[Watch Now]: 3 Signs it’s Time to Buy the Dip

Nasdaq TradeTalks Danielle Shay Jill Malandrino

Click on the image above to watch the full, TradeTalks segment on 3 Tips to Buy the Dip.

This week in NYC, I stopped by the Nasdaq Marketsite in Times Square to meet Jill Malandrino and discuss the current market pullback. Since the trade war news last week, the market has been tumbling, and investors everywhere were looking for reasons to start buying the dip.

In this video clip, we discuss three key methods that I use. I look for:

Hold of support and an oversold condition in the indexes, particularly the S&P and the Nasdaq
Behavior of the market leading stocks, focusing on Microsoft, Adobe, Amazon, Apple, Facebook, Netflix and Google
A high put/call ratio signifying that the market is slanted, and too many investors are short, rather than long, unbalancing the marketplace

These three combined conditions cause me to look for an oversold bounce. This doesn’t mean it’s ‘the’ low forever, it just means that the market is getting oversold, will likely bounce, and I want to trade the short-term move higher.

Check out the video above for the Three Signs, and what I saw last week in particular in the Nasdaq, Microsoft, and the put/call.

You can also check out my full article here: https://new.nasdaq.com/articles/3-key-focuses-to-identify-buys-on-the-dip-2019-08-13

Up Next...

Waiting on a Dip Buy in Microsoft (MSFT)

Hey traders! The Nasdaq is pulling back today, which, in my opinion, is a much-needed move. With the extended market, buying anything with an edge was nearly impossible. So, while pullback days aren’t as much fun as when the market is roaring (unless you’re short), I use them to identify opportunities. In this case, I’m … Read more

When a Ticker Makes Targets

Hey Traders! On Monday, I sent you a video about my short-term setup in Tesla, along with my $250 price target. You can check it out in the Tweet below… Since then, the squeezes I noted fired to the long side, and Tesla traded directly to my Fibonacci price target at the 1.272% extension level. … Read more

A Trade Setup in TSLA

Good morning, traders! The Nasdaq futures are choppy at 16,000 after making quite the run. So, what’s next? Looking for the next round of setups, of course! When tickers and indexes get sticky, squeezes will start to consolidate. Those squeezes generally occur on the lower time frames first. When those squeezes fire, they can either … Read more