Bank Earnings and Major Resistance to Watch on Dow Price Levels
The market’s down a random amount Tuesday morning, but there’s a lot of catalysts on deck we need to pay attention to… In terms of the big picture, the Russell 2000 (IWM) appears to be stalling out, much like Cathie Wood’s Ark Innovation ETF (NYSEArca: ARKK)....
The Biggest Threats and Opportunities This Week. Plus, an Explosive Ticker Ready to Break Out!
Market action this morning looks random with everything down a few points, but it’s not a great way to start the week. As far as earnings, there’s not much going on Monday, but Tuesday… boy oh boy, that’s when the fun begins! We have a bunch of major banks, Lockheed...
Financial Stocks to Watch, and My Top Day Trading Tickers for Friday
The Dow is up over 150 points this morning, and I’m going to make the assumption that it’s because of strong bank stock earnings… Friday is also the second official day of earnings season, and JPMorgan bounced about 3% after beating analyst expectations on higher...
Big Money & Algo Traders Are Flooding These Sectors As We Head Into July
It’s almost the 4th of July Holiday weekend, yay! But we still have one more full trading session before the fireworks hit the skie, so let’s dive right into it. In today’s Premarket Must Watch morning video, I cover: Which sectors are the big algo traders are...
HUGE Fed Report, Nike Earnings on Deck. Plus, My Favorite ETF and Option Pick
We have some BIG, market-moving news bits coming Thursday… First, gross domestic product came in at 2%, way above estimates of 1.3%. Jobless claims also came in under expectations at 239,000 versus 265,000. We also have big earnings on deck Thursday with Nike Inc....
A Major Warning for Chip, Tech Stocks. Plus, Actionable Options for Long, Short Trades
The Dow is holding up fairly well this morning but the Nasdaq is down quite a bit on the back of bad news concerning U.S. semiconductor chip manufacturers and China… The U.S. government is considering new restrictions on exports of AI chips to China… And big...