About Frank Zorrilla

This author has not yet filled in any details.
So far Frank Zorrilla has created 605 blog entries.
22 02, 2024

$IWM weekly chart with notes. (possible trade idea).

By |2024-02-22T10:13:22-05:00February 22, 2024 10:13 am|

• $IWM has been stuck in a range for 1.8 years. • Top of the range, call it $200. The bottom of the range--162.50ish. • If you believe in targets, take the top of the range minus the bottom of the range and add that to the top of the range; $200-$162.50 = $37.50 + +200 = $237.50. • STOP: on the weekly chart, the $190 level looks like the proper initial sell stop. From current levels, that is about 4% away. The potential upside based on the stock range is about +19.9%. • On the daily chart, there is [...]

22 01, 2024

This Is How It’s Going So Far

By |2024-01-22T16:43:16-05:00January 22, 2024 4:43 pm|

Here is an excellent breakdown of the S&P 500’s YTD returns so far. As you can see, we have not had significant broad participation AGAIN, but things are always subject to change. The small caps look favorable, and positive action from that group can and will expand breadth, leading to more individual stock opportunities.

26 10, 2023

A Majority Of Stocks Have Been In A Bear Market For The Last Two Years

By |2023-10-26T11:16:33-04:00October 26, 2023 10:55 am|

The Russell 3000 is the ‘Market’; the ETF comprises almost all large and small caps. The index gives you a feel for the overall market, unlike some of the other indices that are dominated by a few stocks. Year-to-date, 1,654 out of 2,689 are down (61%). 52 out of the 100 of the TOP market Capitalization stocks are down YTD. 94 out of the 100 Lowest market Capitalization stocks are down YTD. Unlike any other, this year has been about seven stocks: APPLE, MICROSOFT, GOOGLE, Amazon, NVDA, TSLA, and META. The MAG-7 peaked in July; [...]

12 10, 2023

2023 Has Been A Unique Year, One Of One, Here Is Why

By |2023-10-12T13:28:18-04:00October 12, 2023 9:20 am|

What a year. The market has NEVER witnessed a year like 2023 (so far). The magnificent seven stocks, AAPL, MSFT, GOOGL, AMZN, NVDA, META, and TSLA, have masqueraded the overall weakness in most stocks. The annual contribution of the ten largest market cap-weighted stocks has accounted for 96.5% of this year’s S&P 500 return. In other words, the return of the other 493 stocks in the S&P 500 is less than +2% vs a gain of over +12% for the index. That is what you call narrow breadth. The closest year to 2023 is 2007 when the top 10 stocks [...]

10 10, 2023

Bullish Seasonality Starts Today

By |2023-10-10T15:25:05-04:00October 10, 2023 3:25 pm|

Bullish seasonality starts today. And right on cue, breadth expanded to more than just the magnificent seven stocks for the first time in a while. The bulls have their work cut out for them. With the economic and Middle East tensions, I wouldn’t throw caution to the wind just because of historically favorable seasonality. I would continue to look for long plays and short trades, specifically in individual stocks and not on the indices, which are heavily influenced by a few stocks. Aside from the magnificent seven: NVDA, MSFT, GOOGL. META, AAPL, AMZN. TSLA, most stocks have underperformed cash this [...]

22 05, 2023

Four Weekly Set-ups That Are Primed For Upside

By |2023-05-22T09:16:46-04:00May 22, 2023 9:16 am|

Our recent set-ups have been working well; $GOOGL, $AMD, $MU, $LRCX, $KLAC, and a few others. For this week, we flagged four more stocks that look primed for upside.   You can take advantage of what I do here; ZorTrades_Beta Use PROMO CODE 25off and get 25% off the annual subscription. I promise you; it’s probably the second-best deal on the web. You can also work with me via my managed assets program: WORK WITH ME.

7 05, 2023

Nasdaq 100 Weekly Chart Review and Trade Ideas

By |2023-05-07T18:12:44-04:00May 7, 2023 6:03 pm|

Here is a 20-minute video reviewing the 100 stocks that make up the Nasdaq 100. I highlighted ten stocks that are ready to move this week. I also give you a glimpse of how I look at charts and ways to look at risk and position sizing. Profit and Enjoy; $IDXX $AMD $LRCX $KLAC $DXCM $COST $MU $GOOGL $INTC You can take advantage of what I do here; ZorTrades_Beta Use PROMO CODE 25off and get 25% off the annual subscription. I promise you; it’s probably the second-best deal on the web. You can also work with me via my managed [...]

14 03, 2023

Fresh One Month Lows Signal A Bounce

By |2023-03-14T09:31:38-04:00March 14, 2023 9:31 am|

Fresh 1-month lows came in at 3,188, one of the highest readings in the last four years, and it signals a short-term bounce. However, after the initial pop, more often than not, the low is retested. The bottom line is if you wanted to lighten up, it probably pays to wait a few days and then do it. Secondly, if you are into playing bounces, the fresh one-month lows coupled with the McClellan Oscillator, which is oversold, gives you a good backdrop.

26 01, 2023

The Shorter Your Timeframe The More Entries Matter – SHOP

By |2023-01-26T12:24:02-05:00January 26, 2023 12:24 pm|

The shorter your timeframe, the more entries matter. In the short term, if you chase, you lose. Your goal as a short-term trader is to get involved on the first day of a potential multi-day move. If you are buying something already up 4-5 days in a row or trending on StockTwits or Twitter, you are too late for the party. $SHOP is a perfect example. The stock was trending on the social platforms after being up a few days in a row. $SHOP entry; […]

This information is issued solely for informational and educational purposes and does [...]
Go to Top