I could almost memorize my watch-list if I really wanted to. In the history of doing this website, I have never found so few short setups in my life, and to be honest, most of these are barely hanging on to this watch-list, as another day of rallying, and I’m likely to not have a
A tiresome, far too predictable, and difficult to trade market Frustrated and annoyed by the stock market? You are not alone. The bears have no back bone, institutions are absent from the rally, and all you have left is a bunch of David Portnoy fan boys (FYI – I do like his Pizza reviews) who’s
A two-day pullback has become a generational buying opportunity for this market. You can’t get any more than that without a rip-your-face-off rally thereafter. The dip buyers, the algorithms, the Robinhood Bro’s – the only thing they know to do is to buy the dip. No volume, no problem, they thrive in this environment, and
If you still think this is a free market, I have a bridge to nowhere I'll sell you. Look, whether the market continues to go up or it eventually corrects itself, I'll align myself with its direction accordingly. But in doing so, doesn't mean I agree with what the market has become. It sickens me
Stocks setting up for further downside. Phenomenal rally of late, but considering the overzealous nature of the market of late, and irrational behavior of the Robinhood Bro’s to keep buying the dip at a relentless pace, the SharePlanner Reversal Indicator is flashing reversal signs that further downside beyond what has been seen this week
FAANG Update: $FB $AAPL $AMZN $NFLX $GOOGL I regularly update the charts for Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX) and Alphabet (GOOGL). Check out the updates below. Get all of my trades that I make real-time by jumping in the Trading Block and start making some profits for yourself! Facebook
Conditions are looking bad beneath the surface. This market is rallying right now, mainly because of five stocks. Six if you want to throw Netflix (NFLX) in there too. These stocks have a huge sway on the overall market: Amazon (AMZN), Facebook (FB), Alphabet (GOOGL), Apple (AAPL) and Microsoft (MSFT).Â
Tech continues to be unstoppable – rising for a sixth straight day.  You’d probably expect that there’d be more tech stocks on the list, but I’ve had to take so much of them off the list because they have gone straight parabolic over the past week. Many of which have seen gains of over 20%.Â
Bearish Reversal Setting Up This has probably been one of the most unexplainable market rallies of our time. Of course when you realize the Fed has added unlimited amounts of funding to the financial market with no care for inflation, and even signaling negative interest rates in the near future, well, I guess, I can
The breadth on this market is absolutely putrid. But that is the kind of lunacy we have seen in this market of late. Every index is trading higher, yet the bears still hold a 3:2 edge on declining issues over advancing ones. $VIX has tumbled off of its highs, because volume levels on