Tuesday, January 9, 2024

Nasdaq 100 - A Super Run with Interest Rates Cut?

Market had a super run last evening. So many stocks were grasping fresh air after a week of profit taking and heavy selling. It was such a straight forward and easy night. Look at the 5 min chart, it was one straight linear fashion up without any resistance as the buyers just kept taking higher prices to support the underlying stocks. It could be that the market is anticipating this coming Thursday CPI data and pricing in for a rally. I don't know the answer but I know I traded and made profits out of it. 

Ronnard - Market Psychologist - A Stock Market Opportunist

Saturday, January 6, 2024

Nasdaq 100 - Wild Topsy-Turvy Trading Session

Wild trading last evening as the market endured a topsy-turvy session with some much unexpected twist and turns just one for interest rate decision. Traded $23.16m worth of stocks and it was a wild ride especially with so many semiconductor stocks moving up after a brutal sold down earlier this week. Met a beautiful client and shared with her some of my top stock picks while she was fascinated by my profits so far. It's going to be a easy year but then again it's going to get tough first before the sun rises again. 

Ronnard - Market Psychologist - A Stock Market Opportunist

Friday, January 5, 2024

Nasdaq 100 - Is This Market Going to Crash?

Is the Nasdaq 100 going to collapse soon? I studied the chart using the supply/demand zones theory where I found that the Nasdaq has broken down from the sellers zone and the retracement zone without any real form of buying yet. Maybe there was some short covering and that's about it. Looking at the strength of the sellers, it seemed as though that the market has more room for correction before a real rebound might materialized. Traded like $11,622,620 USD with cautious and I need to be extra careful with my future trades. 

Ronnard - Market Psychologist - A Stock Market Opportunist

Thursday, January 4, 2024

Nasdaq 100 - Traded $12.285M in a Crashing Market

Tough market last evening as the market continued to sell down in a new year 2024. Decided to trade and give it a try since I saw some not bad signals in the market and some great stocks which got cheaper for a good punt. Traded $12.285M and looking to cash in later next week. The Nasdaq 100 chart has a base building at the moment. But will it crash or turn up a little first? The top 30 stocks are flashing mix signals but turning points are every where in the 5 min chart. Let's see later.

Ronnard - Market Psychologist - A Stock Market Opportunist