Category: Prepare for the Trading Week

Despite a mid-week rout followed by a strong rally on Friday, this week was mostly a digestion week for the indices as little headway was made in terms of continuation higher. Next week begins big tech earnings, which could play […]

For all intents and purposes, this week was a very strong week across the indices. If you’re bullish leaning here, there’s quite a bit to like. That said, last year, when the markets got looking this way, it was due […]

The first trading week of the new year is in the books and, with the Nonfarm Payroll number announced on Friday, indices finally got a break out of the ranges they’ve been stuck in for the past few weeks! There […]

2022 has finally come to a close, and it feels like the collective sentiment amongst investors and traders alike is ‘Good riddance!’ The ‘Santa Rally’ was a bust, and here at year’s end, the indices find themselves in difficult spots, […]

The holidays have arrived and, for the most part, markets flatlined this week. Now, the question on everyone’s minds is whether or not there will be a Santa rally. Historically, the Santa rally starts on December 23rd and ends January […]

Last week, we noted that the rally across indices seemed to be losing steam. With such important data coming out this week (FOMC, CPI, and December OPEX), we knew to expect some serious volatility and that’s exactly what we got! […]

Bulls took a beating to start the week with the major indices selling off strongly for all of Monday and Tuesday. By Wednesday, buyers managed to regain some control, but the strength of this end-of-week rally has felt questionable, especially […]

Navigating this bear market has not been easy, but the bulls managed to catch some tailwinds throughout the month of November to close relatively strongly across the indices. That does not mean that we are yet out of the woods, […]

Though it appeared last week that a reversal might be on the horizon, markets continued their slow, low-volume grind higher this week. Being that Thanksgiving week is historically strong, this was a potential outcome, but now that it’s behind us, […]

Another tricky week is in the books, and markets are beginning to show signs that this rally might be coming to an end, with reversal candles appearing on the weekly time frame of all of the major indices. All in […]