The bulls pulled a 1-2 punch here with an Apple upgrade from Barclays and Taiwan Semiconductor beating earnings and upping guidance, and the market is responding.  In this video we’re going to cover the the near-term macro relationships to watch, the technical position of the market from an Elliott Wave point of view, as well as a sector rotation point of view from our Julius de Kempenaer who recently joined our team at TradingAnalysis.com.  Near-term we’re very bullish.  Longer-term however, I am concerned and here’s how we may approach it.

Todd Gordon

Todd Gordon

Founder and Lead Analyst of Trading Analysis

Todd has been trading as a career for the last 20+ years. His goal is to not only provide insightful analysis, but to teach people how to think and grow as professional traders. Todd is a practitioner of Elliott Wave Theory and he uses it to gain an edge in the highly competitive trading arena. In addition to trading professionally, Todd has worked as an analyst and researcher at two different hedge funds. Click Here To Learn More about Todd Gordon