The QQQ continues to trade in our uncertain range ($605-$615) and we should have a better sense of direction once the trades out of that range. We discuss the scenario as it stands.
First Non-Major Gap-Up Monday in a while Read Post »
Market gapped down big but quickly filed the morning gap. We sold see a return to the lows later in the session.
QQQ Makes New Low Extending Sell-off to 12-Sessions Read Post »
QQQ has begun a second leg lower, but it’s still unclear whether we’re in a correction or whether this is just a big set-up for what will later be a larger sell-off.
We are in the middle of upgrading the Sam Weiss website to a faster and more secure server, and during
Server Migration Notice Read Post »
Today was more of a transitionary session. We outline what comes next and how we’re going to capitalize on it. The market has two directions it can go in and both lead to very obvious decisions. We’re in a good spot right now.
Market Briefly Pausing Ahead of Next Move in our Outlook Read Post »
QQQ is merely pulling back a few points ahead of a second leg higher toward $630.
Market to See an inevitable 2nd leg Higher toward $630 After Today’s Pull-Back Ends Read Post »
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible
The SW Mobile App is under going maintenance and will see some downtime. As as a back-up, we’ll be sending trade notifications via SMS if it’s not back up by the time we put on our next trades.
Administrative Updates: SW Mobile App Downtime & SMS Trade Notifications Read Post »
The QQQ has pulled back 5.4% from its highs which will require a larger segment for the QQQ just to get back to the highs. That’s a huge indiction that the market has topped.
QQQ Likely to Rebound at $600; But the Rally is Likely Over As Sell-off Extends to 5.4% Read Post »
QQQ makes rare second push down to fill the $610-$615 gap as it reaches deeply oversold for a second time. The segment pull-back has reached our target -4%.