Whenever we are presented with a piece of data we are limited in the conclusions that we can draw from that data. For example, consider the chart below of CXO – The only conclusion I can make is that over the time frame being observed and the tools being used the price is currently in…
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In the world of finance, wealth can be easily gained and just as easily lost. Discover the thought-provoking stories of the Groupon founders, traders navigating wild market swings, and the stark realities that challenge the notion of “buy and hold.” This is a little bit of a journey into market history, so if you move…
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The process of initially entering financial markets is difficult that is a given – only a fool thinks it is easy although social media does a good job of convincing people that it is simple. The process is made all the more difficult because the industry is littered with stupid homilies that don’t work and…
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Gaps down are not the most common thing on the S&P500.
Aug 24 (Reuters) – Shares in Better Home & Finance Holding (BETR.O) plummeted more than 93% on Thursday as investors snubbed the online mortgage lender, which went public via a blank-check company merger just as mortgage rates have hit two-decade highs. More here – Reuters
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This is currently what my daily daily system sees.
The stocks that make the up the FAANG+ Index are major drivers of the NDX.
The headline below popped up on my Twitter feed. The article sits behind a paywall so the first and easiest thing to do was to look up the performance of NOPE ETF. The performance can be seen below. It’s not hard to see why they want to shut it – what is more interesting is…
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