In this video I show several earnings disasters and offer a little advise during this earnings season – it would wise to be flat a stock ahead of earnings. VIDEO: A Friendly Reminder – Don’t Hold into Earnings —————Masterclass: Jason Leavitt’s Masterclass in Trading—————
Update of Breadth Readings
Let’s do a quick update of several breadth readings. Less stocks were above their 5-day moving average on the most recent push higher than early-April high. Unlike last October, when the number of stocks at a 1-month high broke out of a base and followed through, we got no follow through on the most recent […]
Before the Open (Apr 24-28)
Good morning. Happy Friday. The Asian/Pacific markets did well. China, Japan, India, Taiwan and New Zealand led. Europe, Africa and the Middle East currently lean down. Poland, France, Turkey, Greece, Spain, Italy and the Czech Republic are down the most. Futures in the States point towards a down open for the cash market. ————— Online […]
The Internals Don’t Support a Move Higher
The market is doing moderately well. The S&P and Nas are near multimonth highs, and the Russell 2000 is basing. All are positioned to break out and attempt to run higher. But breadth is lagging. Participation lately has not kept up with the progress from the indexes. Let’s dig into the numbers. How many stocks […]
Before the Open (Apr 17-21)
Good morning. Happy Friday. The Asian/Pacific markets were mostly down. China, Hong Kong, South Korea and Taiwan suffered big losses. Europe, Africa and the Middle East currently lean down. Denmark, Greece and Portugal are up; Poland, the UAE, South Africa, Finland and Spain are down. Futures in the States point towards a flat open for […]
VIDEO: Day Trading the NQ and ES with MACD and Stochastic
In this video I go through some NQ and ES day trades using MACD and stochastic. You only need one simple trade setup to be a successful trader. Maybe this is it. VIDEO: Day Trading the NQ and ES with MACD and Stochastic —————Masterclass: Jason Leavitt’s Masterclass in Trading—————
Before the Open (Apr 10-14)
Good morning. Happy Friday. The Asian/Pacific markets did well. Japan, China, Hong Kong, South Korea, Taiwan, Australia, Indonesia and the Philippines posted solid gains; New Zealand was weak. Europe, Africa and the Middle East are currently doing well. The UK, Denmark, Poland, France, Germany, Greece, South Africa, Finland, Switzerland, Norway, Hungary, Spain, the Netherlands, Italy, […]
A Look at the World Indexes
Let’s take a look around the world. What’s leading? What’s lagging? What are the notable developments? A perspective I’m using is: In the US, the market topped in late 2021…bottomed in June and then in October 2022…and has generally been trending up since. With this in mind, we can note what’s outperforming and underperforming. Asia/Pacific […]
Summary of March Trade Ideas
Hello Traders and Investors, March was challenging, but we still got off numerous good trades. Paying attention to group strength and where money was flowing helped. Here are many of our trade ideas from the month. This is what we do at Leavitt Brothers – market analysis and trade ideas. How would your trading have gone […]
Before the Open (Apr 3-7)
Good morning. Happy Thursday. The Asian/Pacific markets leaned down but were quiet. Japan and South Korea were weak. Europe, Africa and the Middle East currently lean up. The UK, South Africa, Switzerland, Hungary, Spain, Italy, Portugal and the Czech Republic are doing well. Futures in the States point towards a slight down open for the […]