This video is provides a brief (under 12 minutes) overview of the key technical levels, developments & prices targets for the stock market via SPY, QQQ & IWM as well as some of the sectors that stand out as attractive trading opportunities at this time.
In the comment section below today's Index & Sector Analysis video, in which I briefly touched on natural gas, member @murphydoc inquired: 'So is Nat gas a buy? What would be your target?' Although I'm personally long nat gas, I decided not to add it as an official trade idea because I'd prefer to see [...]
This video provides the outlook for various U.S. & non-U.S. indexes as well as numerous sectors & industries. Highlighted are some of the more bullish & bearish sectors at this time as well as well as a concerning development in which I've noted a recent & clear shift, most likely by institutions (i.e.- the 'smart [...]
As a follow-up to last week's post OpEx Ramp In Effect, Fade Likely To Begin Next Week, it appears to me that the correction that I was expecting to happen this week will most likely begin today with the markets closing significantly lower, quite likely printing a bearish engulfing candlestick. If that does occur, it [...]
An overview of the financial sector via XLF & several of the leading banks & financial institutions and where they are likely headed in the coming months. Discussing in the following order are: HSBC, XLF, BRK.B, JPM, WFC, BAC & C.
FIT (Fitbit Inc) just reported earnings after the bell & is current trading flat to slightly higher (AH trades not reflected in this EOD chart). On watch for a breakout above this bullish falling wedge pattern as a potential bottoming play. Unofficial trade setup at this time as I'd prefer to see how both Fitbit [...]
It has just come to my attention that after pausing the video covering the top 10 components of QQQ earlier today, the recording remained paused until after covering the 4 largest components (3 companies); AAPL, GOOG, GOOGL & MSFT. Here's some of the key technical developments along with potential price targets for AAPL on the [...]