A quick look at the FAAMG (FB, APPL, AMZN, MSFT & GOOG) stocks that have led the Nasdaq 100 to its recent highs & where they are trading in relation to Wednesday's technically significant (as resistance) gaps, along with some other key technical levels to watch via the 15-minute charts. With the exception [...]
The two largest components of the leading index, QQQ, are currently backtesting the bottom of Wednesday's gaps, thereby offering an objective short entry on either of these two companies (AAPL & GOOG/GOOGL) or the QQQ as where they go, the Q's are likely to follow. Should they happen to enter the gaps & print a [...]
Analysis of the US stock market via QQQ, SPY, IWM, SMH & the following market leading stocks: AAPL, GOOG, MSFT, AMZN & FB.
Technical analysis of the U.S. stock market via the index tracking ETFs; SPY, QQQ & IWM as well as the outlook for the market leading FAAMG stocks (FB, AAPL, AMZN, MSFT & GOOG).
Here's a mosaic of 1-minute charts with a few of the things that stand out to me so far today highlighted in red, namely the considerable fade of gains in 2 of the 3 market leading FAAMG stocks that reported earnings after the market close yesterday, with INTC & the semiconductor sector also trading sharply [...]
Just a heads up for those not aware, 3 of the 5 FAAMG stocks (i.e.- the leading stocks that have been doing most of the heavy lifting in the Nasdaq 100 in recent months) are scheduled to report earnings after the close today. Amazon (AMZN), Alphabet (GOOG/GOOGL) and Microsoft (MSFT) will be report after the [...]
Identifying divergences between the stock market & various indicators in order to help identify when to be on the look out for a trend reversal. Covered in this video are the charts of the Nasdaq 100, S&P 500, IWM (Russell 200) and the percentage of stocks trading above their 50-day moving average in the Nasdaq. [...]