Buy the Dip? The stock market just did THIS!One of my must trusted signals for false breakout opportunities just triggered in the stock market on both the Nasdaq NASDAQ:QQQ and S$P 500 AMEX:SPY . If you are a regular viewer of my content you have seen me talk about this setup before as it is one of my most trusted fundamental strategies of my trading. Win or lose THIS signal we got on the Russia/Ukraine FUD is going to go down as a textbook example I will use to teach the setup for months and years to come! I am super excited to share with my viewers in real time!
Stocks!
Bitcoin will continue to declineBitcoin broke the old support in the low $40k range and the new trend it had set creating a lower high which is highly likely to experience a new lower low in the short term. I expect to see BTC hit $30k in the next month or two. If we break $30k, see my note on that chart from a while back. We will likely head to the $20k support which is very thin. If all hell breaks loose we can see $12,000. I have bu orders all over this crazy train on the way down in other coins and tokens to take advantage of the future.
Crypto Gold Silver MArkets Crash Russia oil
PURE PRICE ACTION SERIESPOTENTAIL MOVES FOR COMING DAYS AS MARKET IS CONCERN ITS IS MOVING IN NARRO RANGE YOU CAN HEDGE YOUR POSITIONS & DONT GO FOR NAKED OPTIONS BUYING
As i have also suggested a stock which i am seeing as a potential for upside is IEX it has came in far oversold zone funda,entally very good stock upto 30% upside is possible
Weekly Levels - February 20, 2022 (Crypto, Stocks, Commodities)Crypto is open all week but stocks are closed for President's Day. Let's do our homework to see where the key levels are for Bitcoin BYBIT:BTCUSD , Ethereum BITFINEX:ETHUSD , the S&P 500 AMEX:SPY , Gold COMEX:GC1! , Oil NYMEX:CL1! and Apple stock NASDAQ:AAPL
"Facebook can't possibly go lower" ...right?Facebook NASDAQ:FB going lower was something many people did not expect on February 3rd, 2022 after the huge drop on earnings. I am afraid that many investors and traders did not pay heed to the words of one of my favorite investors Peter Lynch that "a stock can always go lower." Now price is grinding down those expecting a quick bounce. Let's look at this event as a teachable moment for price action as well as how to express options trades in high Implied Volatility using Vertical Debit Spreads.
The Market is Living on the Edge!A head and shoulders is either built right now on the S&P 500 weekly chart, or it is going to begin building the other shoulder now. Be watching for this new level to be the neckline and then $4500 being the next shoulder. The S&P is held up by the larger weighted stocks and many have sold off for quite some time. Some are down 20-40% already.
Stonk-Crypto Update (#7) : Deep Focus on AAPL & GOLDHere's your weekly update ! Brought to you each weekend with years of track-record history..
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Weekly Levels - February 13, 2022 (Crypto, Stocks, Commodities)Yet another interesting week is past of a very volatile time of the year. There are still lots of opportunities out there in these markets if you know where to find key Support and Resistance levels each week to find trading opportunities between them! In this video we look at the price action on Bitcoin BITFINEX:BTCUSD , Ethereum BITFINEX:ETHUSD , Bitcoin Market Dominance CRYPTOCAP:BTC.D , Bitcoin cross pairs with Ethereum BITFINEX:ETHBTCLONGS and Solano FTX:SOLBTC . We look at the stock market as a whole to see where I think the upcoming week is headed using the S&P 500 CME_MINI:ES1! , Nasdaq CME_MINI:NQ1! futures and the VIX TVC:VIX Volatility Index. Finally we look at Gold COMEX:GC1! and Oil NYMEX:CL1! the latter of which was a very good trade from Tuesday this week.
TSLA Stock Is set to EXPLODE Soon? | Must Watch Options/TAHi everyone, Technical Analysis can often be associated along with options strike analysis to help justify large moves in the markets. TSLA is currently coiling between a tight range and when it moves we have some great ideas of the next target prices.
Beware False Breakouts! How To Spot Them...Investors should use basic Technical Analysis for powerful decision making. I see it as a challenge to demonstrate how useful knowledge of one simple pattern can be to identify price reversals. Recognizing this pattern and acting on it will save much money and headache!
Both traders and investors need to be on guard for false breakout reversals. Seeing this pattern in action can provide an excellent profit target, entry point, or prevent major drawdown!
In this video I look at examples in the Silver ETF AMEX:SLV , Spotify stock NYSE:SPOT , and Forex Euro/Dollar pair FX:EURUSD for false breakouts and what follows.
I am excited to make this video for my viewers and for Best of Us Investing!
Is Ackman Right to Buy Netflix (NFLX)?Today we were discussing the purchases of Netflix NASDAQ:NFLX by Bill Ackman:
Ackman sent a letter to investors in his hedge fund saying he had bought more than 3.1 million shares of Netflix, the video streaming pioneer whose stock had seen such vast reversals in recent days that it had been trading at June 2018 levels.
At Netflix’s current price of about $390 per share, the purchase gives Ackman a stake worth more than $1 billion — and makes him one of Netflix’s top 20 shareholders.
That is a pretty bold buy from one of my favorite contrarian investors but do I like the trade? I'm going to use my own Technical Analysis to see before making a decision...
Weekly Levels - February 6, 2022 (Watch Bitcoin THIS WEEK!)This week Bitcoin BITFINEX:BTCUSD is at a key RESISTANCE LEVEL and you need to watch it! We take a look at the Bitcoin Market Dominance to see if Alt Season is underway. The S&P500 and Nasdaq Stock indexes and the VIX Volatility Index are all giving us signals that this recent correction is over! Oil continues its rise to 100.
Now is the time of year for volatility which equals OPPORTUNITY! Do not miss out!
The ONE price action trick you NEED to know!I want to show traders examples of a powerful phenomenon for trading price action. This quick price action happens on earnings, major news events, and other catalysts. It happens on stocks, cryptocurrency, futures, and anything that trades! This involves some candlestick analysis but is incredibly simple. Traders can use this to spot reversals and be contrarian to what the market may think right before they are wrong. This can also prevent you as a trader from taking big losses if you react quickly to this warning sign!
We look at 4 examples in this video:
-Amazon NASDAQ:AMZN earnings
-Facebook NASDAQ:FB earnings
-Bitcoin INDEX:BTCUSD
-S&P 500 Index Futures from FOMC meeting CME_MINI:ES1!
Everything that trades will have this happen. Once you see it you will not forget it!
How I Analyze the Market in 20 minutes.Because every time someone asks me what I think a coin will do requires more than a simple answer to properly explain my idea and my thinking.
This video took 20 minutes and I think I spoke quite fast to get enough information in here. My streams can be seen to get a better understanding.
I try to stream every weekday morning at 9:30 and every 1:30 (4HR change on stock market)
Check the related ideas below for "The right Schiff Pitchfork" if you want to take the Schiff pitchfork I use. It is a short 3 minute video where I set it up and shows the places, values and all that.
The S Pitchfork one from last year has the values that I used for this year.
GOOGLE Stock Split - Big opportunity!Today on earnings NASDAQ:GOOG announced an upcoming 20 to 1 stock split. This is a major news event with a history we can look back on. There are three instances from the last two years (TSLA, AAPL, NVDA) where tech stocks announced splits and then proceeded to FOMO rally. Trade with proper risk controls but look for opportunity NOW in Google!
I talked about this trade last year with Nvidia when that stock did a split. It is the same trade. Check link below:
Will The Stock Market Crash Again In February? Stats & TA!With January being so volatile what is in store for February? Will the markets continue to bull or crash again, here are the stats and some Big Resistance zones!
Has Robinhood (HOOD) Stock made a bottom?Maybe. Robinhood stock (HOOD) could have setup a bottom on the last earnings. The stock has been rallying today but the foundation for why this could be a bottom still presents a good reward risk trade. In this video I talk about the potential trading setup, why I like the potential, where it goes wrong and you need to stop out, and use HOOD as a teachable moment for why bagholding is a terrible strategy. "The stock can't go lower..." ranks among the most deadly sayings in trading and investing!