There is one key factor that will help you find the best way to trade a crazy earnings week like we are heading into. Earnings are a wildcard that can really disrupt even the most perfect chart pattern. You can look at a chart and check off a long list of...
Just when it looking like the market might have a fighting chance, Capitol Hill throws water on the fire with the struggle to navigate the limits it placed on debt. We have seen this before where big news creates fear in markets and the selling starts. Now we are...
Bitcoin is grabbing some more attention as it tries to get its sea legs after getting completely decimated. This rally start has traders looking for a no hassle way to get in on a potential rebound without all of the hassles. We looked at this a while back in an...
The S&P had a strong week last week. In fact, the classic market bellwether moved above a key point to close out the week and set up a sign of a shift to a rally and a potential S&P reversal. It could be short term but we can take a look at the MACD to get a...
Nearly doubling in just a week seem definitely qualifies as a quick grab. The jobs data last week led us to look for a a pattern that we have had some great success with. When we looked at how traders might react to lay offs at some of the big tech names we spotted a...
Although it was down yesterday at the close, the S&P did make a move above the 50 day moving average. With earnings on the horizon, a total rebound is still a long shot but this latest move tell us what we can expect. This move again points to a churning market...
Recently Harley shot up 30%. The same indicator that telegraphed that move is lining up again. HOG felt the pain of 2022 like most other stocks but staged a rally in October. This move was signaled to anyone paying attention by two powerful signs. The first was the...
Inflation isn't letting up. Housing is in a transition. Congress can't get it together. The angst we have seen for the last 12 months is here to stay. But there are a couple places likely to see some positive moves. Clean energy is seeing a wave of growth and support...
Amazon, Salesforce, and Vimeo have all announced workforce cuts. On top of that, a key labor indicator is due out tomorrow. None of the news looks good for tech workers but the question we want to know is how will the market react. Wall Street could be optimistic that...
If you took a quick glance at the chart below, you may think it is a recent chart but it is an example of how patterns in the market can often repeat. This chart is of the 1999 dot com boom and bust. But it holds some lessons for us as we map out what to expect this...