A month ago, the Nasdaq Chart was in the bottom right corner. Tech layoffs were being announced, and the CEO/CFO/CIO teams were preparing for a terrible 2023. A month later, the market looks almost silly,…
Category:
Stocks
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Three big bellwether stocks announced earnings on the same day, after the close, and they all missed estimates. Does that mean the Technology sector will head lower? Not necessarily. Technically, ahead of earnings, the charts…
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Today is Friday; however, when the markets drew to a close on Thursday, it left both major events behind itself while it also navigated the weekly options expiry. The markets are having an immensely volatile…
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In this week’s edition of the GoNoGo Charts show, Alex and Tyler take a macro top-down approach to understanding what technical analysis is telling us about market moves. Starting with an Asset Map and moving…
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On this week’s edition of Stock Talk with Joe Rabil, Joe shows off a different pattern that was not included in his book. Using MACD and Price/MA together, we can identify a potential turning point.…
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In the second half of 2022, the price chart for XLY started to form a falling wedge pattern. This pattern or formation is characterized by two converging trendlines, BOTH moving lower. The falling wedge variant…
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SPX Monitoring Purposes: Sold long SPX 1/27/23 at 4070.56 = Gain 6.51%; Long on 12/20/22 at 3821.62. The top window is the cumulative GDX Up Down Volume percent with a 200-day average, and the bottom…
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Gain insight into the Fed’s interest rate decision and explore how you can strategize your trades in the future. CHARTWATCHERS KEY POINTS The Fed raises interest rates by 25 basis points (0.25 percentage points).Stock markets…
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By the time you read this, the buzz of what the Fed did and Powell’s presser will be over… at least for the day. We will not repeat the obvious. What we are way more…
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In this week’s edition of Trading Simplified, Dave jumps right into his “Mind The Trade” segment with a discussion on how markets really work. He then explains how embracing your own emotional nature can help you…