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All Comments (13954)
stephen chu
stephen chu Apr 13, 2019 2:14PM ET
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ie Nasdq like healthcare has been lagging rest mkt and failed to break out. . QQQ have failed to break upper resistance for the entire week last week and crawled slightly higher from the rest of the mkt sentiment only - like healthcare that broke down last week - tech will most likely break down also next week IMHO. . tech earnings guidance is iIMHO going to be disappointing at best
stephen chu
stephen chu Apr 13, 2019 1:40PM ET
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global risks are heavily weighted to the downside. . QQQs have not been able to break upper resistance all of last week which shows this rally rally is showing signs of running out of steam. Volume is in decline since March 20, RSI is overbought and diverging, and price is coiling into a textbook wedge. The wedge may start breaking down next week and start heading lower which will confirm a pullback is imminent IMHO high probability to occur starting next week  to confirm
stephen chu
stephen chu Apr 12, 2019 3:48PM ET
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you will know exactly what I mean next few weeks about the tech story wink IMHO
Mudasar Bukhari
Mudasar Bukhari Apr 12, 2019 3:48PM ET
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should I sell confidently ?? pl guide
stephen chu
stephen chu Apr 12, 2019 3:48PM ET
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Mudasar Bukhari sorry I don't give buy sell advice. . just my views and where my money is and why. . you have to make your own decisions - trading is a very very difficult to succeed in as emotions always get in the way. . I am short nasdq thru sqqq 400,000 shares as mentioned earlier vs the futures. . . I was short last week on LABD 200,000 shares and made a lot of money. . NASDQ imho is next to pullback
stephen chu
stephen chu Apr 12, 2019 3:48PM ET
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I meant I was short healthcare last week thru LABD and made a lot of money and closed that position and now all in on SQQQ to short Nsdq
Mudasar Bukhari
Mudasar Bukhari Apr 12, 2019 3:48PM ET
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thanx stephen
stephen chu
stephen chu Apr 12, 2019 3:24PM ET
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the volatility is coming back in tech next week. . all the serious macro tech issues will come to roost IMHO
stephen chu
stephen chu Apr 12, 2019 3:21PM ET
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the rotation out of tech is coming next week , believe it or not tech has alot I mean alot of serious macro issues ahead IMHO
stephen chu
stephen chu Apr 12, 2019 3:10PM ET
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healthcare and tech will be the two weakest link in the indexes IMHO
stephen chu
stephen chu Apr 12, 2019 2:46PM ET
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small caps will weaken first, then nasdq next , s&P follows and etc. etc.. . today is the last leg of Nasdq for awhile IMHO. . position yourself for next week
Paul Wilson
Paul Wilson Apr 12, 2019 2:26PM ET
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Wow, the Magical Nasdaq keeps going up forever to infinity, it never falls.  Wow, that is so magical.  The Nasdaq is really a free market, but it floats like anti gravity, wow!! What a MAGICAL NASDAQ!
stephen chu
stephen chu Apr 12, 2019 2:26PM ET
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believe it or not the mkt internals are weakening as there is a lot of selling into any strength it will slowing unwind and start going down next week - today is the end of the drunken sailor's buying
Olivier Ve
lamborghinibull Apr 12, 2019 12:57PM ET
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nasdaq will drop like all of stock market then the big fish of Nasdaq will be very cheap in the bubble territory and nasdaq will boom very hard
stephen chu
stephen chu Apr 12, 2019 11:14AM ET
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position yourself for the NASDQ earnings recession coming
stephen chu
stephen chu Apr 12, 2019 10:55AM ET
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short term weakness coming position yourself today for next week IMHO
stephen chu
stephen chu Apr 12, 2019 10:39AM ET
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got  400,000 sqqq for the crappy FANG eaings coming
some guy
some guy Apr 12, 2019 10:39AM ET
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400,000 shares of SQQQ or $400,000 worth of SQQQ?. . I'm in TVIX
stephen chu
stephen chu Apr 12, 2019 10:20AM ET
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decelerating earnings on Nasdq components will send the QQQ down next week IMHO
stephen chu
stephen chu Apr 12, 2019 10:19AM ET
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its finally time to go short on the Nasdq - this is my very first call for shorting the Nasdq all year. . and I am very good and calling reversals in all the indexes . . I am the stock mkt whisperer
Alessandro Grace Berlingeri
Alessandro Grace Berlingeri Apr 11, 2019 3:50PM ET
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The chart is giving us the gas face.....
Alessandro Grace Berlingeri
Alessandro Grace Berlingeri Apr 11, 2019 3:45PM ET
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Reality … and Shabba Ranks in mind....I say Reality...
Alessandro Grace Berlingeri
Alessandro Grace Berlingeri Apr 11, 2019 3:21PM ET
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closing below 7589.69 = 7381.69
blue light
blue light Apr 11, 2019 11:44AM ET
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Today's alert: Today there was an alert about "Insiders Selling in large volumes at Facebook [FB]" -- and maybe they know something that we don't, but maybe this could be one of the reasons why: Facebook [FB] is developing a head-and-shoulders. -- https://invst.ly/airbc
Olivier Ve
lamborghinibull Apr 11, 2019 11:44AM ET
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they sell because they know next week it's a drop
blue light
blue light Apr 11, 2019 10:30AM ET
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Tesla [TSLA] -- downtrend channel well developed -- https://invst.ly/aiqbu
blue light
blue light Apr 11, 2019 10:24AM ET
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Micron [MU] -- wedge up pattern -- https://invst.ly/aiq8e
JB BOOKS
JBBOOKS Apr 11, 2019 9:59AM ET
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FNGD
blue light
blue light Apr 11, 2019 9:48AM ET
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NASDAQ 100 -- QQQ [ETF] -- Severe and strong resistance: -- https://invst.ly/aipu0
Olivier Ve
lamborghinibull Apr 11, 2019 8:58AM ET
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8000 = top?
Ahmet Atayev
Ahmet Atayev Apr 11, 2019 4:55AM ET
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time to bear
King Trader
King Trader Apr 11, 2019 3:24AM ET
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a Majority on feds meeting said that rates wont Hike. good news for stocks
 
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