Posted on April 7th, 2021
Headlines for market catalysts were scarce this morning and truthfully all day. The biggest news really was the release of JP Morgan Chase CEO Jamie Dimon’s annual letter. Here is a bit of what he had to say. “I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a […]
Posted on March 31st, 2021
Today was the last trading day of the first quarter and despite everything still NOT being back to normal in the US and the world, the Dow and S&P have fared pretty well. Equities in the NASDAQ haven’t done as well (2nd chart image below). It is ever so slightly up on the year, but […]
Posted on March 24th, 2021
I am highlighting what are seen as bearish candle reversal days (top image) which can also be seen in OHLC bars (bottom image). A bearish reversal day is formed when a security closes lower than it opened. Intra-day it was trading higher from the open and looked bullish, but then it reversed course and traded […]
Posted on March 17th, 2021
The Federal Reserve left interest rates unchanged. This announcement came out as it always does; 1pm US Eastern Time The markets popped up on that announcement and in its typical pattern of trade it almost immediately traded in the opposite direction from the initial move. That pop and drop (in today’s case), was short lived. […]
Posted on March 10th, 2021
$1.9 Trillion Stimulus/ Relief Bill passed in the Senate last Saturday and today the House. It goes to the President to sign in to action, which is expected to happen on Friday. At that point stimulus checks could be seen arriving to folks as early as next week. The Dow surged to all-time highs. There […]
Posted on March 3rd, 2021
Rising bond yields were the apparent boogeyman to the equities markets today. The S&P 500 fell 1.3%, the Dow Jones Industrial Average closed down 0.38%, lower and the NASDAQ was down 2.7%. Here is my last entry of last weeks ‘front page’ of the newsletter.A good place to start looking at opportunities could be sectors […]
Posted on February 24th, 2021
DOW 32,000! It isn’t there year, but it wouldn’t surprise me to see it gap up to that on the open tomorrow. The Dow closed at 31,961.86. Fed chair finished day two of his testimony today. The markets are closing in on fresh all-time highs and there is talk about inflation concerns and interest rates […]
Posted on February 17th, 2021
BITCOIN (BTC): Here are a couple of my most recent educational and informational videos on what I see going on with Bitcoin, which you can find on my YouTube Channel: https://www.youtube.com/user/TomsTradingRoom Title: Bitcoin HITS 50k | Don’t Buy #RIOT Stock – Do THIS instead Title: Move Over Bitcoin… THIS is the Future of Crypto #BTC […]
Posted on February 10th, 2021
What the Fed Said… Really nothing new. It seems Fed Chair Powell is still very concerned about the employment picture. He spoke at the Economic Club of New York, Powell saying the employment picture is a “long way” from where it needs to be. Interest rates (low interest rates) seem to be in place and […]
Posted on February 3rd, 2021
For those that haven’t seen nor head the announcement made yesterday… It is with great excitement I share with you that today Optionetics is moving to become part of the MoneyMapPress community. That means we will increase our ability to deliver great content to you, as well as expand our education beyond webinars and software […]
