A brief overview of the US stock market followed by several swing trading setups that stand out at this time. Discussed in the following order are: The US equity markets via $NDX, $NDX-E & SPY;the Oil & Gas Equipment & Services sector via XES, SN, WFT, SWN, TTI, FTK, TESO & PKD; Wheat via WEAT [...]
Analysis & the outlook for QQQ as well as the largest components of the Nasdaq 100, which account for the bulk of the performance of that leading index.
This video begins with a brief overview of QQQ (Nasdaq 100 tracking ETF) followed by the near & long-term outlook, including some key supports, chart patterns & price targets, for the 10 largest components* of QQQ which alone account for over 50% of the returns of that market leading index. * I had mistakenly left [...]
A look at the short & long-term charts of the Nasdaq 100, QQQ & the top 10 components which are responsible for over 50% of the performance of that leading stock index. The following index/sector/stocks are covering in this order: $NDX/QQQ,AAPL,GOOG/GOOGL, MSFT, AMZN, FB, INTC, CMCSA, AMGN & XBI (Biotech Sector ETF).
A look at the US equity market via SPY & QQQ with a focus on the top components of QQQ, several of which have broken key support or remain just above key technical levels.
There haven't been any significant changes to the outlook for the US equity markets since the most recent updates but with US equity posting gains across the board today, I figured that I'd cover some of the key technical levels to watch along with a overview of the top components of QQQ.
Outlook for the US stock market via the leading index tracking ETFs as well as the top components of the Nasdaq 100.