Will the stock market crash in 2021? In this video I provide a stock market bubble update. Also, I address whether Apple (AAPL) is showing the future of the Nasdaq 100 (QQQ), related stocks and the potential break in the long-term trend-line. Â
The stock market bubble is in full force and this week and is finally starting to show some willingness for a stock market crash while dogecoin, Gamestop stock, AMC and Blackberry continued to rally. A lot of people are now investing in penny stocks and now wondering will dogecoin ever reach $1. These penny stocks
Swing Trading Strategy: A potential cure from GILD… Perhaps the greatest counter rally anyone will ever see, the bounce off of the March 23rd lows in many ways has been unexplainable and perplexing, and if you are keeping watch at home, the Nasdsaq 100 is now up +2% on the year, and only 8% away
Swing Trading Strategy: More Jobless Claims… We have 5.25m vs. 5m expected on the Jobless Claims front this morning. The Market loves it, in fact the last four jobless claims that have centered around the impact of the Coronavirus, there have been 22 million jobs lost and every time the market has viewed that as
Swing Trading Strategy: Market Reality Check… Last three weeks the market has been riding the hope train and now suddenly price action is bleeding red across the board. Is this simply a buy the dip opportunity like March 23rd was, but to a lesser extent? Or are we jump starting the next leg lower? The
Swing Trading Strategy: Kicking off Earnings… The earnings weren’t good at all from the banks, and while no one really expected them to be, they were even worse than expected. JPM’s EPS came in at $0.78/share despite analysts expecting $2.16/share. However the market was not phased by this at all. The market right now is
Swing Trading Strategy: Best week since 1938… Last week’s shortened trading week capped off the best week for the Dow since 1938. A truly impressive week for the bulls despite a number of wild swings intraday. You have to be incredibly cautious in this market here. A lot of people are trading full tilt to
Swing Trading Strategy: Jobless Claims Bad, But Fed Trumps All… While people praise the actions of the Fed for their intervention in the economy to provide some stabilization, I have to say, it has certainly kept the selling at bay of late. However, this is such a dangerous move as the Fed is simply printing
Swing Trading Strategy: Big Gaps are dangerous… C’mon, two back to back days of 100 point gaps, and you think we are going to gap and run each time? Sure it isn’t impossible for the market to do that, but the odds of that aren’t strong, and instead of a bullish posture for the market
Swing Trading Strategy: Futures are rocketing… Perhaps it is because New York is seeing a drop in the number of deaths, or maybe it is because Trump said a few optimistic words at a press conference yesterday. Either way, the stock market is attempting one of its biggest rallies ever this morning with a monstrous