This video begins with an overview of two long-term indicators that warn of a significant bear market in the foreseeable future followed by a discussion on not only how to survive, but how to prosper during the next major downtrend in equities. Going forward, the stock market is likely to continue to shift away from the buy & hold + indexing strategy that has worked unusually well in recent years towards a trading & investing environment that will likely be marked by increased sector & asset class rotation while security selection (i.e.- individual stock picking vs. index investing) & tactical asset [...]
After hitting & reversing off the first price target, the SOXX (semiconductor ETF) short trade rallied to recently clip the stop on two consecutive intraday spikes this week, failing to close aboe 196.40 so far. As discussed in yesterday's Short Trade Ideas Update video, SOXX is on watch for another short entry for the next leg down. This trade & all associated posts will now be moved to the Completed Trades archives. Previous & updated daily charts below: The next sell signal on SOXX could come on a break below this 60-minute uptrend line, the 191.43 support level or [...]
Technical analysis on some of the swing trading ideas that stand out at this time including both official & unofficial trades on Right Side Of The Chart. The following trade ideas are (roughly) covered in this order: SPY, SOXX, UGAZ, XENE, RKDA, TNDM, RDUS, AOBC, MJ & cannabis stocks (update, not a trade idea at this time), IEF, TLT, XLE, ENDP, OMI, PTX, M & OREX. playback speed can be increased in the settings to reduce the duration of the video
This video provides an update & the outlook for all active trade ideas on Right Side Of The Chart at this time as well as a couple of potential trade setups. Also discussed are some general trading strategies & considerations on aligning one's swing trading with the near-term outlook & trend of the broad market. The video duration can be reduced by increasing the playback speed in the video setting as well as skipping ahead to any particular trades which are covered in the following order: AOBC, OMI*, OREX*, CORN, ENDP, GE, IEF, JJG, SOXX, SPY, UGAZ**, XLE & XOP*** followed [...]
Updates on all Active Trade Ideas on RSOTC as well as a couple of the recently closed trades such as GDX. Playback speed can be increased in the settings to reduce the duration of the video. The following stocks/ETFs/ETNs are covered in this order: XLE, UGAZ, SPY, SOXX, JJG, DBA (unofficial long), IEF, GE, ENDP, CORN, AOBC, OSTK (closed) & GDX (closed).
Technical analysis on the US stock market providing my near-term scenario along with some technical developments to watch for followed by an update on a few active trade ideas on RSOTC.com.
The SOXX (semiconductor ETF) Active Short Trade has just hit the first target (164.78) for a gain of 11.8% (or roughly 36% for SOXS which was mentioned as an alternative trading proxy) from the entry on Jan 24th, the very day after SOXX topped & just off the all-time high (so far). T3 remains the final swing target at this time although the odds for a bounce off this level are elevated at this time. Original & updated daily charts below. Longer-term swing & trend traders shouldn't be overly concerned with any potential counter-trend bounces as the chart still [...]