Uncategorized Category
NVDA – February 19, 2024
Posted on February 19, 2024 Leave a Comment
Last post on NVDA: https://atomic-temporary-44460632.wpcomstaging.com/2023/08/11/nvda-august-11-2023/ When I look back at NVDA it’s been an interesting ride. I don’t trade it or own it, I enjoy charting it as a barometer of the overhyped insanity of this market. And, it’s a good use of my time picking off points of inflections and such .. I’m actually […]
KRE – February 18, 2024
Posted on February 18, 2024 1 Comment
Here is an intraday look (30 minute) chart of KRE. A “near perfect” sell pattern has formed .. ideally, we would like the KRE to make a move up into the short zone. Remember, IF this pattern fails (say that is a close (daily) above 62) then, I do imagine this will cause some fuel […]
DPZ – February 13, 2024
Posted on February 13, 2024 Leave a Comment
These are the type of shorts you wait for….which, of course, always means it could fail miserably so always have a risk controlled gameplan. If we break from current levels then try some short … or go full short if you really want, but I’ve been burned not waiting for the ABCD but with the […]
Natural Gas – February 12, 2024
Posted on February 12, 2024 Leave a Comment
The Monthly (continuous contract) Natural Gas pattern has failed. CTRL-ALT – DEL UNG: expect support in/around 10-12, wait for a WEEKLY/MONTHLY signal reversal and BUY. Take note of the RSI – haven’t pulled this rabbit out of the hat in a long time but – someone take a look and check on me – but […]
TLT – February 2, 2024
Posted on February 5, 2024 1 Comment
For now, I see this as an A-B-C correction w/ a move down occurring which should be BOUGHT to take up into the mid 100’s – for now. I say for now because I’m a little “stung” (not that bad but just “stunned” ) I didn’t see the size of the rally in equities. I […]
THIS is important – February 4, 2024
Posted on February 4, 2024 1 Comment
Banks lead us UP and Banks lead us down. https://www.cnn.com/2024/01/26/investing/premarket-stocks-trading-regional-banks/index.html True, we have ‘some’ indexes making new highs but we also have some well below there highs in 2023. Market appears fractured … Until Junk Bonds and the Financials really break out … I’m very cautious. According to EWT and the WSJ of the 11 […]
IBM – January 30, 2024
Posted on January 30, 2024 Leave a Comment
Last posts on IBM: Taking some off the table w/ IBM. Let the rest run w a stop below 174 on a daily close. Polarity – support is resistance and resistance is support. Certainly looks like a run to new highs …
Apple (AAPL) – January 28, 2024
Posted on January 28, 2024 1 Comment
Last post on AAPL: https://atomic-temporary-44460632.wpcomstaging.com/2023/09/12/apple-aapl-september-12-2023/ Well, looks like the “top of the circle” strikes again … I’ve been watching AAPL at a distance, not really paying attention to the company even though I have an Iphone and they know everything about me … more on that later, if you want. (?) But, took a look […]
AVGO Broadcom – January 28, 2024
Posted on January 28, 2024 2 Comments
Last post on AVGO: https://atomic-temporary-44460632.wpcomstaging.com/2024/01/22/avgo-broadcom-january-22-2024/ Top of the circle – hit. Remember, we have a rocketship here so PATIENCE will be and is KEY!
Bart's Charts 