AMZN caught a downgrade yesterday, and still has some room to fall.
BIDU gapped up this morning for whatever reason, but quickly retreated @ $120 (where you should have got short)
FXP still looking good.
GS Breakdown, I want to short it again on market weakness.
This one was not on video, but almost made the cut. LOPE, recent IPO, looking to breakout to new highs.
SHLD, watch for the gap fill, or watch for a breakout above $50
SRS pulled back right to our buy point and looks good here for those that missed it. Easy exit point if it goes against you.
S&P update:
BIDU caught an up-grade to $180 based on China’s government easing some restrictions on them.
Thanks AU. Could not find any news on it.
Cajun,
Thanks so much. Just watched your vids. I’m in SRS @ 61.85 w/ a tight stop. This etf and FXP have been hell for me. Appreciate your help in getting the trade right this time.
great re-entry on SRS Rage! its starting to come back and making higher and highs and lower lows from todays bottom. if i am reading your chart correctly, it looks like this has room to go to 80-85 with little resistance, is that correct?
some before that around 70 where bottom support was made . aka now resistance. nonetheless it will surpass it
Let me repeat: NFLX will be the short of the year. The stock is overpriced (26x), technically overextended, and in the wrong sector (retail).
PLD – added to my small long position.
CFR – shorted heavy, broke support (multi month) last week and retested today.
can i get a BAC “gap fill” updated chart???
LOVELY DAY for the BAC of the bus!
Good update. If you trade LOPE, keep an eye on STRA above 200, and APOL above 80. APOL actually got under 80 on a negative report. Oh well…There’s always haters on the bull markets.