All posts by Sami Abusaad
Will QQQ Break the Uptrend?
The market has recently been bearish, but Friday’s movement made QQQ look like it could be close to breaking its uptrend. Find out what Sami predicts about the market in the upcoming days. In this video, Sami explains: – How the Fed is affecting market movement – Where to find a transition A in TZA – Why Sami decided to cover VXRT – What needs to happen in USO to trigger a buy setup – His two favorite stocks for this week
Continue Reading -->Today’s Powerful Bearish Setup in QQQ
QQQ had a setup in the market on Wednesday that resulted in a selloff. Sami often uses this setup in his own trading, and he can show you how you can apply it to your own strategies. In this video, Sami explains: – Why QDEL’s breakout failure is different from the one Sami trades – Which instruments you can apply the setup to – What should’ve been the top for QQQ – How to predict a market selloff – What a breakout with no follow-through looks like
Continue Reading -->Is the Market Bullish or Bearish?
The direction of the market ETFs sets the tone for all other plays. A few weeks ago, Sami thought the market had hit a top, but this week could see more bearish movement. In this video, Sami explains: – What the most likely situation is for QQQ – Where SPY, IWM and DIA have to go to be bullish – How many plays he’s taken in oil this year – Why you need to be careful with short plays – Where to find a sell setup in GLOP
Continue Reading -->How to Short the Market
Last week was an interesting week for the market. Sami ended up shorting QQQ even though it was the strongest ETF. Find out what he is looking forward to this week and how you can trade. In this video, Sami explains: – How to decide when to short a stock – Why he didn’t short the other indices – How last week’s runup was bullish – Where he sets a target when he goes against the trend – What oil could be preparing for this week
Continue Reading -->Trading After a Bearish Week
The market looked very bearish last week, but determining how to trade this week is difficult. Sami gives you his best ideas for the week ahead and predicts upcoming market movement. In this video, Sami explains: – Which tracking ETFs could have a pullback soon – What typically happens after the market makes a new high – How to identify an overbought stock – Why Friday was one of his best swing trading days – Which earning milestone he hit after only 5 months
Continue Reading -->Holding on to Highs
The market looks like an easy call for this week – at least, it looks easy as of the weekend. How should you prepare for the week, and what happens if Friday’s low doesn’t hold? In this video, Sami explains: Why he doesn’t think the week will be all-out bearish When the market might hit all-time highs How USO benefited all types of trades What he predicted for GLD Why he doesn’t usually play stocks like ATRA
Continue Reading -->How to Trade the Post-Holiday Market
After a long weekend, the market is opening with QQQ, SPY and IWM all bullish. Traders have different arguments on why the market should be lower or higher, but Sami knows exactly how to trade the market direction. In this video, Sami explains: – When a pullback might happen in QQQ – Where to set a target in SPY after a failed weekly sell setup – Why reasoning behind market direction doesn’t really matter – What he means when he is “bullish until proven otherwise” – Where to set an entry and stop in BGS
Continue Reading -->Bullish or Bearish?
When looking ahead to the potential future of the market, it’s hard to know if you should be bullish or bearish. Sami takes a look at market ETFs to decide his stance for this week. In this video, Sami explains: – How the QQQ, SPY and IWM look different – Which of the market ETFs are weakest – Where the weekly sell setup was triggered – What will happen if the QQQ buy setup fails – His suggestion for trading QQQ
Continue Reading -->How to Trade the Recent Rally
Despite the economic shutdown, the market has been rallying as of late. There are multiple reasons why this has happened, but Sami says that none of those reasons matter in trading. In this video, Sami explains: – What he thinks the future of the market looks like – Why the market has rallied so much – Which stocks aren’t affected by the shutdown – How the market could react to a reopening – Where he expects a short-term top to occur
Continue Reading -->My Top Bearish Pattern of All Time
Are you expecting a turndown in the market soon? You’ll want to be prepared with Sami Abusaad’s top bearish pattern for shorting stocks as they start a downtrend. In this video, Sami explains: – The stages of a stock’s basic unit – What could result from a sharp and abrupt stage 3 – How to find the best entry points for a stock – Which pattern occurs with a transition C – Where to buy and place a stop in a turndown
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