Monday, December 19, 2022
Monday, December 5, 2022
Watchlist 12-7
Long Bias
DS DOW GRIL CFMS
Short Bias
OPEN W CAT PTON KALA BMTX CONN TSLA TME ABEO CVNA DISH EXFY TRVN FAZE ANGO AMPX
DS DOW GRIL CFMS
Short Bias
OPEN W CAT PTON KALA BMTX CONN TSLA TME ABEO CVNA DISH EXFY TRVN FAZE ANGO AMPX
Sunday, December 4, 2022
Big Week! Watchlist for 12-5
Long Bias
CLF DOW ZEUS STLD IYM DS IRBT BLI WRN AMRS NWTN CFMS XLY
Short Bias
NEON ZH VAPO ANGO PVBC BMTX DCFC OPEN VCSA UVXY TTCF LE PTON CLOW XOM XLE FDMT
Watching this triangle neutral on ABEO
CLF DOW ZEUS STLD IYM DS IRBT BLI WRN AMRS NWTN CFMS XLY
Short Bias
NEON ZH VAPO ANGO PVBC BMTX DCFC OPEN VCSA UVXY TTCF LE PTON CLOW XOM XLE FDMT
Watching this triangle neutral on ABEO
Tuesday, November 22, 2022
XHB Technical Analysis Hard to Be Bearish
With an inverted yield curve going on for so long it is wise to be bearish on the economy from history. However, the bottom that was put in on the markets on October 13th continues to push higher even if it just grinds higher slightly day after day like this week.
Being bearish you would want to see a cyclical and consumer tied sector like home building show weakness. It's the exact opposite. This chart of the ETF XHB is very bullish right now. It retested the trading range which is the horizontal line and has trend support which is the diagonal line. The shorter line is the "bull" flag. It's going to take a major news or event to reverse this chart. It very well can happen and it's best to be opened minded but at this moment stocks look bullish. Even tech with QQQ is hanging around.
Being bearish you would want to see a cyclical and consumer tied sector like home building show weakness. It's the exact opposite. This chart of the ETF XHB is very bullish right now. It retested the trading range which is the horizontal line and has trend support which is the diagonal line. The shorter line is the "bull" flag. It's going to take a major news or event to reverse this chart. It very well can happen and it's best to be opened minded but at this moment stocks look bullish. Even tech with QQQ is hanging around.
Monday, November 21, 2022
Tuesday, November 15, 2022
Watchlist 11-16.22
Long bias
TLT NCMI AFMD PRTS TBLT NVTA HOOD
Short bias
PTVB GLYC EVER MDRX CLOW CVGI PCG NNDM KNDI BYND CHWY DISH MPLN DS
TLT NCMI AFMD PRTS TBLT NVTA HOOD
Short bias
PTVB GLYC EVER MDRX CLOW CVGI PCG NNDM KNDI BYND CHWY DISH MPLN DS
Monday, November 14, 2022
Watchlist 11-15-22
Long Bias
NCMI DMTK NVTA IRN DWAC OTRK SATX COSM HOOD
Short bias
JBHT GRWG CVGI GLYC SLS MDRX PCG CABALGHL KNDI LASE APLD BITO
Near 52 W Short Bias
UP ANGI AIRS TIL OPEN NRBO QTNT
NCMI DMTK NVTA IRN DWAC OTRK SATX COSM HOOD
Short bias
JBHT GRWG CVGI GLYC SLS MDRX PCG CABALGHL KNDI LASE APLD BITO
Near 52 W Short Bias
UP ANGI AIRS TIL OPEN NRBO QTNT
BITO a short
I really see Bitcoin going lower before there is capitulation. It may drop quickly like it has in the past any hour now. So, I think it's prudent to get long BITO puts with a Nov 25th or later expiration to give it some time incase it consolidates first.I'm going to go with Nov 25 7.50's
Trading Watchlist 11-14-22
Long Bias
NCMI needs a break of .59
GLT needs 3.60 break
DWAC needs 26.50
COSM
SATX needs 12.54
BABA
APTO
Short Bias
PCG needs 14.64
MDRX needs 18.01
LASE needs 2.71
CLOW needs 1.64
VERU
APLD multi-day
NCMI needs a break of .59
GLT needs 3.60 break
DWAC needs 26.50
COSM
SATX needs 12.54
BABA
APTO
Short Bias
PCG needs 14.64
MDRX needs 18.01
LASE needs 2.71
CLOW needs 1.64
VERU
APLD multi-day
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