NKE
Nike is not a name that sees a ton of open market purchases.
We just had a director come out and pick up 10k shares, dropping a million dollars into the stock. This follows other big insiders …
Nike is not a name that sees a ton of open market purchases.
We just had a director come out and pick up 10k shares, dropping a million dollars into the stock. This follows other big insiders …
SPY Chart
Equities are attempting to carve out a higher low.
I’ve been watching the swing Anchored Volume Weighted Average Price (AVWAP) from the recent lows.
While we cleared under it on Thursday, enough buying happened to get it …
As I talked about in Monday’s Market Primer, we needed to pick up more price action before making a case for a continuation move. Now, we could be close to another push higher.
Let me show you the easiest …
The Fed fully telegraphing its policy into year-end, combined with easing commodity prices, has set the stage for possible shifts in sentiment and price action.
I’m not usually one to say “all-in” and call for a bottom for the year……
In the past, I’ve discussed the “tail wagging the dog” in the markets.
This is where a market is driven not by the underlying price action, but by considerable instability in a derivatives market.
We saw this with the GME …
Last week, we talked about how in a market crash, the best option is sometimes to be a buyer instead of a seller.
The risk-reward is much better.
But after publishing that piece, a few readers reached out to ask …