Options In Play – The Bearish Bias On SLV
Some people have asked why I am more bearish on SLV recently. I’m letting the chart do the talking.
Continue Reading -->Trading a Bullish Market This Week
The market has turned all-out bullish, although QQQ looked like it would fail on the buy setup. How does that affect Sami’s trading plan for this week? In this video, Sami explains: – The issues that he has with CLF – When CLVS will confirm a buy setup – Which media company he thinks looks […]
Continue Reading -->How We Capitalize On Option Expiration Pin Action
A daily NTLA below shows that on Tuesday, March 30, NTLA had a confluence of factors opening the door for higher prices. 1) NTLA broke out above a declining 3 point trendline, triggering what I call a Rule of 4 Breakout. Markets oftentimes play out in threes. You don’t see many quadruple tops or bottoms. The 4th […]
Continue Reading -->Icarus Of Risk
“Let’s get together and do it again” – The Beach Boys “To err is human, but to persevere in error is only the act of a fool.” – Cicero “That which is not yet, but ought to be, is more real than that which merely is.” – Zoe Lund While the NAZ topped SEVEN weeks ago in […]
Continue Reading -->Options In Play – Taking Cues From Tech
QQQ may not be anywhere near its 52 week high but there are plenty of big names that are. Improving action across many different Tech stocks may be a positive signal.
Continue Reading -->Options In Play – Riding The Health Care Wave
It’s not unusual to see a sector wake up in this market and many of the individual names within it move together. Health Care is showing signs of life, and there are a bunch of big names starting to breakout.
Continue Reading -->Precious Metal Stocks, Finally In a Position To Rally
Gold struck an all-time high in early August but reversed quickly below its record 2011 high with a massive Bull Trap. Consequently, precious metal mining stocks have been locked in a down trend channel depicted by GDXJ below. However, as flagged last week, early March, 7 months from the early August peak may have put the low […]
Continue Reading -->Ferrari with An Edsel Engine?
“And she’ll have fun fun fun ‘Til her daddy takes the T-bird away.” – The Beach Boys, Fun, Fun, Fun The first quarter has been a roller coaster. As with all roller coaster rides, some cars are still ratcheting up the slope while others are screaming lower. Such was the 1st quarter with the NAZ and the […]
Continue Reading -->TWLO: A Deep Dive Using My Unique Tools
TWLO is one of my 4 Horseman in the growth glamours that Hit & Run traffics in. The following daily for 2021 shows how valuable my 3 Day Chart method is for determining the trend and the Line of Least Resistance. In late January, TWLO turned its 3 Day Chart down hard. This occurs when […]
Continue Reading -->How To Dissect A Top In JMIA
All trading is contextual. Whatever tool you use to determine the trend or to gauge a setup does not exist in a vacuum. It is best to use several methods to arrive at the Line of Least Resistance. For me the four most valuable factors in pinpointing setups are: 1) My Swing Method, based on […]
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