Don’t Call It A Comeback
Indices rallied as the FOMC signaled that a pause is more likely and data suggested they need to pause.
list of daily videos
Indices rallied as the FOMC signaled that a pause is more likely and data suggested they need to pause.
We finally got a good run in the market, but is it just another bounce in a downtrend? Let me show you my reasons for the move and you can decide with me if it has staying power.
As I am sure you are aware AAPL reported after the bell today. Since reporting it’s currently down the expected move of $6.50 Will that be enough to spoil the bunch? Let’s look through that and more tonight.
Today the Bulls took the lead from the start and continued through the FOMC decision and presser. I’ll share my thoughts and give you a few things to think about.
In this video, we review today’s market action after today’s FED meeting. The market ripped higher after the announcement, but are we getting ahead of ourselves? Powell didn’t say much that we haven’t already heard and I am skeptical of a huge rally from here. We are almost through earnings season, and I am wondering what will drive us from here. Will we keep going lower or bounce even higher and how do I plan to trade it?
This is the question I get most and here’s how to answer the question as well as where this would be true.
This is a classic daytrading setup that triggered in the S&P and the NASDAQ. Find the same one and you will know what to do.
The markets are in a confirmed downtrend–dare we say they’re spooked?
Tomorrow is a day that I’d suggest resting up for the fireworks show later this week. FOMC announces Wed and AAPL Thursday. These things matter.
Teslas have a reputation for being expensive to repair. And the chart of TSLA stock looks like it’s in bad shape. It’s not beyond repair, but bulls need to scrape some funds together if they’re going to get it done.