Category: Newsletter

El Tigre Newsletter, Week of August 30th, 2022

Follow me on Twitter and Subscribe to my channel 🙂 Twitter Youtube New week, new opportunities. Many traders and investors overcomplicate a trade or an investment, not because they want to, but because there is so much information out there.   I want you to keep that in mind as you read and think about […]

El Tigre Newsletter, August 17th, 2022 – Do we short now?

Twitter Youtube FOMC Minutes Warn Federal Reserve Could Swing to Operating Loss Soon Minutes of the Federal Reserve’s most recent policy meeting released Wednesday offered a warning about the central bank’s ability to keep funding its operations at a profit. In a document describing the proceedings of the July 26-27 Federal Open Market Committee meeting, […]

El Tigre Newsletter, Week of August 15th, 2022

Follow me on Twitter and Subscribe to my channel 🙂  Twitter Youtube New week, new opportunities. Many traders and investors overcomplicate a trade or an investment, not because they want to, but rather because there is just so much information out there.  I believe in the mindset that less is more. I ran across this […]

El Tigre Newsletter, Week of August 8th, 2022

You can view last week’s newsletter and see how the evolution of the thought process unfolded: Wednesday, July 20th Sunday, July 24th Monday, July 25th Economic Agenda You can find the latest releases here:  Trading Economics The most anticpated report is going to be the US’s CPI report for July that comes out on Wednesday at […]

El Tigre Newsletter, Week of August 1st, 2022

Twitter Youtube Monday : $PINS $DVN Tuesday : $AMD $PYPL $CAT $ABNB $UBER  $BP  $SBUX Wednesday: $HOOD Thursday: $SQ $BABA Friday:  $DKNG After last week’s earnings report, I do not see any companies reporting earnings significantly impacting the overall market or investor outlook. These companies’ earnings are more so just for fun.You can review last week’s […]

El Tigre Watchlist, Monday July 25th, 2022

Earnings, Interest Rate Decision: Be sure you read my previous newsletter

  • Anticipated earnings for this week
  • FOMC rate decision on Wednesday
  • Key levels to take note of.

Key News:

  1. Walmart Cuts Profit Outlook read more here 

  2. Paul Krugman admits he was wrong about inflation read more here
  3. Jim Cramer’s week ahead read more here
  4. Learn how to trade using Exponential Moving Average: read here

Here is a video walkthrough of the information on this watchlist

S&P 500, SPX 

SPX, weekly timeframe shows us a change in momentum from bearish to neutral. 

  • The weekly candle closed around $3,965.1 (could go either way) 
  • The weekly candle closed above bove the 5 and 9-day exponential moving averages ( bullish ) 
  • The weekly candle closed above the upper downtrend line (bullish) 
  • The weekly candle closed below the 20-day exponential moving averages (bearish) 

SPX, weekly candle updated with Monday’s price action

  • Small range so far low on Monday is $3,943 and $3,975, $30 range.
  • SPX cash closing price was just above the $3,965 price level, which also happens to be between the 5-day and 9-day EMAs.
  • We will need a strong close below or above these moving averages before we decide to pull the trigger on anything.

SPX 4hour time frame shows signs of a pullback, a rally, and another sell-off. 

  • I used the 14-day and 30-day simple moving average for the below chart. 14 day is blue, and 30 day is orange. 
  • As long as SPX stays below the $3,965 level, we can anticipate sellers to be in control. 
  • Ideally, on this time frame – went to target the 14-day SMA and then the 30-day SMA, below $3,965, target $3,902. 
  • Depending on the strength of this move or even so when this moves happens ( keep in mind big company earnings are being reported this week and FOMC), we can bounce around $3,902 back up towards $3,965. 
  • Below the 14-day SMA, we will continue to sell off, $3,860 is possible this week. 

$SPX 4hour time frame using 5 day / 9 day / 20 day EMA

  • The current price is between our 5 day exponential moving average ( purple ) and 9 day exponential moving average.
  • Look for a clear entry to enter a short: If the price on a 5 min or a 15 minute time frame closes below $3,965 and below both the 5 day and 9 day EMA, the target price would be around $3,916 / $3,900.
  • Look for a clear entry to enter a short: If the price on a 5 min or a 15 minute time frame closes above $3,965 and above both the 5 day and 9 day EMA, the target price would be around $3,970.

Nvida, $NVDA

I need you guys to read on my previous post above $NVDA – click here.  

 

  • I am personally looking to short NVDA once again after seeing price action reject the $181.58 level. 
  • I see a potential head and shoulder pattern forming on the 2hour and 4-hour time frames. (see below) 
  • Ideally, I would like to get into puts once the price action is below $171.38. 
  • The entry for this trade will trigger when using the 5 min or the 15 min timeframe, price closes below the 5-day and 9-day EMAs. 
  • I like the $165 puts for July 29th, or the $160 puts for August 5th. 
  • Aim for 20 or 30 percent ROI 

NVDA, here is the head and shoulder I am seeing. 

Read more on how to trade this pattern here: The Best Chart Patterns for Trading

Snowflake, $SNOW

  • Sitting on $140 support level. 
  • 5 / 9 / 20-day exponential moving averages are bearish. 
  • Price is below all moving averages bearish. 
  • I would be looking to enter a short position if the price remains below the $140 price level, and remember to use your 5 min / 15 min time frame to find the entry. 
  • I like the $130 / $135 puts for this week and the $130 puts for next week.

Tesla $TSLA 

After a good earnings report, Tesla’s trading range increases yet again! Get ready for some crazy short and long trades.

TSLA, weekly candle – we can either jump up towards $900 or come back down to $763 – gotta love it.

  • The weekly candle closed below $837 (bearish). We could see this turn out to be a double top and cause the stock price to return to $800.
  • I have the range between $820 and $816 to be considered “premium burn” – where price action will just be consolidating.
  • I would personally wait for a clear entry to short: Price closing below $800 and below the 5-day and 9-day EMA on a 5 min or a 15 min candle and target price would be $790 / $780.
  • I would personally wait for a clear entry to go long: Price action closing above the $820 price level and the 5-day and 9-day EMA on a 5 min candle. The target price will be $832 /

 

Tesla, $TSLA 4hour time frame

  • If the stock price falls below $800, we can see the price coming back to $763 / $753.

 

 

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El Tigre Watchlist, Wednesday July 20th, 2022

El Tigre Watchlist, Wednesday, July 20th, 202 $SPY ladies and gentlement – I present you a “rip your face off” green hammer.  The question is not “is $SPY going to hit $395 tomorrow”, but rather “once $SPY hits $395 tomorrow, are we going to stay above, or are we going to sell off” $SPY chart […]

The Top 20 Candlestick patterns For Trading

  Last week we put together our list for the best chart patterns that we like to trade here at Tiger Wolf Capital. For those of you who enjoyed the last chart guide and found it helpful with creating your own trend analysis, we are back this week with our top candlestick pattern picks. There […]

El Tigre Watchlist, Tuesday July 19th, 2022

Bank and Tech companies kick off earning season for Quarter 2 of 2022. Apple, $AAPL (daily) Rejecting the $152 level, falling out of a rising wedge. Below $147, we can see $141 come very quick. I like $145puts for this week or $140 for next week / two weeks out. This rejection of the $152 […]

The Best Chart Patterns for Trading

With one month of trading down in 2022, we thought it would be the perfect time to put together a crash course of our favorite chart patterns. Now if you don’t know what chart patterns are, then this is the perfect place to start. For those who have more experience but had a difficult January […]

El Tigre Watchlist, Monday July 18th, 2022

$SPX (monthly, log scale) following the strong bearish candle close below the key purple trendline extending from 1985 with close below monthly 5/9/20ema converged. Current monthly candle appears to be taking a break as we have been consolidating in range for the past 5 weeks.   The purple trendline extending from 1985 has been a […]

El Tigre Watchlist, Tuesday July 12th, 2022

$SPX (weekly) we have been consolidating sideways for the past 4 weeks and that’s clear on the weekly timeframe. Last week’s candle close did not provide us with a clear direction as the weekly candle closed in the range of the prior week. For the last 4 weeks, we have been slowly consolidating towards the […]

El Tigre Watchlist, Monday May 9th, 2022

$SPX (monthly) Following the breakdown from April, SPX has now trading well below February, March, and April’s low prices. We are also now trading below the middle of the regression channel. This does indicate more lows to come in, potentially looking for $3,812.36 SPX, monthly   $SPX (weekly) Following the double top breakdown around the […]