Trading Notes: Stage is set for a slightly negative open. Friday's OPEX price action was strong and steady to the downside, and the focus is whether the bears can create additional follow through to what was seen on Friday. It is FOMC week, and there's a good chance the volume [...]
Trading Notes: Stocks, despite a hot CPI, PPI and Retail Sales report, managed to hold their own this week, and SPY and QQQ are breaking out of the bull flag from the past 1-2 weeks. The market certainly has room to run, and assuming as much, I will look to [...]
ARM Stock IPO came out and traders are trying to determine whether or not to buy the ARM IPO. In this video, I provide my technical analysis on ARM and look at the history of hyped up IPOs and how that may impact ARM IPO as well.
Trading Notes: The market has been in a four-day trading range that is essentially filled with doji candles and little direction during regular trading hours. Volume hasn't picked up as much as one would expect following the Labor Day holiday, and Big Tech has been extremely difficult for traders. Yesterday's [...]
Apple saw the stock price sell-off following its big product launch, but where does one buy AAPL stock at? What are the key levels to buy AAPL at? In this video, I will provide you with my Apple stock analysis, as well as where you should buy AAPL at.
Trading Notes: Tuesday saw QQQ and SPY trade in four-day, sideways trading range. The pullback yesterday in QQQ took a heavy hit on NFLX and as a result, I closed the position as it dropped back below its breakout level. With CPI out, should the market choose to rally, I could end up re-entering NFLX or [...]
Trading Notes: An afternoon rally yesterday built on its pre-gap higher, now has futures pointing lower, with a steady trickle of selling overnight. Ahead of the CPI report tomorrow, you may see a market vacillate throughout the day as it awaits the report. The 10-year yield is within grasp of [...]
Trading Notes: Futures are trading higher to start the week, with very little news until Wednesday's CPI report due out at 8:30am ET. I expect, with the holiday shortened week behind us, to see some pick up in trading volume. Last week saw a lot of stocks fade their breakout [...]
Trading Notes: Yesterday was a good example of some of the pitfalls that come with managing the risk and using stop-losses as META sold off for really no explainable reason on insane amounts of volume in the middle of the day. The fear of mine that it would hit the stop-loss [...]
Trading Notes: Heavy selling out of big tech today, as relative strength was found in small caps. From a day-to-day standpoint, that makes for difficult trading as capital keeps going back and forth between large and small caps. Wednesday also saw an uptick in volume as NVDA and AAPL saw heavy selling. For [...]
Cannabis stocks and ETFs are having some of their best gains in years, and traders are piling into them on huge volume. I provide analysis using my swing trading and technical analysis strategies. These stocks include Tilray (TLRY), Canopy Growth (CGC), Cannabis ETF (MSOS), Alternative Harvest ETF (MJ).
Trading Notes: Market internals on Tuesday were quite bearish and small caps paid the price on Tuesday. But like what has happened over the course of 2023, investors chose big tech stocks as a flight to safety rather than the traditional staples/utilities combo. Currently I have two positions in the [...]