Setup in X. 1/25/2021
We have a little resistance on the way up in X, but your risk is defined. Please be sure to watch for triggers. Have an awesome weekend!
Archives: Daily Videos
3 is a Magic Number
In tonight’s free video we’re looking at 3 day charts in a few old favorites through home builders, then adding some variety with a bit of tech. I’m considering the potential for bullish themes in each of these as 2021 gets underway.
Stay on Target
Last week we reviewed the potential of higher prices for stock indexes; the majority of that strength came through on the day of inauguration. For now I think we stay on target, focus on a few favorite picks, and keep an eye on this one major caveat.
Pullbacks in the Indices and Opportunities Setting Up
Looking at the market from an Index — Sector — Stock perspective, the weighting and significance of the relationship between these three can setup and put many moves in perspective.
How do you know when a market is freshly parabolic?
This is a popular question I address in this update, as well as the overall bias of the market, not top picking, as well as today’s daytrades.
Another New All Time High
In this video we look at the big move higher and the hitting of yet another all time high as the market anticipates more stimulus. What does this mean to the S&P levels and where might we go from here? We consider both the up and down moves that are possible and try to figure out a game plan.
The Rally Continues
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Today’s Daytrading Recap
Waiting for our pitch. We got two. Controlling risk by not overtrading and choosing our entry, finding our edge. Here’s how YM and CL setup today. I will look for these same patterns tomorrow and each day!