US stocks are climbing a wall of worry, yet again. Even amidst the most consequential global crisis in decades in the Russia-Ukraine war, stocks are still rising, even to the point of being at pre-invasion levels after this week’s price action. At the technical level, you couldn’t tell that the entire global economy is being […]
In the last ten or so years, the US stock market has been unrepentant in always ripping higher when we think the bear market is just around the corner. Even a massive pandemic in which policymakers responded to with global lockdowns couldn’t keep stocks down for more than a month or so. One of the […]
The March 2022 Federal Reserve meeting represents a massive shift in the Fed’s approach to monetary policy and inflation. For several months, Jay Powell has been flirting with hawkishness, but it’s been all talk. He’d say what everyone wants to hear but refuse to raise rates or taper the Fed’s balance sheet. Market participants have […]
The Island Reversal Pattern is a chart pattern that involves a gap in price, consolidation and then another gap in the opposite direction (creating an island of candles as you’ll see in the below charts). Intro In their attempt to understand the movement of prices in different financial markets, pioneers of technical analysis techniques have […]
Most people who start out trading have a small account, which falls in the $25,000 or less category. Day trading in a small account requires agility and precision in your trading. You don’t have the luxury of a ton of cash to fall back on so trading decisions need to be well thought out and […]
The Russia and Ukraine crisis have created countless second and third-order effects in markets that it’s dizzying. Last week, we saw the nickel market come to a complete halt and shut its doors for over a week in response to a violent short squeeze. In short, Russia is the world’s third largest nickel producer and […]
It was another eventful week in markets with the Fed dipping their toes into hawkish water for the first time since 2018, Russia and Ukraine still failing to reach a peace deal or compromise, and insane price action in the Chinese stock market. Before we go over what happened this week and what will happen […]
It was a very eventful week. We can’t possibly get to everything and still keep things brief. Keep in mind the Stalin quote – “there are decades where nothing happens; and there are weeks where decades happen.” when trading these markets. The Russia/Ukraine war is still going strong with the Russian troops just nine miles […]
“Watch the market leaders, the stocks that have led the charge upward in a bull market. That is where the action is and where the money is to be made. As the leaders go, so goes the entire market. If you cannot make money in the leaders, you are not going to make money in […]
A stock market or a stock exchange is a physical place or digital platform where day traders and other types of investors buy or sell stocks or shares of publicly listed companies. The Frankfurt Stock Exchange, founded in the late sixteenth century, is the world’s oldest stock market. A stock or a share represents […]
