Daily Videos Archive

Weak Week

To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), or log in if you are a member.

In this video, we look at today’s price action as we got the latest CPI numbers, showing that inflation continues to increase. This caused another big sell-off, and the overall market looks very weak. We look at levels and try to determine which way we might go from here and how to trade this. I go over what has been working for me and BIAS and look at two end of day Lotto ticket trades.

In a downtrend, the name of the game is selling bounces.

To access this content, you must purchase Voodoo Mastery (Quarterly), or log in if you are a member.

$AAPL to $140? Bearish TTM Squeeze Setups

When bearish squeezes develop across multiple frames, the odds of a significant move lower increase dramatically. Let’s take a look at the weekly squeeze in $AAPL, and the short I’m looking to pursue for the move into $140.

Downtrend. It’s not good, it’s not bad, it’s bearish.

When it’s a trend we can trade it with an edge since a clear path of least resistance is a trader’s friend. The S&P and NASDAQ organized into a downtrend days ago and it’s only the Dow that is neutral. With healthcare likely the only sector still keeping the S&P from lower lows let’s focus on short the rip setups.

Short the Rip in $AAPL + $TSLA

While we’ve seen the markets and many leading names trade well below their highs, the structure of the weekly charts in $SPX, $AAPL, and $TSLA suggest there could be plenty more downside to come. Let’s map out a few trades that we can pursue into the next bounce.

Trends are here.

It may not be the uptrends that many traders want, but a trend is a better environment than chop. The S&P, NASDAQ, corn, gasoline, natural gas, and most currencies are in trends right now. There is a lot to like despite last month’s volatility. The dust has settled and it’s time to set up the next round of trend following entries.

Earnings Destruction: Trading RBLX on Earnings

My earnings destruction list is long this week, which you can find at www.twitter/traderdanielle. I’m already in LMND and NVAX, but I want to add some additional tickers, and I’m eyeing RBLX. Roblox was once crack for kids, but they are still losing money and surely have a lot of bag holders needing to get out. For this reason and more, I’m eyeing a short on earnings. Check it out here!

Is Capitulation Here?

The indexes made more new lows on the year today, and key, once market leading stocks were even getting pummeled along with the former COVID darlings. These outsized moves are indicative of the beginnings of capitulation. Additionally, there are many tickers reporting earnings this week at high risk of destruction. Let’s talk about UPST, LMND, NVAX, PTON, YETI, and more.

Off to a Rough Start

Started out with a Bang today. A Crash Bang. SPUs down 3.2% out of the gate. Finish like the Derby @ 80:1 odds? Looks like the answer lies in Wednesday’s report. I’ll explain.