Category: Technical Analysis

What is a Double Bottom and What Might it Mean for Stocks?

Posted on October 17th, 2022

In the world of technical analysis one of many things to analyze is where a market may top or bottom out. Once one can determine a place where that may happen they can initiate trades (and / or investments) that could benefit with a move from that top or bottom. What will be shown today […]

One Sector Bucking the Bearish Market Trend

Posted on October 7th, 2022

The Non-Farm Payroll number for the month of September was reported today. Nonfarm payrolls increased 263,000 for the month. This came in lower than estimates, which were for 275,000. The unemployment rate came in down 0.2 percentage point at 3.5%. The markets did not take this well and sold off and though we haven’t closed […]

Is This a Market Bounce or Market Comeback?

Posted on October 4th, 2022

Hard to say what it is with only experiencing two ‘trading’ days in October, but this bounce, and yes we are calling it a bounce until it can prove to do much more to the upside than it has, is pretty impressive. The S&P 500 was down close to 8% for the month of September. […]

How to Find Stocks that may be Turnaround Candidates

Posted on September 30th, 2022

The markets have been beaten up pretty good this year.  This article will address that and then educate on how to find what may be deemed turnaround candidates for when things recover. September is historically the worst month for the S&P500. It typically trades lower by an average of 0.5%. This year it is down […]

Lighter Volume Sell Off in the Stock Market Prior to Labor Day Weekend 

Posted on September 2nd, 2022

The financial markets are going to be closed this coming Monday due to it being Labor Day. This usually sees Investors and traders heading out a bit early on Friday. Also, you may hear of talk that some traders don’t like to hold options positions over the weekend due to the uncertainty of what could […]

One Day Does Not Make a Trend in the Stock Market 

Posted on September 1st, 2022

The precious 4-trading days have not been kind to the bulls. Today, was a bullish reversal day in which the daily price action on the Dow, NADASQ and S&P closed higher than their open. That is considered a bullish day. The short-term trend prior to today on the SPY has not been bullish,  The SPY […]

Should the Stock Market Bounce be Careful Thinking Bullish 

Posted on August 29th, 2022

Equities got crushed last Friday, with the Dow closing down a bit over 1.000 points. We could have seen a continued drop today, and we did, but not as severe as it did to end the week. It is possible some dollar cost averaging comes in to play and we see a bounce for a […]