This year’s strong gains in the Dow Jones suggested an advantage for the Democrats and Kamala Harris in the presidential election, but it underscored an important reality: Wall Street and Main Street are drifting further apart. Historically, the stock market has been viewed as a bellwether for election outcomes, but...
Hello, Traders! Yesterday, on November 8th, the Sonic Trading System delivered an exceptional session, yielding 22 winning trades with only one loss. Let’s dive into the trade details and see how the system effectively captured these winning setups. Trading the Friday Afternoon Market: Is It Worth It? While many traders...
Stifel’s Barry Bannister Warns: “The Train is Approaching Crazy Town” Wall Street bear Barry Bannister cautioned Thursday that the S&P 500 is entering “mania” territory, as surging valuations push stocks to expensive and potentially unstable levels. This rally, he says, may lead to a further near-term surge before a significant...
Today, we’re analyzing NASDAQ’s pre-market movements using the Sonic trading system. By request, we’re breaking down a real-time setup on a 3-minute chart, where a buy signal was triggered at 20,961.25. When entering trades, I avoid market orders due to the NASDAQ’s volatility and risk of slippage. Instead, I opt...
The Fed’s latest interest-rate decision comes on the heels of a historic post-election stock market rally. Reflecting on recent market trends, Druckenmiller, a former top advisor to George Soros and now head of the Duquesne Family Office, shared that while he accurately predicted a decline in inflation, his concerns about...
Good morning, traders! The election is behind us, so let’s get back to the markets. Yesterday brought some outstanding trading opportunities after the election with clear signals, and we captured some excellent trades! If you missed it, don’t worry—our free classes on YouTube can get you up to speed. As...
