Sunday Webinar 11/22/20
To access this content, you must purchase a membership.
To access this content, you must purchase a membership.
***NOTE: THERE WILL BE NO MIDWEEK VIDEO THIS WEDNESDAY, NOVEMBER 25TH DUE TO THE THANKSGIVING HOLIDAY IN THE US*** Not much has changed over the past week. The major indexes continue to act well and they are consolidating sideways to digest the strong week of the US election. As I’ve mentioned recently, my biggest concern [...]
***NOTE: THERE WILL BE NO MIDWEEK VIDEO NEXT WEDNESDAY, NOVEMBER 25TH DUE TO THE THANKSGIVING HOLIDAY IN THE US*** Regarding the market’s positives and negatives, not much has changed since last Weekend’s Video. The major indexes are acting well, the Fed is on our side, and the seasonality is traditionally strong. In my view, the [...]
I discuss some setups starting around the 13:30 mark. A few include: AMD, Z, PLAN, SQ To access this content, you must purchase a membership.
I always like to look at the positives and the negatives and adjust my investment levels accordingly. The current positives: 1) The major indexes are strong, they are all above their key moving averages, and there’s very little distribution. 2) Seasonality. November and December are two traditionally strong months. We also have a regular cycle [...]
Some members have asked about my longer and shorter-term views on the market. Longer-term, I am bullish for the following reasons: 1) This seems like a normal consolidation after the strong run we’ve had off the bear market bottom in March. In this video, I compare the market’s current consolidation to ones we’ve seen after [...]
Someone on the webinar asked me where to find the Daily Put/Call readings. Here is the CBOE link: https://markets.cboe.com/us/options/market_statistics/daily/ To access this content, you must purchase a membership.
It was a strong week for the markets and nice to see the major indexes get back above their 50-day moving averages. Overall, the volume for last week’s increase was stronger than the previous week’s decline, which is a bullish sign. I have a feeling that in hindsight, we will look at the market’s recent [...]
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As I’ve mentioned in many videos, whenever there are mixed signals in the market, I will always lean towards the defensive side until we get a clearer picture for two main reasons: 1) The best traders throughout history always preach defense and 2) I will always look to protect members whenever there are potential warning [...]