Category: Prepare for the Trading Week

Another month and another quarter are in the books, and for all intents and purposes, indexes performed exactly as they historically do in September; Poorly! We now look forward to the return of fall and Q4, with its brisk weather […]

This week, all eyes were on the FOMC meeting and the subsequent comments from its chairman, Jerome Powell. Market participants were clearly spooked by Powell’s notably hawkish stance and, as a result, the indexes sold off sharply, breaking below important […]

We are now at the halfway point of September, and markets appear to be teetering on the edge of another directional move. Though CPI data came in slightly hotter than expected mid-week, participants seemed to shrug it off. However, by […]

The first week of September is behind us, and so far, markets are acting exactly as they tend to this time of year. News came out mid-week of iPhone bans for many across China, adding fuel to the downside move […]

After five months of seemingly unrelenting strength, August found markets taking a much-needed breather.  The SPY and the QQQ made new monthly lows relative to July’s lows, while the IWM went inside, suggesting further consolidation was necessary for the struggling […]

The week started off strong, with market participants eagerly awaiting the earnings announcement from the behemoth, NVDA. The announcement came and it was good, causing markets to lift in after-hours on Wednesday. Unfortunately for bulls, though, those gains were given […]

It was another brutal week for the bulls, with powerful selloffs across each of the three major indices. The small caps bore the brunt of the downside move, but few stocks were safe from the renewed fears of higher rates […]

It was a tough week for the bulls, with all three major indices putting in red candles for a second week in a row. For now, this seems like just a healthy pullback to retest the previous highs from June. […]

It was a tumultuous week in the markets, with a US credit rating downgrade on Wednesday sending stocks into a tailspin. Bulls held out hope for earnings announcements from major tech players like AAPL and AMZN to save the falling […]

This week, the markets’ focus was the FOMC decision on Wednesday, where Powell and gang decided to raise interest rates by an additional 25 bps to the highest level in over 22 years. The action was muted leading into the […]