Market Analysis

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

Hey traders! This week, I wanted to highlight analysis from my friend and well-respected colleague, Mary Ellen McGonagle! She primarily focuses on stocks with a 2-week to 9-month horizon depending on market conditions. Check out her guest newsletter below to learn more. Key Factors We’ll Cover: Outlook For The Broader Markets Going Into A Busy Week … Read more

After bottoming out around 3570 in the S&P futures, the indexes have meandered higher as short sellers cover positions on lows of the year. The short covering can lead to higher prices, which can also lead to buyers being enticed to join. However, in this instance, the short covering has been lackluster at best, and … Read more