AAPL – (dip buy on watch) – yesterday we saw a fakeout on both sides. Morning started with a quick drop, then a big pop to highs of 125.95. I noted within our group that I didn’t like the look of AAPL/market when it started giving up the gains from that pop. Anytime we see…
AMD (long swing idea) – this one is setting up to break into the $100 club very soon. Weekly chart is breaking out of a trading range and we hit all time highs on Friday. Looking to enter a long position on this one. AAPL (long swing idea) – Full disclosure: currently long AAPL via…
Here we are! Last trading day of November, and today after the close we complete new monthly candlesticks. I’m going to share some notes from the December Almanac. #3 S&P 500 (+1.5%) and Dow Jones (+1.5%) month since 1950, #3 Nasdaw 1.6% since 1971. 2018 was the worst December since 1931, down over 8% Dow…
Today the market closes at 1Pm. I expect a continuation of the trends from Wednesday to carry into the first half of the trading day. Question is will investors be lightening up their positions into the weekend? As I’ve been mentioning in the previous watchlists, historical Thanksgiving seasonality trends help guide our investing and trading…
From the Stock Market Almanac “Trading The Thanksgiving Market” For 35 years, the “holiday spirit” gave the Wednesday before Thanksgiving and the Friday after a great track record, except for two occasions. Since 1988, Wednesday-Friday gained 18 of 31 times, with a total Dow point gain of 601.32 versus Monday’s total Dow point loss of…
