Author: Brad Ritter
Author: Brad Ritter
Market Update Into 11/15: A Slight Pullback Before New Highs?
The month of November has continued to be an exciting one with multiple sectors starting to get very hot as the markets continue to march higher even with a breather this week. This week the market was spooked by the […]
TrendSpider Recognized as 2021 Benzinga Global Fintech Awards Winner
Hosted by Benzinga, the firm helping investors achieve the next stage of their growth, as well as promote innovation across all spaces, the Benzinga Global Fintech Awards recognizes and awards those disruptive innovators that create positive and diverse changes in […]
$ETH Weekly Case Study: Raindrop Charts®, Anchored Accumulation/Distribution, Seasonality, and Fibonacci Extensions
Using a mix of technical indicators as well as non-technical indicators can help market participants get an edge in the markets. Using TrendSpider, we go over the different ways technical indicators such as Raindrop charts and “anchored accumulation/distribution” as well […]
$NIO Monthly Chart Case Study: Trend Zones, Seasonality, Raindrop Charts®, and Analyst Estimates
Using a mix of technical indicators as well as non-technical indicators can help with getting an edge in the markets. Using TrendSpider, we go over the different ways technical indicators such as Raindrop charts and non-technical indicators such as historical […]
Market Update Into 11/8: New All-Time Highs Across the Board
So far, November continues to be a hot month for $SPY, $QQQ, and especially $IWM. All broad market indices saw bullish price action throughout the week with some profit-taking into Friday’s close after hitting new all-time highs. IWM, in particular, […]
Market Update Into 11/1: October Ends With Fireworks
October ends with a bang as both $SPY and the $QQQ major indexes rally back-to-back weeks to fresh all-time highs! The Qs, in particular, ended strong Friday with an impressive rally from the $373 pivot level we were watching last […]
Market Update Into 10/25: We Are Back!
Continued strength from $SPY and $QQQ this week pushed to fresh all-time highs for $SPY while the Qs lag close behind. Yes, the world did not end, and the market has for now shaken off any threats of rising rates […]
Market Update Into 10/18: Recovery Season Here?
Back-to-back choppy weeks for $SPY and $QQQ have prompted mixed reviews from traders on what lies ahead for Q4. Some, argue a larger correction is justified while others shout “buy the dip” from their local keyboard. Monday trading opened slow […]
Market Update Into 10/11: A Choppy Start to October
Another week of sideways action fun! Monday trading opened in a panic flush for both the $SPY and $QQQ, $QQQ notably lost its $352 support early in the morning. The rest of the day and proceeding week was met with […]
Market Update Into 10/4: Indexes Hang On by a Thread
After a decent close Friday, Monday opened in a flush for the major indexes. Selling continued throughout the week leaving market participants in panic mode headed into Friday when we started to see some rebounds across the market. Next week […]