A market correction is now underway. With the indices deeply oversold and many indicators already flashing extremes, we should see a rebound of some kind ahead of another leg lower.
NASDAQ-100 (QQQ) now in a Full-Blown correction Down 5.5% Read Post »
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Trade Alert: Trade Executed in Baratheon Portfolio Read Post »
Markets reach extremely oversold territory and set to see a substantial bounce as early as tomorrow Thursday Dec 19.
Trades executed across all four long-term portfolios.
Trade Alert: Trades Executed in Samwise Portfolios Read Post »
Brand-based selling going on across the NYSE as breadth weakens in the stock market going into the fed. You’d never know this looking at the SPY/QQQ.
$NYMO oversold despite QQQ/SPY holding up ahead of the Fed Read Post »
While the Dow & Nvidia are showing signs of a bottom, the NASDAQ-100 is doing the exact opposite. The risk remains high to put on near-term trades until the QQQ pulls back.
QQQ extends it rally to 8.8% which is now in-line with the typical range of 8-10% for these types of rallies. But the Dow & Nvidia continue to decouple.
QQQ & Dow Continue to diverge as QQQ Rally extends to 8.8% Read Post »
Dec 15, 2024 weekly round-up updates our short & intermediate-term expectations for the NASDAQ-100 & Nvidia.
Weekly Roundup: A Near-Term Pullback Coming in the Next 1-10 Trading Days Read Post »
Sam Weiss gearing up to take on the $5,000 to $1,000,000 challenge in a more realistic and achievable way than how it is typically done.
STICKY: The $5K to $1,000,000 Challenge Read Post »
Today’s reversal on the QQQ further adds to the weight of evidence that a pull-back of 3-4% is imminent for tech stocks.
market risk & probability for a Near-Term sell-off next week reaches a high point Read Post »
NASDAQ-100 (QQQ) trading action highly supports our Current Outlook which calls for the QQQ to sustain a 3-4% pull-back after reaching a $530 peak. Nvidia (NVDA) in danger of briefly losing the $130 level on the next pull-back.
NASDAQ-100 (QQQ) continues its course Toward a 3-4% pull-back in the Coming Days Read Post »