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 …
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 …
Take a look at this chart:
See anything that sticks out?
If you said “energy stocks,” you’d be right.
With gas prices rising and demand surging, energy stocks have dominated this market…
But now, with the Fed …
The S&P is down 30% off the highs, but it’s truly been a bloodbath in tech stocks.
Trying to time the bottom and hold for a longer move can be tempting, but you have to have a plan…
And think …