Buy setup in Russell
Choose your own adventure via the micro or mini Russell futures or the IWM Russel ETF. There is a third fade buy setting up.
Archives: Daily Videos
Waiting on kaPowell
Lots to like in the market but not until we know what it is that Powell is going to signal tomorrow.
Is This Time Different?
The big question is, once again, do we buy the dip? The S&P 500 (ES) has shown the mentality to ‘buy the dip’ over and over again the last year… but it might still be time to remain patient before we take on that mindset and go long.
Daily Charts vs. Weekly Trend
This year, many of us traders have taken on the mentality to ‘buy the dip’, but there are a few key levels and indicators that we’re watching that prevents us from getting long just yet. The daily squeeze is firing to the downside on the S&P 500 (ES) with volatility (VIX) remaining high as we head into Friday’s session with the upcoming FOMC meeting. To avoid putting too much exposure on swing trades, we want to remain patient over the next few days. What should we expect going into October?
Stalking a Buy in TSLA
The indexes were pretty weak today overall, however, that means there will likely be nice buys setting up soon. I’m not getting in yet, but here is the setup and levels I’m watching for a potential TSLA pre-earnings buy.
Is There Hope for Turnaround Tuesday?
The indexes are in a precarious spot after a nasty gap down over the weekend, and everybody wants to know if the low is in. Let me walk you through my game plan for tomorrow, the key levels I’m watching, along with some key Phoenix stocks I will jump on, when the time is right.
Reversals versus Retracements
What makes a bearish market? What makes a downtrend? Have those criteria been met? We have to be discerning about where the dips are valid and where the market is in chop.
Dips versus Downtrends
After the Monday session, the question of what downside is there — and is it buyable — is a timely one.
99 Problems
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.