Chart Check on Tech

Published on
May 10th, 2018
Duration
5 minutes

Chart Check on Tech

Technical Trader ·
Featuring

Published on: May 10th, 2018 • Duration: 5 minutes

Mark Newton of Newton Advisors takes a close look at tech stocks, particularly in relation to the S&P 500 overall, and then lays out his trade. Filmed on May 7, 2018.

Comments

  • SS
    Sophocles S.
    17 May 2018 @ 08:07
    2nd time we see XLK presented...
  • BC
    Burton C.
    10 May 2018 @ 23:51
    Well, he has made money in this trade already... good for him, but I would not chase this at this point, especially with two running gaps (urgency gaps ) on the daily chart over the past week. These type gaps are the most likely to be filled.
  • EK
    Eric K.
    10 May 2018 @ 19:33
    Really? The risk reward on that trade is 0.7. Who would chase after that?
  • KF
    Ken F.
    10 May 2018 @ 17:08
    Bubble chasing ok for traders not investors ....buy fear sell greed
    • EF
      Eric F.
      11 May 2018 @ 00:40
      To be fair Ken, they are trade ideas not investing ideas. But I’m with you, I’d prefer more investing focus content overall.
  • NH
    Nigel H.
    10 May 2018 @ 12:41
    Stop greater than target, so poor RR setup.
    • RM
      R M.
      10 May 2018 @ 13:14
      The multiple day delay in publishing this simply will not work with short term trades like this. RV, you gotta do better with these short pieces, put them up the same day!