Santa Or Suckers Rally?

So far this week, the S&P 500 has been ripping toward it's all time high. Is this the part of the Santa's rally or a suckers' rally?

In this S&P 500 technical analysis, we will analyze the S&P 500, review the stock market sentiments and its internals along with the FAANG+TSLA stocks to determine where the sp500 is heading.

Bull Trap Being Set?

The S&P 500 pulled back this week and gave the market participants a scare, then it bounces back toward the all time high. Is the S&P 500 setting up a bull trap? The Chinese large tech stocks such as BABA, BIDU, JD & TCEHY continue to sell off, while gold and oil price trying to hold firm. This doesn't look like a bull market for the S&P 500. In this video, we will analzye those Chinese tech stocks to see if they have reached a bottom and is it time to buy some of these stocks. We will also look at the S&P 500 price actions, review the stock market sentiments and its internals to determine where the sp500 is heading.

Pay Attention To The BIG PICTURE!

Sometime we are so focus on the daily ups and downs on the S&P 500, we tend to overlook the big picture. n this S&P 500 technical analysis, we will analyze the S&P 500, review the stock market sentiments and its internals to determine where the sp500 is heading. We will dispel one of the ridiculous myth lot of people seem to bought into it without fully understand its effectiveness. We will also review the FAANG+ stocks: FB, AAPL, AMZN, NFLX, GOOGL, TWTR, TSLA, NVDA, BABA, BIDU, and these stocks by request: AMD, JD & TCEHY.

Santa Claus Came Early

It appears Santa Claus came early this year to the stock market. In this weekly stock market update analysis, we will review the SP500, gold, crude oil, and the trade setup for these stocks: BA, DIS, AXP, NFLX, ORCL, FB, WYNN, LVS, BABA, PTON, BYND, ROKU, TSLA, LYFT, UBER and many more.

Stock Technical Analysis On Tradingview

I have recorded my stock technical analysis using tradingview.com for the first time. Here are the stocks on my current tradingview watch list: BA, FEYE, NFLX, ORCL, SOGO, FB, BABA, M, TNA, UNG, GE, GES, DBC, WYNN, ADI, TXN, MXIM, HIMX, AMBA, SMG, AXP, DIS.

Weekly Stock Market Update - 9/29/2019

The stock market had another wild swinging week. The SP500 closed at 2961.79, down 1.01% or 30.28 points. The Nasdaq 100 closed at 7681.58, down 1.81% or 141.97 points. Most of the damage was done on Tuesday by the impeachment inquiry news, and capped off by the trial balloon on Friday from the Trump administration on possible delisting Chinese companies from the US stock market. After the market sold off on that trial balloon, the U.S. Treasury and the White House were walking back that consideration on Saturday by issuing statement indicate it has no plan on delisting Chinese companies at this time.

In this weekly stock market update, we will review and analyze the stock market price action from last week and establish some possible near term scenarios for the stock market. Near the end of this update, we will analyze Alibaba (BABA) stock for possible trade opportunities after it has dropped more than 5% on Friday and 9.06% or $16.53 for the week, and see if we can capitalize on the White House retraction regarding delisting Chinese stocks from US stock exchanges.


SP500:

The past 3 weeks weekly price action formed a bearish evening star candle pattern near the ATH (all time high) of 3027.98.

On the daily chart of the SP500, we noticed the bearish evening star candle pattern from prior week and that flagged us to be on the lookout for a potential near term pullback. One of the pivot level we were watching was the 2978.57. If this level was violated on the downside, then we will focus on the price movement toward filling the gap below and moved back underneath the 2939.08 potential support level. On Friday, it dropped to an intraday low of 2945.53, short of filling the gap.

In the coming week, we will watch for a short term bounce back to test now the potential resistance level at 2978.57. If it proceeds to move up above this level, then it must move above the pivot high at 3021.99 in order to put in a higher high/higher low. Otherwise, if it fails to take out the resistance level at 2978.57 and the pivot high at 3021.99, then monitor the price to retrace and complete the gap fill. The next major downward move for the SP500 could be filling the gaps at 2921.86 and 2891.85 as it move toward potential major support near 2834.97.


Nasdaq 100:

The Nasdaq 100 weekly price action shows it had a inside week breakdown with a lower high.

The daily price action shows it has broken down from the prior week's bearish evening star candle pattern and dipped below the support level at 7747.08. It has filled the gap below 7747.08, and on Friday, it closed below the ascending trendline.

Next week, we will monitor for a possible short term bounce back above the prior support level at 7747.08. Unless it moves above the prior pivot high at 7975.33 to form a higher high/higher low, then we will resume on watching for continuation of the pullback toward the potential major support level near 7356.27. On this move down, there are some potential minor support levels to keep an eye on. They are 7584.82 and 7442.93.


Watch the video for a complete analysis of SPX, NDX, Emini SP500 (ES), Emini Nasdaq 100 (NQ), SPY, QQQ, and BABA.

Alibaba Stock Got Lifted By Earnings

Alibaba reported earnings last week and its stock price got lifted higher. In the video, we will analyze the stock to determine some of the possible price move scenarios. In addition, by request, I have also did technical anlysis on TCEHY at the end of this video.

Alibaba Stock Analysis For Earnings - 8/14/2019

This is a brief Alibaba stock analysis for earnings.

Click on this link to watch the Alibaba stock analysis pre-earnings video that analyze various price action scenarios: "Will Earnings Revitalize Alibaba"

Will Earnings Revitalize Alibaba Stock (BABA) ?

Will earnings revitalize Alibaba stock? Alibaba stock has loss more than 20% since the 2018 high. On Auguest 15, 2019, it will report earnings before the stock market open. In this video, we will analyze Alibaba stock and review the stock market expectations for Alibaba EPS and revenues, the latest analyst rating and price target for Alibaba stock, what the stock market has priced in for Alibaba stock after earnings, and what our Alibaba stock technical analysis tell us about possible price action scenarios.

Stock Market Crashed On China Trade Talk

The stock market crashed after the trade talk between US and China failed. In this stock market review video, we will analyze the market price action along with the FAANG stocks and the FAANG plus plus stocks.

Stock Market At Record High

The stock market has reached new high once again. In this video, we will look at the market and analyze these stocks & ETF:

SPY, QQQ, NIO, TLRY, ACB, LYFT, LEVI, RIOT, WYNN, LVS, ROKU, NVDA, MU, AMD, FB, AAPL, AMZN, NFLX, GOOGL, TWTR, BABA, TSLA, BIDU, CGC, CRON.

Stock Market Update (live) - 12/15/2018

In this live session, we will review and identify price levels to watch for the stock market indexes and their ETF. In addition, this week's video will also include BABA, MU, TSLA, NFLX, GOOGL, CRON, LVS & WYNN.

Click here to watch the video.

SP500 Reached All Time High

The stock market continues its march to record high last week, will it continues to make new record this week. In this video, we will look at the price action and identify some possible scenarios for the coming week for the stock market and these stocks: ROKU, TWTR, BABA, and the VIX.

Stock analyzed: ROKU, TWTR, BABA, VIX

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New All Time High For The Stock Market?

In this video, we'll take a look at the stock market indexes, the FANNG and some notable MOMO & semiconduct stocks, and identify some key price levels to watch in the near term.

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Earnings Season Is Upon Us Once Again - 4/15/2018

In this market update video, we will look at the index ETFs, the FAANG stocks, the following financials stocks that are scheduled to report earnings next week, BAC, GS, MS. and these MOMO stocks, NVAD, BABA, TSLA.

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Watch For The Obvious - 4/8/2018

In this stock market update, we will review the stock market index ETF and analyze the FAANG stocks for trade setup using technical analysis.

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Stock Market Waiting For Pace From FOMC - 3/18/2018

The market is expecting the FED to announce another rate hike in next week's FOMC meeting. What the market is waiting from the FED is the pace of future rate hikes.

In this video, we will identify some potential price action scenarios for the market and some widely watched stocks along with some key financial stocks going into the FOMC announcement.

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Stock Market Dead Cat Bounce or Short Squeeze? - 3/4/2018

The stock market had a nice bounce off the opening low after 3 consecutive down days. It rallied into the close during the last 30 minutes as OpEx approaches. Was this rally a short squeeze or simply a dead cat bounce from the recent selloff?

In this stock market update, we will review the stock market indexes, and analyze the #FAANG stocks for trade setup using technical analysis. In addition, we will also look at the price action from NVDA, BABA & TSLA.

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Thanksgiving Celebrated With Another New All Time High

The stock market continues to make new all time high, even in a holiday shorten trading week. Internals are still intact for newer high. In this video, we will review the stock market indices and their respective ETF, #FAANG stocks (FB, AAPL, AMZN, NFLX, GOOGL), TSLA, BABA, TWTR, BAC, GS, JPM, MRO, DVN and SPWR for possible near term price moves.

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Price Zones For #FAANG Stocks & Market Update - 11/19/2017

Price zones review for FB, AAPL, AMZN, NFLX, GOOGL, ROKU, TSLA, BABA, TWTR, and the Market.

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