Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
Built by Traders, for Traders
Ross Givens
Stock Trader & Educator
The S&P experienced a decent bounce of 2.6% last week. And since the recent bottom on June 17, the index has rallied as much as 10.3%. However, with the pullback we’ve seen over the past couple of sessions, the index is currently just 7.8% off its low. Some of that pullback may be in anticipation …
I mentioned in Monday’s Watchlist Update that I think the market is trying to form a bottom. This isn’t an overnight process, and it’s going to take some time before we know for sure that the bottom is in. However, it does seem that a few things have changed for the better in just the …
The post Why The Market May Be Set for an Extended Consolidation….
The last time we talked about Facebook, the stock had just plunged 26% overnight following a very disappointing earnings report. But a lot more has happened since then… Ever since a whistleblower released internal company memos showing how the platform causes mental harm to children last year, the company has been busy rebranding itself. As …
The post Why Mark Zuckerberg Just Shut Out Apple and Google….
Technology is historically one of the leaders in the market and one to keep an eye on for both market-leading trades as well as just confirming long trades in general. The Nasdaq 100 Index (NQ) is made up of large-cap technology stocks. As it moves, it can work to drive the whole market. And right …
The post Are the Bulls Coming Back to Technology Stocks? appeared….
About a month ago, I wrote an article called, Three Big Reasons Why The S&P 500 Could Fall Further. We looked at the S&P 500 index alongside the S&P 500 Volatility Index (VIX) as well as market breadth. Putting all three together, it was clear to me that stocks were in for further selling at …
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Is This Metaverse Leader Setting Up for a Big Stealth Breakout?
Regular readers know that the metaverse is basically a virtual reality (VR) world where everything happens totally online. Just strap on a VR headset, log in and you can begin interacting with the metaverse from the comfort of your own couch. Now, not everyone is a fan of this idea, but I’m extremely bullish on …
The post Is This Metaverse Leader Setting Up for a Big Stealth….