COMPQ Overbought; Awaiting Pullback Before New Entries
$COMPQ daily still stretched/overbought/extended. Pullback basing or sideways action needed. When? No one knows. It is this chart that has me being very selective with new positions and moving stops hire if appropriate. https://t.co/eq078DEtS1
ABBV Poised to Break Above 50‑ and 200‑day MA
$ABBV what I see in the daily chart and why I am trading it. Next up is a move over the 50ma then 200ma https://t.co/u07FNabupO
UNG Faces $10 Support As
$UNG Daily. When upside breakouts continually fail for natural gas, we might as well see if downside support holds. Here, $10 looks like last stand for natty ETF. Held nicely back in January https://t.co/fzMTGrS8ZG
USD/CHF Reverses Sharply, Breakdown Risk Rising
Swiss Franc Short-term Outlook: USD/CHF Reverses Hard From Resistance- Breakdown Risk Builds https://t.co/fYEj1sHMEZ $USDCHF Daily & 240min Charts https://t.co/Gmh0QMS5Xo
Don't Turn Bearish Without Indicator or Price Confirmation
Portfolio Alpha day... why you do not just flip bearish all of a sudden without the indicators/price suggesting to do so https://t.co/7MMtcmq9Su
Solid Breadth Signals Dip Was Fake, Stocks Set to Rise
Breadth staying rock solid, that early dip in stocks showed zero signs of real selling, and was a great signal we would rip higher https://t.co/lnD4Mep9fQ
Avoid Hard Stops: Protect Against Market Hunting
Hard stops are getting you hunted 👀 If you keep getting wicked out before the move… it’s not bad luck. It’s where you’re placing your risk. There’s a better way to manage your trades without feeding liquidity to the market. Comment WAVE and...
NVDA's False Breakout; Watch 20‑day Support at 196
$NVDA - While the focus is on the four MAG 7s that reported yesterday, it turns out NVDA's breakout on Monday was a false breakout and it will close below the 10 day MA. The next support is the 20...
Mechanical Month-End Rebalancing Signals Sell Strong, Buy Weak
Before we pop champagne, this price action feels mechanical. Clear sell-the-strong, buy-the-weak into the close of the month - likely month-end rebalancing. Need more of this in early May to trust the rotation.
Stay Long on SPX 7500; Avoid Early Exits
Taking some longs off from buying 8-MA support, but would not discount SPX 7500 in the works, so remain long biases People tend to jump off trend moves way too early in both directions
$MP Stock Poised for Move Before EPS on May 6
keep and eye on $MP the sector is strong and this one could be getting ready for a move ahead of EPS on 5/6 chart from @marketsurge https://t.co/Nooem1dHM1
Buy the Dip, Not the Hype.
Investing for dummies: Stop FOMO buying pumps Start FOMO buying dumps on bullish assets Now you're buying discounts and not chasing premium prices like everyone else
TSLA, TSLL Hold Above 10‑21 MA, Eye Recent Highs
$TSLA $TSLL a bit choppy on the daily but over both the 10/21ma's Have it here and watching recent highs within the base.
Patience Pays for Tesla Swing Long Since $368
If u are still in $tsla from the RDR Monday at $368ish. Nice swing long. It’s taking patience.
Wider Upside in LQDA Options Implies Higher Downside Risk
Looking at $LQDA option chain, with some prodding ChatGPT comes up with the following analysis. Note that the predicted distribution has to square with current stock price, and because there is a wider upside range, that requires a larger probability...
GOOGL Rebounds From S3 Dip to R2
they didn't make $GOOGL easy this morning with the late flush below S3. but eventually nice rubber band bounce from S3 to R2. https://t.co/VkRvfdgkVO
Option Market Targets SPX 7300 Amid Weak Asymmetry
And, we are going to SPX $7300 because the option market tells us so. Am I doing this right? 😉
CAR Stock Rebounds After Hollow Break Below 200‑MA
$CAR been a crazy name to trade and I haven't been involved. It did put in a hollow off the 200ma's yesterday and getting some bounce today.
Visa Drops Below 200-Day MA, Marks May Batt
$V Daily. Post-earnings pop, Visa back below 200-day moving average. This price level also goes back 20 months as being significant. Battleground area headed into May for Dow component https://t.co/eq2VIbxEN8
Market Indexes Soar, Magnificent 7 Lag—Shorts?
Market cap indexes all broke to new highs but the Magnificent 7 still haven't been able to. Time to take your shot, shorts? $MAGS https://t.co/pDVSbab0i5
Global Markets Surge as US Mega‑cap Tech Lags
A ton of green away from US mega-cap tech $RSP, SMIDs, & ex-US +1%... bitcoin, bonds, gold also up https://t.co/DbNQGqHO7X
XBI Pulls Back to 50‑MA, Gap‑Up Reversal Signals Day Trade
$XBI with a pullback to 50ma yesterday with small gap up reversal confirm today. (new here) Might be a day trade need more cushion and have swing plan ready.
Single-Stock Delta Triggers $2B
Single stock delta is the downside driver this AM. -$2bn is size... 30-day low is -$4bn for day https://t.co/HMMDWVmMUC
Caterpillar Boosts DJIA, Offsetting 90‑Point Drop
DJIA would be down 90pts if not for $CAT (adding 370pts to the average) https://t.co/enUdGgtidO
MSFT May Call Spread Trade Likely Fails
$MSFT "Trade Idea 2: Buy the May 1 Expiry 430/440 Call Spread ($3.90) and sell the May 1 Expiry 395 Put for 30 cents." a bust, looks to expire
Free Put, Call Spread Gains $5 on Expiration
$GOOGL "Trade Idea 2: Buy the May 1 Expiry 355/360 Call Spread ($2.35) and sell the May 1 Expiry 332.50 Put for free." puts expire, sell to close call spread near $5
Trade Idea Bust: Monitor Puts, Consider Rolling Down
$META "Trade Idea 2: Buy the May 1 Expiry 670/682.50 Call Spread ($5.65) and sell the May 1 Expiry 615 Put for 40 cents." a bust, watch puts, may need to roll down and out
Profit From Amazon Call Spread After Put Expiry
$AMZN "Trade Idea 2: Buy the May 1 Expiry 262.50/267.50 Call Spread ($2.30) and sell the May 1 Expiry 240 Put for 7 cents.' puts expire, sell to close call spread near $5
Tech's Rare +20% Monthly Gains at All‑Time Highs
Here's every time the tech sector had a +20% monthly total return at an all-time high. https://t.co/9aARGfGuZL
Bitcoin Rebounds Early Month Despite End‑month Outflows
There's a constant pattern in the markets. #Bitcoin tends to correct heading into the month's end, then, in the first weeks of the month, it reverses and becomes bullish again. This month is no different. The last few days have shown a...
Oracle Shares Plunge 50% After Bubble Warning
Oracle has dropped 50% since I declared that the OpenAI deal they made was “peak bubble”. And, as @edzitron lays out below, they may fall a lot further yet. At which point the entire house of cards could collapse.
Trimming Final Third of GOOGL Power Play Options
My latest $GOOGL Power Play Options update - i’ll be trimming the final 1/3 today. Don’t miss the next one: https://t.co/huWSItZPOB https://t.co/szufQNua6T
Index Highs Mask Underlying Market Chop; Trade Cautiously
Most traders see the index near highs and think “strength.” But look underneath: → 1,000+ stocks down 3 days in a row → Setups failing to trigger → Follow-through is weak That’s not a trend. That’s chop. In this environment: – Trade smaller – Be selective – Or stay out Wait...
Limit Downside, Capture Upside with Options Before Earnings
📺 MARKET REACTION TO MEGA-CAP EARNINGS: TREND STILL INTACT 🔴 Get today's newsletter: https://t.co/Rqp84Wg39F The market has been in a constructive uptrend, with $SPY holding above the 8-day, which has been key support throughout the recent rally. Major overhangs are now behind us:...
Spoos Spikes Past 7200, Brief Rally Fades
Spoos surging over 7200 Guess that victory lap for trend-fighters was very short celebrating a run of the mill 8MA test lol
Build a Python Algo for 472% Returns
How to make a simple algorithmic trading strategy with a 472% return using Python. A thread. 🧵
Buy Divergence at 240, Anticipate Upside Repair Zone
Repair zone to upisde after 240 Buy Div in GC. One step at a time. https://t.co/9swW3VZ75w
Check If You’re Holding Our Top Signal Strength Stocks
CHART OF THE DAY: Are You Long Our Top Longs In Signal Strength Stocks With Us? https://t.co/uatzlIuW4F via @hedgeye
Low Volume at New Highs Mirrors 2007 Market Peak
@KeithMcCullough @SamofAmerica @RPKent @HedgeyeDJ Data suggest that volume alone is not a reliable indicator of a rally’s ability to sustain itself. That said, the last time we observed this degree of persistently low volume accompanying a new all-time high...
SPX Risk Range Signals Minimal Downside, New Highs Ahead
Post all the noise and "news" post market close, my $SPX Risk Range™ Signal yawned with only -1.2% on the downside and upside to new all-time highs
Utilities Show Strong Bubble Exhaustion, Tech Remains Calm
"Despite the semi/dot com bubble headlines, we aren't seeing that many LPPL exhaustion signals in Information Technology yet ... Instead, Utilities are flashing the most aggressive bubble exhaustion signals at present." -Variant Perception
BuyTrigger Flagged Undervalued Google; 115% Gain Follows
Anyone who owned $GOOG isn’t celebrating the 7% after hours gain. They are celebrating the 115% gains because a year ago Google dropped after earnings despite a good quarter. I built the BuyTrigger system to identify situation like these. My buytrigger system...
SHRIRAMPPS Near Resistance, Watch for Breakout
#SHRIRAMPPS SHRIRAMPPS is trading near a key resistance zone, making this level important to watch. Keep it in your watchlist for a possible breakout opportunity. #StockMarket #StockToWatch #Nifty50 #Nifty #Midcap #Smallcap #Sensex
BIYA Poised for $3‑$3.70 Breakout on Supply‑demand Flip
$BIYA nailed this on my free watchlist last night, and it's back on my watchlist yet again for tomorrow... Super simple plan here, just need to see this clear over daily supply for the supply -> demand flip as shown below. As...
ConocoPhillips Poised for Further Upside Beyond Resistance
Nothing but blue skies for ConocoPhillips above this resistance range. Looks like it is gearing up for another run at it https://t.co/hSa0R97xiL
Telecom Leads; AAOI, LITE Bounce, VIAV Spikes Post‑earnings
Telecom the leading theme today with $AAOI and $LITE good bounces/reclaims from their 21ema. $VIAV gapping up on earnings after hours as well https://t.co/1lga8isscp
Flat Tape Masks Hidden Dispersion, Cautiously Bearish Outlook
Apr 29 close: the tape barely moved on the most loaded 24 hours of the quarter, and that is the tell. SPY pinned at $710 (-0.02%), Nasdaq +0.61%, Dow -0.56%, Russell -0.67%. The averages flatlining hid real dispersion underneath. Stance:...
Identify the Only Non‑Bearish Candlestick Pattern
Final exam time…. Here’s one Q All of the following candlestick patterns are bearish EXCEPT…. A) Morning Star B) Evening Star C) Hanging Man D) Dark Cloud Cover.
Track Consistent Call Buying and Put Writing for Market Edge
4,000 $SIMO May $155 calls were bought on Friday for $8. They closed at $63 today. They kept rolling them, so it was consistent bullish flow. There are also many stocks that have consistent put writing - $GOOGL being one...
FTSE100 Bears Target 9,670 Support Amid Neutral RSI
#FTSE100 Down Candle. Support 10000, 9670, 9423. Resistance 10500, 10687, ATH 10935. RSI 44 bit off Neutral. Doing 13/21 day EMA Bear Cross. Top Bollinger Band 10728. Midpoint Line 10452. Bottom Band 10180.