Trading a Nasdaq Breakout?
The Nasdaq is a stone’s throw away from experiencing a major breakout, and it’s occurring right at the time when I look for major pre-earnings moves to occur. Let’s talk about TSLA, AMZN, GOOGL, FB, TWTR, and more.
The Nasdaq is a stone’s throw away from experiencing a major breakout, and it’s occurring right at the time when I look for major pre-earnings moves to occur. Let’s talk about TSLA, AMZN, GOOGL, FB, TWTR, and more.
Coffee seems to know the way and that’s a good thing. Nat Gas is holding steady. Crude gets news from both sides but holds and the Grains & Gold just don’t quite look ready yet. Equities experiencing the 1st of new Qrtr markup per the plan so let’s dive in and see about making a plan to trade all of this.
TSLA delivery numbers were released over the weekend and the stock reacted positively today, following the bullish Voodoo Lines roadmap perfectly. What does it look for next?
We’ve seen a bit of a pullback from this week’s high. But as Robert Plant informs us, there are still two paths possible from here, and plenty of time to change one’s road once the market signals its direction.
Another month is behind us. Heading into April, I want to share a few of the better looking trends and setups on my watchlist. I’ve broken down my watchlist into two parts: names we can take action on now and names that are extended and we’ll wait to buy on a pullback.
New month leads to new opportunity! Let’s take a look across the board of the indices, sectors, and names I’m keeping an eye on. As for our swing trading watchlist, we’re keeping our focus on names like energy, natural gas, agriculture stocks, etc. These are all names that have good structure, trend, and momentum for plays to the upside.
In a new quarter I always look for the opposite of the action a week before, and since we mildly sold-off through the week into Friday I want to see if /ES can get back up to 4600. If so we’ll be prepped to short the mother of all head & shoulders.