From the Desk of Kimmy Sokoloff
We’re seeing a nice pullback in the indices this morning, which is actually healthy after the two-day rally we just had.
For today, I’m watching $SPY support at 372 and $QQQ support at 277.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
We’re seeing a nice pullback in the indices this morning, which is actually healthy after the two-day rally we just had.
For today, I’m watching $SPY support at 372 and $QQQ support at 277.
by Ian Culley
From the Desk of Ian Culley @IanCulley
The US dollar has been under pressure for the past five days, and investors are dancing in the streets.
I get it. A weaker dollar sits at the top of every stock market bull’s wish list. When the dollar goes down, stocks tend to go up. But don’t forget – betting against the dollar has only brought pain this year.
So, instead of joining the celebrations, I nailed down a clear-cut strategy for selling dollar weakness.
Spoiler Alert: Early sell signals are already starting to fire!
by David
From the Desk of Kimmy Sokoloff
The market continued to rally all day. It was nice to see.
Now, hopefully we do get follow through.
by JC
I thought last night’s call went well.
Sorry it went a little long and had 200 charts.
I get carried away sometimes 😉
But I tried to hit on the most important points.
ASC Premium Members can watch the replay here and download the slides.
And speaking of important points, isn’t this the exact point in time to be buying stocks?
From a seasonal perspective, the time is now: [Read more…]
by JC
From a seasonality standpoint, this is where you buy stocks.
Sentiment is near wash out levels. Who was left to sell?
Today on BNN Bloomberg I was asked about why we were buying stocks.
I think it adds some value to talk about the risk management procedures as well. And also which stocks we want to be buying.
Here’s the full clip:
by David
From the Desk of Kimmy Sokoloff
What a big bounce this morning. Unfortunately, I didn’t hold the $SPY overnight, which was a bad miss.
I’ve been looking for this 373 zone since last week, and we might just get there today. The exact level is 373.44.
by JC
This is the video recording of our October 3rd Monthly Charts Live Strategy Session
From the desk of Steve Strazza @Sstrazza.
Welcome back to Under the Hood, where we’re covering all the action for the week ended September 30, 2022. This report is published bi-weekly and rotated with The Minor Leaguers.
What we do here is analyze the most popular stocks during the week and find opportunities to either join in and ride these momentum names higher, or fade the crowd and bet against them.
We use a variety of sources to generate the list of most popular names.
There are so many new data sources available that all we need to do is organize and curate them in a way that shows us exactly what we want: a list of stocks that are seeing an unusual increase in investor interest.
Watch this video for a behind-the-scenes look at our process.
Whether we’re measuring increasing interest based on large institutional purchases, unusual options activity, or simply our proprietary lists of trending tickers, there’s a lot of overlap.