The stock market could to THIS in July and August
It’s been a nutty strut for the stock market this first half of 2020. Looking ahead at the second half, things could remain at least as interesting and July and August look to provide ample opportunity as well. Watch the video now.
Use these two moving averages
At the risk of oversimplifying things, I want to show you two short term moving average that I have used for the past twenty years that have served me very well. Watch the video now.
US Steel stock is priming for a big move
I know what you’re thinking, US Steel (X), it’s not the most exciting stock in the world. But you know what, it just might be one of the better setups happening out there at the moment. Watch the video now.
Options trading strategies on S&P 500 and Apple
Is the tech trade over for now?
Mega cap tech stocks have been leading US stocks higher for an extended period of time. While this certainly can continue in the longer run, price action of late is suggesting we may soon see rotation out of tech.
As good as it gets for FB stock?
Facebook (FB) stock rallied 70% since mid-March, which led to a ‘chart breakout’ earlier this week. Is this now as good as it gets for FB bulls?
Stocks are likely capped for the time being
A v-shaped recovery of the stock market, much less of the economy is improbable at the moment for various reasons, even with a covid-19 vaccine. For stocks this likely means they are capped for the time being. Watch the video now.
This is the best possible environment for this asset
https://youtu.be/tQjm3mPR8Tg Risk assets, in particular equities seem exuberant regarding the economy going forward. Personally I see subpar reward to risk for equities…but one asset class could shine in this environment. I discussed this with IG TV. Watch the short interview
This bearish pattern is everywhere
It is the confluence of technical, fundamental and structural factors where in my experience the highest probability trades set up. One bearish pattern is currently flashing everywhere and coinciding with other factors.
AAPL holds the key to the stock market this week
We are heading into a massive earnings week for mega cap tech. Meanwhile the ratio of Nasdaq 100 (QQQ) vs the New York Stock Exchange Composite (NYA) is frolicking at all time highs. AAPL may now hold the key for the stock market. ——————————————— ———————————————