Sunday Update Week of January 28th – The SMA (20) Wall Holds But Government Reopens

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 have one of our affiliates, Kevin Smith, join us and chat about some broad market charts and technical charts into the week ahead. Have a great weekend!  Continue reading Sunday Update Week of January 28th – The SMA (20) Wall Holds But Government Reopens

Sunday Update Week of January 21st – The Markets Hit The Weekly SMA (20) “Wall”

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 continued moves to the upside, with SPY, QQQ, and XBI all closing at or near the longer-term 20-week simple moving average resistance. As the market has not been phased by the government shutdown, the weekly SMA (20) is the only “wall” the market needs to pay attention to.

Continue reading Sunday Update Week of January 21st – The Markets Hit The Weekly SMA (20) “Wall”

How Do Government Shutdowns Impact the Stock Market? – TrendSpider Blog

Government shutdowns have a significant impact on federal employees, government contractors, and many companies relying on government services. Most shutdowns are resolved within a few days and there’s little impact, but in some cases, shutdowns have lasted more than two weeks. These longer stalemates have become increasingly common since the 1990s with shutdowns during Clinton, Obama, and Trump’s administrations.

Let’s take a look at the impact of government shutdowns on businesses and how the three longest shutdowns have affected stock market returns.

Continue reading How Do Government Shutdowns Impact the Stock Market? – TrendSpider Blog

Sunday Update Week of January 14th – January 2016 Deja Vu?

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 continued strong move up this week and compare the recent lower indicator action with the early 2016 moves which aren’t exactly the same but are showing many similarities.

Continue reading Sunday Update Week of January 14th – January 2016 Deja Vu?

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!

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