While members of SharePlanner’s SharePlanner Trading Block receive my trades in real-time, I don’t typically make them public, but I figured since today was the first new trading day of the year, I’d let you all see what I was choosing to make as my first two trades of the new year. My first one
It takes a lot to get the market this oversold, and usually it comes on the heels of the bulls becoming completely exasperated. And that is what happened today when the bears drove this market another 65 points down on the S&P 500 following yesterday’s Fed sell-off, which happened to be the worst reaction ever
Information received since the Federal Open Market Committee met in November indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has remained low. Household spending has continued to grow strongly,
The stock market has been crashing over the last three months. Do you buy when everyone is selling, or do you wait, or should you sell what you have. That is the question everyone is wrestling with, and I discuss my approach and what I am doing in this video.
Sectors showing a lot of weakness still, and only a few that are holding up. The bulls can’t hold on to their gains at all, and each day is being met with a conviction to sell not matter how high the bulls run it up in the meantime. A lot of it is headline
The Bears have held strong ever since Monday’s huge gap up. They have essentially pillaged investors of all their gains from November, and all of 2018, and we are only seven days in.
After two hard weeks of selling, the bulls are set to finish higher on the week, and thereby lifting the optimism of Wall Street heading into the weekend. I’m 100% cash now, and I plan to keep it that way heading into the weekend. For reasons unbeknownst to me, traders are optimistic and have fueled
A lot of improvement this week in the sectors, but can it last? Considering the last sector update was on November 15th, things are much improved overall, but the market and related sectors as a whole are by no means out of the woods here. Stocks could certainly lose the current momentum next week
Technical analysis for the FAANG stocks following two hard months of selling. Now we are bouncing but what does it mean for Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX) and Google (GOOGL)? Not to mention the stock market as a whole and the indices as a whole. Should you go large cap or small