Friday Q&A — December 2, 2022

Happy Friday, Evolvers! Yesterday, we saw a consolidation day in the major indexes as traders digested Wednesday’s massive surge to the upside. The huge market boost followed uncharacteristically dovish comments from Federal Reserve Chairman Jerome Powell during his...

Friday Q&A — November 25, 2022

Happy Friday, Evolvers! The markets are wrapping up the short week on a flat note, with the S&P 500 ETF Trust (NYSEARCA: SPY) closing -0.02% on the day.  While it’s been unusual to see any trading day this month close unchanged, I’m not really surprised by this on...

Friday Q&A — November 18, 2022

Happy Friday, Evolvers! As I warned about a few weeks ago, the ‘chopfest’ in the markets has continued… The S&P 500 ETF Trust (NYSEARCA: SPY) has gone up and down over and over again, ending the week near where it started. This trading environment is incredible...

Friday Q&A — November 11, 2022

Happy Friday, Evolvers! Yesterday, the consumer price index report came in cooler than expected, with inflation rising 0.4% in October. But what really matters is the market reaction … and it was incredible! The S&P 500 ETF Trust (NYSEARCA: SPY) surged as much as...

Friday Q&A — November 4, 2022

Happy Friday, Evolvers! As I mentioned yesterday, the market is extremely choppy right now, making it difficult to find reliable setups. One minute the market looks bullish, then moments later it looks extremely bearish.  I considered buying Amazon.com, Inc. (NASDAQ:...

Friday Q&A — October 28, 2022

Happy Friday, Evolvers! The markets are closing out a surprising week on a high note.  The S&P 500 ETF Trust (NYSEARCA: SPY) has surged more than 3% in the past five days, despite worse-than-expected earnings from Meta Platforms Inc. (NASDAQ: META), Amazon.com...