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).
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. [...]
Most traders & investors are familiar with the term the 'FANG' stocks, an acronym for the high-performing tech stocks Facebook, Amazon, Netflix and Google. Why Netflix, with a market cap of only $60.15B is included instead of the much larger Microsoft (MSFT), which not only has a market cap over over 8x that of NFLX [...]
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.