Market Notes: Yesterday I called the rally a dead cat bounce. Future are indicating this is the case, making fresh lows overnight. At writing futures remain in the red but less than 1% down. S&P 500 future fell more than 2% in the early morning. It’s Friday and markets are preparing for two days without …
Market Notes: Yesterday was one of the biggest single day selloffs of the year. In a normal year it would’ve likely been the worst but 2020 is far from normal on any front. Futures are green at writing but are trending down. We may experience a dead cat bounce before the sell-off continues. The VIX …
Market Notes: Yesterday we saw some strange trading. The Nasdaq closed well in the positive while the S&P 500 and the DOW closed in the red. Markets appear very choppy at the moment but the trend is still certainly down. The SPY had been trading in a down-trending channel and has fallen through the bottom …
You deserve to know the truth about the float! And here it is … The float is half the puzzle. You’re about to get the down-and-dirty version with no hype. Read on to discover exactly what the float is, why it matters, and how to use it when trading… The Float The float is the …
Market Notes: We’re now only one week from the election and uncertainty is everywhere. COVID cases are on the rise, new restrictions are being put in place. This will have an impact on business and unemployment. Trump continues to claim election fraud and battleground states are warning they may not have results back on election …
Watchlist: 10/27 Uncertainty Dragging Markets Down Read More »
Market Notes: Today we kick off the last full week of trading before the election. Futures are pointing towards a red open. Virus cases are on the rise as new restrictions are put in place across the country and around the world. Earnings season is in full swing. I expect a busy week ahead. The …
Market Notes: We are in the home stretch of the election cycle. One full week of campaigning to go and the weekends on either side. New jobless claims are still high. The market was fairly choppy yesterday but end the day higher. The trend is still down. We continue to have elected leaders dangle the …
Market Notes: No one is counting on a stimulus package any more. The headlines can keep saying otherwise but it’s not a realistic possibility before the election. The election is now less than two weeks away. A decent percentage of the nation has already voted. People are starting to reduce exposure to the market. Positions …
Watchlist: 10/22 Sellers will Sell, Stimulus, & Election Read More »
Market Notes: Futures are near flat at writing after initially surging into the green. The overall trend of the S&P 500 is currently down. Headlines appear and disappear constantly about a new stimulus deal but I’m very doubtful we will see one before the election. Rapid sell-offs keep have become the norm over the past …
Market Notes: Markets sold off sharply yesterday, never really finding any firm footing. Futures are higher this morning. Lower floats seem did well yesterday, I’m watching for a continuation today. One earning surprise: LOGI blew earning away as more people are buying webcams and gaming gear while stuck at home. I’m watching for any sympathy play in …
