My cat is in heaven playing with the large wreath I need to hang. She is loving all the decorations out as she thinks they are new toys for her to play with.
Are you at the Anaheim Workshop? We’ve got a full crowd here soaking in some technical analysis. Feel free to introduce yourself. I’m at the back table.
This cute 4 year old is my nephew’s oldest. She has spent the last 2.5 years beating leukemia. A couple of days ago she was able to ring the bell indicating she’s cancer free.
#givethanks
.
Yesterday in our Exploring thinkorswim class I forgot to show you how detaching several areas of thinkorswim could look. Here's a copy of my main monitor that is a 43 inch tv screen. My laptop is in the bottom left corner. Class Link:
We are officially in it, the Santa Claus Rally. According to the Traders Almanac, it's the trading days between Christmas and New Years plus first 2 trading days in January. Let's go Santa!
Not a recommendation.
#SantaClausRally
.
For those of you moving from thinkorswim from TD Ameritrade to Schwab, notice the following screen shots. Put in your Schwab account login. Click on the gear. On the second screen change from TD Ameritrade to Schwab and hit save. Not need to download anything different.
I took to our local mountains this weekend to see some autumn colors. Tucked away, and completely different from the rest of the terrain was "Mini Bryce" which looks similar to Bryce Canyon in southern Utah. My hair blends into the dominant color.
As you look at this 12 grid chart showing the last month of trading for each sector, which ones look short term bullish and which are bearish. This can be useful for short term momentum swing trades. Not a recommendation.
Someone asked me about the criteria for my Early Morning Movers Bullish scan. Although I'm not allowed to give you a script link, Brent Moors taught the scan near the end of this:
Characteristics and Risks of Standardized Options.
I’m not at this stadium today but I have my Chiefs gear on. I just hope it’s a competitive game. I’ve just learned more about Brock Purdy this week. What a unique and talented guy. If his team wins it wouldn’t be too bad. Go Chiefs and Andy Read.
Look at these cute girls who helped me deliver neighbor gifts. They were rewarded with hot chocolate and a box of candy for themselves. It was only 30 minutes of delightful “work”.
Sometimes looking at a bigger picture can be helpful. Although not perfect, some technicians might see consolidation in a flag pattern on the $SPX. What say you?
Despite a bearish market there are a handful of stocks still showing on our Early Morning Movers bullish scan. Some examples, not recommendations are: $AYX, $SPOT, $PRVB, $LGF/A, $KD, $THC, $TEX, $NEO. Let's see if they keep the momentum today.
Several Information Technology stocks are dominating our Early Morning Movers Bullish scan. Some examples, not recommendations are: $MU, $SHOP, $STM, $SSYS, $RMBS, $APP, $AEHR, $FLYW, $ACMR. Let's see how well the hold up today.
When a stock falls, like
#GOOGL
, its interesting to see where they find support and stop dropping. Around the $142 area this morning the stock touched the 61.8% Fib level but is hovering where there was previous resistance, now support. History can repeat itself.
I’m so glad my 86.5-year-old dad doesn’t act his age. One of his projects this year was to digitize and print family newsletters from 1994-2022. They are hard bound and in color. He also gave us pdfs and word documents on a thumb drive. He’s amazing!
A special thank you to all who have served and are currently serving in our military. A big thank you to your friends and family that miss you while you are away protecting our country. I honor you.
Can your thinkorswim do this? It can. Join me this afternoon at 4 ET for our Exploring thinkorswim webcast. We'll be focusing on getting the most out of your Gadgets. See you there.
A handful of stocks are showing up in our Early Morning Movers Bearish scan. Some examples, not recommendations are: $BAX, $BILL, $OVV, $NARI, $EVA, $CLFD. Let's see if they continue down today.
Despite the flat markets there are a few stocks in our Early Morning Movers Bullish scan. Some examples, not recommendations are: $NVDA, $ETNB, $ONON, $AEHR, $SMCI, $PERI, $SSYS, $BGS. Let's see if they keep their gains after the Fed announcement today.
$AI has been trading within a symmetrical triangle and is breaking out today. The height of the triangle is 16 points. With the breakout a potential target could be about 43 with an expectation the stock could move another 16 points. Let's see.
Not a recommendation.
Finally, additional stocks joining the results of our Early Morning Movers scan. Some examples, not recommendations include: $CVE, $SQM, $SBLK, $SFL, $RADI, $GO, $DCPH, $LPG, $ARLP. Let's see if momentum continues in these stocks tomorrow.
Several stocks are poised to announce earnings tomorrow before the market opens. You have a few minutes to get any new positions staked should you desire. Not a recommendation.
Several stocks with high volume are popping up in the Early Morning Movers Bullish scan. Some examples, not recommendations are:
#PLTR
,
#VALE
,
#COIN
,
#TAL
,
#SNAP
,
#PDD
,
#FUTU
,
#PATH
,
#EC
. Let's see if their momentum lasts the day.
For those going through an account conversion this weekend you may want to share the thinkscripts you want use in your thinkorswim Schwab. Share and copy the URLs to a document. Once converted open Schwab version and import the links. Or do now if you have a Schwab account.
A look at my detached items on a 43 inch tv. Laptop screen is showing on the bottom left. This a follow up from our Workshop tonight.
No recommendations from the screen.
Which sectors are bringing the markets down? Well technically all of them with less than a couple of hours before the markets close. Not a recommendation.
A handful of stocks are popping up in our Early Morning Movers scan. Some examples, not recommendations are: $WBD, $APLS, $RCM, $MNSO, $MNDY, $SBH, $VTYX, $WWW, $LGF/B. Let's see if they can hold those gains today.
#SMCI
has been on an massive bull run. Today a bearish engulfing candle indicates potential reversal. On a Flag Pole pattern make sure the flag forming doesn't go more than 3/4 of the way back down the flag pole. If it does, it's no longer a flag.
Not a recommendation.
It's almost the closing bell for the day. A whole slew of different stocks are showing on the Early Morning Movers scan. Some examples, not recommendations are:
#GLW
,
#CHWY
,
#ARM
,
#EVNX
,
#INSM
,
#AVGO
,
#TGTX
,
#CLS
,
#GATO
. Let's see if they continue their runs tomorrow.
Several stocks are popping up in our Early Morning Movers scan. Some examples, not recommendations are: $ONON, $COIN, $ZIM, $CERT, $AGL, $ATEC, $KALA, $WWW, $TNK. Let's see if they hold their gains today.
Several Information Technology Sector stocks are showing in our Early Morning Movers scan. Some examples, not recommendations are: $NVDA, $U, $SHOP, $ON, $FIS, $CDAY, $OKTA, $NET. Let's see how this momentum keeps up today.