This video takes in-depth look at some of my favorite trade setups in the Resorts & Casino industry, outlining key technicals charts patterns, support & resistance levels, trendlines, price targets & more. Several of these resort and/or casino stocks appear poised for a drop as much as 50% or more from current levels. The charts [...]
Over the past few years I've highlighted a fairly consistent pattern that I refer to as the OpEx ramp. As this 2-year chart of QQQ highlights, there has been a relatively consistent pattern of the market rising into standard Options Expiration (3rd Friday of each month), followed by a correction. The chart, as well as [...]
The following notes & chart outline the entry criterion, price targets, suggested stop & position size adjustment for a swing trade on ISRG, Intuitive Surgical Inc.
The following notes & chart outline the entry criteria, price targets, suggested stop & suggested position size adjustment for a trade in WB, Weibo Corp.
This video starts with a brief overview of the charts of gold & silver (via GLD & SLV) followed by a discussion focused primarily on the near-term outlook for the gold & silver mining sector via the charts of GDX & a few of the leading gold & silver mining companies in the following order; [...]
Nothing new to report since yesterday's pre-market commentary as the major stock indices went exactly nowhere since gapping up to those resistance levels (SPY 214.05 & QQQ 118.00), clinging to those levels like glue throughout the entire trading session yesterday, followed by a very minor dip in after-hours into early pre-market trading today & then [...]
The following video provides an overview the medical device sector via the iShares Dow Jones US Medical Device Index ETF, IHI, along with analysis of my favorite trade setups in the sector. The video begins with an overview of the sector & review of the charts on IHI, followed by an overview of the following [...]