The Monday Short Squeeze For a couple of months now, Monday’s on have represented bloodshed on Wall Street. But today, you have the bulls taking off, and squeezing the shorts in the process. For now, I consider this a dead cat bounce, but a dead cat bounce that could squeeze the shorts for days. While
Market Rotation Into Small caps is unfolding. IWM ETF appears to be set to make another rally here to the upside as the market rotation into small caps continues. Russell 2000 (IWM) pulled back late last week and is now bouncing off of the Fibonacci retracement levels and sets up for a potential rally higher
The indices are making new all-time highs on a regular basis, following NVDA, MSFT and AAPL - but is it time for the "everything else rally"? But what about all the other stocks that have been lagging behind? In this video, I'll explore whether these overlooked stocks are poised to play catch-up and join the
Don't Chase Stocks Gapping Up! When swing trading, it's crucial to be aware of the potential pitfalls that can derail your strategy. One common mistake many swing traders make is chasing stocks gapping up significantly higher at the open. While it may be tempting to jump on board, hoping to catch a ride on the
$CX breakout and double bottom confirmation. Not a trade I would chase after until it can pullback and bounce off the breakout level. . $MSFT with a pullback to the breakout level. Extreme volume at the open though is concerning that it will be able to hold. Could see a pullback to the rising trend-line
$MSFT holding the rising trend-line here, but not quite getting much in the way of a bounce so far. . $SMH attempting to find some support here on this pullback. BA breaking below the lower channel band that goes back to October '22
Microsoft Stock (MSFT) rallied and Google stock (GOOGL) (GOOG) had a sell off after they released their earnings reports. Now how are we supposed to buy MSFT and GOOGL and manage the trade going forward?
$EBAY getting a pop out of news from $BX, but this support level could be tested yet again, and if broken, I'm looking for a move down to $40. Good chance $VIX gets to test the $18 level. Long-term trend-line for $MSFT was broken yesterday, and now attempting to hold a key support level in
Cannabis and $MSOS specifically rolling over. I expect a retest of the $6's. $ARM continues to trend lower following its IPO which is what is to be expected with pretty much any IPO. Best to wait at least 6 months before buying for the long-term. $MSFT pulling back to test the rising trend-line without a
$EA breaking below key support and, so far, failing to bounce. Worth staying away from, for now while it searches out a new bottom. $MSFT possibly putting in a significant topping pattern and breaking below key support here. $VIX break in the declining trend-line, and a break over 17 would mark a major change in