Category Archives for Sami Abusaad
What Sami’s Taking Long This Week
Sami has been trailing out of a lot of his short positions and adding on some long positions… but all of the long stocks have something in common. What do these moves say about his thoughts on the upcoming week? In this video, Sami explains: – Why he doesn’t have any shorts on this week’s […]
Continue Reading -->Thursday’s Bullish Bar
Sami’s been bearish since the market broke down on a buy setup, so he was surprised to see a bullish day on Thursday last week. What sign would change his sentiment to be bearish again, and how is that affecting his trades for this week? In this video, Sami explains: – The hallmarks of a […]
Continue Reading -->The Most Bearish Day
Last Thursday was what Sami said was probably the single most bearish day he’s ever seen. Every single big name started the day up, but then sold off. Should you expect to see a lot of selloffs this week, too? In this video, Sami explains: – Why timing is so difficult this week – Which […]
Continue Reading -->Selloff on the Horizon
Based on recent activity in SPY and QQQ, Sami says we’re looking at a prolonged selloff with an eventual probable recession, meaning a bearish sentiment for the near future. How should you plan to trade, especially this week? In this video, Sami explains: – How airlines will react to a recession – What is interesting […]
Continue Reading -->Watching for a Recession
The market popped last Monday when it triggered a buy setup, followed by a drop on Tuesday. But the 20 ma is still pointing up, making it much more difficult to tell where the market will go this week. Sami explains what he is watching this week and what needs to happen before we can […]
Continue Reading -->Signs of a Possible Pullback?
Fundamentally, there is no reason for the market to be rallying… but the bullishness is undeniable anyways. This week, Sami is watching for signs of a sell setup, which would be the catalyst to change his sentiment. What are the signs he’s looking for, and how likely is it for the market to pull back? […]
Continue Reading -->What Caused Sami to Change His Sentiment
The hot debate in the Strategic Day Trader room last Friday was whether or not the market has topped out long term or not. Sami was one of the first people to say that we have, but changed his bias after the market pop. What caused him to change his mind, and what is he […]
Continue Reading -->Have We Hit the Long-Term Bottom?
The QQQ has hit a bottom, and Sami’s taking it as the long-term bottom for now due to the multiple green bars after a big drop. What signals would make him change his mind? And how is the upturn affecting his trade ideas for the week? In this video, Sami explains: – Why it hurts […]
Continue Reading -->When Will the Market Bottom Out?
The market doesn’t seem to have hit a bottom yet, but it’s on it’s way downward and looks like it will hit Sami’s next support area. What has to happen before you start looking at the support area after that? In this video, Sami explains: – How CRWD differed from QQQ last week – What […]
Continue Reading -->Signs of a Recession?
The market had a significant drop last week, and Sami believes that if Thursday’s low doesn’t hold, we could be in for a recession. But knowing exactly where we go from here is a different story. Find out what Sami’s watching in the week ahead. In this video, Sami explains: – The number one pattern […]
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