2 Key Lessons to Remember During This Unexpected Market Rally
Well, Evolvers … 2023 is off to a wild start! After last week’s choppy price action, the S&P 500 ETF Trust (NYSEARCA: SPY) surged into the new week in style, with the index up as much as 1.6% on Monday. The bears seemed to disappear as tech stocks soared and the...4 Steps to Take in a Choppy Market
There’s been a lot of choppy price action in the markets recently… Just look at the S&P 500 ETF Trust (NYSEARCA: SPY) 5-minute chart from last week … it looks like a rollercoaster! SPY 5-day 5-minute chart — courtesy of StocksToTrade.com During the first half of...Welcome to the ‘Chopfest’
Yesterday, we finally got some clarity on Fed policy, something the market had been anxiously anticipating… The Fed raised interest rates another 75 basis points … no surprise there. But how traders are interpreting Chairman Jerome Powell’s speech varies widely…...Crucial Considerations for Fed-Related Trading
This week, every trader on the planet is paying attention to one thing above all — the Federal Reserve’s monthly policy meeting. That said, in recent years, most traders haven’t cared about these Fed meetings. When interest rates were near zero for so long, there was...Is There Such a Thing as a Red-Day Strategy? Let’s Find Out…
When the market is in a period of uncommon and unpredictable price action — as it has been for the entirety of 2022 — traders need to adjust their game plans. If you attempt to play this market using the same patterns and setups you were trading in 2020 or 2021,...
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