Following Thursday’s GDP print of -0.9%, US GDP has been in recession by the standard definition for two consecutive quarters of contraction. The stock market, however, is unsatisfied, rising on the news. “Official” forecasts for Q2 GDP were -0.5%, while it came in at -0.9%. The market rallied on this telling me it was expecting … Read more
Okay, so in this episode we’re going to talk about gaps and windows on both the daily chart and the intraday chart. Get the Micro Pullback Strategy PDF Download and more freebies here This is yet another episode in this multi-part series on technical analysis and specifically how to read stock charts for day trading. … Read more
The tide has turned again in the US stock market this past week. Stocks were bullish all week and now all the bulls are taking a victory lap while the bears up and down are swearing it’s a bear market rally. Here are the returns of US indices for the week: S&P 500: +5.5% Nasdaq … Read more
Since Elon Musk offered to buy Twitter ( TWTR ) in April, the story has surpassed the deal pages and become a tabloid phenomenon. Originally, Elon Musk offered to buy Twitter for $54.20 per share, or $44 billion. A few weeks passed and Musk complained that Twitter’s user numbers were being juiced by bots, claiming … Read more
Have you ever signed up for a brokerage account or downloaded a stock screener, only to be forced to sign a contract about market data from a stock exchange? Very confusing, I know. After all, if you’re signing up for a Charles Schwab account, why are you signing contracts with the New York Stock Exchange … Read more
The stock market is a complex system made up of complex techniques and various participants, including investors, market makers, traders, hedgers, speculators, financial experts and analysts. Some of the most respected figures in the stock market world are analysts who spend their time researching companies. These analysts earn a living by sharing their views and … Read more
Seasonality is when things change in data in a repetitive and predictable way. Like summer heat and winter cold, the data also have “seasons” that repeat. Most datasets have seasonality, especially in the financial and economic sectors. Look at any economic statistics published by the government and you will often see that the headline figure … Read more
What’s up with everyone? OK. Well, I’m on the roof of the van, the camper, and we’ve set up the internet. This is another day of trading on the go, as well, using a few different internet sources. Click here 👉 Camping and trading To get Ross’ PDF on Traveling and Trading. ✈️ 🚢 🚗 … Read more
What’s up with everyone? OK. Well, I’m day trading with Starlink in a Walmart parking lot in upstate New York, near the Adirondack Mountains. And so here’s the thing, the last time I was traveling and doing business, I was just using my mobile hotspot. Click here Camping and trading To get Ross’ PDF on … Read more
What’s up, everyone? Well, I day trade in Walmart parking lots, traveling trading stations, and camper vans. Click here Camping and trading To get Ross’ PDF on Traveling and Trading. And the internet, well, you can see it there. I actually made another video, which I’ll link to below, where I do a side-by-side comparison … Read more