Is this a daytrading summer?
Maybe it’s the best time to daytrade in the morning and forget about what comes next. Keeping it nimble after Powell may make sense for some time to come.
Maybe it’s the best time to daytrade in the morning and forget about what comes next. Keeping it nimble after Powell may make sense for some time to come.
Whether it is intraday or end-of-day, we still want to seek out strength in a market that likely overdid it with the weakness last week.
Whether it is intraday or end-of-day, we still want to seek out strength in a market that likely overdid it with the weakness last week.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Markets are showing topping patterns in the inflation trade, while tech tries to hold up the world. Let’s see what’s causing that.
Down days don’t mean there are not opportunities to the upside, and the NASDAQ remains an index with bullish directional bias.
While there is confusion about what higher rates in 2023 might mean, traders and investors are going to find a path back into the markets despite the exodus this week.