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SPY & QQQ Updates

A quick update on SPY & QQQ. After one of the largest 3-day declines so far this year, on both Thursday & Friday SPY found support on the minor uptrend line that was most recently highlighted in Thursday's video while QQQ fell to right where the previous 60-min chart scenario had projected from the last [...]

Aug 14, 2017 9:45am|Categories: Equity Market Analysis|Tags: , , , |4 Comments

Semiconductor Sector & ETF Analysis (video)

This video provides analysis of the semiconductor sector via $SOXX (PHLX Semiconductor Index) & the 3 major semiconductor ETFs: SOXX, SMH & XSD. Also discussed are the pros & cons of trading the 3x leveraged ETFs, including SOXL & SOXS. The factors affecting the performance of leveraged ETFs when held for extended periods of time, [...]

Stock Market & Sector Analysis (video)

An overview of some of the recent significant technical developments in the major stock indices as well as a few sectors & individual stocks that stand out as attractive trading opportunities at this time. Also discussed are the pitfalls of becoming complacent after a period of unusually low volatility & benefits of being prepared at [...]

Semiconductor Sector Breaking Down

XSD (SPDR S&P Semiconductor ETF) has made an impulsive breakdown below the primary uptrend line off the early 2016 lows. Comparable trendline breaks are pending on SOXX (iShares PHLX SOX Semiconductor Sector ETF) & SMH (VanEck Vectors Semiconductor ETF) as they are currently testing TL support. A break & close below the trendlines on both [...]