do you see any pattern

XLY - kinda same vue as IYT 

Posted by imelhoe on 16th of May 2024 at 10:21 am

do you see any pattern to XRT? , 

bullish or bearish?

Update: UNG continues higher

UNG continues higher

Posted by matt on 16th of May 2024 at 10:05 am

IREN - Chart Link- very nice trade so far

VISA is a rolling out

Posted by steve on 16th of May 2024 at 10:01 am

VISA is a rolling out a major change by Summer which will make the 16 digit credit card number obsolete in the US.  You will only need one physical card now  connected to multiple banking accounts, both debit and credit.  The new card can be “customized”.    Next up: CDBC

Fedspeak

Posted by steve on 16th of May 2024 at 09:55 am

Fedspeak Today Starting at 10 EST with Barkin and Barr

Harker at 10:30 

Mester at 12:00 

Bostic 3:50

UNG continues higher

Posted by matt on 16th of May 2024 at 09:41 am

UNG - Chart Link- nice swing out of that wedge

$NATGAS - Chart Link- and again Natural Gas did come out a big support level that has held for 29 years

IREN nice move

Posted by matt on 16th of May 2024 at 09:38 am

IREN - Chart Link- nice idea from mla127 yesterday

WMT

Posted by matt on 16th of May 2024 at 09:34 am

WMT - Chart Linkgaparoo on earnings

technically it held that broken trendline

Philadelphia Fed Manufacturing Index (May)

Posted by steve on 16th of May 2024 at 08:31 am

Philadelphia Fed Manufacturing Index (May) 4.5 vs 7.7 Est.

USA Initial Jobless Claims 222K

Posted by steve on 16th of May 2024 at 08:30 am

USA Initial Jobless Claims 222K Vs 219K Est.; 232K Prior

Note IREN -newsletter reco- announced

Posted by angelique on 16th of May 2024 at 07:59 am

Note IREN -newsletter reco- announced a 500m mixed shelf offering after hours yesterday. Nice opportunity if support holds.

XLY - kinda same vue

Posted by raymuy on 16th of May 2024 at 06:58 am

XLY - kinda same vue as IYT 

IYT looks like a head

Posted by raymuy on 16th of May 2024 at 06:28 am

IYT looks like a head and shoulder showing up  - does not look strong 

you can also draw it

FXY Japanese Yen, US Dollar

Posted by raymuy on 16th of May 2024 at 02:14 am

you can also draw it this way 

Wednesday May 15th, 2024 Newsletter and Video

Posted by matt on 15th of May 2024 at 09:38 pm

Here's my newsletter and video review of the markets, our trading systems, commodities, trade ideas etc

Youtube Video Wednesday May 15th, 2024    - watch in full 1080 resolution on tablet or desktop NOT your phone

PLEASE leave a like and comment, helps the Youtube Algorithm to get out stuff more visible - I appreciate the support!

Newsletter Wednesday May 15th  standard Webpage Format  - contains all the dynamic chart links

Platinum monthly - been having

Posted by foody518 on 15th of May 2024 at 09:35 pm

Platinum monthly - been having a nice month

FXY Japanese Yen, US Dollar

Posted by matt on 15th of May 2024 at 07:45 pm

FXY - Chart Link- I think this looks lower risk given the US Dollar breaking support today, I bought some in after hrs, logical stop at that higher low

$USD - Chart Link- US Dollar

Thx Foody

Wow what a day

SMCI daily    watching

Posted by morton7 on 15th of May 2024 at 06:57 pm

Wow what a day

IBD finally called a follow-through

Posted by mastermind on 15th of May 2024 at 06:35 pm

IBD finally called a follow-through day due to the volume surge today. 

Thanks for this timely callout! Call option on this worked out great

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