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
Bulls are using the force on this May the Fourth to push the markets into positive territory. However the breadth is absolutely putrid, and once again we are seeing a flight into technology, primarily in the big tech giants, as Apple (AAPL), Netflix (NFLX), Facebook (FB), Amazon (AMZN), and Microsoft (MSFT) are ripping the faces
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
A fly in the ointment. Watching today's price action, I could be wrong, but I think this market is on the verge of breaking. The Russell 2000 is sitting at some heavy weekly resistance, the FAANG stocks are taking on some heavy losses, today, and SPX tested the 61.8% retarcement level today and failed miserably