Technical analysis on the Nasdaq 100, including the market leading FAAMG stocks, followed by analysis on the semiconductor sector via SOXX, INTC & NVDA.
I had two price alerts trigger right after the opening bell today. I was watching this beautiful bullish falling wedge pattern on FL (Foot Locker Inc) with price alert set on a break above the wedge (downtrend line). I was holding off since FL was scheduled to report earnings before the market open today & [...]
Since the first 3 of the FAAMG stocks (AMZN, MSFT & GOOG) reported earnings after the market close last Thursday, those leading stocks (in green) have posted the following gains as of yesterday's close: FB: +5.40% (reports after the market close today & currently indicated to gap up another 1% at the open today) AAPL: [...]
Today will most likely see the markets trade in somewhat of a holding pattern as investors & traders alike await a slew of earnings reports from several market moving stocks. Three of the five FAAMG stocks; AMZN (Amzon), MSFT (Microsoft) & GOOG/GOOGL (Alphabet) will report earnings & provide forward guidance after the close of trading [...]
This video highlights some significant technical developments & key levels to watch in the market leading FAAMG stocks; FB, AAPL, AMZN, MSFT & GOOG/GOOGL. Collectively, these companies account for a 42.43% weighting in the Nasdaq 100 Index, just 5 companies accounting for nearly half of the returns of a 100+ stock index. In summary, the [...]
Technical analysis on QQQ as well as the market leading FAAMG stocks followed by the outlook for the biotech sector via XBI and a few of the largest biotech stocks (most of which are components of QQQ). The following ETFs & stocks are covered in this order: QQQ, AAPL, GOOGL, MSFT, FB, AMZN, XBI, ABBV, [...]
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 [...]