by Mark Croock | Feb 14, 2023 | Market Lessons
True mastery of any skill is incredibly rare. Out of all the individuals doing various jobs, tasks, and hobbies worldwide … only a tiny portion of them will become true masters at their craft. This is because most people don’t have the discipline or perseverance to...
by Mark Croock | Jan 24, 2023 | Market Lessons
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...
by Mark Croock | Jan 23, 2023 | Market Lessons
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...
by Mark Croock | Nov 3, 2022 | Market Lessons
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…...
by Mark Croock | Nov 1, 2022 | Market Lessons
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...
by Mark Croock | Oct 20, 2022 | Market Lessons
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,...