Before the Bell Oct 13

Tickers discussed: SPY QQQ IWM FB AAPL TSLA MSFT  AMZN  GOOGL NFLX  SMH  URA

Before the Bell  is premarket prep for active traders. The note provides detailed stock market technical analysis focused on the indexes and FAAMGs. Key levels and trading locations are provided, along with trading plans and timely commentary to keep you on the right side of the trade.

Earnings 

Companion Video 

The video is a detailed technical review of the indexes and FATMAAN names. All the key trading levels are identified along with commentary and trade plans for each ticker. Trade ideas are also discussed.  Run the video at 1.25x to reduce run time.

Find the Video HERE

 

The ESG ( Energy Stops Growing )  Cascade and Green Transition

Looks like governments around the world are poised to force a transition to green and spiking costs be damned.

Here are the big trends I see

  • Hydro-carbon prices going higher and likely will stay there.
    • Why? Capex starvation and ESG banning investment in dirty hydrocarbons
    • Coal, NatGas, Oil all going higher.  IMO, nothing would delight the Global Climate Crowd more than $125 oil and $20 NatGas as they would use it to justify and even faster transition to Green Energy
  • Alternative fuels higher – Uranium
    • Sprott just started an Uranium Trust that is vacuuming up spare capacity which will, over time, keep a bid under Uranium
  • Solar -& Wind
    • Watching closely.  When do we find out that governments require solar be installed on all new construction?
  • Commodities
    • The world is too small to supply all the inputs to the green transformation
    • Copper, Aluminum, Lithium, Steel……….literally there are or will be structural deficits across the board.
  • EV Cars
    • When do we get word that gas-powered cars need to be 100% phased out by law?
      • CA just banned gas-powered lawn mowers and leaf blowers
    • Watch EV car space. THere will be winners and losers
    • Government subsidies will support the industry

Uranium Moonshot

Hydro Carbon Energy Prices are slamming the Euro-Greenies in the face.  The Green Party in Finland that has been at war with Nuclear for 40 years capitulated and has flipped pro-Nuclear. Not only that, they are now going to lobby the EU to regard Nuclear as Green.    THis is just the beginning for Uranium.

 

 

$URA Monthly

Check out the Fib levels.  Even simple retracements leave a ton of upside.  Fun Fact:  THis ETF launched just a few months before the Fukushima Nuclear disaster in Japan which cast a pall over the industry for a decade.

 

INDEX CHARTS

A detailed walk-through of the levels and trading strategy for the indexes is given in the video ( link above) . The static charts are provided for reference. The FATMAAN names are also reviewed in the video along with trade ideas and other charts of interest.

SPY 2 hour

SPY 30 min

QQQ 2 Hour

QQQ 30 Min

IWM 2 hour

IWM 30 min

 

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