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SPY to $390 or $400?

June 24, 2022

  The bulls finally took control this week.  We saw the S&P 500 (SPY) rally into its daily 21 exponential moving average (EMA) at $390. We also saw heavily-weighted names like AMZN, GOOGL, and TSLA begin to rebuild the structure … Read more

Using Market Internals: $ADD, $TICK

June 21, 2022

  Let’s break down how I use my two favorite internals to better understand what moves the market. We’ll combine how to understand $ADD and $TICK with the overall market to get a better sense, gauge, and feel when you … Read more

Stop Buying Dip in Energy?

June 19, 2022

  Due to the Juneteenth holiday, the market is closed on Monday, June 20th so we have a short holiday week ahead. Energy (XLE) has been one of the strongest trends in the market this year. We’ve been buying every … Read more

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