Built by Traders, for Traders
Built by Traders, for Traders
Today, we’re going to continue our ongoing chart pattern series with a pattern we’d all like to see take place in the broad market… Yes, I’m talking about a bottoming pattern that could tell us when the market will finally turn back to the upside. Of course, there are no guarantees in technical analysis or …
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Well, it was another brutal week for the stock market. As of Friday morning, the Nasdaq 100 Index was off by 4.6%. And that’s on top of a 5.8% decline the week before. To put this selloff into perspective, here is a heatmap of the last 30 days… There just aren’t many stocks worth buying …
The post Watchlist Update: These Broken Leaders Have Lots of Room to….
Prices are up for just about everything. But don’t expect them to come back down. At best, this is the new normal. The New Normal Of course, prices for some things will come down… Used cars, for example. At one point during the pandemic, used cars were selling for as much or more than new …
The post Why High Prices Are Here to Stay appeared first on….
After a crippling CPI report and with an aggressive Fed, investors are dumping stocks, and it looks like we are headed for new lows.
The post Video Update: Looking for New Lows in the Market? appeared first on Stock Surge Daily.
….As regular readers know, higher interest rates are bad for stocks, but excessive inflation is also not good for the economy or the markets.
The post Why Today’s Fed Announcement is So Important appeared first on Stock Surge Daily.
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Is This the Next Destination for the Market?
As traders, it’s important to remember that we cannot control the market. The market has a mind of its own, and it’s never going to do exactly what we expect it to. The only thing we can really do is go with the flow of what we’re seeing and react to it as best as …
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