Author Archives: Pete Renzulli
Author Archives: Pete Renzulli
Stocks traded lower again yesterday, but the #SPY remains glued to the $380 level. Why is that significant? Because it’s the average true bearish move for the indices. Yup, it stopped and hovered right at the average true move. So what right? Big deal. No. And it’s the reason most people never find stock market success. Last night […]
CONTINUE READINGWelcome to today’s edition of The Daily TickerThere’s too many confused people in the stock market. Losing much more than they should. It’s ugly out there. Confidence shaken and wondering if stock trading “works.” I’ll bet you think I’m talking about the bearish tone to the market. I’ll bet you think I’m talking about the tsunami of […]
CONTINUE READING12-15-22 | A Question of Opportunity. As the S&P 500 continued to drift for the last 4 weeks, we needed a new catalyst to shake things up. And we got one. The key FOMC announcement was all about the language.What Jerome Powell said after he confirmed the 50bps hike, was what we needed to know. And he […]
CONTINUE READING