TSLA Motors Ahead & Powers Other EVs to Highs
How high can a junk rated trillion dollar company go? That's a question nobody has answers to. However, as Congress weighs the next spending package and TSLA opens up their EV charging stations to its competitors, it's lifting the entire industry. (TXRH, DDD, FCEL, BB, RIVN)..
Bad News for the Bears?
The Great Gamma Squeeze is BACK! -- —Gamma Squeeze! —Tesla IV Skew and why I sold calls! —watch NVDA skew —SP500 -AAPL nor AMZN tanking can take down this market! -Bond volume, why the massive movement of capital? -Enter the FED! It’s taper time! -Premium sellers rejoice for SKEW is prevalent SPX Expected Move --last…
Candlestick Patterns 101: Meeting Lines (Bullish)
What do you think of when you look at the opening gap and rally today in Apple Inc (NASDAQ: AAPL)? My first thought was Meeting Lines. If you said something different, you of course would be wrong! All kidding aside, the pattern today was really interesting and instructive as a bullish reversal pattern. Let’s take…
Options Market Finds EVs as Infrastructure Vote Looms
The last few days has been a feeding frenzy in the options market as a potential infrastructure vote appeared to be close. It’s not hard to work downstream from this spending behemoth to identify who might be a beneficiary of the passage of the policy. Clearly the options market on Thursday decided to pull the…
Amazon (AMZN), US GDP miss - Your Guide for Friday and Beyond
We're currently seeing Apple (AAPL) and Amazon (AMZN) sell-off post market just as they announced earnings. These stocks will clearly be in focus as we begin trading Friday morning. In tonight's video, we discuss these stocks, the levels we're watching, and then raise the perspective to the higher frame for stocks, Oil, Bonds, and Gold…
Bonds Came Back to Life and Sparked Selling!
A big move up in bonds today took the wind out of the sails of the financials. There's also some important earnings announcements coming out...
Candlestick Patterns 101: Belt Hold (Bullish)
Sometimes the price can quickly reach an extreme after an opening gap lower. With Bullish Belt Hold patterns, the bears are quickly exhausted, and the price begins to advance to close near the high of the period. The ability to stage a significant intraday reversal higher is a strong tell that the bulls are now…
Candlestick Patterns 101: Rising Window
Since we’re in the midst of earnings season, many companies announce either after the market closes or before the market opens. As a result, the opening price may be disconnected from the rest of the chart. The failure to overlap trading ranges is called a gap or window. Window’s can give you an indication of…
Earnings Galore: Tech Stocks in Focus All Week
This week has the potential to be a volatile week with earnings reporting in major market cap names such as Amazon (AMZN), Alphabet (GOOGL), Apple (AAPL) later in the week and Microsoft (MSFT) today at the closing bell. Know your expected moves and how they can translate into opportunities before and after (on an intraday…
It's the TSLA and FB Show, but Who is Supporting?
TSLA is the first Junk rated $1T company. FB falls behind TSLA as they are set to announce earnings. DIS shows that it may be part of the cast as it tests support. DDD, MQ, CLF and ATVI audition for supporting roles based on UOA.