Bonds Are At a Pivot Point
By Licia Leslie May 25th, 2025 Hi Shoppers, Here is my weekly Ishares 7-10 Year Treasury Bond ETF (Ticker: IEF) chart: They are sitting on support here but need to close over that downtrend line in order to rally. Watch for a close over $94.28 and then we may be out of the woods. […]
Watch QQQ Below $513
By Licia Leslie May 23th, 2025 Hi Shoppers, The Invesco QQQ Trust (Ticker: QQQ) is sitting right at a pivot point: Once they begin trading below $513, they will trade down to the top of the gap created on May 12th at $501.50. That is a good amount of room to make […]
Bulls (Retail) and Bears (Banks) Are Battling It Out
By Licia Leslie May 21th, 2025 Hi Shoppers, As you know, I have been bullish going back to at least May 1st. Now we may be petering out here: The chart still looks bullish to the top of the pitchfork but yesterday’s inside day candle could turn into the change in trend […]
A Play in TQQQ
By Licia Leslie May 18th, 2025 Hi Shoppers, I think the the Invesco QQQ Trust (Ticker: QQQ) is going to trade higher: The next level of resistance is at $539. Looking at the ProShares UltraPro QQQ (Ticker: TQQQ), it is primed to trade up to $78: It has just cleared the 200 day moving […]
Change in Trend Signals on the Weekly Charts?
By Licia Leslie May 11th, 2025 Hi Shoppers, Friday was the quietest day in the market we’ve had in a while. Actually the whole week had the tightest range since the last week of December 2024. Of course we have the China tariff talks this weekend which could give the market the boost it […]
These Two Stocks are Going Higher
By Licia Leslie May 9, 2025 Hi Shoppers, Tesla (Ticker: TSLA) is still consolidating but maintaining the median line support level: I still think TSLA is on its way to $330. C3ai, Inc (Ticker: AI) is also gearing up to trade higher: My price target is $29.79. Looks to me like you need […]
AI Is Going to $25
By Licia Leslie May 2, 2025 Hi Shoppers, I like C3.ai (Ticker: AI) to $25: It is currently consolidating on the support level. I would wait for it to clear the most recent highs, $22.83, before hopping into calls and riding them to $25. Use a close below $21.78 as your stop […]
MRK Looks Ready to Rollover
By Licia Leslie May 2, 2025 Hi Shoppers, Merck (Ticker: MRK) has traded to the top of the channel (which we took advantage of) which is resistance with a possible change in trend doji: Now we do have confirmation of the stock trading lower on Thursday but before entering into some puts we need to […]
SPX Has Cleared the Median Line
By Licia Leslie April 30, 2025 Hi Shoppers, The S&P 500 (Ticker: SPX) has cleared and closed over the median line: It has also closed that gap created on April 3rd. Now today we need to watch as the SPX may try and revisit the median line at $5537 which could become a nice […]
SPX Is Approaching the Median Line
By Licia Leslie April 27, 2025 Hi Shoppers, The S&P 500 (Ticker: SPX) is following my pitchfork famously: Now the SPX is approaching the median line which comes in at $5537. Watch for a close above or below that level. If we clear it, the top of the next channel is at $5822. […]