Here’s the first part of the Daily Update I sent to members on July 15.
“Another day of excellent profits in what is still a challenging market. The extremely bearish chart structures continue to drive strong selling…
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$SNDK: Here’s why I believe gravity is still pulling hard.
$MU $DRAM $SMH #Sandisk
Read post$LCID is now weighing bankruptcy options.
We warned about this risk a few months ago: $LCID $TSLA
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Today’s market update is free. This is exactly what Patreon members receive after the market closes every trading day. If you find it valuable, consider joining us.
“Market Update Huge profits today, I hope you had a great day as well. This was pretty much the best-case scenario we…
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$MU: High-probability support $850 is likely to fail. Here’s why: 👇
Micron $MU is generating record profits, record margins, and record free cash flow. Ironically, that’s exactly why I’m bearish. In cyclical industries,…
Read postI rarely use heavy leverage, on average only about twice a year. When I do, it’s because I believe the risk/reward is exceptionally favorable, whether on the long or short side.
I’m sending a detailed push notification to Patreon members explaining why I’m increasing leverage in my own accounts and what I’m seeing…
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$SPY broke out of the triangle today. A new all-time high is now within reach and will likely act as a magnet for price.
Longer term, however, I still think the bulls are likely to fail. The main reason is that these yellow boxes have historically…
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$SNDK’s strong bull trend today is actually bad news for both the bulls and the bears. Here’s why:
For the bears, the reason is obvious, so I’ll skip that. For the bulls, today’s rally didn’t reset the buying climax enough.…
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$CRWV, Long term, I believe this yellow box will act as a launchpad toward $300 zone.
Short term, however, I don’t like the broader market. I think the odds favor a major downturn before the next sustained move…
Read post🚨 BREAKING:
The U.S. is revoking an Iran-related general license to export oil. A U.S. official also called Iran’s actions in the Strait of…
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