DevilTrader168

DevilTrader168

Exit Template (Stage 2 - > Stage 3): (5/10) > Neutral > Bearish 1. Bearish Price Action: Engulfing Candle / Long Upper Wick / Long Dark Candle (1/1) 2. Price Gap Down and Unfill (1/1) 3. N-Sell Pattern or Sell Signal Triggered (0/1) 4. High Volume Pullback or Correction (1/1) 5. Price Below 30 MAs (0/1) 6. 10 day MA below 200 day MA (0/1) 7. Fully Priced...

DevilTrader168

The S&P 500 and the Nasdaq Composite bounced on Friday as Wall Street attempted to find its footing following a brutal week of selling. But all the major averages ended the week in the negative, with the S&P 500 posting its worst week since 2020. The Dow Jones Industrial Average slipped 38.29 points, or 0.13% to 29,888.78, while the S&P 500 gained 0.22% to close...

DevilTrader168

Learn to find the stocks with the best technical setup and see if they fit the criteria (8/8 full score). Of course these stocks should be in the top performing sectors and you should wait for short-term pullbacks to entry...

DevilTrader168

You always need to know which stage we are in right now and know exactly when to entry and exit by following robust trading signals. Things can turn around quickly and when investors are panic and forced selling their stocks, it might be a good time for you to accumulate at a very cheap price... You need to have a good trading psychology to beat the...

DevilTrader168

ARK's Wood sees global recession, blames market selloff on Fed hike plan. It would be scary to see massive drawdown on this hot ETF a couple years ago... The global economy is in recession and recent stock market volatility is a sign investors believe that the Federal Reserve's plan to continue hiking interest rates is too aggressive, star stock picker Cathie...

DevilTrader168

Sea Limited is slated to release its Q1 earnings card on May 17. Investors eagerly anticipate a reassuring card, given SE stock's massive 85% drop from its highs. We believe the market has been pricing in regional headwinds in Southeast Asia. The region has also been hampered by growth, inflation, and recession fears. Sea Limited's revenue and EPS estimates have...

DevilTrader168

Bitcoin Breaks Below $28.6K: Recording Its Lowest Level Since January 2021 Bitcoin’s price has now broken well below $30,000, touching down to $28,228 just moments ago. That’s Bitcoin’s cheapest price since January 4th, 2021, retracing some of the gains made in its early bull market. On Wednesday at 20:50 UST, Bitcoin’s price slipped from $29,000 to $28,228...

DevilTrader168

The S&P 500 declined 3.63% on Friday, its worst day since June 2020, and posted its fourth-straight negative week for the first time since September 2020. The Nasdaq also posted a fourth-straight week of losses, after falling 4.2% on Friday. Both indexes registered their lowest closing levels of the year. “This has become a classic trader’s market as spikes in...

DevilTrader168

WTI April crude (CL1:COM) +5.5% at $109.15/bbl, though it trades a bit below its morning high of $112.51, which was its highest level since May 2011, and May Brent (CO1:COM) +5.8% at $111.08/bbl, its best since June 2014. "Brent crude could surge to the $120 level if the oil market starts to think it is likely that sanctions will be placed on Russian energy" in...

DevilTrader168

There is a possibility of PTON's takeover. Peloton jumps 40% as suitors including Amazon, Nike circle company...

DevilTrader168

- Some things have been troubling me about the stock market lately. - Ah, where to begin? The S&P 500's technical image is deteriorating, for starters. - Next, the coronavirus continues to wreak havoc, and major economies could experience slowdowns again. - To complicate matters, the Fed is kicking off its taper program to be followed by rate hikes. - On top of...

DevilTrader168

1. Buy 25 or more top quality companies over time A well-diversified portfolio typically contains 25-30 company stocks, with the more stocks you own and the longer you hold them increasing your likelihood of making money. By picking your best quality stocks with stable growth with sound fundamentals, you can build a diversified wealth over time. 2. Hold those...

DevilTrader168

Long-Term Wealth Generation With Nasdaq Inc. " After covering CME and Cboe, it's time to look at another wealth-generating powerhouse: Nasdaq. The company has tremendous free cash flow capabilities thanks to a fantastic business model and high expected future growth. The stock isn't cheap, but I think it's still a good deal for dividend growth investors with a...

DevilTrader168

"Brian Withers (NET): Cloudflare stock has been on a tear this year, up over 75%. While its fundamentals have improved, there's lots of excitement priced into this stock. Its price-to-sales (P/S) ratio is reaching a high-altitude, cirrus-cloud level of 77. But if the market pulls back in October, this is one you'll want to add to your portfolio. Let's find out...

DevilTrader168

Stocks of Chinese companies tumbled in the U.S., posting the longest losing streak in more than two years, over the risks posed by a potentially widening regulatory crackdown in the nation’s technology industry. The Nasdaq Golden Dragon China Index plunged 8.5%, the steepest drop since March 2020, after officials in Beijing were said to consider forcing companies...

DevilTrader168

Despite gold prices hitting record highs early on Monday, disjointed real interest rates in the U.S. mean there is some vulnerability in the precious metal’s current price levels, according to Lombard Odier Private Bank. Spot gold touched an all-time high of $1,980 per ounce during Asian trading hours, as a flare up of diplomatic tensions between the U.S. and...

DevilTrader168

When the World Health Organization (WHO) says that a given anti-coronavirus product is a leader, that's about as official as it gets in the fast-moving world of COVID-19 therapies and vaccines. Earlier this year, a top WHO executive stated that Gilead Sciences' remdesivir was the leading therapy targeting COVID-19. Remdesivir, of course, has now become the de...

DevilTrader168

" This flash selling partly caused by explosion of ETFs in equities, commodities etc. Everybody has become a self made fund manager. In a bull market this is fine....they just buy n sit on it. The problem comes when an adverse situation develops. These amateurs don't have the experience to handle the falling market n thus panicked out of their ETFs all at once. I...