Morning Scoop The markets were choppy again yesterday and we ended up closing in the red, but this was not unexpected. That’s why it’s important to plan and stay in tune with what the market is doing and simply follow it. Avoid pushing your own narrative of what you think the market should do. Read …
Morning Scoop The CPI figures were released this morning and they met expectations. We are now waiting to see how the markets will respond and how we can proceed in the future. This morning, I will examine a trade that I did not take yesterday and analyze why. Apart from that, let’s take a look …
Morning Scoop Good morning, traders! I had a weekend filled with chart analysis. I analyzed a ton of trades focusing on one particular setup and I’m excited to share it with you. But first, let’s discuss the markets and what’s happening in and around them. Markets photo by Maria Shalabaieva News: Silicon Valley Bank has been …
Morning Scoop It’s finally Friday, and I’m sure the market is extra ready to relax this weekend after a brutal week filled with negative news left and right. It was not easy to navigate, and if you don’t have patience in bear markets, they can wear you out until you give up. Markets SIVB daily …
Afternoon Scoop Get ready for more turbulence today as the markets took a turn for the worse and plummeted even further. We were hoping to see some stability at certain levels, but unfortunately, this unpredictable environment just isn’t ready to support any upward momentum in the market. But fear not, let’s dive into the action …
Morning Scoop I believe we won’t have any major speakers today, at least I hope so 😅. It’s been a pretty volatile week since the stocks tumbled on the first day of Powell’s testimony, and we’ve been trading in a range since Tuesday. Let’s see how the stocks will perform for the rest of the …
Afternoon Scoop If you weren’t around today or haven’t seen anything about the markets, you haven’t missed much of anything today. It was a real snooze fest 😴. The good thing is even though it was a boring day, we held some levels which were important. Markets S&P 500 futures 15 minute chart News: No major …
Morning Scoop After patiently waiting and listening to Mr. Powell’s testimony in front of Congress yesterday, we get to do it all over again today! The Fed Chair is scheduled to continue his testimony, which will likely bring another day similar to yesterday’s. Today, instead of trade ideas, I’d like to introduce something more productive. …
Afternoon Scoop It’s amazing how every bit of news spooks the participants of the markets. We know inflation is high and Powell has continued to state that he will raise rates until necessary. Today we we’re reminded of that and markets still went down. Last year was all down and flushed everyone out and this …
Morning Scoop Good morning! Today we get the highly anticipated message from Fed Chair Powell to Congress about the outlook for inflation and interest rates. I don’t expect it to be smooth sailing in the markets today. I would be prepared for whipsaws, days like these make it tough for short term outlooks such as …
