This week Allison Ostrander, Director of Risk Tolerance, shares a bearish trend pattern that sets up potential traps for bulls when price is trading near the 100 simple moving average (SMA). Allison graduated with a Bachelor of Fine Arts degree in Theatre and learned to trade to avoid being a starving artist while pursuing theatre. She now … Read more
In this video, Sam reviews the indexes, bonds, and sectors to determine the levels that need to hold for bulls to have a chance. He will also cover the alternative scenario in which those intraday levels are broken and what that would mean for the bearish case. You’ll notice that Sam refers to … Read more
This week, Sam Shames, VP of Options at Simpler Trading, shares his macro review on the markets, analysis of individual indexes, sectors, and stocks, and game plan for the week. Sam works to understand the markets through technical analysis and recognizing the distinct psychology and correlations of each chart. Sam Shames’ detailed report walks you … Read more
Kody Ashmore, the Director of Weekly Options Strategies, covers the recent dark pool levels and shows where the signal print suggests price is heading. Since Kody’s main goal in trading is to be able to produce a weekly income for a source of living, short-term trading has always had his attention. Kody seeks to actively … Read more
Kody Ashmore, the Director of Weekly Options Strategies, introduces and reviews the Dark Pool (and if it is suggesting this as the market bottom). Since Kody’s main goal in trading is to be able to produce a weekly income for a source of living, short-term trading has always had his attention. Kody seeks to actively … Read more
Yesterday we saw a large decline in mega-cap names Microsoft (MSFT) and Alphabet (GOOGL) after both companies reported earnings and sales that were well below estimates. Citing a strong dollar and high inflation among other factors, both companies warned of slower growth going forward amid a tough environment. Adding to the woes among Large Cap … Read more
Are we forming a market bottom? This week, Mary Ellen McGonagle reviews what’s driving the markets higher and what to look for this week’s potential rally. She also shared Group and Sector rotation that’s taking place. In the video below, Mary Ellen covers: What’s Driving The Markets Higher Are We Forming A Market Bottom Base … Read more
Are We In Rally Mode? Both the S&P 500 and the Nasdaq have posted gains for the week with the S&P 500 now above its 21-day moving average. A move above this moving average in early July this year led to a 6-week rally. As for the Nasdaq, the longer-term, weekly chart looks promising as … Read more
This week I share how to set up your chart to take advantage of intraday volatility. I also review my longer-term outlook for the markets and where the next area of support is for the S&P 500 Index. Key Factors We’ll Cover: What’s Driving The Market’s Volatility Key Area Of Support For The S&P 500 … Read more
Pepsico Pushes Higher Earnings season for the 3rd quarter has begun, with Pepsico (PEP) reporting earnings and sales results on Wednesday that were above estimates despite recognizing a $1.4B charge related to its withdrawal from Russian markets. Even more important for investors is the fact that management raised their guidance for organic revenue for the … Read more