Nasdaq Selloff Deepens After AMZN and SNDK Earnings
I’m watching the Nasdaq selloff after yesterday’s AMZN and SNDK earnings. Here are the levels and follow-through trades on my radar today.
Nasdaq
Microsoft Earnings: Why I’m Bullish on the Buyout News
Microsoft’s buyout offer has my attention ahead of earnings. I’m watching cloud growth, expenses, and the chart for confirmation—alongside an oversold Nasdaq and cybersecurity strength after my HACK purchase.
META & LRCX Drag Down the Nasdaq: What I’m Watching Next
I’m tracking the Nasdaq selloff after META and LRCX earnings, SMH’s 5.99% closing decline, and what SMH and QQQ did a week after similar selloffs. Here are the support levels and next week’s earnings setups I’m watching.
The Nasdaq Bounce Meets Its Earnings Test
I’m watching the Nasdaq’s 50 SMA as TSLA, LRCX, and other earnings test the bounce. Here’s my breakout signal and how I’m using my Five Star Market Map.
The Nasdaq 50 SMA Hold Is Critical
I’m watching the Nasdaq’s 50 SMA hold, semiconductor support, and NVDA’s Earnings Hot Zone as NFLX, TSLA, and LRCX earnings approach.
Market Rollover: Top Tickers to Watch
September Seasonality The indexes have been weak, with the Nasdaq rolling over again on Tuesday. Google (GOOGL), Microsoft (MSFT), Meta (META), Broadcom (AVGO), Apple (AAPL), Netflix (NFLX), and more all closed the day in the red, with Amazon (AMZN) leading the way down a stark -4%. News hit that the FTC is suing Amazon for … Read more
Short-Covering Rally: Upcoming?
The Put/Call Ratio The indexes have been stuck between a rock and a hard place, otherwise known as support and resistance. While many patterns have shifted to the downside, such as the Nasdaq (QQQ), S&P (SPY), Microsoft (MSFT), Apple (AAPL), Tesla (TSLA), and more, everyone is short. This is why traders need to be on … Read more
Will These Explosive Nasdaq Gains Continue?
Explosive Nasdaq Gains in 2023 As of this writing, the Nasdaq (NDX) is up 39% year to date. This move has occurred mainly on the backs of key mega-cap names, including Microsoft (MSFT), Tesla (TSLA), Apple Inc. (AAPL), Netflix (NFLX), Nvidia (NVDA), Advanced Micro Devices (AMD), and Meta (META). Check out the chart of the … Read more
Stocks to watch during earnings
‘Sell in May, go away’ is a term that is haunting me right now. The market has shown everyone extreme volatility lately, and the easy thing to do would be to sell and get out now. However, I think there would be major momentum moves I’d miss out on if I were to do … Read more
Hedging Strategies for Nasdaq Equity Options with Danielle Shay and Sean Fenney
Have you wondered if, or when I think about hedging? During this special guest webinar with Sean Fenney, the senior managing director at the Nasdaq, we discuss a variety of Nasdaq products you can use to hedge, along with the technical moments in time where hedging can be warranted. We walk through: Nasdaq equity index … Read more