Bitten by the FAANGs

  It’s vital, #traders, to track how the #FAANGs — $FB $AAPL $AMZN $NFLX (and throw in $TSLA $MSFT $AMD $SHOP as the pluses) – move from Oversold to Overbought to understand why the whole market rises or falls. Use Market Structure EDGE to do...

Fast Traders Knock $INTC Down

  On Market Structure EDGE, $INTC was 8/10 Overbought and 34% short, which aren’t bad. Not an entry point but not a clanging sell claxon either. Why down 15% on earnings? The #keybehavior was Fast Trading, which vanished at the open. Follow the money....

What Is Short Volume?

  Traders, #shortvolume– not short interest– is what matters. High short volume signals declining supply. Rather than pushing prices UP, trades stop filling. Price stalls. Momentum money leaves. Price falls.