All posts by Sami Abusaad
What Would it Take to Be Bullish?
The market has consistently had lower highs and lows since December, culminating in bearish moves at the end of last week after it had tried to move higher. How has that affected Sami’s view of the market? Could another move higher changes his sentiment? In this video, Sami explains: – What AA and CF reveal about the agricultural sector – How the oil stocks on his watch list compare – Which stock is a possible hedge against a market selloff – Why it’s not too late to play NVCT – Why he has a hard time finding a stop in ETSY
Continue Reading -->The Bearish Breaking Point
Figuring out the bias of the market this week should be pretty clear, at least according to Sami. What level is he watching for, and how does that tell him whether or not the market is bearish? In this video, Sami explains: – What an hourly chart shows for ADGI – How many ideas he’s planning on taking this week – Which group of stocks is very bullish – Why DAC may be headed towards all-time highs – What kind of breakout can be found in MDRX
Continue Reading -->Where is QQQ Going Next?
Last week Sami mentioned that support for QQQ would be at 350. At the start of this week, QQQ is already at support, but that doesn’t mean that it’s going to hold. Find out where he thinks the market is heading next and when it might get there. In this video, Sami explains: – What’s so difficult about Bitcoin – Why this week is harder to predict – Where to place targets for DOGZ – Which pattern can be found in GFI – How OVV compares to USO
Continue Reading -->Sami Abusaad on the Trading Nut Podcast
Want to get to know Sami Abusaad? Then watch his appearance on the Trading Nut Podcast: Sami goes over: The HUGE loss that drive him to get a real trading education How he got started in the industry What it really takes to succeed Why your personality matters HUGE when it comes to being profitable Where people go wrong in trading And MORE!
Continue Reading -->The Selloff Shock
The market had a selloff last week, which not even Sami saw coming initially. What finally tipped him off? And how should you play the market this week based on your sentiment? In this video, Sami explains: – What he thinks will happen in QQQ – How CSCO is faring 22 years after the top of the tech bubble – Which name has carried over from last week – How market activity would affect his ideas for the week – The open position that still looks good to short
Continue Reading -->Riding the Rollercoaster into 2022
Sami was bearish around 2 weeks ago when the market looked like it could break the weekly trend. But now, after last week’s bullish move, it’s starting to look a little lower again, although it could be moving back up soon. In this video, Sami explains: – What he likes so much about CYH – His wish for INVZ – The two setups that can be found in PIRS – What SGRY reminds him of – Where he’s placing a target on TRHC
Continue Reading -->Weekly vs. Daily Chart – Which One Wins?
It looks like the market is rolling over on a daily chart and is looking overall bearish. Sami is expecting a selloff this week, but the weekly chart is maintaining an uptrend. Which chart will fail, and which one will prevail? In this video, Sami explains: – Why the market has stayed relatively close to the ATH – When a breakout might trigger in ASPU – How AVIR compares to ARDX – Where he finds most of his swing plays – Which 3 telecom stocks he’s watching
Continue Reading -->Is the Market Bullish Now?
The market had a major reversal last week, and the SPY is now bullish (QQQ is close, but needs to break out more). Which indices should you be watching to determine market movement this week? In this video, Sami explains: – Why FLR is still a long swing idea for this week – What looks good about FULC – Which JXN chart looks the best – Where to find a transition A breakout in MTCR – How to find an entry in a stock like PDBC
Continue Reading -->Breaking the Market Trend
The market looked like it would roll over bearish last week, and it did. So now the SPY is testing the 20 ma and Sami thinks that it won’t hold like it has in the past. Find out what he’s predicting the market will do in the coming days. In this video, Sami explains: – How to find a head and shoulders pattern in QQQ – Which stocks are unaffected by the market selloff – Where CIEN could go if it takes off upward – Why he changed his sentiment on OLMA – What the next few weeks could look like for EH
Continue Reading -->How to Trade After the Black Friday Drop
Even on a half day, Black Friday brought a trend break to the market with news of the Omicron variant. Should you plan for the trend to turn back up or will it continue down? Find out what Sami’s thoughts are for market movement this week. In this video, Sami explains: – What he’d be extremely surprised to see in QQQ – The one name he’s looking to play long this week – When KRNT might trigger long – The reward-to-risk ratio for PSTH – Where he would add to a short position in AFIB
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