list of daily videos
Microsoft is reporting earnings on July 25th. This ticker has a historical pattern of trading higher before earnings, which is especially the case after a breakaway gap the prior quarter. I’ve been eyeing a pullback for a better entry with an edge, and we are getting that right now. Let’s review critical buy zones along with what I’m looking for in an entry.
Bearish targets are starting to come in. I’ll update you there with what is next if further. Also need to start to prepare for a bounce from one of these upcoming levels so we will talk through that and where it starts to look different as a backup.
The S&P 500’s decline from June 16th ended the day where it is almost exactly equal to the decline from May 19th. That is notable because any further downside from here and we’ll be in the largest pullback since the March 13th low.
When do we root for the bears? When we need a pullback to buy into. Here is where and why I am bullish the indices and the timeline as we head into end of quarter volatility.
There’s a hidden signal under the market that is not imminent but is important. Let’s review the timing.
We’ll start tonight’s review with some thoughts on two of the most basic food groups, and two of my favorite charts in this market.
Let’s take a look on how I am combining technicals and AVWAP to nail entries.
ES & SPX have backed off a bit since the run up into the expiration. Additionally, it has been a Fed parade of speakers to deal with and information to sift through. The question now seems to be how far back to anticipate the retracement, thus where to buy it again.
