Archives: Daily Videos
Putting S&P Futures Under a Microscope
When trying to identify the next move we can look to clues from the Voodoo Lines and the Micro Voodoo Lines which help spot support and resistance for smaller-timeframe swings.
A Look At Leading Stocks After Weak Monday
Surprisingly weak close for the Monday session. I thought the SPY could bounce again into overhead resistance, but so far, couldn’t do it. I then look at leading stocks like AAPL, AMD, and GOOGL to see what stories they tell me. They could clue us in for timing as well.
Go nowhere Monday, but get ready for tomorrow
Today was choppy top to bottom with no resolution, but tomorrow holds promise for the reasons discussed in this update.
Manic Monday, more like a Mayday Monday.
We take a closer look into the indexes and how they had a weak close for today. I elaborate on some of the leaders like AMD, AAPL, and GOOGL to see if they can clue us into anything as to when things will turn. And finally, I see if the Semis want to take the path of the IWM and how much longer can oil go up?
No bonus points for the difficult trades
Quite simply I think there are easier trades out there than that of the Indices. Commodities are getting the love. Let’s take a look.
Billie Jean
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Tick, Tick, Boom
Let’s dive into a signal that will drive trade for the next year. Don’t miss this one.
AMZN is playing with fire.
Today’s strong recovery in AMZN stock on the heels of earnings brought the price to and then just above its Voodoo fireline — the same level which had been resistance on recent recovery attempts. How it reacts at this level will likely show the next move in this name.
Buy or Sell this rally?
Whether it’s the NASDAQ, S&P, Dow, or Russell, was this the move to buy or to short into? The answer—as always—begins with the market structure. In this update we will deep dive the indices and sectors and look at what today’s rally set up for next week.