313$ on the QQQ has acted as resistance many times in the last year and has proved to be a fickle mistress to stay elevated passed. The similarities between now and the middle of August last year are strikingly similar and we can see that 313 when re-tested was broken. If the NASDAQ wants to stay elevated and potentially have another leg higher from where we are...
Reaching the top of the volume shelf profile and weekly expected move. VIX 2hr and 4hr changing momentum on MACD to bullish for VIX while QQQ is turning to negative momentum. 320 on QQQ seems to be a resistance level that will hold. Expecting a pull back in preparation for the March CPI print with a large rally a few days before as we have seen at the previous CPI...
TSLA has been lackluster while the broader market is finally catching a bid. The momentum behind TSLA is gone. Volume is drying up. The Market maker has already bought an un-holy amount of shares in the previous gamma squeezes. TSLA will only see a bounce if there is a huge resurgence of volume and with the uncertainty of the FOMC meeting coming, I do not see that...
MACD bullish cross-over on the weekly. Seems like SND found its feet and could go for a good run
The company is very inflation-proof and could run with rate raises
. NASDAQ:SND
-Just my opinion, not advice.
Geopolitical Outlook
There is huge fear surrounding Russian investment and you often see investors holding tight stop losses leading to a very new reactive market. Putin is no stranger to the political chess game. The Russian economy has taken a slight pullback recently with the tensions in Ukraine and the emergence of the ... bug variant that recently emerged....
