JS_TechTrading

JS_TechTrading

Watchlist Update All stocks on our watchlists meet the hard selection criteria according to Mark Minervini's Trend-Template and William o' Neil's CAN SLIM methodology. Hereis the link to the updated watchlist: www.tradingview.com

JS_TechTrading

Stock Market Extends Losses Ahead Of Jobs Report - Tech Giants Continue To Struggle The stock market ended lower ahead of Friday's jobs report, as the major stock indexes continued to fall after Wednesday's Fed-fueled sell-off. Tech titans continue to suffer severe losses. Jobs Report, Treasury Yields Friday's jobs report is already predicted to be the...

JS_TechTrading

“Hope is bogus emotion that only costs you money.” - Jim Cramer Meaning : Never base your trades on hope. Instead, they should be well-informed based on the information and analysis you have at hand.

JS_TechTrading

The stock market is currently characterized by institutional selling - consecutive down days under high volume. Not a good signal at all. Just take a look at yesterdays' heatmap for the NASDAQ which tells the full story. We have advised our clients to stay disciplined and stay on the sideline for now, there is no reason whatsoever to increase exposure or risk in...

JS_TechTrading

“All you need is one pattern to make a living.” - Linda Raschke Meaning : The simplest patterns often reap the best rewards. If you can learn to use them you can make a living from trading.

JS_TechTrading

JS-Masterclass #7: Confirmations & Violations In previous tutorials, we have covered the stock selection process and the identification of low risk, high probability entry point following constructive consolidation patterns. Now that we are in the trade, the question comes up what to look for. What makes the price action healthy so that you rather stay in the...

JS_TechTrading

“It’s ok to be wrong; it’s unforgivable to stay wrong.” - Martin Zweig Meaning : A clever quote to remind you to learn from your mistakes.

JS_TechTrading

General Stock Market Update Stock Market Fades Ahead Of Fed Decision On the eve of a Fed decision and perhaps new guidance on interest rates, the stock market was cautious on Tuesday as expected. The indexes closed lower after erasing early gains. The Nasdaq composite, which jumped 1.5% at the open, closed 0.9% lower. The S&P 500 fell 0.4% and the Dow Jones...

JS_TechTrading

“The four most dangerous words in investing are: This time it's different.” - Sir John Templeton Meaning : It’s only ever different if you learned from your mistakes last time!

JS_TechTrading

Stock Market Slightly Pulls Back Ahead Of Fed Meeting The stock market took a step back Monday ahead of the start of the two-day Federal Reserve meeting. But it wasn't such a bad session for the bulls because it was an orderly decline for the stock indexes, and volume wasn't overwhelming to the downside. Sentiment was negative in the stock market as the U.S....

JS_TechTrading

The Perfect Buy Point A Perfect Buy Point represents the completion of a stock’s consolidation and the potential start of its next advance. After a base pattern has been established, the Perfect Buy Point is where the stock establishes a price level that will act as the trigger to enter a trade. When a stock’s price level moves through the Perfect Buy Point,...

JS_TechTrading

“There is a huge difference between a good trade and good trading.” - Steve Burns Meaning : Anyone can make a good trade, but not everyone can be a consistently good trader.

JS_TechTrading

General Market Update The stock market uptrend continues to show strength and shrugged off Big Tech losses. The stock market made a show of strength by surging despite disappointing Big Tech earnings reports. But it is still too early for investors to be getting excited, with another Federal Reserve meeting rapidly approaching. The Nasdaq composite turned in a...

JS_TechTrading

General Market Update Stock market uptrend continues to show strength and shrugged off Big Tech losses. The stock market made a show of strength by surging despite disappointing Big Tech earnings reports. But it is still too early for investors to be getting excited, with another Federal Reserve meeting rapidly approaching. The Nasdaq composite turned in a 2.9%...

JS_TechTrading

JS-Masterclass #4: The Volatility Contraction Pattern The Volatility Contraction Pattern (VCP) is a vital concept for successful traders and a key element in our JS-TechTrading strategy. In this tutorial, we will cover the following: 1. Why is it important? 2. The ‘Overhead Supply’ Concept 3. How to identify a VCP? 4. The Perfect Entry Point 1. Why is it...

JS_TechTrading

“Buy things that are going up. Sell things that are going down. And when they stop, get out!” - Rob Smith Meaning : Buying when low and selling when high is not enough. You also need to know the direction the instrument will move in.

JS_TechTrading

One of the stocks on our watchlist - McGrath RentCorp (MGRC) - acts like a monster today. We have openend a position and are up > 10% for the day.

JS_TechTrading

“Don’t blindly follow someone, follow market and try to hear what it is telling you.” - Jaymin Shah Meaning : Never follow people’s advice without doing your own research. Your own research is always more valuable.