Whether your an investor or a day trader, knowing how to tell if a stock is bottoming out is a great way to find good entries in stocks. “Buy the dip” is one of the biggest memes on Financial Twitter (‘fintwit’). Users like Ramp Capital are famous for their relentless bullishness in the face of […]
What is a Blow-Off Top? In a vacuum, a blow-off top is a steep increase in volatility, volume, and rate of price change which ultimately leads to a collapse in the opposite direction. On a chart, the price pattern often resembles a cone. It steeply increases, reaches an extreme high, then steeply decreases, with the […]
When the average investor thinks about the software Wall Street uses, their mind usually turns to the Bloomberg Terminal. This legendary piece of software was released in the 1980s and is the brainchild of former New York City mayor Michael Bloomberg. The software is as ubiquitous on Wall Street trading desks today as it […]
Many of the best day traders in the world use momentum indicators and achieve outstanding results every year. Momentum traders assume the broader stock market is right and stocks that have shown a recent pattern of upward or downward movement will continue their path. To summarize a well-known phrase among traders, “the trend is […]
When you want to day trade stocks, options, currencies, futures, or other financial instruments, you need a broker who will execute the trades in the market on your behalf. The broker you choose is a very important decision. They will play a key role in helping you to trade in the market day in and […]
Housing starts for December 2020, reported in late January, hit a level not seen since 2006. A confluence of several factors is driving this trend which we’ll explain in this article. Translation: the housing market is booming once again. Is the boom here to stay, and how does this fare for the homebuilding industry? […]
Want to know how to switch stock brokers? Here’s a tutorial on what to do, how to prepare for a transfer and what to look for in your next broker. Intro The 2010s was a great decade for retail traders. Discount brokerages eliminated commissions, software offerings improved, minimum deposits went down, and brokers made […]
As a day trader, you know one of the keys to understanding price movement is analyzing volume trends which is where the Ease of Movement Indicator comes in. Volume and volatility go hand-in-hand and day traders need an ample amount of volatility in order to lock in large gains. In volatile markets, volume and […]
The epic short squeeze in GameStop (GME) is the biggest financial markets story since the Great Financial Crisis. We all know the story. Redditors noticed that the short interest in GameStop (GME) has been over 100% for a long time. As the stock ticked higher, the idea of a massive short squeeze went viral. […]
There are lots of SEC filings that stock traders and market analysts have to wade through, but few are as important as the SEC 13F Filings, which is filed by hedge funds and other institutional investment managers. The reason you have been hearing about this document recently is because of the Reddit trading frenzy […]
