Charts + Technical Analysis

Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.

The Monday Short Squeeze For a couple of months now, Monday’s on have represented bloodshed on Wall Street. But today, you have the bulls taking off, and squeezing the shorts in the process. For now, I consider this a dead cat bounce, but a dead cat bounce that could squeeze the shorts for days. While

Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.

Stocks seeing a resurgence of selling. I'm getting a sense that the street is continuing to de-leverage themselves from the Mag7 stocks at the expense of retail. You see, retail has made a killing since 2009 buying the dip. Sure there was that nasty bear market in 2022, but even that was quickly wiped away

Traders are frustrated A lot of traders starting to lose their minds with this stock market as it runs afoul of everything they’ve been conditioned to expect over the past two years, following the 2022 bear market. At this point, we all know this market is oversold. EVERYONE!

QQQ testing the 200-day moving average today The selling won’t stop today and now you have QQQ testing the 200-day moving average and even breaking below it – something that hasn’t been seen since January of 2023. During that time it was different; major stock market bottom had been formed and we were finally coming

Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.

I hate starting the new year on a losing trade. But that's exactly what I got today. Wasn't necessarily a bad trade - I managed the risk like I should, noticed fairly quickly into the trade that the market wasn't going to hold up and got out of the trade with less than half the

The stock market’s Santa Rally has delivered coal (so far) This is one of the problems with buying whole heartedly into seasonal factors, because it only works until it doesn’t and when it doesn’t, like it has done so far since the start of the Santa Rally on Christmas eve, it can wreck havoc on

Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum