CPI Coming Wednesday this week which should provide some more direction on the markets. What a volatility melt past few days. QQQ and SPY need to firm up over these short term 10/20 moving averages a bit so I wouldn't be surprised to see more choppiness before CPI on...
Josh Watch Lists
Josh WL 8/8/24
Big weakness on the backside of this move QQQ right on the 200sma and I think more fade can be in order VXX- will be looking weak open vs 65 for a long NVDA- will be looking vs 101 for a short QQQ- will be looking vs 435-438 for a short UPST- will...
Josh WL 8/6/24
CRWD- i am watching vs 218 for a continuation long QQQ- looks like we gap up but will have to see in the morning want to see how we do vs this 433-435 level SOXL- weak open push through todays hods and then reassess MELi- Outlier strength will be...
Josh WL 8/6/24
CRWD- i am watching vs 218 for a continuation long QQQ- looks like we gap up but will have to see in the morning want to see how we do vs this 433-435 level SOXL- weak open push through todays hods and then reassess MELi- Outlier strength will be...
Josh WL For 8/5/24
Volatility is Back and its great for trading. Couple of scenarios mapped out in my head so far. One being a gap down big and reverse, this is the one it feels like everyone wants, whether we get it or not is unknown. 2. Gap up small , grind out a little then give it...
Josh Scan 8/1/24
TMDX- this hit 172s after hours been a monster stock this year and want to see if pullbacks get absorbed for potential trend day AMD- big reversal of its earnings yesterday if market wants to push and fail off open will look for a short play QQQ- test of...
Josh Scan 7/30/24
NVDA- will be looking short vs 115 area SMCI- will watch vs yesterdays highs 730 for a fade this is getting close to the 200sma at 653 ASTS- ideally blows off and fade but still grinding higher on watch for laterPYPL- like the earnings reaction so far...
Josh Scan 7/29/24
ASTS- wow didnt look at this on Friday but what a nice move on this name 2months a 6 bagger (600%) - will be looking for any speed up for a short opp ideally on a gap day*** . Would just look for a short term pullback here this can easily go higher NVDA- gonna be a...
Josh Scan 7/26/24
Well WE GOT RANGE OUT there in big cap small cap take your pick. Traders market for sure. SOXL- tapping the 200sma here , as a guide still weakest sector but will watch vs 38 for days to come as a guide NVDA- will see how 110 acts for tomorrow def a 2...
Josh Scan 7/26/24
Well WE GOT RANGE OUT there in big cap small cap take your pick. Traders market for sure. SOXL- tapping the 200sma here , as a guide still weakest sector but will watch vs 38 for days to come as a guide NVDA- will see how 110 acts for tomorrow def a 2...
Josh Scan 7/24/24
NVDA- will look vs todays highs for a short and break of 50day this week STX- will watch this off open if wants to continue higher but am weary of market distribution here SMCI- will look for break of todays lows for more fade LNTH- if builds tomorrow...
Josh 7/22/24
QQQ - closed on week lows 3 days of orderly selling post open -below 10/20 day EMA 50day SMA- 470.43 important spot and only one average daily move away--- See ATR On a flush below the 50day would look for a buy point if it can form a higher low but for...
Josh Scan 7/19/24
TNA- will look long vs 43.50s for a potential reversion on a flush out long ZAPP- going to keep this on radar just in case they are trapping shorts for a bigger picture over 14.50/ 15 would get me interested with volume VIRT - will see where they are...
Josh Scan 7/16/24
TNA- historic move so far on the Russel will watch any big ramp on the open for a flush out. This trend can easily go higher but wouldn't be surprised to see some profit taking for a tradeIWM- same thoughts less leveraged trade ASML- earnings tomorrow post close...
Josh Scan 7/16/24
Nice rotate into BTC and Continuation of IWM. Some moderate rotation out of the Mag 7 with NVDA AMZN MSFT META all weaker. NVDA- will be looking vs todays highs for a short SOXL- will look for lower highs with NVDA NVDS- over 39 would convince me change in trend on...
Josh Scan 7/15/24
Earnings season really beginning this week and quantity of companies reporting will just speed up as we go on. Names im looking at reporting this week. GS ASML TSM NFLX ISRG . Not doing anything before the number but keeping on radar. RDDT- will be watching a weak...