4/11 – Q1′ 2022 Earnings Trade Ideas
Q2 2022 - Earning Season kicks off this week with Banks Wed 4/13 - JPM, Delta, BlackRock Thu 4/14 - Wells Fargo Bank , Citi Bank , Morgan Stanly (MS) and Goldman Sachs (GS) DIS – With the stock forming a potential triple-bottom right around the $130 level, bull put...
4/8 Weekly Update – Earning season kicks off
SPX Chart Analysis • A move above 4637 (last week’s highs) would justify a bullish stance, while a move below 4420 would justify a bearish stance. Beyond those levels, there is further resistance in the area of the...
3/7/2022 Weekly Update – Oil $130 ; GOLD hits $2000
3/7/2022 - Todays market action summary- - Crude oil topped $130 (all time high after 14 years) ; SPX down 3% ; if oil prices continues to rise it will slow down US economy and we might enter into recession (but too early for recession ) - Gold hit $2000 /oz ; GLD...
The 55-day rule
• The 55-day rule - there hasn’t been a top that lasted for 55 days without the market imploding (in 2020, the market dropped almost immediately after the top was formed, but that was due to the pandemic of course). • Most people don’t realize that the Crash of 1929...