trading

Sell in May and Go Away?

Morning Scoop Things are heating up now… for a while, we’ve been discussing the range we’ve been stuck in and the need to find a direction. Yesterday, we might have seen the day that gives us some clarity on the market’s direction. Let’s discuss what occurred and what we should keep an eye out for. …

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Gap up in Markets

Morning Scoop The futures market is up, and it appears we’re in for a significant gap up in the markets today. The key concern is whether this momentum will hold throughout the day or if the market will quickly give back its gains. Let’s take a look at the charts to assess the current situation. …

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No Obvious Direction

Morning Scoop It’s not looking like a happy morning. The pajama traders brought us back down below yesterday’s levels, and now we’re back in a sticky area. Let’s check out what’s going on around the markets today. Markets S&P 500 Futures 1 hour chart News $META has laid off another 10,000 employees. While they are …

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Up Up and… Not Away

Afternoon Scoop As I’m sure you can guess, markets rallied in the first half of the day then we felt flat. I’m assuming anticipation ahead of tomorrow. If you did not trade today or kept it small, great job. With uncertainty ahead, it’s better to watch the reaction tomorrow from the sidelines.  Market Review Here …

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Chop City Continues

Morning Scoop Good morning from Ohio! Yesterday, I missed the afternoon scoop due to a long day. We saw a range-bound day, but some stocks made a nice move up. Let’s see what today holds Markets • the range continues which is not surprising, on the chart where you can see we’re consolidating tightly near …

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