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 [...]
The TWTR (Twitter Inc) short swing trade has hit the final target for a 23.8% profit in under two weeks. Consider booking full profits as a meaningful reversal from or near current levels is highly likely. Previous & updated 60-minute charts: click first chart to expand, then click anywhere on right of each expanded chart to advance to the next full-size image (or pinch-zoom on mobile)
Updates on all of the official short trade ideas on Right Side Of The Chart at this time. For those wishing to skip ahead to a particular trade, the following stocks are covered in this order: ENPH (recently stopped out), LABD, XBI, NKTR, NFLX, SIRI, TWTR & URGN. playback speed can be increased in the settings to reduce the duration of the video
Technical analysis of the US stock market via QQQ (Nasdaq 100 tracking ETF) & SPY (SPY 500 ETF) providing both the near-term & intermediate-term outlook. The outlook for the market-leading FAAMG stocks is also covered. There are some significant technical developments, chart patterns & key levels to watch at this time as the market could be on the verge of another sharp correction. While this video runs longer than most market updates due to the additional coverage of the FAAMG stocks, including potential price targets, probably scenarios, etc., I believe it is worth watching due to the elevated potential for another [...]
The TWTR (Twitter Inc) Active Short Trade hit the first target earlier today for a quick gain of 6.1% going on to just hit T2 for a 12.8% gain in just 3 trading sessions. Based on the quick gains coupled with the very oversold near-term conditions, I would consider booking partial or full profits here as the odds for a meaningful bounce off or near this level are fairly high at this time. Those holding out for T3 might consider lowering stops to protect profits at this point. Previous & updated 60-minute charts: I posted an update in the [...]
The following notes & charts outline the entry criteria, price targets, suggested stop & beta-adjusted position size for a swing trade in TWTR, Twitter Inc.
Yesterday I had posted a handful of stocks to watch today as they were scheduled to report earnings after the close or before the open today. Interesting enough, most of those stocks have gapped above or below the key technical levels that were highlighted with some reversing at or very near the key nearby support or resistance levels. Here are a few stocks scheduled to report after the bell today or before the open tomorrow that either have the potential to move the market or may be of interest to those already positioned in any of these names. FB (Facebook), as [...]