This coming week will be busier and there are a few larger cap companies scheduled to report. Highlights will be NKE and COST.
Continue Reading -->
QQQ are close to breaking a significant monthly uptrend and a decisive move lower could change the complexion of trades for the remainder of the year.
Continue Reading -->
GLD and SLV have been quiet for a few weeks but that may be about to change. Both are showing encouraging action and could be close to turning the corner for a run.
Continue Reading -->In this video, Scott Redler discusses: What signaled Apple’s downturn off the highs How he mixes day and swing trading tactics on a stock like Apple (AAPL) How he spotted a reversal in the stock What made him think Apple would pop How he manages risk in ongoing active trades As of 9/21/2020 at 5:08 p.m ET, Scott Redler held the following positions: Long: AAPL, CMLFU, DKNG, FB, IPOB, IPOC, KCAC, LCA, MBIO, SOAC, SPAQ, AAL 9/25 $14 calls, NIO 10/16 $21 calls, NIO 11/20 $30 calls, SNAP 9/24 $24.50 calls, SNAP 10/16 $27 calls, SONO 10/16 $15 calls, TSLA 10/30 $500 calls, VXX 10/16 $40 calls, VXX 11/20 $30 alls Short: SPY, NIO 10/16 $25 calls, TSLA 10/30 $600 calls, VXX 10/16 $50 calls, VXX 11/20 $34 calls
Continue Reading -->
QQQ has been bearish since it topped out, but the pattern isn’t very tight. Find out what will signal the monthly chart dropping to the 20 MA and where you can expect the market to go next. In this video, Sami explains: – How you can predict whether the market will gap up or down – Which upcoming events could sway the market direction – What data he relies on to determine where the market is going – Why he doesn’t think it’s a good idea to buy gold right now – What he likes best about small-cap stocks
Continue Reading -->
I try hard to respect stops on swing trades and there are instances where that works against me. I don’t mind revisiting a name if it sets up well for a trade again but I have important rules regarding risk.
Continue Reading -->
There are different strategies for different setups and all sorts of different contracts to choose from. When it comes to news-driven intraday trades, I focus on very short term contracts and my style shifts to speed.
Continue Reading -->
It’s a light week of scheduled news with only a couple of big names on the calendar. ADBE and FDX will be the highlights of the week.
Continue Reading -->In this video, Scott Redler discusses: How ordering a Peloton (PTON) bike got him interested in the stock Why he ordered the bike in the first place What he’s watching in Peloton stock now The technical analysis techniques he used to analyze the stock How he uses a Tier System to manage trades As of 9/14/2020 at 1:52 p.m ET, Scott Redler held the following positions: Long: BAC, CMLFU, DKNG, HCCH, IPOB, KCAC, MBIO, NIO, NKLA, SNAP, SPAQ, WMT, AAL 9/18 $14 calls, AAPL 9/18 $107.50 calls, JETS 9/18 $18.50 calls, SNAP 9/25 $24.50 calls, SNAP 10/16 $27 calls, VXX 10/16 $40 calls, VXX 11/20 $30 calls, WORK 9/18 $31 calls, ZI 9/18 $40 calls Short: SPY, AMZN 9/18 $2990 puts, QQQ 9/18 $279 calls, QQQ 9/18 $280 calls, QQQ 9/18 $281 calls, SPY 9/18 $338 calls, SPY 9/18 $339 calls, VXX 10/16 $50 calls, 11/20 $34 calls, WORK 9/18 $34 calls
Continue Reading -->
When the trend breaks, volatility rises. Once the volatility cools down, we start to get a better idea of relative strength and weakness, and we get some solid trade-able patterns.
Continue Reading -->