On this week’s edition of Stock Talk with Joe Rabil, Joe explains the difference between a broken pattern vs a shakeout. Shakeouts are a good opportunity to buy after “weak”…
Stock
The rangebound nature of equity indices is a dangerous environment for passive investment vehicles and closet indexers. In this edition of the GoNoGo Charts show, using a top-down approach to…
The real reaction to today’s Fed meeting is likely to happen tomorrow. All eyes and ears were on Chairman Powell today. Most notable was how he and the markets were…
In this week’s edition of Trading Simplified, Dave continues his series on “The Wisdom of Jesse Livermore”, starting by discussing the fact that one of Livermore’s blow-ups stemmed from not realizing…
Today was Fed Decision Day, and investors were disappointed. No definite pause in interest rate hikes, but maybe just a little hint. As expected, the Fed raised interest rates by…
Empowering Your Trading Journey: Handpicked Trading Books Every Trader Should Read
As a closing gesture to the end of April, which, as you know, was Financial Literacy Month, we’re featuring a few trading books handpicked by some of the most respected…
Scanning the market for a tradable “event” might get you an express ticket to the “fast money” line of opportunity and risk. Bear in mind that an “event” is something…
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday, we said, “The bottom window…
Stocks began the day weak — weaker than most traders probably realized. As you can see in the intra-day chart below, short-term momentum, as measured by Real Motion, had rolled…
The stock market has had quite a week. First, there was JP Morgan Chase (JPM)’s takeover of First Republic Bank (FRC). Then came the warning from Janet Yellen that the…