The following video begins with brief analysis of the major stock indices followed by updates on many of the recently highlighted swing trade ideas. Silver or Gold level access initially required.
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Swing Trade Updates 11-20-20
2020-11-20T11:50:02-05:00Nov 20, 2020 11:50am|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities, Subscriber-only Content|Tags: $COFFEE, $EUR/USD, $EURO, $GOLD, $NDX, $SPX, $USD, /ES, /GC, /KC, /NQ, EXPR, FXE, GLD, IPI, JO, ORGO, PEI, PEIX, QQQ, RIG, SPY, UAN, USRM, UUP, XXII|12 Comments
I have joined $CREG on a pullback. Green energy wave.
No update on NNDM? It went 30% up yesterday then fell of a cliff due to dilution from what I remember. Sucks to catch that move today. :/
Any feedback on NNDM?
@rsotc – would love to hear your thoughts on cannabis. Thanks
Moneygram ($MGI) impulsive break out. (overbought though). [Highlighted many times by Randy in the past]
SUP weekly. Overbought after 225% rally. Stock has been priced to death I guess & some fundamental change sent it higher. Lotta levels to fill on the way up I suppose, if it can work out the overbought conditions & hold ~4.40 support. @rsotc any thoughts? Looking through movers today.
That’s a daily chart correct?
Yes
I just noticed that since the beginning of the October, GBTC is up around 100%. Speaking of diversifying amongst uncorrelated asset types.
@rsotc I have been looking for some active/swing trades today and went through 13Fs of Scion Asset Management LLC to see what smart money have been doing in Q3. Stocks that stood out to me, with stock prices that haven’t gone too far from the fund’s entry (orange line on charts) & I think can be entered on a pullback to support: WDC, LUMN.
Source: https://whalewisdom.com/filer/scion-asset-management-llc#tabholdings_tab_link
hey randy
can we get your observation on a vxx/vix trade? also an IWM short at these levels?
looks like VXX showing positive divergence and support plus broader stock market at all time highs.
thanks!
Roger
can anybody explain why the chart of NQ is different from QQQ