Author: stonkgang

Owner of Stock Gang. A full time swing trader and financial independence author.

20th February 2024

A small gap down in the indexes but nothing to write home about. Last week the markets provided ample opportunity with some lovely pivotal entries and hyper extension plays. Now however, QQQ is testing the 17ema and indicators are sending mixed signals with very few setups. Nvidia earnings will no doubt have an impact on the overall market sentiment, so I wouldn’t be surprised for the tech sector to chop until then. One thing I

Read More

16th February 2024

As discussed a few days ago, the likelihood of seeing buyers enter Oil & Gas was high. Yesterday that finally took place with a strong range expansion and breadth increase. Energy is now the top performing sector this week. I trimmed loads of my XLE position into highs and will look to re-add if we pullback/consolidate here. I also plan to trim a little more China into this strong gap up. There has been tremendous

Read More