How TSLA Steered Us To A 20 Point Winner | Jeff Cooper
Jeff Cooper’s Daily Market Report In today’s lesson Jeff shows us a repeating 3 month cycle in stocks that you can take to the bank. He walks through a trade in TSLA for a 20 point gain using the weekly and daily charts.Get Jeff’s all-new home-study course Hit & Run Trading 2.0 for free when […]
Continue Reading -->Pivot Point Trading, Hit & Run Style
ADSK was a long day trade idea from last night’s report It triggered on an ORB at $125.99. Here’s how I’m playing it: I have a stop at $125.80 and I’m looking to sell at $127.75. I’m not swinging it… these are my day trade parameters. I’m looking at the overhead 20 day m.a. and the 50 period on the […]
Continue Reading -->The 3% Barrier: Why the Generational Bull Market in Bonds May Be Over
Some say 3% on the 10 year is not a big deal — that’s it’s still a historically low level. Reality: A generational bull market in bonds may be over. One pundit this morning proclaimed that it only matters to the Algo’s.Really?Below is a quarterly TNX encompassing the entire bear market in yields (bull market in bonds).From […]
Continue Reading -->Are Stocks Headed for 100% May-hem?
The bounce back following the SPX’ Monday turn down may have set the land-speed record for bear market rallies.The index satisfied a 3rd consecutive daily lower low late Monday, and rallied into an opening spike on Tuesday. It hit our key 2681 resistance level before Mr. Market pulled the plug.Let’s recap what I said yesterday when the […]
Continue Reading -->AAPL Is Pushing the Market Over the Edge
AAPL personifies the ills of the glamours that are dragging the SPX back to its 200 dma.Judging by AAPL’s chart, the 200 dma on the SPX is going to buckle. Why?1) AAPL is flirting with a rising trendline from 2016, which if broken, is a bad omen for the broad tape.2) Just below this trendline is […]
Continue Reading -->Why a Break of SPX 2644 Would Be a Problem
A daily SPX from this morning’s report shows the index was rejected from a mid-channel. This ties to the last major swing low – the August low that perpetuated the last leg up into January. 2647 is the mid-point between the August low and the January high. While we have crisscrossed that level several times, we are approaching […]
Continue Reading -->Is F.A.N.G.’s Venom Poisoning the Market
On February 21 we sent a note asking whether F.A.N.G. was losing its ‘F’ – Facebook (FB).In March, we showed this Square of 9 Chart on FB, suggesting a potential drop to $143.180 degrees down from the high is $168.180 up from the Feb $149 low is $173.The indication is a window of resistance between […]
Continue Reading -->Should Traders Just Get Out of Dodge?
The SPX is within a point of turning its 3 Day Chart down.It would be curious indeed if it did not satisfy a turn down — especially after testing our key 2681 pivot this morning.Acceleration following a turn down of the 3 Day Chart will come in tandem with a stab below the highs of […]
Continue Reading -->Yielding to a Chipwreck: Why Late April is Key for This Market
Semiconductor stocks capsized on Thursday after a warning from the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing (TSM).TSM cut its revenue target to the low end of forecasts because of weak smartphone demand. At the same time, oil broke out to new 4-year highs on Wednesday. TSM’s miss sunk AAPL and weighed heavily on the […]
Continue Reading -->Put the Pieces Together for a Winning R/S Trade | Jeff Cooper
Jeff Cooper’s Daily Market Report In this new video Jeff shows us how to use the 3 day chart to identify “meaningful” short-term changes in trend. Using the stock AAOI we learn how to put the pieces together for a winning relative strength trade. Jeff also discusses when it’s the right time to “average up” […]
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