The VIX is the CBOE Volatility Index of the S&P 500 Index. The VIX is generally inverse of the Market's Movement, specifically the S&P Volatility is not stable for markets and acts similar to a greed/fear indicator for the markets. The Higher the Volatility (VIX) The greater the Fear VIX has been in an uptrend the past few months since the Bear Market Kicked...
Company : DraftKings has been showing Extreme Relative Strength after a nearly 100% move from its June Low to Recent Bear Market Highs. This Relative Strength is not from nowhere and definitely, can be attached to DraftKings leadership in the Sports Betting & Gambling industry. DraftKings has opened up huge money-generating partnerships with NFL, and other large...
I am sharing a thesis on BTC I have been tracking for the last few weeks. Now before you call me crazy for wanting to "Short" BTC or being a bear, this is solely a Swing Trade Idea for the Short/Mid Term Time Line. In No way do I not support Crypto, and am not bullish on the Crypto Market LONG-Term. This mid/short term thesis involves the WEEKLY & Daily Time...
Today I am discussing Paypal Stock which has been drastically sold off around 40% from highs! I do think this is crazy, and oversold. BUT, I am going to analyze stocks appropriately and without any bias. PYPL as shown on the Daily Chart has been breaking down through this Range it has been trading in of where I have a Rectangle shape Drawn. PYPL just closed...
The IWM as seen from the chart has been forming a solid and strong Inverse Head & Shoulders. An Inverse Head & Shoulders is a strong Bullish Chart Technicals Pattern, that can be seen here. 2 Shoulders, and 1 head in the middle, making the low. I am sharing this idea, as it is a pattern which has been printed on the Russel-2000 this past week, and can't go...