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John Clay
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Добавлен 1 авг 2015
The SPX Investing Program, offered by Intrepid Educational Services, is an educational program that seeks to provide low-cost courses and videos using subscription-based membership services. The goal is to provide unparalleled technical, fundamental, and mental analysis education as it applies to the US Financial Markets and Economy. Members of The SPX Investing Program learn to independently implement various strategies with the assistance of accessing real-time updates of current market conditions based on economic trends and geopolitical events.
S&P 500 What to Watch for Monday December 23, 2024
Link to The SPX Investing Program spxinvesting.substack.com/
Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8
This video is posted and updated on an as-needed basis as positive and negative signs become known in the S&P 500, other stock indices, or in other markets. This information is also covered in the Daily, Weekly and Intermarket Analysis videos that are posted. The idea is to have shorter version videos to point out areas to watch. As these areas change, a new video will be posted. To get the most benefit, it is best to view the Daily, Weekly, and InterMarket Analysis videos as they are posted. However, reality and attention...
Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8
This video is posted and updated on an as-needed basis as positive and negative signs become known in the S&P 500, other stock indices, or in other markets. This information is also covered in the Daily, Weekly and Intermarket Analysis videos that are posted. The idea is to have shorter version videos to point out areas to watch. As these areas change, a new video will be posted. To get the most benefit, it is best to view the Daily, Weekly, and InterMarket Analysis videos as they are posted. However, reality and attention...
Просмотров: 31
Видео
S&P 500 Deep Dive Video Update for Monday December 23, 2024
Просмотров 1210 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 This video looks at all the charts not used in recent posted videos for updates in between signals. Let me know if you find this useful. Please offer feedback if desired. The idea is to post this once per week as well as on an...
InterMarket Analysis Update for Monday December 23, 2024
Просмотров 1410 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Each week, a video is prepared which analyzes and evaluates current market conditions using InterMarket Analysis. These videos are prepared on an as needed basis, but usually at least once per week. PDFs and Slides used in thi...
S&P 500 Weekly Market Update for Monday Dec 23-27, 2024
Просмотров 6011 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Daily and Monthly Pivot Points: Posted on the Community Tab. PDF of Charts and Slides used in today's video: drive.google.com/file/d/1iFjeD1ckc_moPLjbqG3BYhzSSKhwmd_p/view?usp=sharing My Exclusive Free Workshop: The Four P's o...
S&P 500 Daily Market Update Monday December 23, 2024
Просмотров 2111 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 Daily Market Update Friday December 20, 2024
Просмотров 474 часа назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 Daily Market Update Thursday December 19, 2024
Просмотров 247 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 Daily Market Update Wednesday December 18, 2024
Просмотров 429 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 Daily Market Update Tuesday December 17, 2024
Просмотров 3412 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 What to Watch for Monday December 16, 2024
Просмотров 7316 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 This video is posted and updated on an as-needed basis as positive and negative signs become known in the S&P 500, other stock indices, or in other markets. This information is also covered in the Daily, Weekly and Intermarket...
S&P 500 Deep Dive Video Update for Monday December 16, 2024
Просмотров 2716 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 This video looks at all the charts not used in recent posted videos for updates in between signals. Let me know if you find this useful. Please offer feedback if desired. The idea is to post this once per week as well as on an...
InterMarket Analysis Update for Monday December 16, 2024
Просмотров 3216 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Each week, a video is prepared which analyzes and evaluates current market conditions using InterMarket Analysis. These videos are prepared on an as needed basis, but usually at least once per week. PDFs and Slides used in thi...
S&P 500 Weekly Market Update for Monday Dec 16-20, 2024
Просмотров 7116 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: ruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Daily and Monthly Pivot Points: Posted on the Community Tab. PDF of Charts and Slides used in today's video: drive.google.com/file/d/1a66AwlXDByOI63vQUSCmTK52hEEO9kDs/view?usp=sharing My Exclusive Free Workshop: The Four P's o...
S&P 500 Daily Market Update Monday December 16, 2024
Просмотров 5816 часов назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 Daily Market Update Friday December 13, 2024
Просмотров 4821 час назад
Link to The SPX Investing Program spxinvesting.substack.com/ Link to The SPX Investing Program Overview Video: drive.google.com/file/d/1WWOT2WPPxJEcQUtDDYYprliWzfiONshk/view?usp=sharingruclips.net/video/rkvOOZxMW00/видео.htmlsi=FPT-g7SXzPo-MdW8 Bob Kendall Free Report for June 13, 2024: kendallreport.substack.com/p/free-for-all-fed-holds-all-time-new Bob Kendall Video: ruclips.net/video/vCLnsAR...
S&P 500 Daily Market Update Thursday December 12, 2024
Просмотров 44День назад
S&P 500 Daily Market Update Thursday December 12, 2024
S&P 500 Daily Market Update Wednesday December 11, 2024
Просмотров 33День назад
S&P 500 Daily Market Update Wednesday December 11, 2024
S&P 500 Daily Market Update Tuesday December 10, 2024
Просмотров 36День назад
S&P 500 Daily Market Update Tuesday December 10, 2024
S&P 500 What to Watch for Monday December 9, 2024
Просмотров 10814 дней назад
S&P 500 What to Watch for Monday December 9, 2024
S&P 500 Deep Dive Video Update for Monday December 9, 2024
Просмотров 4114 дней назад
S&P 500 Deep Dive Video Update for Monday December 9, 2024
InterMarket Analysis Update for Monday December 9, 2024
Просмотров 2014 дней назад
InterMarket Analysis Update for Monday December 9, 2024
S&P 500 Weekly Market Update for Monday Dec 9-13, 2024
Просмотров 6814 дней назад
S&P 500 Weekly Market Update for Monday Dec 9-13, 2024
S&P 500 Daily Market Update Monday December 9, 2024
Просмотров 5914 дней назад
S&P 500 Daily Market Update Monday December 9, 2024
S&P 500 Daily Market Update Friday December 6, 2024
Просмотров 3314 дней назад
S&P 500 Daily Market Update Friday December 6, 2024
S&P 500 Daily Market Update Thursday December 5, 2024
Просмотров 4514 дней назад
S&P 500 Daily Market Update Thursday December 5, 2024
S&P 500 Daily Market Update Wednesday December 4, 2024
Просмотров 4114 дней назад
S&P 500 Daily Market Update Wednesday December 4, 2024
S&P 500 Daily Market Update Tuesday December 3, 2024
Просмотров 2814 дней назад
S&P 500 Daily Market Update Tuesday December 3, 2024
S&P 500 What to Watch for Monday December 2, 2024
Просмотров 6121 день назад
S&P 500 What to Watch for Monday December 2, 2024
S&P 500 Deep Dive Video Update for Monday December 2, 2024
Просмотров 3121 день назад
S&P 500 Deep Dive Video Update for Monday December 2, 2024
InterMarket Analysis Update for Monday December 2, 2024
Просмотров 3721 день назад
InterMarket Analysis Update for Monday December 2, 2024
Superb Insight! Your videos are the best!
I appreciate that! Thank you very much!
these videos are awesome, you are an absolute saint.
Thank you very much! I truly appreciate your kind words! 😊
Thanks, an amazing summary
You're very welcome!
Hello John, I’m Amy’s mom . I’m the No.1791 followers 🎉.
That is so great! Thank you! I hope you are having a wonderful trip!
What you think its gona be the low price for sp500 to next week
I am not sure. I don't use Technical Analysis that way.
Thank you for your work, very informative and well explained!
You're very welcome! Thank you for the kind words!
I’m watching this on Saturday Nov 2 but it’s still useful information because your videos are so comprehensive. Thanks John.
Great to hear! Thank you!
Hope you had a good weekend! Thanks again for the content.
Thank you! I spent the weekend doing videos! 😂 I enjoy it but it is pretty time consuming. I hope your weekend was great! 😃
One thing is for sure, everything is expensive 😂
So very true! 🤨
Appreciate the vid's 👍👍
Glad you like them!
I would love to know what A-hole pushed the price up from 5310 to 5320 in the last minute when the rest of the world was closing positions due to not trusting staying in the market overnight. They robbed untold amounts of options traders thinking that it was unnatural for the market to go straight up all day with just one week worth of job numbers that are always revised for the worse.
It's hard to stay the actual cause. It could have been program trading and short sellers closing out positions by buying since the expected declines did not materialize. MOC orders often skew things right at the Close as well.
has anyone told you , you sound like Seth Rogan?
Can't say that they have! 😁
If we get housing interest rates cuts in September, and a Trump Presidency in November, still feeling bullish for the rest of the year. Slight fear correction in my book.
Very good points! At this point, this looks like a decline since the Long-term trend remains positive. If that changes, then what may happen could also change.
Thank you for very detailed breakdown. August looks like an exciting month - hopefully my account survives it.
I hope so too! May your account do just fine!
All calls Monday buy fear sell greed
As always, it will be interesting! 😁
I keep hearing about how well the stock market has done for the last few years, but my Boeing 401K hasn't done much during this time.
Stock gains have been mainly confined to a handful of stocks. They are huge companies that really drive the indexes higher, or lower. Do you own mostly Boeing stock? It has been under pressure lately with all of the news surrounding the company.
@SPXInvesting I don't own any Boeing stock anymore. I sold it all just in time.
Sounds like great timing! Good for you!
👍
😁
Love the video. First time catching your show. Just started a cover call campaign a few weeks ago on XLE, XLF, GDXJ, XME, and IWM. Love the long view on your videos. I only use weekly charts to trade. Keep up the great work.
Thank you very much! I hope you keep finding the videos helpful!
Nice objective analysis of the data. Subscribed.
Thank you and welcome! I hope you keep finding the videos helpful! 😀
P/E ratio is still very good. it's just getting started to grow
We'll see if the market agrees with you! 😁
I got clobbered scalping NVDL and SOXL or I wouldn't be 15.8% below my high. Dumped some good quality reits at/near their lows just to get clobbered on SOXL and NVDL attempting to scalp $5 to $10/share moves on 20-30% of inherited IRA while some reits like VICI are almost $3/share above their lows. If it's not fear, it's greed. For once in my life, I'd rather be overweight reits than tech. All said and done, after withdrawing 30-36% of initial investment with inception late June/early July 2022 and withdrawals starting since December 2022, I can't really complain but I have to work on patience I have to do as I say and not as I would suggest. There some people that have gone crazy with these options etfs with 40%+ yields treating them like annuities rather than the high risk options etfs they really are So far, I like APLY,MSFO,AMZY,NVDY,YMAX FEPI and AIPI as capital efficient ways of generating yield with only 7% of total portfolio combined. Most of my portfolio is in (convertible) bond/CLO debt and equity cefs near their 2022-2023 lows. Fairly boring Most of my returns are generated by trading 3x and 2x longs and large SMHB/MVRL positions. More upside=more downside. Considering NVDA/NVDL has breached it's current 50 day simple moving average and failed to stay above and in afterhours à mere $3/share above-less than 0.5% above the 50 day simple moving average doesn't give me much hope that it will stay above and now that that's it's 30% of the S&P, it will send the S&P and Nasdaq down with it. The 14 day RSI of SPY is 49 and QQQ 43. The 14 day slow stochastic oscillator is still falling on SPY whereas the 14 day slow stochastic oscillator is below 20 on QQQ. The bollinger bands on neither index fund indicate a pause or reversal of the short term trend. Both index funds bairly above the 50 day, I think more selling pressure on the way. I've raised inherited IRA to 20% cash and will be depositing 100% more cash to my margin account, so that 50% will be in cash. The cash in the margin account devoted to adding my more boring dividend/cef pics. The 20-30% cash inherited IRA will be used to trade 3x longs once à reversal of the trend is confirmed,even if it's only for 1 to 5 days on a dead cat bounce. If you can get in the lows on many high yield cefs, you can lock in 15 to 20% yields at the lows with 20%-40%+ upside. This year I'm all about strategy and discipline to avoid any 30% drawdowns. Unless you're à sucker for punishment like myself, one could probably take a break from the stock market until mid to late October/early November. I can see the mélodrama now: no rate cuts in September followed by a mega drawdown to 4920ish and then a rebound to 6k. Plenty of room to get extremely damaged or outperform on the ground. For the index fund holders the move won't be that significant compared to individual stock holders. This part of the year can make or break you. My goal is to get portfolio back to or above its all time high after withdrawing 47% of my investment since Dec 2022 by Dec 2024
Great overview of your methods! Thank you. I appreciate you sharing what you do! Hoping for the best for you as the dog days of summer drag on!
Thanks John really like your presentation of market. 🙏
Thank you! I appreciate that!
Last week was superb, like from a book, jumped out of a channel, then a retest, then went flying with no brakes on it. 🎉 This wekk began with small profit taking, but still looks positive.
I am just starting to look through the charts for Monday but the SPX seems to be holding up pretty well during a time of positive historical seasonality. We'll see if this can continue.
gt video. admire u. we think presendtial elections set te policy and trump,wins the stock market will do yo yo.........best of luck and stay safe
Thank you. In reality, whoever is president has very little to do with what the stock market does or does not do. They have risen and fallen no matter who is in office. It's more dependent on Congress and the Fed. Plus the stock market movers have friends on both sides anyway to hedge their bets and influence. I appreciate the nice comment!
@@SPXInvesting tahnks for the kind words. i still than if 'biden repets as presidnet e will leave fed ad powell indeendednt whereas trump will keep him hitage and force im to reuce te rates and cut social,securty and give tax cuts to billionaires and will cause inflation for ordinary americans. thanks
I appreciate your comments. Point made and taken although I see things differently and have reached different conclusions. We will just have to watch it all unfold. The President cannot force the FED to do anything since they are supposed to be independent, although it has become more political over the last few years. The President can scream and yell and apply as much political pressure as desired but to maintain confidence the FED must remain independent. It's about as silly as giving a president thanks or a bashing if the market goes up or down. It is irrelevant. As far as tax cuts and social security, that is supposed to be the job of Congress to oversee and regulate those things. The President should barely be involved but can support or not support what Congress is or isn't doing. These decisions were not meant to be done by Executive Order. Inflation may become an issue due to the massive liquidity that was dumped into the Economy. That is why I cover it each week so we can keep an eye on it. So far it is under control but we watch for things to change. Wall Street sees what happens in DC as little more than bad theater. 🤣
@@SPXInvesting dalio who is a reoublican now says if trump wins will cause inflation for ordinary americans. thanks
No matter who wins there could be inflation in the future.
Thank you for lots of beautiful and informative charts. But, what's the bottom line?
Thank you for the feedback and nice words. The bottom line is what I cover in the Daily Video Updates. All of the other videos are supplemental to the evaluation I do each day.
wowww thats so indepth
Well, I believe in the "big picture" approach so I cover as much as I can as fast as I can. I hope you find it helpful. I appreciate your feedback. 😀
Thanks John. So the ship sails on.
You are welcome! It sure does!
Interesting stat for the week: Since 1928, July 3rd has the highest day hit rate for the S&P of positive returns (72.41%), followed July 1st (72.06%), and other statistically significant trading days during the first two weeks of July,"
Yes quite interesting. July does start off well historically. I didn't cover it but for the last 20 years July 1 has been the most positive day of the year. It is up 90.5% of the time with an average return of 0.5%.
As if it does not mean much, what stock do i pick, but rather to pick exactly what i can understand and to know safely to execute
Good approach!
But, every stock was different from another, many of them were hard to understand, some of them have clear price action right away, some of then were impossible to execute, some of them were mixed. In addition to that - most of them seemed similar in terms of expected performance, but they were different. What can i say - needs more work, needs different concepts of picking, but it was valuable data.
Anytime you look deeper and do research it is a good learning experience no matter what!
I've checked my last pick of stocks and got somewhat mixed result. There was kavl, which gave about 130% per week in terms of gains Uami gave 11% Agen 26% Apld 24% Ddc 28% Bdsx bwlp dnn 5-7% Kind 9% Litb 11% Smmt 9%
I am not familiar with these symbols. Are they smaller stocks? Keep going since you must be doing something right! 😀
I've been looking at us president elections, and so far, trump been having an advantage, and his program looks fairly promising, theres even a chance that senate catching up red wave, and in this case we may have republican majority there, which is grear
So far the polls show him leading. We'll see how it plays-out later this week with the debate. Usually, this does not impact the markets very much, either pro or con, although politicians do like to congratulate themselves when it goes up and try to place blame when it goes down. 🤣
I had to pause my trading activity due to some problems in my life. Current sp500 range, does not look to good, its more downward range now. However, for today, we might bounce of a previous supprt level, to go to an upper part of current channel, as usual, we need to evaluate this movement.
Sorry to hear that. Hoping the problems get resolved very soon. The SPX looks vulnerable but the broader market has been improving. We will see who wins!
14 day RSI of 68 on SPY 14 day slow stochastic oscillator above 80 bollinger bands wider than usual- it's a pause or reversal. I think it's only a matter of correction depth. Based on the current market conditions I think we either see a drop to 5221( current 50 day simple MA on SPY 522.11) or a drop below to anywhere around/above 482.91 SPY 200 day simple MA) 4829 S&P I don't know/can't predict the depth of the correction but it's time to deleverage, highly leveraged margin accounts, (like mine at 60% equity with high maintenance names with minimal available for withdrawal)and move into 50% to 100% cash If it can drop below 5220 and go back above quickly that would be a minor correction like last late June. If it drops below 5220 and can't go back above, then 4800 area more aggressive re-accumulation in my opinion
Sounds like you have a solid plan. Excellent. We do look toppy and possible weak seasonality. So a pullback will not be a surprise but you have at good support levels. Great job! Have you considered using puts for protection and staying long?
The Dow,S&P, Nasdaq are all trading above their 20 day moving averages and the 14 day RSI on the Dow is near overbought levels . The Nasdaq 100 QQQ 14 day RSI dropped from 80 to 61. SPY is stuck at 68. The 14 day slow stochastic oscillator is above 80 with wider than usual bollinger band on SPY/QQQ . The 14 day slow stochastic oscillator is overbought above 80 on the Dow but on the Russell 2k(VTWO) it's rising. The bollinger bands look like there's going to be a breakout on the Dow and Russell. The 14 day RSI on VTWO is rising from oversold territory The Russell 2k is barely above the 50 day simple MA..if it can stay above I think the Dow and Russell may have a few more days to run before they correct with the S&P and Nasdaq. We may see a shift into value and small caps. As far as puts, I'm a former series 3. I don't know much about options on stocks but I'm sure I could catch on with a background in options on futures I was thinking inverse 3x but that's expensive insurance I actually barely had a green day today and probably didn't deleverage enough. That may be my downfall tomorrow.
Sounds like some great analysis. The Dow has been doing better lately but I am rather skeptical of the Small Caps until they break out of the sideways range they have been in since the beginning of 2024. The SPX may be due for a pullback but there is some internal strength that has been building over the last few sessions. We'll see if there is any follow through. I do teach about put options as protection, especially with a longer term portfolio which can really be nice when things go against you but I agree that the 3X inverse is pretty pricey. I am sure you could catch on to options pretty quickly.
@SPXInvesting lol looks like I was wrong. S&P/Nasdaq up Dow and Russell down.. at least for today..maybe we see this type of behavior on the way down for all 4 indices with lower highs/lower lows made on different days. Very tough market! Patient money makes money. Fomo is a wealth destroyer.
🚀
🤣
I just feel like this is due to come down. Way overextended. I deleveraged and brought equity back up to 70% in my margin account and allocated 12% cash in tax sheltered account. I think we may see a shift back into value and/or small caps short term if yields continue to come down. I'm a long term bull with a short term bearish bias on the S&P and Nasdaq. I'd feel uncomfortable buying (T)QQQ and SPY/SPXL, NVDA/NVDL/NVDY at all time highs. If you look at the Dow Jones Index it's approaching oversold levels-its not there yet but its on its way-it briefly went above its 50 day simple moving average on Wednesday or Thursday morning and then dropped below it and stayed below it and the simple moving averages are coming down on the Dow. As a buyer, the Dow looks like a better short term opportunity. I am thinking the Dow briefly rebounds before the Nasdaq and S&P in a few weeks. I think we'll continue to see all major indices come down but I'm starting to accumulate UDOW while I wait for TQQQ/NVDL and SPXL to come down.
Sounds like a solid plan. We'll see how things work out. There are lots of warnings but we will need to see the SPX break lower with price, which could happen at any time. The warnings have been building over the last few weeks and unless they get dealt with, they could lead to a decline. We just need to wait and see how and when it happens and then adjust things accordingly.
On es futures, theres quite a gap up, compared to SPY, besides that, both chart jumped from old range to abother one. Action seems strong and positive, but with this rangy tendency, of course
Yes there can be a difference from futures to cash and it may be switching to a new front month. Glad to hear it looks strong and positive. That's good news!
@@SPXInvesting I've gathered a data from stocks ive picked, avarage, them were got for a bounce of 5% on monday tuesday, then most of them failed, as expected. I liked more, a mondat pick, there were abus, market as fine, aspi market as good and beat, market as bad (i was interested how it would play out still) Abus made 6%, aspi made about 13% and beat, ended up beat up lol. I liked, only two stocks, and both made reliable outcome, because chart looked nice.
Sounds great. Keep reading hose charts!
The markets aren't going to care if it'd Trump or Biden?
Usually it makes little difference when applied to the markets. What happens in DC is seen as little more than theater by Wall Street It's Congress that has more of an impact since they make the rules but even this has lessened in recent years with the increase in scope of Executive Orders. EOs can replace or override congressional influence that was more influential in the past than it is now. The markets have gone up and down no matter who is president. Rarely does presidential action cause market movement greater than in the very short-term. From a market perspective it s what is happening economically in general and with earnings that has the most impact.
And, some of a patterns can be added - like being close to a support, channel, double bottom and so on. The very idea is to get 30-150 stocks after filtering, and eyeball a good one, some small company, which can live in it, to have a certain bounce out of a level. Open question is that - one still has to manually 1-3 stocks, by his taste, and, with clouded mind it can go wrong. Well, like everything on stock market. On the other side, volatility could bring pretty fine gain for doing less, but waste of time is at stake there
Sounds interesting. Since I focus on the S&P 500 I am not sure I can offer much insight but this is a good thing to learn about. There are some good scanning tools available . I hope this one is even better.
On finviz, i chose 3-4% volatility Price lower than 20 Volume - 100k Performance - month up
ok, good to know
Speaking about stocks, I'm not sure what words triggered yt to delete, I'll try to tell my thoughts in parts
Good idea
We made another swing right to an upper part of channel, and possibly can go higher, but there's already a rejection building up, so, aftermarket would tell
Even when I did day trade I usually found it worked best when the cash market was open. Are you seeing a big difference?
@@SPXInvesting about 30% of moves happens at market closed, all the gaps are the result of it. I cannot say that one is better than another, but for predictions its better to watch both
That is why I focus on the Close, even at the index level. It is best to watch both.
My apology i did not post in a time. Looks like sp is doing the same range thing, it least on /es. There's not much to say about stock test, i picked 60 of them, some did 10% -15% bounce, right where it's supposed to happen, most of them did a 5% bounce, and quite a lot of them did 3% only. It's too early to differentiate them - what to pick or what not to, prior to bounce. Gern, espr, lucy, acdc, aldx, spr, stro Albt stock made a several hundred %, but it's more a posituve anomaly rather than a rule. Only lgf a was in a some sort of up trend
No problem about posting. I appreciate your comments no matter when you can do it. Sounds like you have found something quite interesting that seems to give insight. Things are quiet ahead of CPI and the FED announcement.
@@SPXInvesting i used Volatility - week over 4% Price - < 20$ Performance - month up or week up Volume - over 100k Right now it gave 285 cheap, volatile, somewhat positive stock, which can bounce of some level, individual per every stock of course. I found, that stock, with A letter in name the ones are listed in beginning, easy to watch, read, and choose from. The further it goes - more shady it gets, in possible trades and readings. I assume - that cleaner and better looking chart itself - the more value is in it. For now, its not enough data, to give a exact description, but it is surely in this direction
@@SPXInvesting on spy or es, we got overload with patterns, tests, squeezes, ranges, but, in such stocks, we may have none of them, and, every one, being present on a chart is talking much, giving clues. Of course, a most of them stocks being present there are dead dog, just falling, but few of them are just like jewels
@@SPXInvesting abus, aspi, can be added to test, channel up, near lower line of it, but looks alive
RUclips deleted some of my comments again, well, okay, it was unpolished stuff anyway
I began to learn how to use a finviz, due to some obstacles, there are interesting opportunities ob low cap stock, i set a tests, and it would be interesting how it would play out.
Great! Let me know what you find out as you tinker with things!
On Friday, we set a new ath, but still, within a range, which is telling. For now, there's a little positivity for now, which should end as a retest and an continuation of a range, or a drop lower
Yes there was an intraday ATH but so little conviction on Friday. We are looking at a slightly lower with no economic reports but some major releases during the week. Today might be dull but you never know! 😀
Thursday was mostly profit taking, with couple of diamond patterns in it. Afterhours, remaining bulls took price at its yesterday's high. Its safe to assume that we may having a continuation of a range, with some action due to upcoming reports.
Very slow day ahead of the NFP report. Not much has changed technically but a lack of selling can be taken as positive.
Wednesday gave us another day of a happy run, even greatet one. Not much to say about it - constant buying mostly. We may see a retest of it, but, and a reaction fot a todays reports. Looks healthy, but may end up with usual ranges for the sake of ranges
Agreed! Some pretty important indicators are still negative but price is price and we must follow that!
Tuesday was a beautiful day, where bulls were just stronger, being able to vent off bearish strenght, to push price higher, and even to return it back after a retest. I assume, wednesday would be mostly about upcoming news, so lets be prepared for them
Well said! I am running behind a bit due to a longtime Internet outage. So, I am catching up but your observations sound spot on!
Friday had all sorts of things going on, news, futures, and a rebound, total roller coaster. I agree with you - market still need to figure out - what to do with any of it. There's quite a bullish presence, but it does not lead to anything yet, with ptice slowly advancing to a Friday's high. Could be another reversal, as a continustion of Friday's rebound, but unlikely for now
We have a major report coming out at 10:00 AM ET and a higher Open. It's all about follow through as the day unfolds. It's a pretty mixed picture right now.