Posted on June 7th, 2023
Different Options Trading Styles to be Taught Last week you were provided an article of education from our resident Chartered Market Technician, (CMT), Clare White. CMT’s are professional technical analysts. There will be two articles per month from Clare and this week is the second one for the month. We will also continue to provide […]
Posted on June 2nd, 2023
Why wait to show you the chart on the SPY, the ETF that tracks the performance of publicly traded stocks in the S&P 500. One can see on the chart SPY tried to close above and maintain a breakout above prior resistance of 416-417. A conservative approach to trading technically is to give the security […]
Posted on May 31st, 2023
Technical Analysis can Provide an Advantage when Trading The Market Focus page of this week’s newsletter will highlight what a failed breakout of a security looks like in the charts. 4-trading days ago it looked the SPY was going to break out and run higher. It did break out but did NOT run higher. Much […]
Posted on May 26th, 2023
The Debt Crisis or potential debt crisis looming over congress and our economy has been a much-discussed topic. According to almost everything that has been written the deadline for them to come to a resolution, temporary or permanent is June 1, next Thursday. The Treasury Secretary is on record for saying if congress does not […]
Posted on May 24th, 2023
A New Approach to our Tom Gentile Weekly Newsletter I am thankful to each and every one of you for being a loyal subscriber to my tools and reader of my weekly newsletter. My goal is to provide you with Top-Tier education on the world of options trading. My goal is to help you realize […]
Posted on May 19th, 2023
Friday saw the end of the week for the financial markets listening in on a conference with Fed Chair Jerome Powell at the “Perspectives on Monetary Policy” panel in Washington, D.C. hosted by the central bank. All the Fed chairs are not unanimous in what they feel is the best approach in getting their target […]
Posted on May 17th, 2023
Dow Suffers its Fourth Down Day in a Row. Is There More to Come? It is possible the Dow continues to slide. The NADAQ however is positive on the week and the S&P500 is basically flat. The drag on today is being largely credited to shares of Disney trading significantly lower on their earnings and […]
Posted on May 16th, 2023
We typically educate you on assessing the market direction by using the SPDR S&P 500 ETF Trust (SPY), an ETF that tracks the S&P 500, as both of them represent the markets better than the smaller major index the Dow Jones Industrial Average or the Dow 30 aka the Dow. An ETF that tracks the […]
Posted on May 15th, 2023
One Thing the Stock Market Doesn’t Like is Uncertainty. Financial news networks and websites have shown commentary from Treasury Secretary Janet Yellen stating she believes things can get catastrophic for the economy if congress does not raise the debt ceiling. She is also said to have pointed out that the US government could run out […]
Posted on May 12th, 2023
In our ongoing quest to assess directional bias on the major market indices we see many patterns that give an indication the markets could trade higher, lower. We also see at times patterns or technical indicators that give an indication a market may continue or reverse their current trend. In the world of technical analysis, […]
