A lot of people think a bottom is in, I’m doubtful of that. I don’t trust this rally one bit and what is interesting is how closely it follows the narrative from October 2018. If that happens, we will ultimately chop around for some time, before eventually seeing the ultimate rug pull that takes the
The market has been in need of a rally like this for a very long time. The question is whether it can actually hold such a rally into the next trading session, because it has failed, in glorious fashion, to do so since February 11th. Follow through to the upside would work wonders for the
There are tons of bounce plays out there right now. It scares me though how many people are ready to buy the dip here, especially among retail traders. I went into a Verizon store yesterday because my phone broke over the weekend, and I listened to the guy tell me about how he just
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
Developments on some of the major stocks are really eye opening as the stock market continues its ongoing crash. Get all of my trades that I make real-time by jumping in the Trading Block and start making some profits for yourself! Baidu (BIDU)
Today was hardly a rally – yes, it will look good on the nightly news but lacked serious conviction relative to what has been seen of late. I’m not trusting this rally at all and did not participate in it one bit today. People will chase after it today and take the risk overnight and
I want to be clear – not all of them are bullish.  There are a mix of stocks that are benefiting from the Coronavirus pandemic – like Kroger (KR), and others that are selling off hard but approaching some major long-term support levels that if it can hold and the market can hold steady (doubtful
These bounce plays show promise. Don’t get me wrong though, there is a lot of uncertainty in this market as the struggle for the bulls to re-establish its supremacy over the market seems unlikely for the foreseeable future. Nonetheless, take a look at these guys: TSLA, MA and AMD. Get all of my trades that
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
About 90% of these stocks are too oversold to short right now, but wait… The stock market is insanely oversold right now. Can it go lower? Sure, but that doesn’t mean the risk justifies the reward. Right now it doesn’t The market is at historically oversold levels. I’m talking about being on par with October