Markets await the Fed’s preferred inflation gauge — personal consumption. We also have the weekend effect impacting stocks and typical Monday capitulation.
PCE Inflation Numbers to Have a Big Impact as Markets Head into the Weekend Read Post »
The NASDAQ-100 (QQQ) continues to go though its bottoming process as it both fills a major gap today and forms positive divergence. Still riding along he oversold line, the QQQ will soon rebound back up through the $520’s.
NASDAQ-100 (QQQ) Goes through bottoming Process & fills a Big Gap; Rally Coming Read Post »
The entire market is rebounding off of deeply oversold conditions as Nvidia gets ready to report earnings.
Markets Deeply Oversold as Nvidia Sets to report Read Post »
Markets are deeply oversold and likely to rally soon. We could see a rally start as early as today within a reversal.
Big Market Rebound Likely to start Today or Tomorrow Read Post »
The focus of today’s session will undoubtedly be on the wide number of different trade set-ups that have emerged with the NASDAQ-100 (QQQ) having pulled back sharply off of its highs.
Big Trading Opportunities Emerge on Friday’s Sharp Sell-Off Read Post »
As we’ve largely moved to cash + Nvidia (NVDA) in our trading portfolio (still super duper long in our LT Portfolios) we’re now just waiting for our set-ups to fully develop before we put on our next trades.
Daily Briefing: A Slow Friday as Stocks continue to Consolidate at All-Time Highs Read Post »
The NASDAQ-100 (QQQ) pulls back from its highs after reaching overbought territory. But the damage is already done. A new intermediate-term rally is now inevitable.
NASDAQ-100 Retreats from its Highs, But Damage done to the bears & Rally Inevitable Read Post »
Stocks stall at overbought conditions. But signs point toward an intermediate-term breakout is right around the corner.
SPY/QQQ Stall At Resistance; But Intermediate-Term Rally Likely on Horizon Read Post »
The NASDAQ-100 (QQQ) has reached its key breakout point at $540 a share as the SPY closes in at $610. If the markets are able to push through support, we could see the start of a new massive 20% rally.
NASDAQ & SPY Reach Critical Breakout Point; New Intermediate-Term Rally at Stake Read Post »
Available on iOS & Android The Sam Weiss Mobile App is now available for download at the Apple App Store
Introducing the Sam Weiss Mobile App Read Post »