The Market Has NO FEAR | Stock Market Analysis & 6 Trade Ideas - Video

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In the Mid-Week Market Update show, we do an in depth stock market analysis and show you trade ideas headed into the end of the week of November 3rd 2021.

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00:00 – Intro
00:13 – S&P Sectors
03:13 – Interest Rates (TNX & FOMC)
06:20 – Volatility Report
07:55 – SP500 Technical Analysis
10:26 – Market Internals
11:52 – Market Profile
15:50 – QQQ Technicals
17:00 – IWM Technicals
18:56 – Trade Ideas (T, MU, AFRM, NKE, AI, TTD)

Thanks Jerome! The SPY has hit all time highs due to the FOMC meeting, and has basically stated, that the market has no fear. Something to keep in mind is that we have the two resistance trend lines overhead and now might not be the best time for new risk friendly longs. Be aware of the risk for pullback, but dont try to blindly short the highs.

The QQQ and nasdaq stocks also made new highs and have no signs of a larger seller. Note that the FOMC and Powells taper had no effect, as the interest rate hike will be pushed off until the taper is complete. This obviously means the tech margins will remain on par for now.

IWM Russell 2000 and the small caps have now broken out of the year long range. Starting to look for opportunities for pullback buys and a double of the range that could theoretically take us into 255 area.

We also look at trade ideas in T, MU, AFRM, NKE, AI, TTD.

If you're a day trader looking to make fast money online this stock market analysis has you covered! Keep these areas of support and resistance in mind, as well as any technical patterns, before taking on the rest of the day trading week.

Going into the trading day with a plan is important and will give your trading the edge you need to be a successful retail day trader. This S&P500 analysis will give you that edge.

Instead of looking at stock market news and googling 'stocks to trade today' or best options to buy today, every Monday morning, technical analysis makes our job a lot easier. A quick glance at the stock chart can tell us where to expect buying and selling battles.

$SPY $QQQ $IWM — These are the three market index funds that are always on our trading watchlist. Some people call them hot stock picks but we like to call them our ATM.


#OptionsTrading #TradeIdeas #TechnicalAnalysis

DISCLAIMER: The information provided in this video is for informational purposes only. It should not be considered financial or legal advice. I am not a Registered Investment Advisor. Buying and selling financial instruments is highly speculative and carries risk.
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