Heatmap for the NASDAQ The Nasdaq Heatmap shows a mixed bag after the first half of the trading day today. Major stock market indexes traded mixed in the first half of Monday's session A Fed governor told traders and investors on Sunday to curb their enthusiasm after last week's spectacular price moves, fueled by a rotation out of 2022 winners, into all...
Our proprietary risk model for the US market changed to GREEN giving swing-traders a green signal to increase their exposure. Most technical indicators in our risk model improved versus last week and are now showing a green or al leaset a yellow light. Contrarian / psychological indicators like the bulls vs bear indicator are well in a range which would support a...
Heatmap NASDAQ for last week The heatmap for the Nasdaq for the last 5 trading days looks great. Many names could improve by more than 10% with only very few exceptions, TSLA being a big outlier last week. Overall a very promising week which could actually indicate that we are getting very close to the bottom of the current bear market. General Market Update...
Watchlist Update All stocks on our watchlists meet the hard selection criteria according to Mark Minervini's Trend-Template and William o' Neil's CAN SLIM methodology. All stocks are in the process of developing a Perfect Buy Point and a low-risk entry, following a volatility contraction pattern. Here is the link to the updated watchlist: www.tradingview.com
The stock LLY on our US watchlist just broke out of a sound base and triggered a buy signal. We are adding a 1/2 position to our US model portfolio. SL can be set at 314.9 (4% risk). Profit target is > 10%.
I believe tech will remain strong, and this trade also has a large margin of error. Opened for a 0.40 Credit. Looking at the chart, this trade lines up perfectly with a support zone, in addition QQQ is still trending upwards on a quarterly basis. This is a bit of a reversion trade in the sense that I am taking advantage of the pullback to collect adequate...
The general market action is discussed using the large US market indices and our updated watchlist is presented: www.tradingview.com The updated watchlist includes the following stocks: SHOP, ATKR, AFG, WIRE, MT, FND, SCU, POOL, VRTS, IDXX, AIG, HCA, BLDR, CNOB, ON, CAMT, CSTM, TTEC, AXON, CATO, PNFP
APPLE IS NOT LOOKING LIKE A SOLID HOLD ATM... AS FEAR AND ANXIETY GROWS AROUND THE ELECTIONS, WE WILL MOST LIKELY WITNESS A FLASH CRASH BEFORE 2020 IS OUT.. FORTUNATELY, A CRASH IN PRICE COULD BE A GREAT TIME TO ENTER TECH MARKET STOCKS AS HYPER INFLATION LOOMS EXPONENTIALLY CLOSER, THE 'NEW NORMAL' REQUIRES THESE TECHNOLOGIES, AND WILL CAUSE RELATED ASSETS TO...
AAPL is a step closer this week to its $233.47 All Time High. The market is skeptical, investors proceed with caution on this Resistance especially since the 1W RSI is just above the 70.000 barrier, but should they? History shows that every time the 1W (weekly) RSI of Apple Inc breaks 70.000 after after a specific sequence and following a Higher Low on the long...