Using gaps for profit targets
Gaps on charts have a tendency to fill and those gap fills can be used as well-defined profit targets on trades and investments. Watch the video now.
Some perspective on TSLA
I know, I know, Tesla (TSLA) is a controversial stock. With that in mind, I wanted to share my take at the current cross-juncture that TSLA finds itself. Sometimes right, sometimes wrong, but always honest. Watch the video now.
Are marijuana stocks turning the corner?
After an ugly selling spree for marijuana stocks since this past May, some signs are emerging that sellers are getting exhausted and this group of stocks could begin to rise again.
AAPL & MSFT are at risk
AAPL and MSFT make up more than 8% of the S&P 500 at this juncture. Both are currently sporting parabolic rallies and AAPL has been short term bullish for a record 57 days straight. These stocks are crucial for near term sentiment in the S&P 500.
A special opportunity in AMZN stock
The divergence of AMZN stock versus the broader S&P 500 has been notable of late (AMZN has sat out on the most recent rally). I smell an opportunity worth taking a look at. It’s something called a ‘pairs trade.’ Watch the video now.
These equity indices are overbought for now
After global equity indices such as the S&P 500 and the German Dax has sharp rallies in recent weeks, they now reached near term overbought. How far could they mean-revert to on the downside before better buying opportunities emerge? Watch the video now.
Why gold is entering a ‘secular bull market’
Serge Berger from TheSteadyTrader.com provides his outlook for gold and explains why he’s bullish on the precious metal, despite the recent pullback. Meanwhile, Serge also provides some technical analysis on the charts of the DAX, which hit four-month highs this week, and Apple – ahead of its earnings later today.
AAPL stock’s ominous pattern
This is not a doom and gloom call on AAPL stock. Rather, this is about respecting a repeatable pattern on the stock’s charts. Watch the video now.
A quick way to gauge market overbought
Looking for a quick but effective way to gauge whether stocks are overbought or oversold? Here’s what I do. Watch the video.
These charts are bullish
I remain skeptical that stocks broadly speaking can really break out higher in a meaningful and sustainable manner at this late-stage of the economic cycle. However, sector and group rotation continues and one part of the equity market is displaying more resiliency of late. I want to respect that. Watch the video.