Why This Market Is So Hard
Sami Abusaad explains why it’s so hard to determine the trend right now: Sami also goes over: A potential long scenario in QQQ this morning Why it’s hard to put together a game plan today Why Sami like CAVA, DOCS, and EBAY Why he’s bearish on ARRY, CHPT, RXRS, and others And MORE!
Continue Reading -->Today’s Apple & Nvidia Game Plans
Brought to You By Scott Redler’s Power Plays – Get My #1 Idea Every Week. SPX futures are +38 after a close on the lows Friday. There is no real reason for the bounce, but the Oscillator went out at -45, which was oversold into CPI and PPI this week. Today is the AAPL iPhone event and ORCL earnings are […]
Continue Reading -->The Stock Market Is a Mess (and Bitcoin ain’t much better)
Sami Abusaad explains the major conflict he sees in SPY and QQQ. Sami also goes over: Why the market looks short-term bearish and long-term bullish How the market’s complexion is affecting his view of Tesla (TSLA) stock Why most stocks need the market to rally Why the Bitcoin chart looks so sloppy right now GLD’s […]
Continue Reading -->The #1 Question Traders Are Asking Right Now
Brought to You By Scott Redler’s Power Plays – Get My #1 Idea Every Week. We have mixed markets around the world as we head into the last 4 months of the year. Market expectations call for 103bp of cuts for 2024, so economic data is important into the Fed on 9/18. The #1 question […]
Continue Reading -->The Trend Is Dead – So Keep Your Head Together
JR Romero argues that the trend is dead. And that you have to change your attitude to succeed in this market: JR explains: Why he identified QQQ $462 as a potential bullish trigger for Nvidia (NVDA) and AMD (AMD) What’s changed in the current market environment Why the current trend is broken, and how you […]
Continue Reading -->What The Market Needs From This Jobs Report According to David Prince
All eyes are on the labor market this week ahead of the August jobs report on Friday. Economists expect the U.S. economy to have added 162,000 jobs last month with the unemployment rate dipping to 4.2%. Watch the video below for what type of report David Prince thinks the market needs: David also covers: Why […]
Continue Reading -->The Power of This QQQ Buy Setup
In this week’s swing trading video, Sami Abusaad breaks down the QQQ’s buy setup: Sami also goes over: Why SPY looks bullish How the QQQ/SPY buy setup can fail Why IWM is so difficult to analyze right now EOSE’s bullish 1-2-3 pattern Why Sami likes the monthly pattern in LYFT, which is similar to DIS […]
Continue Reading -->My Tesla Game Plan – Watch THIS Level
Brought to You By Scott Redler’s Power Plays – Get My #1 Idea Every Week. SPX futures are -28 after Friday’s afternoon rally which took us to the upper end of the two-week range. It’s been a choppy trade with lots of false moves. We’ll see if dip buyers defend the 5581 active support area. A […]
Continue Reading -->Nvidia Looks Good, and Gold Looks Even Better!
Sami Abusaad covers the aftermath of Nvidia (NVDA) earnings, and explains why it looks good long-term: Sami also covers: Why he normally does not trade after hours Why he jumped on Nvidia (NVDA) long after earnings The reason Nvidia should shake off near-term choppiness Why he still finds Level II data useful The particular times […]
Continue Reading -->Nvidia Has a Beautiful Story – But I’m Not Buying Into Earnings
JR Romero LOVES the long-term story on Nvidia (NVDA) – but he’s not buying into today’s earnings report. JR goes over: What Google’s Larry Page signaled about AI Why the long-term story for Nvidia is so great The near-term dynamics that don’t guarantee a huge pop in Nvidia today Where Nvidia needs to guide to […]
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