Stocks refuse to go down. The trading range lives on! Even with the FOMC minutes confirming continued rate hikes. So how do we read the tape? Not declining is different than advancing. One could interpret the lack of dominant selling as a sign that it’s over. A potential change of trend of you will. As interest rates […]
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The Daily Ticker | “I lost $300,000 This Year” 12-30-22The market zigged when it should have zagged.What a great way to end 2022. A perfect lesson. Wednesday the #SPY ETF closed near the lows and broke down out of a six day trading range.All systems go to trade lower. A solid setup and one that […]
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The Daily Ticker 12-22-22 | THE PROFIT MAXIMIZERYesterday I had a call with a friend who is an entrepreneur. We’re in the same mastermind group.He needed fresh ideas for his business because Q1 was projected to be a loss of $100K. You read that right, a $100K loss. We spoke for a while as he outlined his […]
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