As 2023 draws to a close, the S&P 500 index is on the cusp of achieving a new record high. However, a concerning trend emerges for stock pickers, as many components of the index continue to lag significantly behind their January 2022 peaks. This disparity has created a noticeable division...
Greetings, fellow traders! In today’s blog installment, we delve into the second part of our series dedicated to forecasting market trends and strategically capitalizing on them. If you haven’t caught up with our initial discussion, be sure to follow this link for a comprehensive overview of forecasting in the dynamic...
Greetings fellow traders! Today, we embark on an exploration of the dynamic realm of day trading, with a keen focus on the E-mini S&P. As we delve into potential opportunities for both long and short positions, it’s paramount to bear in mind the inherent risks associated with trading. Trade wisely,...
Crucial Insights for Today’s U.S. Trading Session As we approach the end of 2023, investors might contemplate staying on the sidelines given recent market fluctuations and the lofty expectations associated with the elusive Santa Rally. Nevertheless, the outlook seems positive for the upcoming Tuesday trading session in this abbreviated week....
The market’s favorable prospects extend into the initial days of January, marking this period—from the end of Christmas to the first two trading sessions of the new year—as the Santa Claus Rally with strong statistical support, as defined by the Stock Trader’s Almanac. Out of 127 instances since the inception...
Pete Biebel from Benjamin F. Edwards suggests that a portion of Santa’s generosity may have already been distributed, indicating a potential early start to the anticipated Santa Claus rally on Wall Street. This traditional rally is characterized by the stock market‘s tendency to ascend during the final five trading days...
