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 […]
The trend is an important feature of trading that traders use to help them read the market movement better, so they can execute their trading strategies at the perfect moment. Trend strength simply refers to the level of influence buyers or sellers have over the market over a particular time. In a weak downtrend, the […]
Gamma hedging has been in the headlines a lot lately, but what is it exactly? Intro The rise of Robinhooders and growth of retail options trading after COVID sparked a cottage industry of traders and analysts who analyze options market order flow to decipher how options market makers are positioned and take advantage of their […]
We’re coming off a shortened week with markets taking Friday, April 15 off in observance of Good Friday. There’s a lot to talk about this week with Elon Musk trying to buy Twitter (TWTR) and a record CPI print. Before we get to that, let’s assess the price action in markets this past week. US […]
