Weekly Market Wrap for 7-27-18
End of week technical analysis & outlook for the US stock market via SPY, QQQ, IWM & VXX as well as ES & NQ E-mini futures. ? playback speed can be increased in the settings to reduce video duration
Stock Market Analysis + VXX Trade Idea (video)
Technical analysis on the US stock market via SPY, QQQ, ES & NQ E-mini futures, FB & AMZN as well as an unofficial trade idea on VXX (VIX short-term futures ETN). playback speed can be increased in the settings to reduce video duration
Stock Market Analysis & Outlook (video)
The near-term & intermediate-term outlook for the US stock market including key support & resistance levels as well as price targets.
Long Volatility, Short XIV
XIV (Inverse VIX Short-term ETN) looks poised for a drop to at least the 96.61ish area on a break below this 60-minute bearish rising wedge pattern (~11% below current levels). Daily & 60-minute charts of XIV followed by the daily chart of the $VIX, unofficial trade idea. This scenario hinges [...]
Market & Trade Ideas Update (video)
Some of the things that I'm watching for in the stock market today as well as a few trade ideas that stand out right now. This video starts with a quick update on the broad markets via QQQ, SPY & IWM, followed by a look at the volatility indexes ($VXN [...]
QQQ, SPY, IWM & $VIX Analysis (video)
The near & intermediate-term outlook for the stock market via QQQ (Nasdaq 100 ETF), SPY (S&P 500 ETF), IWM (Russell 2000 Small Cap ETF) & MDY (Midcap 400 ETF) as well as analysis on the $VIX volatility index. Click the setting icon at the bottom right of the chart if [...]
Near-term Market Outlook: SPY, QQQ & IWM
The scenarios outlined with the dashed orange lines on the 60-minute chart of QQQ, SPY & IWM highlight my expectation for a pullback ranging from at least 1½-3% from the recent highs with a move down to as low as the 240.50ish level on the SPY quite likely. [...]
VIX, VXX & General Stock Market Analysis
As per the request for analysis on VXX from @lkeno in the trading room, my charts on both $VIX (spot VIX, CBOE Volatility Index) and VXX (iPath S&P 500 VIX Short-Term Futures ETN) are below. As the underperformance/tracking error of the volatility/VIX tracking ETNs are among the worst of just [...]
Daily Market Recap (video)
A recap of today's price action & recent technical developments in the US equity markets (SPY, QQQ & IWM) as well as a few key sectors ETFs such as XLK (technology), XBI & IBB (biotechs), SMH, XSD & SOXX (semiconductors) as well as the volatility indexes ($VIX & $VXN).
Sector Analysis (video)
Fundamental & technical analysis on a few key sectors including the automakers, biotechnology, semiconductors, technology as well as the volatility indexes. The following stocks & sector ETFs are covered in this order: F, GM, TSLA, TM, XBI, IBB, PBE, SMH, XSD, SOXX, XLK, TECS, $VIX & $VXN.