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Guest Sean McLaughlin of All Star Charts shares a downside objective for the QQQ and an options strategy to play the pullback. Host David Keller, CMT focuses on earnings week including PFE, GM, COP, FANG and PYPL.
Guest Jeff Weiss, CMT of Clearview Trading Advisors reminds us to respect long-term trendlines for the S&P, Nasdaq and Value Line Arithmetic indexes. Host David Keller, CMT answers viewer questions on scanning for new highs, strength in the financial sector and $PTON.
Host David Keller, CMT updates key charts including a bearish divergence for the S&P 500 and the importance of price support at 4120. He also highlights sectors in long-established uptrends, the re-emergence of Energy and earnings plays for this week.
Host David Keller, CMT wraps the week including a bearish momentum divergence for the S&P 500 index as individual stocks signal potential trend exhaustion. Also viewer questions on scanning for new highs, Relative Rotation Graphs and charts of CROX and UPS.