Still Looking For Bull And Bear Flags
…But now on hourly time frames. With markets at resistance but refusing to go down, I will continue to look for short term consolidation patterns.
Archives: Daily Videos
list of daily videos
AMD: Earnings In Focus
AMD reports earnings tomorrow after the bell. While I’m betting on AMD beating EPS estimates, the post-earnings move is another story. I am looking at this ticker for a premium crushing event and I’ll demonstrate why. Let me show you how you can take advantage of IV crush in the options market over an earnings report.
Waiting For The Big Dogs
Equities did not break but spent the day wandering until late day when in the final minutes it recovered the entire range. This feels like wait and see price action. Waiting for the big name earnings a little later this week. That’s okay though, as we have a plan.
Practicing Pins
Monday’s action was tricky towards the end of the day. I thought there was a bid underlying the market, and there was, it just took every moment we had to see it come through. Let’s recap the final hour and the spread we used to catch a piece of it.
…Ready For It?
Lots of catalysts out of the way, more catalysts to come next week. Let’s review the indexes and a couple of good setups.
Q3 Game Plan
There’s still a lot of 2023 ahead of us as traders. The opportunities continue to multiply. In this update, I walk through the game plan for Q3 as well as the way in which the sector and commodity strength are offering plenty of setups.
Picture Perfect Proportions
On Thursday in the trading room we identified 4528 as a spot to watch for a bounce. Let’s review how we identified the level from which that surprise decline reversed.
ORR Day Today
Outside Range Reversal or Bearish Engulfing… Finally. It’s about time that we finally see some two way trade. Will this bring more volatility? Let’s look at that in tonight’s update.
Where’s The Growth?
As more earnings are released, the picture of who’s growing and who’s not is becoming more clear. That’s worth thinking about if we are going to find something to buy.
I Taught The Signs Of An Impending Sell-Off. It Worked Today.
A weak adv-dec line and a plummeting bond market got us short right near the tops.