Category Archives for Sami Abusaad
Should We Trust the Monday Rally?
Sami explains why he is skeptical about Monday’s rally: Why he was surprised by the market’s rally Where Sami sees most of the overhead supply Why Monday’s gap could be a novice gap Why Sami wants to take profits on swing longs The big problem Sami sees with new swing longs
Continue Reading -->50% Market Drop Ahead?
The S&P 500 officially entered a bear market last week with SPY and QQQ both in a bear market as well. Now Sami is predicting a 50% drop in the market! That would mean a long downtrend is ahead. Find out both the bullish and bearish trades he’s targeting this week. In this video, Sami explains: -Why he’s predicting […]
Continue Reading -->Who Wins the Week – Bears or Bulls?
All three indices – QQQ, SPY, and IWM – had a great bullish pop on Thursday and it looked like the market would start heading up. But then TSLA and AAPL had drops on Friday that completely negated the prior day’s green bars. What sign will determine whether the bears or the bulls have won? In […]
Continue Reading -->Prepare for a Rally
The market rallied hard at the end of the day on Friday, leaving a big bottoming tail on the day’s candle. But does Sami think that that means we’ve hit the bottom? Find out what he’s watching to understand the market’s future direction, and what he’s expecting to see this week. In this video, Sami […]
Continue Reading -->What Sami’s Taking Long This Week
Sami has been trailing out of a lot of his short positions and adding on some long positions… but all of the long stocks have something in common. What do these moves say about his thoughts on the upcoming week? In this video, Sami explains: – Why he doesn’t have any shorts on this week’s […]
Continue Reading -->Thursday’s Bullish Bar
Sami’s been bearish since the market broke down on a buy setup, so he was surprised to see a bullish day on Thursday last week. What sign would change his sentiment to be bearish again, and how is that affecting his trades for this week? In this video, Sami explains: – The hallmarks of a […]
Continue Reading -->The Most Bearish Day
Last Thursday was what Sami said was probably the single most bearish day he’s ever seen. Every single big name started the day up, but then sold off. Should you expect to see a lot of selloffs this week, too? In this video, Sami explains: – Why timing is so difficult this week – Which […]
Continue Reading -->Selloff on the Horizon
Based on recent activity in SPY and QQQ, Sami says we’re looking at a prolonged selloff with an eventual probable recession, meaning a bearish sentiment for the near future. How should you plan to trade, especially this week? In this video, Sami explains: – How airlines will react to a recession – What is interesting […]
Continue Reading -->Watching for a Recession
The market popped last Monday when it triggered a buy setup, followed by a drop on Tuesday. But the 20 ma is still pointing up, making it much more difficult to tell where the market will go this week. Sami explains what he is watching this week and what needs to happen before we can […]
Continue Reading -->Signs of a Possible Pullback?
Fundamentally, there is no reason for the market to be rallying… but the bullishness is undeniable anyways. This week, Sami is watching for signs of a sell setup, which would be the catalyst to change his sentiment. What are the signs he’s looking for, and how likely is it for the market to pull back? […]
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