Daily Market Analysis

2024-11-19

Mark As Read
Mark As Read

Review our intraday commentary to learn how we interpret price action and build a market narrative.

Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).

Abbreviated Comments View all

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09:30:38
Pete
PRE-OPEN MARKET COMMENTS TUESDAY - Biden has given the Ukraine permission to fire long-range missiles into Russia. This is going to pull the US further into the conflict and the market doesn't like it. Without aide from the US, the...
09:40:01
Pete
I like RDDT Be patient and wait for market support. You might get a pullback in the stock while you wait. I would have no issue bidding for a starter long at $132. The stock has great volume. 
09:42:56
Pete
I am also seeing a couple of nice green candles into the gap. That is what I wanted. I don't have the clarity yet to say that we are going to fly into the gap, but I would be willing...
09:43:58
Pete
Price alert set RDDT $132
09:53:32
Pete
"Pete you $%^& up. The market is going down." Look at RDDT. The stock is up. That is the beauty of trading relative strength. We have cushion if we pick the best stocks.
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