Several tech & healthcare sector stocks making an early bullish run such as AMD, KLA and DXCM after a dovish Federal Reserve comments on slowing down interest rates hike. However, Fed mentioned interest rates may floating around the 5% level until they see interest rates remain low within the next quarter.
An overview of the market technical analysis from the major indices on the first day of the week prior to major economic data, the NFP. What will impact the market movement this week? We will be looking closely at the commodity market, bond yields, US Dollar and the Gold markets. We also touch on AMD stocks as our watchlist for this week.
Nasdaq Composite: Great rebound from key cloud chart levels! Need a breakout past cloud chart resistance levels on the 4 hour cloud chart. Santa is coming to town!
Nasdaq Composite Index: On its way to test key cloud chart rebound zones!
Outlook remains bearish since price action is trading below the cloud on 4 hour and daily cloud charts. Heading towards potential rebound zones!
I've gotten a lot of questions on some of my trading view ideas on how do I paste images on the chart. And others compliment me on my artistic skill. The secret is that I don't paste images on the chart, but I'm also hardly an artist. I do like to take some time to create the art because it helps me tell the story of the company that I'm presenting in the idea....
Welcome, guys! Thanks for checking out my content. I hope this content gives you a good outlook as an investor, so you can attack these markets and be successful with your finances.
The first point in this video that I touch on is the American stock indexes; the S&P 500, Dow Jones, and the Nasdaq 100. It's important to note that these indexes have had their worst...
