This video provides end of week analysis for the US stock market covering the major indexes & several market-leading stocks. Key technical levels & developments to watch for, as well as the longer-term outlook for the stock market, are covered. In a nutshell, the S&P 500 printed its first weekly close below the primary uptrend line off the January 2016 lows while the Nasdaq 100 closed right on its comparable primary uptrend line support. We also had a mixed bag of technicals on the majority of market leading stocks with most closing right on or near key support levels & several [...]
Analysis of the US stock market, various key sectors including gold & GDX.
This video provides an overview of the recent price action in several key sectors & indices as well as some key technical levels and developments to watch for going forward. As the broad market has been grinding around in a sideways to slightly higher range in recent months, most of my analysis has been focused on the intraday time frames recently (10-60 minute charts). At those chart patterns have now started to play out with daily trading ranges starting to expand, the focus in this video turns back to the more significant daily time frames while also covering some chart patterns [...]
The following video provides the near-term & intermediate-term outlook for the financial sector via XLF & several of the largest financial companies, including an update on the XLF Active Swing Trade.
An overview of the financial sector etf, XLF, along with the technical outlook for the largest financial stocks. The following securities are discussed in this order: XLF, BRK.B, JPM, WFC, BAC, C, GS, USB, MS & AXP along with key support levels & price targets.