Back To Balance
This is a return to the main market and I estimate it will remain the same until we get the answer to the looming question which is deal or no deal?
Archives: Daily Videos
list of daily videos
Tips On How I Like To Nail An Entry
When I see a stock that I am stalking for entry, I like to use the 20min HOLB or LOHB as a trigger for entry. Here is a live example.
Anatomy of a Profitable Daytrade
Three winners today for the morning session with our traders. In this update, I highlight the /NQ trade as well as share the management of the trade from the morning entry.
How To Trade Earnings On MDT
In this video I walk through the chart technicals on MDT and several different trade ideas to consider through the earnings announcement.
Crypto Comeback
I’m not totally convinced it’s time to buy Bitcoin. If timing is not an issue you might be okay, but I really want to time the fast money move. Let’s look at the levels for that and the reason why I think it might be a thesis to follow.
A Rare Find
Almost never! Back tested, today was not a likely occurrence. The first hour’s range has not held the day’s range in 98.5% of trading sessions looking back as far as 2000 trading days. Today was that tight.
Non Mega Cap Showing Signs Of Life
We all know the market has been carried by the big names, but after a year or two of most names getting hammered by the bear market, I am seeing signs of life from several of them. Let’s take a look at the higher time frames to see if new longer term trends are beginning.
Monday’s Picks
In this update I walk through the index-sector-stock approach that points to more NASDAQ strength as well as what is keeping the Dow and S&P from moving higher with tech.
The Night They Drove Old $DXY Down
$DXY, the U.S. Dollar index, has been under pressure since last September, roughly when U.S. equities were bottoming. Holding the Voodoo Lines fireline could lead to a months-long respite from Dollar selling.