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Double Down or Double Trouble?
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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Watchlist Update: These Broken Leaders Have Lots of Room to Fall
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….
Why High Prices Are Here to Stay
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 …
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Video Update: Looking for New Lows in the Market?
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.
….Why Today’s Fed Announcement is So Important
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.
….Move Out of the Way When You See This Bearish Chart Pattern
The markets kicked off the new week yesterday by erasing Friday’s losses. However, the bulls still have a lot of work to do to make up for last week’s bloodbath. In the meantime, I want to talk about a bearish chart pattern that could help you play further downside in the market. We covered the …
The post Move Out of the Way When You See This Bearish….