Are markets trending down after a slow February? Stocks, Crypto, and even Bonds have hit Resistances and broken Supports. Let's look at what price does at levels to find opportunity!
Centene NYSE:CNC fired off a signal on this morning's open at a "50 in 50" level. The most important level is the COVID Low to All Time High 50% Retracement which for the last few weeks price has been testing. This is an important multi-year level that the stock price needs to hold to continue to retest the all time high. To reduce the initial risk on this...
I have been stalking NASDAQ:AMZN share prices for months now watching as it retraced from the All Time High down to a full 50% Retracement from the All Time Low. This is a pretty epic pullback level that took decades to create. The 6 month downtrend from 146 > 81 created its own 50% Retracement at 114 as Resistance. February earnings popped to this level and...
Market update after a sideways week. Let's talk about potential themes for 2023: Artificial Intelligence and the BECKY index.
Almost every year in the stock market has a "theme" for what sector or idea becomes to latest craze. In late 2020 it was Electric Vehicles, in 2018 it was blockchain, in 2017 it was pot stocks. Something going on in the culture primes traders' minds for this "thing" to be the hot item to invest in. Much Kool-Aid is drank as the trend progresses and any stock...
This morning, the first trading day of 2023, I ran my S&P 500 spike scan like every morning. The spikes were skewed heavily to the bearish side with 99 Bearish Spikes and only 1 Bullish Spike. That spike was HSIC NASDAQ:HSIC . I like the context of this price action happening at the 50% Retracement of the bear move from the All Time High down to the October...
BITSTAMP:ETHUSD fired off a spike signal on the 2 Hour timeframe (see below for trading timeframe). The context is that price is now back at the pre-FTX collapse high of November 5th, 2022. This is a key resistance and a price volatility spike at this level is significant and worth playing a short pullback from the January 2023 trend.
Did EVERYTHING hit a top this week? Have we seen the end of the opening 2023 rally? Tesla, Bitcoin, Ethereum, S&P 500 have all come off key Resistance levels.
This video is my strategic analysis for when I will be looking to buy my next real estate investment property. I use the Cash-Shiller Index, CPI, and charting techniques of mean reversion to create indicators I will follow in the years ahead as real estate trends downward following the rise in mortgage rates and fall in home prices.
This week: another rate hike and super strong jobs data to close off a bullish January. Has the market reached a point of maximum elation?
JPow is back again for another monthly market moving money printer speed measuring!
Big win for Elon but will inverse Cramer kill the momentum? Bitcoin topping out at a major high. January is almost over... what does that mean for 2023?
Bitcoin breaks resistance from the trend it started last week! Stock market recovers from a dip! Has the bull market begun again?
With the close the UTC Time Daily bar Bitcoin BITSTAMP:BTCUSD has officially entered a bullish trend. The current price has closed above the 50% Retracement from the FTX collapse dip. What defines this signal is when price closes above the Daily Ichimoku cloud while the Lagging Span (Momentum/Chikou) is also outside the cloud. This is the first time since...
I carved out a win today on NYSE:PSA to start a trend off the Weekly 50% Level. This has a chance to run based on the technical setup as well as a possible secular bull trend if one believes people will need to store their stuff into a housing crunch. The initial trade began on a 30 minute timeframe spike (which unfortunately was not caught on Tradingview...
Bitcoin Bulls Are Back! Bitcoin has made a move not seen since March of 2022! The CPI print this month setup a major signal in stocks. What is going to be the best trade of 2023? Let's talk after the Friday closing bell!
What is the big trade for 2023? I think it is going to be BONDS. This is my thesis on going long NASDAQ:TLT to start 2023. I walk through the reason that when yields go up, bond values go down (as did TLT) and why I think that TLT is likely to go back up over the course of this 2023 and beyond.
Did you make any New Year's #Trading Resolutions? Have you already broken them? In this week's Livestream, the first of 2023, we'll go through my picks for the year and I want to hear yours!