With the market pulling back nearly 14% over the past few days, I decided to take a punt on a potential recovery. I've opened a position in TQQQ , a 3x leveraged ETF tracking the Nasdaq 100 (top 100 tech stocks). In this post, I show how easy it is to place an order using a connected TradingView broker—in my case, TradeStation—and set up a bracket order with a...
Back at its original all time high back in 2021 but looking over extended with earnings not too far away. Both MACD and RSI looking expensive.
With earnings roughly 24 hours away, SMCI could be worth a watch. They will often drop around earnings and then put on a nice run, but with the RSI and MACD both looking like they are at a reasonable area as well as the crazy ongoing demand for chips SMCI might be worth a watch. I'll probably take a punt on it, but with a super tight stop loss in case it heads...
Just been having a bit of a look around for some lesser know and potentially more speculative stocks that meet the following criteria: Price is still below $100 Up 100% over the last 12 months Sales up year on year Sales up quarter on quarter In a nice consistent uptrend steadily making higher highs Has recently made a new period high Has had a 10%+...
With some overall market momentum from the interest rate change by the Fed I thought this stock might be worth a look. Pure technical play only. Sub $100 stock Has had a strong 100% run Has had a recent 15% pullback Looks like it is heading back up Strong volume RSI at a value area and heading back up MACD at a value area and looking like its heading back up
Close to a 20% drop for Nike on Friday which was its worst drop in the companies history. Might be one to watch for a short term recovery. Companies sales showing weakness so I wouldn't expect a bigger long term recovery. More an in and out type play or one with a close stop for the bargain hunters if they think it is oversold.
Might be the start of something great, or time for a pullback. Be interesting to know what impact the newer ETFs are having on it but either way some good momentum out there for now. You short term bullish or bearish? If bearish where do you think the pull back will be to? If bullish, feel free to apply smug mode :)
"Meta CEO Mark Zuckerberg announced a new paid subscription service for Facebook and Instagram on Sunday, granting users a hallowed blue check for a monthly fee. Meta Verified will cost $11.99 a month on web and $14.99 a month on iOS. It's launching in Australia and New Zealand this week ahead of a wider rollout. The subscription "lets you verify your account with...
Bit of news came out about new competition for ALAR but thats a pretty steep drop for a stock that has been announcing record profits. One to watch for the more speculative investors out there.
This one is a bit of a hack but follows on from my video on how to set STOP LOSSES on TradingView for Connected Brokers. To set a TRAILLING STOP LOSS you need to open your broker account, set the trade there and it will then be reflected on the TradingView interface. Basically a set and forget type approach.
One of the best features of TradingView is all the connected brokers and how you can not only place, but also move any take profit and stop losses around on the screen to match what you are seeing on your various indicators or support levels. Video also covers a way to gracefully exit out of a trade bit by bit if you are already up a long way and want to...
The MACD is one of the most often used indicators by traders of all levels due to its ability to communicate a wide variety of signals such as momentum, value, change of direction etc. Here is how to use TradingViews new 2.0 Screener to easily spot and get alerts for stocks that meet these conditions. If I was to make this video again, what I would do is instead...
Just for anyone who hasn't found it yet, here is a very easy way to switch between the dark and light modes on TradingView.
This has to be one of the best updates on TradingView in a while - certainly from my perspective. The TradingView Screener was what initially brought me to using TradingView to be able to quickly and easily filter thousands of stocks down to just the handful that met my criteria and that I wanted to research further to look at investing in. If you have ever had...
I've held MARA for quite a while now and it has been one of the best performers in my portfolio. For me it was to be able to buy into the Bitcoin speculation without having to directly buy Bitcoin. Whenever BTC went up, Mara behaved like an leveraged stock and would rise more significantly. When BTC went down, Mara of course would follow. It will be interesting...
SMCI is another company whose share price is strongly benefiting from the bubble in AI stocks and looked WAY over bought for the last few weeks. It is still up 776% over the last 12 months and that is after Fridays 20% pullback! NVIDIA who is leading the AI charge has earnings on Wednesday and depending on how that goes we might see a bounce on SMCI or a bigger...
"New Battery Crushes Tesla's Tech" is the heading I read on Yahoo Finance this morning. - finance.yahoo.com The article is originally from Benzinga and talks about how QuantumScape has a solid state battery that is significantly better than Teslas. What caught my interest with this one though is how far the stock has fallen from its bubbly launch highs as well...
This has been in the pipeline for quite a while but there was still an uncertainty around whether or not the SEC could continue to delay what most feel was inevitable. The bit that caught my interest though was mentions of Coinbases heavy involvment around helping "to address the SEC's manipulation concerns, Nasdaq and CBOE have created a market surveillance...