Let’s set the tone on the various scenarios we could see from the market along with my two favorite setups that I believe are worth keeping an eye on. The market mostly moved sideways for November and December as the market had to deal with economic events. While it chopped, a beautiful 2-day squeeze started to form and is beginning to release as we head into the new year.
Is Santa done? The upside is limited from the seasonal perspective but does not mean that we cannot start planning for next year. Sectors and Industry scanning is a keep part of that preparation and I share how I do it in this update.
LOW and HD are both set up for nice trades into new highs. There is always so much talk about which is better, so let’s compare levels and risk parameters with each.
The post-Christmas trade has opened up with a bang, with AMD, MSFT, NVDA and more leading the charge higher. As the market strengthens up. buyers continue to come out of the woodwork, and will likely cause continued upside pressure this week. Check out my top tickers I’m watching, including TSCO, AAPL, DDOG, NDAQ and more.
We recently discussed a plan for Meats, Metals, Softs and more. Tonight is a review of those and a plan going forward. Watch to find out more!
We recently discussed a plan for Meats, Metals, Softs and more. Tonight is a review of those and a plan going forward.
Santa’s still coming to town but the trends are not ones that would suggest that we should have a longer-term expectation on follow-through. In this video I explain where and why this will be so but that there is plenty of opportunity we still have.
In this video, we look at the ES and SPX for clues about the market. I think the bounce we have had last week is amazing and I expect more. Next week is the “official” Santa Rally so get ready for more upside.