If you’re like most traders, you specifically avoid “event volatility” like earnings reports and key economic data releases. But you should know that the majority of volatility is attributable to these binary catalyst events. Not knowing how to trade around these significantly cuts into your opportunity set. One of the cornerstones of volatility events is […]
Hope everyone had a great Memorial Day weekend. This is the unofficial start of summer, especially in the finance world, and typically marks an overall decrease in volume as Wall Street starts to split its focus between Fire Island, the Hamptons, and work. Following the long weekend, we had a shortened trading week this […]
What’s up, everyone? All right. So the topic of today’s episode is The Banana Squeeze. If you haven’t heard of the banana squeeze, this is technical set up. Every day traders should know about the banana squeeze. Learn More About the Banana Squeeze Here! You may have even traded a banana squeeze, but […]
We’re closing out this week on the seventh consecutive red weekly bar on the SPY weekly chart. Words like bloodbath are being thrown around, and there’s definitely some pain out there. Specifically, small caps, which are a good barometer for risk-taking appetite among equity investors, are taking a beating. SPY weekly chart Looking to the […]
What’s up, everyone? Thanks for checking out this video. This is going to be a concise beginner’s guide to the stock market. When I checked out some of the other videos on the stock market, while some of them said they were for beginners, they were an hour, hour and a half long. And they […]
A pivot point is a crucial turning point in the price of a stock or security that a lot of traders tend to trade around. It’s basically a price at which the stock stops going up or down and reverses in the opposite direction. It’s the price at the foremost extreme of a rally. Pivot […]
A candlestick shadow represents the extremes of where the price visited during the life of a candlestick on a chart before closing at its ultimate price. On a bullish candlestick, the shadows represent the difference between the closing price and the high price (upper shadow), and on a bearish candlestick the shadow represents the difference […]
US stocks continue their weakness this week, with the S&P 500 touching down at $4136, sitting right at its significant support level established in mid-March. Volatility is elevated again near the recent highs with the VIX sitting at 34 as earnings season hits its midpoint. When there’s persistent weakness in stocks, everyone comes out of […]
The Chaikin Money Flow is a technical analysis indicator that is used to measure the buying and selling pressure in a stock over a period of time. Intro In the world of trading, huge market movements are usually triggered by the actions of giant hedge funds, mutual funds, pension funds, brokers, and other whales that trade the […]
After weeks of talk that Elon Musk would buy Twitter (NYSE: TWTR), he has made it official and is now the sole owner of the social media company. Musk won his $44 billion takeover fight for the company on Monday, after its board dropped its opposition to his bid. The San Francisco-based company agreed to […]
