by adammesh | Oct 3, 2023 | News
As we have discussed time and time again throughout past issues of our Daily Smart Report, when support is broken it often turns into a resistance level. The same is true when resistance is broken, it then becomes support. The trade we have on watch today should...
by adammesh | Sep 22, 2023 | News
We cover a stock like Nvidia (NVDA) so often for a couple of important reasons. It’s a stock in play: This means the market is paying close attention to this stock. Whether that means investors are buying up shares or traders are trading calls/puts on the name. Either...
by adammesh | Sep 21, 2023 | News
The damage of the FOMC and Jerome Powell’s announcement has been done and it sent the market crashing with some of the major indexes falling over 1% from the day’s highs. However, this doesn’t mean there aren’t any trade setups we should be looking for. Just the...
by adammesh | Sep 20, 2023 | News
Today is a special day in the market, some traders even refer to it as the “Super Bowl” of trading sessions. Today is the day of another FOMC meeting where the Fed is set to make their latest announcement on what it plans to do in regards to interest rates. They refer...
by adammesh | Sep 19, 2023 | News
Today, the market opened up pretty weak ahead of this week’s FOMC meeting. This weakness should validate the trade we have set for today with Lam Research (LRCX). For this trade, we are looking at a particular zone, instead of a level, between 640-650. This zone has...
