Today is Wednesday, May 16th, and we’re going to talk about the Dow Jones, its recent all-time highs, and what might happen next. This analysis will help you prepare for the rest of May. Before we begin, please remember that trading involves risk. Do not trade with funds you cannot...
Data on U.S. consumer prices, the most anticipated report of the month, was released early, yet it appears the market didn’t notice. The Bureau of Labor Statistics (BLS) reported that a subset of the files was accidentally posted on its website about 30 minutes before the scheduled release time, around...
In the fast-paced world of day trading, having a solid strategy and the right tools is crucial for achieving consistent success. Whether you’re a seasoned trader or just starting, understanding the importance of setting hard stops, avoiding prolonged losing positions, and utilizing automated trading systems can significantly enhance your trading...
The stock market has rebounded in May, nearing record territory after April’s pullback. The upcoming April inflation data, due Wednesday, is seen as a potential catalyst for either new highs or another decline. Tom Essaye, founder of Sevens Report Research, analyzed the potential “good, bad, and ugly” outcomes for the...
Hello Traders! It’s Tuesday morning, just before 10:00 AM. I’m gearing up to activate the autopilot trading system for a short half-hour session to observe its performance. I’ll be using the standard settings on an 8-range chart for the E-mini S&P, trading a single contract. This session is recorded live,...
GameStop shares soared 74% on Monday after a social media post by Roaring Kitty. GameStop shares continued their rally in premarket trading on Tuesday, extending gains after the investor famously associated with the company’s 2021 surge posted on social media for the first time in three years. GameStop shares (GME)...
