Greetings Traders! Today, we’re immersing ourselves in the ABC Trading method, a robust strategy crafted to steer through the intricacies of the market. Whether you’re a seasoned trader or just starting, grasping the ABC method can furnish invaluable insights into price action trading. Before we plunge into the intricacies, bear...
Morgan Stanley’s Michael Wilson shared with Bloomberg that he and his team are now prioritizing the identification of undervalued stocks over making predictions for the S&P 500 index, at least for the time being. Wilson mentioned in an interview with Bloomberg Television that discussions regarding the S&P 500’s future have...
Greetings, Traders! Welcome to our exploration of autopilot trading systems on this fine Tuesday, April 23rd. Today, we’ll delve into the intriguing possibility of hitting a daily profit target of $300 using such a system. While this might appear ambitious, let’s assess its feasibility in today’s market landscape. Autopilot trading...
Tech stocks may be gearing up for a comeback, but Steven Jon Kaplan, CEO of True Contrarian blog and newsletter with $120 million under management, warns of a potential repeat of history. He foresees the Invesco QQQ Trust Series, which mirrors the Nasdaq-100, plummeting from its current 427 to below...
Sectors that typically experience a surge towards the end of bull markets are currently showing signs of lagging behind. Despite a week of volatile trading sessions, the primary trend in the U.S. stock market remains upward. This conclusion is supported by the sector relative-strength rankings, which have remained positive despite...
Bob Elliott, Chief Investment Officer at Unlimited Funds, underscores the Federal Reserve’s challenge amid the recent surge in commodity prices. Bond yields have risen sharply this month, reflecting concerns about persistent inflationary pressures amidst a thriving economy. This development marks a notable setback for the prevailing bullish trend in the...
