Search Results for: maga

October 19, 2018 by Dan • Trade Updates

On Wednesday I detailed my near-term bearish view on the Nasdaq 100, specifically the 4 or 5 stocks that make up a disproportionate amount of the index’s weight, read below. I wanted to quickly update …

Continue reading
October 17, 2018 by Dan • Trade Ideas

Shares of Netflix (NFLX) gapped up more than 10% this morning, briefly trading above $380 in the pre-market after posting subscriber growth that beat expectations. Shorts who were pressing the stock’s nearly 20% decline from …

Continue reading
October 10, 2018 by Dan • Trade Ideas

The S&P 500 (SPX) is down nearly 4% from its all-time highs made last month, approaching what some might view as an important technical level in 2800, just above its 200-day moving average: I suspect there …

Continue reading
October 2, 2020 by Dan • Trade Ideas

From July 1st to Sept 2nd the Nasdaq rose about 20%, leaving many investors/ traders/ pundits scratching their heads as to the reason for the daily new highs. Sept had a different feel resulting in …

Continue reading
September 28, 2020 by Dan • Trade Ideas

Earlier today Guy Adami and I discussed the technical set-up in mega-cap tech, you know F’MAGA (FB, MSFT, AAPL, GOOGL, AMZN), watch below: The take-away was quite simple, all but AAPL had broken their uptrends …

Continue reading
August 11, 2020 by Dan • Trade Ideas

This morning in Axios’s AM newsletter they had the following report that I thought was quite jarring: 1 big thing: Death spiral for consumers Many Americans are suffering from a quintuple whammy: unemployment, overdue rent, mounting …

Continue reading