Oil prices are climbing after the EIA reported a surprise inventory crunch. Adding fuel to the fire? Tensions in the Middle East. WTI Crude has been trading in choppy motion since March 2023. While macroeconomic…
Stocks
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As a long-term stock trader, one development in the stock market takes me and many others to our collective knees. It’s a Volatility Index ($VIX) that rises past 20. There has never been a bear…
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Just Another Manic Monday? On Monday, the Nasdaq plunged over 3%. With the S&P 500 dropping a similar amount and the Dow plummeting over 1,000 points (a 2.6% drop), it was the biggest one-day drop…
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On a day when the S&P 500 ($SPX) drops over 200 points at the open, and the Dow Jones Industrial Average ($INDU) and Nasdaq Composite ($COMPQ) drop more than 1,000 points, looking at your portfolio…
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Good morning and welcome to this week’s Flight Path. Equities could not hold onto “Go” colors any longer and we saw a strong purple “NoGo” bar as the trend changed on the last bar of…
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The market is dropping perilously right now and so it is time to review Bear Market Rules. Today Erin and Carl share their rules for trading during a bear market move. We aren’t officially in…
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In the classroom we would have students alter their view of charts they were evaluating to gain fresh perspective and possibly enhance their analysis. Students often had Ah-Ha moments after freshening their interpretation of a…
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The previous week turned out quite volatile for the markets as they not only marked a fresh lifetime high but also faced corrective pressure as well towards the end of the week. The markets maintained…
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And then ….. all of a sudden….. things are heating up. Lots of (downside) market action in the past week. Let’s see what sector rotation and RRGs can tell us. The RRG at the top…
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The dog days of summer are here. And the stock market gives us a brutal reminder of this. The first trading day of August began on a very pessimistic note. Thursday’s weak manufacturing data spooked…