Stocks setting up for further downside. Phenomenal rally of late, but considering the overzealous nature of the market of late, and irrational behavior of the Robinhood Bro’s to keep buying the dip at a relentless pace, the SharePlanner Reversal Indicator is flashing reversal signs that further downside beyond what has [...]
Bearish Reversal Setting Up This has probably been one of the most unexplainable market rallies of our time. Of course when you realize the Fed has added unlimited amounts of funding to the financial market with no care for inflation, and even signaling negative interest rates in the near future, [...]
Technical Analysis: S&P 500 (SPX) rallied for a fifth straight day this week and well overextended. Still the market continues to rally. Volume on SPDRs S&P 500 (SPY) was once again above average and strong, though not to the same extent seen on Wednesday. Amazingly, SPY has been up 17 of the [...]
I was stopped out of Disney (DIS) – other than that, I had a really good day of trading yesterday. And it came from some random bank that honestly, I know nothing about. But that has been the difficulty with trading DIS of late – and I’ve traded it about six times [...]
Popular thought among traders is that emotional people aren’t suited to trade in the stock market. But is that really true? When I took the Myers-Briggs test to see what I would come out as, my reading was an INFP. I – Introversion N – Intuitive F – Feelings P [...]
