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Sunday Update Week of January 7th – A Volatile Start to 2019

A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action.  In this weekend’s analysis, we take a look at the broad markets after the first moves into 2019. After a rather sluggish start, Friday proved that there are some bulls still left in the equation. Will the bullish momentum continue into the rest of the month of January? Check out the charts in this blog to see how they look!

What is a Hammer?

Technical analysis has been used since the 1900s to predict stock market prices. Unlike fundamental analysis, market technicians believe that all available information is already reflected in a stock price, and day-to-day market fluctuations are more a function of human emotion (fear and green) than changes in the underlying value of a company.

Sunday Update Week of December 31st – A Wild End to 2018

A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action.  In this weekend’s analysis, we take a look at the broad markets after some of the most volatile swings we have seen in many years on both the upside and downside. These types of moves bring back memories of the volatility seen in the financial crisis of 2007-2009. Will the New Year bring new capital into the markets or was mid-week move up just a dead-cat bounce? Happy New Year to all, we look forward to a very exciting 2019!