Quarter-end games in sight
With the Alibaba IPO priced, US equities closed the week last Friday near the flat line as the options expiration date did its best to chop traders back and forth. The week went to the bulls. However, the notable weakness in the small capitalisation space gives bears some hope as we enter a fresh five […]
Banks, transport sector hold up US indices
On Monday I discussed the conundrum that traders face in the S&P 500 from a multi-timeframe perspective. After Tuesday’s rally and Wednesday’s flat-lining of the index, the conundrum remains, but with the near-term odds going to the bulls. In essence, the index remains basing above the 1’980 – 1’985 area, which previously acted as resistance. […]
Video: How to trade Alibaba once it launches…or just let it settle…
What do you think Alibaba shares will do immediately after they go on sale on Friday? Take off like a rocket or dive as the initial excitement fades? Alibaba shares are expected to be priced at around 68 USD, clearly aimed at tempting retail investors. Difficult to directly compare Alibaba with other internet stocks but […]
First Solar breaks higher FSLR
First Solar Inc (FSLR) has been a hot stock for a number of years and even year to date it has offered active traders some good opportunities. Since March FSLR has built a clear line of resistance, which it now is finally overcoming, and that could lead to a meaningful move higher. Watch the short […]
Multiple time-frame conundrum of S&P 500
US equities closed last week on a weak note, with all of the major indices and all ten sectors of the S&P 500 closing lower on the day. Weakness into a weekend is something that traders rarely like to see as, unless one also positions defensively into the weekend, any follow-through selling the following Monday […]
See both sides: The bull case
In Wednesday’s video, I discussed the two sides of the current US market structure: the bull case and the bear case. For the record, I still see good potential for this market to put in a cyclical top sooner rather than later, particularly as this could coincide with a seasonally more difficult market in coming […]
How to trade the autumn months
[youtube id=”7XR5QbOIgjs”] The autumn months have the propensity to bring about an uptick in volatility, which for the active investing and trading crowd can spell opportunity. Here is how I am looking to trade the autumn period.
Tesla coils up for another trade TSLA
[youtube id=”LwJ-ASNcv8g”] Shares of Tesla have come a long way off their May lows and by early August had revisited their all-time highs from February. Over the past few weeks the stock began to consolidate and coil up below a clear line of resistance, which favors an ultimate break higher.
My guest appearance on the Optionshouse Benzinga premarket show on August 27th
[youtube id=”pRQ-2q1mYW8&feature”] My guest appearance on the Optionshouse Benzinga premarket show on Wednesday August 27th
We all know the old saying ‘what goes up must come down’, but will the S&P 500 obey the laws of gravity?
We all know the old saying ‘what goes up must come down’, but will the S&P 500 obey the laws of gravity? Watch the video here: https://www.tradingfloor.com/posts/berger-my-2020-vision-for-the-sp-500-1454988 After the surge in US stocks, there’s a sense of where are we now? So what’s the best strategy? Serge notes “surprising strength in the financial sector” which […]