Back to Balance?
With the jobs numbers in the morning we will get to see if it’s a continuation trade or rather one of back to balance. The good news is that we know where that is, so let’s talk through that in tonight’s market update.
Archives: Daily Videos
list of daily videos
Pick A Side
AAPL is one of the most important stocks in the current market and it’s facing a critical decision. If forced to pick, what would you do with shares here? Let’s look at a chart and some levels that may help inform our decisions.
The Power of the Nested Squeeze
Nested squeezes have lead to some of the bigger moves in the market as of late, with the $SPX still coiled across multiple time frames. Let’s discuss how to gauge whether these squeezes lean bullish or bearish
Finished Flat
The month of May opened and closed at the same price 4190. The Dow and Russel lost ground while the Nasdaq added a ton. Lets look at this and talk through it so that we can make a trade plan around the observation.
Wrapping Up May
Thursday will mark the first trading day in June, and after a good start to several of our favorite themes I’d like to get a little more information before making my next round of decisions.
How not to lose your shirt.
It’s only on volatile days do we really see how our entry and exit strategies really work. In this update, the emphasis is on how to manage risk after sudden moves when daytrading with today’s setups in the NASDAQ and crude oil.
Debt Ceiling, Bonds, and Problem Sectors
It’s not tech alone moving indices; it’s also the laggards causing the Dow and S&P to fall behind.
A Bit More To Squeeze
Stocks ended the week on a strong note and while they may seem extended, I think there’s at least one more leg higher before we see any kind of short opportunity. Here’s the most important chart if that outlook is going to continue to work.
Does Your Week Look Like This?
And more importantly, what changes and tweaks can you make in this market environment that favors day trading? In this update I outline what is working, what time of day the day trades are setting up, and how futures and/or options are great ways to enter these types of trades.