Technical analysis on QQQ & the market leading FAAMG stocks; FB, AAPL, AMZN, MSFT & GOOG. note: This video was recorded before the opening bell today so the charts are reflective as of Friday's close. The playback speed can be increased via the settings icon on the lower right corner of the video to reduce [...]
Pardon my absence today in the trading room as well as my lack of updates on the front page. I had a repair technician troubleshooting a spotty internet connection for nearly all of the day today. After reviewing the charts of the US stock indices now that I'm back online, there are a few things [...]
Technical analysis providing the near-term & intermediate-term outlook for the Nasdaq 100 via QQQ as well as the market leading FAAMG stocks; FB, AAPL, AMZN, MSFT & GOOG/GOOGL.
Technical analysis of the US stock market with a focus on QQQ & the market leading FAAMG stocks: Facebook (FB), Apple (AAPL), Amazon (AMZN), Microsoft (MSFT) & Alphabet (GOOG). Note: Video playback speed can be increased via the settings icon. video playback speed
GOOG/GOOGL (Alphabet Inc) was the first of the market leading FAAMG stocks to report earnings after the bell yesterday & so far, the market's reaction has been unfavorable. Here are the 60-minute charts of GOOG along with QQQ. GOOG has gapped below both the most recent rising wedge/contracting price channel following a divergent high as [...]
Analysis of QQQ & the market leading FAAMG stocks (FB, AMZN, AAPL, MSFT & GOOG) with key support & resistance levels with a relatively quick (~14 minute) video:
On the daily time frame, QQQ is close to backtesting minor uptrend line from below. A failure to regain the trendline will likely see prices fall to at least the 132.90 area. 60-minute trend indicators remain clearly bearish at this time although the bear flag breakdown fell well shy of the measured target with QQQ [...]