Server Migration Notice
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 »
Market Briefly Pausing Ahead of Next Move in our Outlook
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 »
Market to See an inevitable 2nd leg Higher toward $630 After Today’s Pull-Back Ends
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 »
Oversold Rebound Likely to Continue through Early this Week Up to Mid-Line or Overbought Conditions
Samwise Quick Reference Handbook To streamline our daily blogs and conserve space, we’ve organized key resources into a convenient, collapsible
Administrative Updates: SW Mobile App Downtime & SMS Trade Notifications
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 »
QQQ Likely to Rebound at $600; But the Rally is Likely Over As Sell-off Extends to 5.4%
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 »
NASDAQ-100 (QQQ) Makes Second Push down to Oversold as it Tries to Fill the $610-$615 gap
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%.
Second leg Lower Likely To Follow After Oversold Bounce to Fill $610-Gap
QQQ reached oversold territory yesterday and is due to bounce. Should see a second leg lower after a near-term rebound.
Second leg Lower Likely To Follow After Oversold Bounce to Fill $610-Gap Read Post »
Segment Pull-Back underway with QQQ Having Pulled Back 2.45% From Its Highs
The most recent segment from $589 to $637 on the QQQ has ended with a 2.45% pull-back from peak to trough. The QQQ did not reach oversold or close to it. We should see a second leg lower in the segment to oversold.
Segment Pull-Back underway with QQQ Having Pulled Back 2.45% From Its Highs Read Post »
QQQ Rally Segment from $589 to $637 drawing to an End with 4-5% pull-Back Expected within Days
As a reminder, we’re at the end of the segment here. Originally our expectation was for the QQQ to peak somewhere between $640-$646. However, the current action suggests we may have already topped at $637.