Taking advantage of lower stock prices and higher option prices to position to be a buyer later and at better prices on the lower beta names in the DIA. [Read More...]
US Close – Stocks Crumble, Oil lower on demand concerns, Gold holding up, Bitcoin lower
US stocks are crumbling after Wall Street worries about economic growth after hearing a chorus of concerns of higher prices that won’t be easing anytime soon. The strength of the consumer will be tested as both Walmart and Target signal rising pricing pressures are not easing. The Dow Jones Industrial suffered its worst loss since 2020 as investors doubt the Fed will be able to deliver a soft landing as the inflation outlook might warrant much more aggressive tightening of monetary policy. The S&P 500 index fell below the 4,000 level which opened the door for a wave of technical selling. Consumer discretionary got hit the hardest as investors are reassessing the timing of when inflation will ease. It looks like the consumer has got a couple of rough … [Read More...]
Technical Analysis of Stocks: Understand the Pros and Cons
In today’s equities marketplace, the technical analysis of stocks is a popular discipline. Each day, millions of market participants use tools, indicators, and price action as primary decision-making mechanisms. Read on to learn more about the advantages and disadvantages of stock market technical analysis. The Technical Analysis of Stocks Technical analysis is the study of past and present price fluctuations to predict future market behavior. It is a go-to method in the forex, futures, and shares markets. Within the realm of equities, technical analysis helps market participants address volatility in shares, indices, and exchange-traded funds (ETFs) from a practical standpoint. Of course, you should remember a few important pros and cons when using technical analysis to trade and invest in stocks: Pros Every type … [Read More...]
Bull vs. Bear Market?
Yes, I know that this commentary normally comes out Friday evenings. But life got in the way yesterday and had to push it out to this morning. Gladly the S&P… [Read More...]