Posted on September 28th, 2022
Fed Announcement Day! Today the Federal Reserve Chairman, Jerome Powell, announced the Fed is raising interest rates by 3/4 of a point taking their benchmark interest rate, the federal funds rate, to a new range of 3.0% to 3.25%. This is the highest it has been since early 2008. This is the third time in […]
Posted on September 27th, 2022
A Quick Lesson on Inter-Market Analysis Part Two The key thing I wanted to educate everyone on yesterday in my Part One lesson is I am trying to assess a directional bias for the financial markets overall. I then try to drill down as to what sector or corner of the market is seeing a […]
Posted on September 26th, 2022
When one hears the term ‘inter market Analysis’ what does that mean? Inter market analysis is a method of determining the strength or weakness of one or more asset class(es) or one or moresection of the financial markets relative to other related asset classes or financial markets respectively. One thing those of you readers or […]
Posted on September 23rd, 2022
Today marked the fourth day in a row the major indeces traded lower. This brings the markets to fresh, yearly closing lows for the year. You may hear or read in various financial news sources the rop is happening on rising fear of a recession. Rising? I didn’t know the fears went away and are […]
Posted on September 22nd, 2022
The S&P500 is down 0.8%, almost 1% on the day, This the second day in a row the markets are trading lower. Yesterday the Fed raised rates again and the markets had its typical bout of volatility on the announcement, but ultimately ended up much lower on its close. The chart of the SPY. the […]
Posted on September 21st, 2022
What is an ‘Inside Day’ and What does that mean for the Markets An Inside Day is part of a 2-period or 2-day pattern where the range of the day, (the Open High Low and Close) of a day is within the range of the previous period/day. Today wasn’t a picture-perfect Inside Day as the […]
Posted on September 20th, 2022
There really isn’t much more we can say today that we didn’t say yesterday. We are not going to promote day=trading per se in these daily educational articles. Our time duration for our option trades are typically option tht expire out 45-days on average and the patterns we look at are up to 30-days out. […]
Posted on September 19th, 2022
This week the Federal Reserve announces its decision on what to do with interest rates. The question isn’t IF they are going to raise or not, as that is a forgone conclusion. The questions isn’t even so much as to how much they are going to raise. Most it seems are expecting another 3/4-point hike. […]
Posted on September 16th, 2022
The major indexes continued their downward slide today. The question posed to many investment pros on a major financial news network is will the market simply end up finding a place to stop the slide and bounce or do more and trade higher OR will it need to retest the recent lows? Today’s price action […]
Posted on September 15th, 2022
This year has been a struggle for the Bulls as many will tell you we have been in a bear market year-to-date. This doesn’t mean EVERYTHING is being sold and going down in share price. There are still a stocks that are trading at or near their 52-week highs despite the overall bearish trend for […]
