S&P Levels to Watch, and GLD On Deck
Stocks continue the rally off the 200 day MA today. In this video newsletter update we look at what key levels in the S&P you need to keep a close eye on. A major battle between bulls and bears is pending at this key level, and the winner will tell us what kind of market…
Stocks Rally Despite Chinese Trade Action
China Issues $50 Billion In Tariffs & Stocks Rally?!? The stock market had a terrible morning because China announced $50 billion in tariffs per year which effect 106 U.S. products including soybeans, whiskey, cars, and chemicals. This 25% tariff comes on the heels of Trump’s list of Chinese imports which he wants to target to…
Strong Manufacturing ISM Report Signals Stocks Should Rebound
Solid Manufacturing ISM Report The ISM manufacturing report for March was solid as the PMI was 59.3 which is 1.5 points below February’s result and 0.9 point above the 12 month average. The table below gives you a summary of the data. As you can see, the growth mostly slowed down. The orange boxes highlight…
The Market Bounce is an Opportunity, Here are a few Trades
Stocks overdue for a bounce get a relief rally today. In this video newsletter update we look at what key levels that have been working so you can watch them over the next few trading days. Watch this video now for a few trading opportunities that you won't want to miss out on... Learn how…
A Yield Curve Inversion In September?
Stocks Rally On Tuesday The S&P 500 was up 1.26% on Tuesday. The VIX was down 10.67% to 21.10 which is still relatively high. Every sector was up. The best ones were energy and healthcare which increased 2.14% and 1.52% respectively. Some traders have expressed hope that another sector such as the financials will take the…
Tesla Misses Production Guidance & Spotify Lists Shares
TSLA Misses Estimates & Stock Soars Tesla stock had been cratering in the past few weeks because of fears the firm would need to raise capital, that Elon Musk was an aloof CEO, and that the firm would miss Model 3 production expectations. Tesla’s guidance was for a production run rate of 2,500 per week.…
Creating a Framework for the Next Big Move
Stocks take everyone for ride again today. In this video newsletter update we look at what key levels have been holding and what to expect the rest of the week and how you should prepare yourself. Watch this video now so you don't miss out on all of the opportunities in this active market... Learn…
S&P 500 Matches February Closing Low With Monday Decline
Big Selloff On Monday There was a sharp decline on Monday in which the S&P 500 fell 2.23% and the Nasdaq fell 2.74%. The VIX was up 18.28% to 23.62. The S&P 500 fell to 2,554 in the afternoon before rallying a bit near the end of the trading session. It closed about 1 point above the February…
Tesla & Amazon Face Headline Risks
TSLA Has A Terrible Weekend There are many acronyms to describe the large momentum tech names. One of those is TFAANG. That one includes AMZN and TSLA. While there weren’t any earnings reports during the holiday weekend, there were prominent tweets from Elon Musk and President Trump which affected stocks. Tesla’s CEO jokingly tweeted that…
The Market Beatings Shall Continue
Stocks take a beating as strong selling grips the market. In this video newsletter update we look at what to expect the rest of the week and how you should prepare yourself. Watch this video now because the market action this week may rip your trading account apart if you're not prepared... Learn how to…