Stocks Shrug Off Higher Oil, Rates, Showing Early Rotation
Stocks doing a good job so far at shaking off higher oil prices and interest rates to kick off the week with a little rotation under the hood.
All Intermarket Signals Flip to Risk‑On Offense
Every intermarket signal just flipped to offense. Beta rotation. Treasury rotation. Lumber/Gold. 200-day MA. Four-for-four Risk-On. First time in months. The tape is screaming. Most won't hear it until it's too late. https://t.co/nXkY0soua2
Add After Strong Earnings: Market Underprices Rerates
Whenever there's a very strong move on earnings, I always check it out and almost always add / buy. From experience I know that the market generally doesn't price strong news properly. At best, most often the share price will only reflect...
Covered Call Strategy Spotlight: Intel and Micron
Last Friday, I joined @CNBCClosingBell with @TheJudgeCNBC to detail our covered call strategy with Intel $INTC and Micron $MU. ➡️Link: https://t.co/B23bvI94Ku @cwp_advisor https://t.co/uFDU4GsAY0
Discretionary vs Staples Gap Narrows, Yet Bullish Outlook
$RSPD vs $RSPS - I know we only like to look at Ratio charts that confirm our bias...BUT....equal weight discretionary vs. staples not painting as rosy a picture. *I'm still bullish... https://t.co/elZHZy7fHk
AMD Overbought Yet Holding Long Position, Watching Gap
$AMD showing indecision so far today. At overbought and extended. First level below I am watching is the gap. I am still nicely long on this name from under $100 buy in the let it ride account.
SPY Eyes $55k, Calls Surge Amid 1999 Vibes
S&P $SPY 55,000 Sep. 30th (Q) $825 calls buying 3.89 to 3.95 into record highs Partying like its 1999
MELI at 2022 Lows, 49% Revenue Surge Fuels Upside
Big spot for $MELI today... testing the VWAP from the 2022 lows... down -40% from the highs... trading at it's lowest ebitda multiple since the 2008/2009 GFC lows... company is seeing some margin compression because their credit portfolio is growing...
Semis Gap Up Defies Classic Reversal Pattern
Monday morning gap up in semis after a prior vertical move would be a textbook reversal/rug-pull spot, but to be fair, this market has defied the "Textbook" for a while now. $SMH -
Six‑Week Gain Hits Unprecedented 30.5%, Surpassing 25% Benchmark
via @SPDJIndices: "Across both live and hypothetical history, the index has never clocked a six-week performance as large as the current +30.5%. In fact, prior to last year, it never rose more than 25% over a 6-week period."...
Silver Returns to Daily Uptrend with Higher Highs
silver (right) is back in a short-term/daily uptrend with higher highs and higher lows on the chart... https://t.co/6dR69hG8lT
Let‑It‑Ride Stops on MU, QCOM, AMD, WDC
Hello stock fans. Some green, some red to start the week. Raising let it ride stops on $MU $QCOM $AMD and $WDC no changes so far on any other holdings.
JZXN Shows 5x Float Rotation, Eyeing $1.7‑$2+ Entry
$JZXN already has over 5x float rotation this morning, making it a top watch going into open on my end. As long as this maintains support over VWAP, I'll look for entry opportunities after the bell. Range back to pm highs ($1.7)...
S&P 500 Daily & Weekly Tick Up, Overbought Yet Bullish
here's the S&P 500 $SPX twice w/ #MACDhist the daily turned back upwards last week and both are ticking up... a reminder that i like to lean in the direction of those ticks... left: daily right: weekly both daily/weekly are RSI(5) overbought...
Odysight AI Secures Navy Deal, Eyes Breakout
$ODYS - "Odysight.ai Signs CRADA With U.S. Navy to Advance AI-Driven Visual Sensing Supporting Condition-Based Maintenance Operations" Over 300x relative volume today (yes, you read that right) so definitely worth a watch going into the bell. If this can break over...
Will SPY Absorb Gains or Trigger Pullback?
We’ll see if $spy digests higher or do they shake it up A bit https://t.co/9zblCidFIM
Sell‑in‑May Myth: Returns Stay Positive Through October
"Sell in May and Go Away" Has this been a good rule of thumb for investors to follow? Not at all. May-October returns are still positive on average (+7% annualized) with stocks higher 72% of the time. https://t.co/ubZagvMw91
Week 6 Rally: Hold Long, Tighten Risk at $730
WEEK 6 OF A RALLY – TIME TO ADJUST The market has been in a strong uptrend for ~6 consecutive weeks. $SPX reclaimed and held above the 8 and 21-day moving averages, which is a key signal to stay long and...
Seeking Trade Ideas, Intel Short at 134 Suggested
GM Traders, hope everyone had a great Mother's Day. Looking for some trade ideas today....what do you got? $INTC SHORT 134 maybe a shot? or am I Crazy?
Costless Collars Thrive When Spot and Vol Rise
Great stuff. Stock replacement trades in a vol up spot up don't work. But costless collars are extremely attractive
Today's S&P 500 Generational
Odds that today is the generational top for SPX? How close to zero can you get.
S&P Call Skew Hits 99th Percentile, Nets Forced Upside
Interesting stats from GS: - S&P call skew is the most extreme since “Liberation Day” last year — in the 99th percentile on a two-year lookback - Brian Garrett wrote: “Those who refused to increase nets at any point in the last...
S&P 500 Hits Fresh All‑Time High, Bull Market Confirmed
🟢 8 of 8 Bullish 🟢 Regime: Confirmed Bull Market The S&P 500 just closed at another fresh all-time high. Momentum is strengthening again. Risk appetite pushed back toward the highs. Internals and global participation both improved again this week. New weekly update is live. No...
Mixed Markets Ahead as SPY Hovers Near 735
Mixed markets to start the week. $spx futs-7 After another ATH last week as the $spy hits 738+ to manage. We’ll see if we holds $735ish Or the 8day. Lots of specific names to manage. https://t.co/bDJdiz4TiD
Upward Bitcoin Trend Persists Despite Small CME Gap Corrections
There's still a small CME gap beneath us, so it's not surprising that we're seeing some corrections in the markets for #Bitcoin. Other than that, the trend remains upward. The 21-MA is below the current price; there's still a lot of momentum,...
Investors Chase Hot Assets, Sparking Sequential Market Rallies
And true to form again, everyone searched and bought $MSTR, $GOLD ripped, then they searched and bought $GOLD, now $NDX rips https://t.co/tQrjYbGc0y
Semiconductor Index Hits Best Six‑Week Run Since 2000
The PHLX Semiconductor index just notched its best six-week performance since the period ending **March 10, 2000**
SPY Volatility Cheap, but Runup May Stall
$SPY IV Rank is at 26%. Vol is cheap as we've reached new ATHs and tensions have de-escalated. The tape is extended, but fading a runup this strong isn't for the faint of heart. Let's see how Monday opens and...
BP Near Multi-Year Highs with Consistent Higher Lows
BP weekly: not far from multi year highs. Steady pattern of higher lows and well behaved channel. https://t.co/TNDXLDNhkL
Nat Gas Shows Higher Low, Inverted H&S Forming
Nat gas - what do we have here: First higher low on the dailies and potential for an inverted head and shoulders. Rumor is that folks going to be running those ACs full blast in the midwest the...
Corn Rebounds; Post‑flush Rally May Become Sustainable
Corn start of another daily swing up after a long liquidation flush. After these flushes a more sustainable rally can take hold. https://t.co/gUHutZKqay
SOX Surges 60% Above 200‑Day MA, Unseen Since 2000
The SOX is also now 60% above its 200-day moving average. That’s a level that hasn’t been hit since March 2000 and July 1995--@bespokeinvest https://t.co/yQkWEhswb2
Market Near Blow‑Off Top as Investors Go All‑In
Learnings and conclusions from this week’s charts: 1. The equal-weighted S&P500 has stalled at resistance. 2. (and the cap-weighted is back to outperforming equal-weighted) 3. We are potentially in the blow-off top phase of the market cycle. 4. Investors are all-in on stocks (and...
SPY and Bitcoin Rebound Similarly After March 2020 Crash
Look at SPY & Bitcoin charts in March 2020 & then look at what they did after Before you argue with me there's your answer to what's about to happen next....and then 👇🏾
Aggressive Dip Buying Signals Bullish Bitcoin Momentum
Every small #Bitcoin dip is being bought back aggressively. Is that bullish or bearish? https://t.co/CaucFmLkMt
Nasdaq Leads Risk Appetite Surge, Headlines Irrelevant
My article looking out over market conditions and top events for the week ahead: Nasdaq Leads Incredible Risk Appetite Charge and Headlines Make the ‘Why’ Irrelevant https://t.co/JdJ7yi3rmb https://t.co/SzIdZNf4CT
50‑Month EMA Losing Support, Dampening Bitcoin Rallies
In today’s episode, we discuss how the 50-Month EMA may be a source of weakening support, producing lesser rallies over time. The 50 EMA is a confluent support with the old 2024 ATH area which may be weakening over time. 🚀Follow...
S&P 500 Hits New ATH Amid Overbought Momentum
#SP500 small Up Candle and New ATH 7401. Support 7174, 7046, 6790. RSI 73.5 Overbought but not silly. Up Candle on Weekly. Top Bollinger Band 7428. Midpoint Line 7244. Bottom Band 7066.
Dow Near All‑Time High, Doji Signals Cautious Bullishness
#DOW doji Candle up near ATH 50512. Support 48708, 48000, 46978. RSI 61 not high. 13/21 day EMAs Bullish. Doji on Weekly and Sideways. Top Bollinger Band 50014. Midpoint Line 49367. Bottom Band 48725.
S&P Climbs 7% While Most Large Caps Lag
The S&P 500 is up almost 7% in the last three months. Just 29% of large cap stocks are up at least 5% and 43% are down more than -5% during the same period.
Nasdaq 100 Hits Rare 14% Surge Above 10‑Week Average
Nasdaq 100 is now over 14% above its 10-week moving average. This hasn't happened in quite a while, not since Nov. '22, Nov. '01, March '00, Nov. '99, Nov. '98, Jan. '92, Feb. '91 The proverbial rubber band is stretched. Only...
Gold Holds Support, Poised for Range Breakout
Gold Price Forecast: XAU/USD Defends Key Support- Range Breakout Ahead https://t.co/YRJlERclMP $XAUUSD Weekly Chart https://t.co/SDW7ocoF3m
Bitcoin’s 2025 Price Peak Validates Historical Pattern
#BTC "If Bitcoin repeats history then price may top out between mid-September 2025 and mid-October 2025" In the end, Bitcoin topped in early October 2025 History has successfully repeated itself $BTC #Crypto #Bitcoin
Bitcoin Poised for $90k Breakout if Resistance Falls
#Bitcoin Still holding bullish structure. If it can breakout of resistance then it can run to $90,000 quick https://t.co/YFDUlyW5ZF
QQQ's Unsustainable
Insane, unsustainable move, but also very difficult to know where it will stop. $QQQ @marketsurge #IBDPartner Day 24 sweet spot, and now over upper BB https://t.co/zc1quQel0R
QQQ Surges Above 200‑Week MA, Targets 786
$QQQ - Closed the week above the yearly R1(700). The yearly R2 is 786. It's now more than 58% above its 200 week MA, for the 1st time since 2020-2021. I'm looking for it to do what it did at...
Tesla Near $499 ATH, Then Likely 30% Dip
$TSLA - Closed the week above the 20 week MA and confirmed that it made an intermediate term low in early April. The next upside target is the ATH at 499. It's likely to do what it does every year,...
Nvidia Poised to Break Yearly Resistance at 237
$NVDA - After last week's bearish engulfing candle we had an outside bullish reversal candle and made a new ATH this week. That keeps Nvidia on track to reaching the 1st yearly resistance at 237 before it makes its next...
MSFT Needs Weekly Close Above 20‑Week MA for Upside
$MSFT - Still below the 20 week MA. Until it closes above the 20 week MA we can't say with certainty that it made an intermediate term low in March. A weekly close above the 20 week MA will confirm...
Pick One Trading Style: Breakouts or Reversals
There are only 2 ways to trade 1. Breakouts (Momentum) This has made me most my money over the last 9 years. You go against the common beleif of buying at supoprt and selling at resitance. Breakouts: Long Resistance and Short Support I wrote a...