Category: Technical Analysis

Finding a Possible Purchase Price for Stocks (Pt. 2 of 2) 

Posted on May 23rd, 2022

You may have hears when it comes to technical analysis sometimes the patterns or setups become a self-fulfilling prophecy. If Enough People Use the Same Analysis on a Security The term self-fulfilling prophecy to me means there are enough investors and traders that see the same pattern or the same technical indicator (bullish OR bearish) […]

Finding a Possible Purchase Price for Stocks (Pt. 1 of 2) 

Posted on May 20th, 2022

When the markets are sliding like they are year-to-date one should work with their financial professional / broker on whether you go more to cash, re allocate your money to a different asset class or consider cost averaging stocks you own. It’s this last idea that I want to offer some insight to. Recognize I […]

Money Calendar in Today’s Market

Posted on May 13th, 2022

Past History Patterns for Bears Tough to Find We’d love nothing more than to highlight some bearish Money Calendar patterns that we could then show a Long-Put trade on, but the setups aren’t there. We have been highlighting bearish Call Credit Spreads in other places and the reason for that is so we can try […]

Fibonacci Retracement Levels for the Markets so Far in 2022

Posted on May 12th, 2022

I’ve written about Fibonacci in past articles, but for those needing a refresher know that the Fibonacci sequence is used in some people’s technical analysis. One takes the closing low and closing high over a period of time and then plots their software programs Fibonacci tool on the chart to assess potential support and resistance […]

A Japanese Candlestick Chart Pattern Indicating the Markets May Continue Lower

Posted on May 5th, 2022

The Markets Digested the Fed and Continued to Slide The markets like certainty. I said this previously in my Toms Newsletter for May 04, 2022. Based on today’s price action and the fact the markets had it’s worst or one of its worst trading days for 2022, it seems they only liked what they heard […]

Could the Markets Have Found a Bottom for Now?

Posted on May 2nd, 2022

Another Wild Ride in the Stock Market Today There have been times in this bearish market slide for the markets where the markets close higher for the day. It is then immediately followed up in the next day or two or three with a sell off. What makes us think this day, where the markets […]

Commentary from the Fed Shook the Markets this Week 

Posted on April 8th, 2022

Markets Direction While the Fed Tries to Fight Inflation The markets have experienced a nice upward, bullish run since the early March lows. That run has stalled and even peaked out starting 8-trade days ago and as of yet hasn’t given indication of a bottom for this pullback. So much commentary from the Fed / […]

US Non-Farm Payroll Numbers and the Stock Market 

Posted on April 1st, 2022

The jobs report came in showing growth of431,000 in March. This fell shy of expectations which were for growth of 490,000. The unemployment rate declined to 3.6%, below expectations. This put a damper on the futures which were much higher before the opening bell. Though falling short of expectations, one thing that could be looked […]

Options Strategies to Consider Based on Short-Term Implied Volatility 

Posted on March 25th, 2022

Implied Volatility Part of what makes up the premium of an option is what’s called Implied Volatility. The definition of Implied Volatility (IV) from Investopedia.com is implied volatility is  a metric that captures the market’s view of the likelihood of changes in a given security’s price. What we see is as is a means to […]

The Stock Market Reversed Today 

Posted on March 22nd, 2022

Does this Stock Market Move Off Recent Lows Have Legs? Yesterday, the market started its sell off after the comments from Fed Chairman Powell say about 12:30 pm US ET.  We know from Chairman Powell the Fed is prepared to use all the tools at its disposal to combat inflation. We have hear that before […]