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Showing posts from October, 2022

Google Third Straight Disappointing Earnings. Where It Goes From Here...

Alphabet (GOOG -9.6%) led a bearish market charge after reporting disappointing quarterly earnings .  The company missed quarterly EPS projections for the third quarter in a row, as advertisers reduce spending.  We also take at the overall sentiment of the market.  Watch this video to get the technicals and what to expect moving forward.  Good trading!  Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any f

Bitcoin and Ethereum Funds: Two Unusual Activities That Could Result in a Big Move

Today we take a look at the technicals for Bitcoin and Ethereum. The crypto market has been quiet for several months.   On Friday we detected unusual dark pool activities (large block orders) in the Bitcoin Trust Fund and Ethereum Trust Fund, GBTC and ETHE respectively. When smart money know something, they place large orders in the dark pool exchanges, away from the public eye. By doing so, they are positioning themselves ahead of the crowds, in order to benefit from move that will follow, once the news or report is made public. However, dark pool activities   do not   tell us the direction of the next move. It only tell us that a large order(s) has been placed. Only a breakout (bullish) about a resistance level, or a breakdown (bearish) below a support level can confirm the direction of the next move. So, what can be expect next? Watch this video to find and to get the technical insights.  Good trading! Trading Risk Disclaimer All the information shared is provided for educational

Kal's Option Trade of the Week - SLV Vertical

  This week we are doing something a little different. We are starting with an assumption that we believe Silver (SLV) will continue upwards in the short term.  While usually we would look to trade around the 45 day window and let duration beat direction, we are making a different assumption this time.  We are betting on a short term continuation of silver to the upside.  So we will shorten our timeframe to the closest expiration cycle above 30 days and look to manage this trade more aggressively, if it shows a profit in the next couple of weeks.  Watch this video to get the trade details and learn. Hope you enjoy it! Kal Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is als

Netflix Explosive Earnings and Market Update. Watch Video

Netflix reported better-than-expected earnings , beating on revenue and sending the price up 17% in the post market. We also take at the overall sentiment of the market. Watch  this video  to get the technicals and what to expect moving forward. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, fu

Market drops, recovers and runs. Is it rally time? Watch video. Plus a watch list

Today the market was a roller coaster. Prior to the open, all indices were down almost 3% following a discouraging September CPI report, showing inflation up 8.2% from the same month last year. Despite the disappointing numbers and the heavy premarket drop, after the opening, things started to take a positive turn. By the end of the day, all indices were up almost 3%! Today's price action displayed the same pattern formation across all indices: a bullish engulfing, which is potentially indicative, of the beginning of a bullish reversal. Now, inflation still runs high, the Feds are nuts and things are still a mess out there. So caution is still a requirement. However, there's hope. Let's see what happens next.  Watch this video to get the technicals and what to expect moving forward. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own r

Is the Market Ready for a Bounce? Also Twitter and Elon Musk in the News Again!

Stocks rallied for a second day.  The major indices opened higher and never really lost ground, closing near the high of the day. The  S&P 500, Nasdaq Composite, and Dow Jones Industrial Average rose more than 5% in the last two sessions. Hopes that the Fed will slow rate hikes is what drove today's upside momentum. Is market ready to rally? Also Twitter and Elon Musk in the news again! Watch this video to get the technicals and what to expect moving forward. Good trading! Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your ow