The feds Balance sheet reduced from $7.96 Trillion to $7.73 Trillion This is the largest reduction in the balance sheet since September 1st 2023.
A dash for trash has been observed! Many participants are tryging to buy to and squeeze companies that have been beaten down and fundamentally weak.
Are we seeing a divergence in the market? Interest rates & yields have cooled off significantly in recent trading sessions thus providing the perfect tailwinds for tch to continue higher. Todays price action saw Tech make a new nominal high as yields were falling but ended up reversing lower. The fact that tech appears to be selling off under falling yields...
Thank you for watching and I hope you learn something on my analysis of $AMEX:IWM. In this video, I explain why I think we have a bullish breakout swing trade opportunity within the next few days. Have a blessed week and God bless you!
QQQ saw downside today. IWM strong ahead of weak dollar. Yields on watch for wedge breakout Bitcoin potential Failed Breakout!
Some high risk high reward stocks in watching. Small caps could get squeezy in the near term.
Markets have had an extraordinary move to the upside with 8 days of consecutive gains and 9 days in the QQQ. Semiconductors often lead the market and have now hit major resistance. Microsoft has almost completed its bullish move.
The SPY, QQQ , IWM all hitting resistance. Gold looking a bit vulnerable for a small pullback. Bitcoin looking extended & first negatives divergence.
Whats next for the markets? A complete collapse? A blowoff top? Sideways Chop? Lets discuss some pivotal price action
The FOMC is set to have their 2 day meeting. Market consensus is for a pause in rate hikes. Will the Fed shock the market like the ECB just did with their rate hike? The treasury yields market is still in a very strong uptrend & inflation expectations over the last 2 CPI prints have come in hotter due to energy. the markets are in a ver y precarious spot...
- XBI IWM ARKK FXI these sectors may play lagger bull catch up soon if market continues to run - PYPL BABA and other growth stock names may as well.
What I think is going on - the path to 4200 still very possible this week or next with the economic numbers. This is a quick look at SPX, IWM and XLF Good luck and see you during the week!
- Very notable drop in the last 3 days for all sectors. Most important factor to remember is always following the trend and dont try to fight against it. Even though today there was a lot of opportunity in both direction it was quite a choppy day. - I mentioned yesterday any pop bullish on premarket data will be a good short for all sectors and i will be getting...
All in the video, we are in a critical area of support for the markets. Oil is especially leaning bearish for me as it's been winding up for months and looks ready to break down. I talk about IWM/SPY bull flag, and possible strength in both TLT and Gold. Non Farm Payrolls are tomorrow so anything is possible, including a rally to 4100 area again, if it happens, it...
Lots of price action to digest. The markets a had an epic reversal along ng with many stocks. We cover all the major market trends & indices.
Technical review of the stock market after the FOMC rate hike and Jerome Powell speech. All in the video - I'm tired and will update tomorrow.
Discussing all the leading sectors and stocks to identify major trends. This weekly timeframe is suitable for longer term investors but insightful for traders.
Covered call ETFs (XYLD, QYLD, and RYLD) have significantly outperformed their tracking indexes (SPY, QQQ, and IWM) this year.