The near-term outlook for the US stock market via SPY, QQQ & IWM followed by analysis on GLD, GDX, UUP & several trade ideas including GILD, CARA & SMH.
This video begins with the near-term outlook for the US stock market via SPY, QQQ & IWM followed by coverage of the following stocks, sectors & commodities that stand out as potential trading opportunities at this time: WEAT, JJG, DBA, CHOC, NIB, $COCOA, FCEL, DDS, M, AZPN, NVDA, SMH, IPI, MOS & POT.
The outlook for the US stock market via SPY, QQQ, & IWM followed by analysis on GLD, GDX, SMH, WEAT, JJG & DBA.
The outlook for the semiconductor sector via analysis of the three main semiconductor ETFs: SMH, XSD & SOXX as well as the individual semiconductor stock holdings within SMH. Although AMD is not a component of SMH, I did cover the stock starting at the 5:45 mark as I've received several inquiries on it in the [...]
member @lkeno inquired if it appears that the SMH (semiconductor ETF) is ready to break down soon. SMH continues to grind higher within this bearish rising wedge pattern just putting in the 3rd consecutive divergent high. Although each the previous divergent highs did result in a correction, due to where prices are in proximity to [...]
This video starts with analysis on gold, silver, platinum & GDX, followed by coverage of the US stock market (via SPY, QQQ & IWM) various sectors & some of the recent trade ideas posted on Right Side Of The Chart.
Member @gaucho inquired about TSM (Taiwan Semiconductor) & SMH (semiconductor ETF). TSM, which is still an Active Short Trade, has been working it way down within a falling price channel since the divergent high & rising wedge breakdown, coming within a mere 11 cents of the first target on Dec 1st. By nearly all metrics, [...]