list of daily videos
With the bond market selling off, the only index that held up great was the NDX 100. But only a few stocks within it kept it up. I will be looking at those big stocks closely for any signs of bearish reversals.
Earlier this year, weekly squeezes in the indices + leading stocks led to explosive moves higher throughout the market, With new weekly squeezes printing, are the markets gearing-up for round 2?
After a rather hot PPI report this morning we will get another number in the morning, CPI. Let’s see what is in the cards but either way I have a plan for you that we can look at in tonight’s update.
The rally was fierce, but it was just a vacuum back to the mean.
Put these levels on your chart each morning and then follow their lead.
The NDX index is showing some loss of momentum at the daily 50 SMA. In the meantime, some of the big NDX stocks, like MSFT and AAPL, are showing some small bear flags.
Pre-earnings momentum is right on schedule, just as the Hot Zone said. Meta was my top pick for a pre-earnings momentum setup, and it’s made my first set of targets. Where do we go from here? Let’s take a look. In addition to rising prices, we are also seeing rising volatility, which will be great for overnight earnings trades. I’m discussing these setups during my free webinar this Wednesday at 7 p.m. CT where I’ll demonstrate how I made $1367 on ADBE overnight, and more. Join me by signing up at www.simplertrading.com/nightly to learn more.
We saw a great setup last week in CYBR. Let’s see if we can keep some momentum going with a run into earnings trade on GS.
Charlie Sheen said it, not me. In this case it seems to be the Bulls who are doing what they need to in keeping the dream alive.
On Monday we talked about support and resistance levels in the NASDAQ-100. Let’s revisit them and consider what’s next as the index has held support and is pushing up against resistance.