Playing With Fire
Firelines are the most important levels in the Voodoo Line study set. Tonight we’re looking at three names that may be respecting these areas, implying higher prices in the medium to long term.
list of daily videos
Firelines are the most important levels in the Voodoo Line study set. Tonight we’re looking at three names that may be respecting these areas, implying higher prices in the medium to long term.
Ugly close in the indexes to end the week. Higher rates putting pressure on tech and a pattern to know for Monday, let’s review.
Non-Farm Payroll has adjusted expectations for post-July rate hikes once again and if we stick with relative outperformers, buy the dip is a solid plan.
AAPL has barely pulled back from last week’s all time high–just a small, choppy retreat to feel for support at the 190.57 Voodoo skyline. Here’s how I’ll watch these Voodoo Lines to assess the paths AAPL could follow next.
At the end of this decade there will be two kinds of companies. Those that embrace AI, and those that go the way of the dodo. With that in mind, let’s look at a few of the names we may be able to look to for leadership.
Gap open lower this morning produced yet another island. Tonight we’ll walk through a plan for the number in the morning. Higher, Lower with targets and a starting line.
The market is strong, but names are taking their time as they move up. This means that I have had to adapt my trading to a buy the dip and wait sort of mentality. Let me show you some examples and the heads up I gave the Moxie Traders before I left on vacation.
Last bit of data before we hear from the FOMC later this month. After this meet there is not another until September so this last round is an important one. NFP this week and then CPI & PPI next week.
After a couple of weeks of downside, the S&P 500 turned back up last week. Now it’s once again stretched as it approaches 3 ATRs above the 21-day exponential moving average. Let’s take a look at all the warning signs that are out there and why this is a tricky spot to try and join the bull move, even if it has farther to go.
Markets firing on all cylinders. Let’s review the indexes and a couple of stock setups into the long weekend.