Category Archives: TraderHank’s Stock Picks

At 14:00 after the FOMC minutes were released, the QQQ started a 5 minute down trend and with 15 minutes left in trading the Q’s finally triggered a 15 minute buy at major support.  If we open neutral tomorrow the … Continue reading →

After a huge gap up in the QQQ today, the market set the low of the day at lunch time and powered upward taking out the high of the day by closing at 67.21.  For tomorrow in the QQQ, I’d … Continue reading →

On Monday the QQQ gaped down to Thursday’s low of 63.60 area of major support and set the low of the day in the first 5 minutes.  Price then powered upward setting the high for the morning just after 11:00 … Continue reading →

Since 10:30 today the market has been under severe selling pressure setting the day’s low and ending the 5 minute down trend just after lunch at 2:15 pm reversal time.  The market did rally at 3:30 pm into the close … Continue reading →

Tomorrows News: 10:00 am – Business Inventories 10:30 Natural Gas Inventories 13:00 30 year bond auction  The Q’s closed today in a 5 minute downtrend and I would expect some follow through tomorrow.  We also have an M top forming … Continue reading →

By 3 pm today the Q’s ended the 5 minute down trend and finished the day in a sideways trend with the high at 65.20 and the low of 65.05.  For tomorrow expect a very similar market as today.  If … Continue reading →

The QQQ continued its sell off today making a new low of 65.20 by 11 am when price finally recovered and closed at 65.58.  For tomorrow if price moves immediately  below the 65.50 area which would trigger the hourly sell … Continue reading →