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Category Archives: TraderHank’s Stock Picks
QQQ update for Friday, September 20th, 2013, and TraderHank’s stock picks…
After Yesterday’s sideways price action, If the Q’s trade or gap above the 79.70 area I would look to take the first 5 or 15 minute buy that occurs near 10 am or 10:30 am reversal time, I’d stay long until … Continue reading
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QQQ market play for Thursday, September 19th, 2013 and TraderHank’s stock picks
The QQQ ended the day with all time periods in an uptrend, thanks to the Fed. I’d look for more follow through to the upside tomorrow, but expect a narrow range day, which means, take your profit early and don’t … Continue reading
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QQQ market play update for Wednesday, September 18th, 2013 and TraderHank’s stock picks
The Q’s finally broke a lower pivot ending the 5 minute uptrend near the end of the trading day, even though, we are still in an uptrend on the 15 minute chart. If we happen to open neutral or slightly … Continue reading
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QQQ update and market play for Tuesday, September 17th, 2013 and TraderHank’s stock picks
The QQQ hit the low of the day near 77.67, an area of Major support, at 3:30 pm reversal time and powered upward to close @ 77.85 with our 5 minute downtrend still intact. If we open neutral I’d look … Continue reading
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QQQ update for Monday, September 16th, 2016 and TraderHank’s stock picks
The QQQ’s ended Friday’s day of trading @ 78.05 and in a 5 minute uptrend that followed a hard sell off into 10:30 reversal time. The prior run up in price could not produce a substantial higher high and thus … Continue reading
Posted in Daily Analysis, TraderHank's Stock Picks
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Market play in the QQQ for Friday the 13th, 2013 and TraderHank’s scary stock picks…
Happy Friday the 13th traders, with the Q’s 5 minute chart in a chop slop mess, I’m forced to go to the 15 minute chart to gain some clarity. Tomorrow we can’t go long unless the market trades throw or … Continue reading
Posted in Daily Analysis, TraderHank's Stock Picks
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QQQ market play for Wednesday, September 11th, 2013 and TraderHank’s stock picks
Presently the QQQ are in a sideways range and I’m not doing anything until we break out or break down. If we happen to gap up or trade above the 78.35 area, I’d look to play the first 5 minute … Continue reading
Posted in Market Update, TraderHank's Stock Picks
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QQQ market play for Tuesday, September 10th, 2013 and TraderHank’s stock picks…
The QQQ is currently on a 15 minute uptrend so for Tuesday morning I would be looking for a buy to trigger near the 77.70 area of minor support by 10 am reversal time. If we happen to gap over … Continue reading
Posted in Daily Analysis, TraderHank's Stock Picks
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QQQ Play update for Monday, September 9th, 2013 and TraderHank’s Long and Short List…
After Friday’s wild ride and afternoon break out above the 77.30 area in the QQQ, price did sell off breaking the prior pivot low near the 77.00 area and ending the uptrend on the 5 minute chart. Even though the … Continue reading
Posted in Daily Analysis, TraderHank's Stock Picks
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QQQ market play for Monday, August 19th, 2013 and TraderHank’s daily stock picks
The Q’s are stuck in a sideways trading range for the time being between 76.00-75.30 areas. I will continue to short the top and buy the bottoms until we have a break out of this area. I favor the shorts … Continue reading
Posted in Market Update, TraderHank's Stock Picks
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