AAPL Has A Clear Trading Range Now (Video Market Update)
After a sharp 18% rally off the June lows the S&P 500 has now reached a better confluence area of resistance, made up of its 200 simple moving average, Fibonacci resistance, overbought momentum and plenty more. Thoughts?
S&P 500 Now At The 200 Day Moving Average (Video Market Update)
After a sharp 18% rally off the June lows the S&P 500 has now reached a better confluence area of resistance, made up of its 200 simple moving average, Fibonacci resistance, overbought momentum and plenty more. Thoughts?
The XLU Is Screaming ‘Beware!’ (Video Market Update)
The recent sharp rally in utility stocks (XLU) is telling me that some clued-in investors are positioning defensively heading into the autumn period.
Can The QQQ Rally 40%? (Market Video Update)
The sharp 23% rally in the Nasda1 100 since June seeing more market participants turn bullish again. However, history remains on the side of the bears according to our research. Let’s put the recent rally into some much needed perspective.
A Must-See S&P 500 Chart! (Market Video Update)
I came across an absolute must-see chart of the S&P 500 earlier this week. It is flashing a signal that it only has done so 3 previous times, ever!
Energy Stocks Are Down But Not Out (Video Market Update)
After giant gains in the first half of 2022, energy stocks have given back some of those gains and are in consolidation mode. The bullish trends in energy equities are not yet broken however.
COF Remains In A Clear Bearish Trend (Video Market Update)
COF stock remains in a well-defined bearish trend with the potential for another leg lower. We want to be careful buying financial stocks just yet.
WM Stock New All Time Highs (Video Market Update)
Not many stocks are pushing to fresh all time highs this year. Waste Management (WM) is bucking that trend and currently breaking out to fresh all time highs. Check out the video.
SNOW Bullish Trade Setup (Video Market Update)
Some technology stocks such as Snowflake (SNOW) are still setting up for some more upside for quicker trades. They do remain a bearish trend however.
Markets Are in This Trading Range (Video Market Update)
After an ultra-sharp rally off the June lows many risk assets such as equities are now nearing the upper end of their trading ranges. Markets are in a wide bear market trading range, and that does provide ample opportunity.