Category: Technical Trading

Following Thursday’s GDP print of -0.9%, the US is in a recession by the standard definition of two consecutive quarters of GDP contraction. The stock market, however, is unbothered, rallying on the news.  The “official” forecasts for Q2 GDP were -0.5%, while it came in at -0.9%. That the market rallied on this tells me… Continue reading Stock Market Overview – August 1, 2022

All right, so in this episode we’re going to talk about gaps and windows on both daily charts and intraday charts. Get the Micro Pullback Strategy PDF download and more free gifts here This again is another episode in this multi-part series on technical analysis and how to read stock charts, especially for day trading.… Continue reading Day Trading Gaps and Windows

The tides yet again shifted in the US stock market this past week. Stocks rallied all week and now all the bulls are taking a victory lap while the bears swear up and down that it’s a bear market rally.  Here are the US indices returns for the week: S&P 500: +5.5% NASDAQ 100: +7.23%… Continue reading Stock Market Overview for the Week of July 25, 2022

Ever since Elon Musk made an offer to buyout Twitter (TWTR) back in April, the story has transcended the deal pages and become a tabloid phenomenon. Basically, Elon Musk offered to buy Twitter at a price of $54.20 per share, or $44 billion. A few weeks passed and Musk complained that Twitter’s user numbers were… Continue reading Elon Musk vs. Twitter Saga: Overview on the Court Case, Who Will Win?

Stock splits have been on the rise recently, with Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL), Tesla (NASDAQ: TSLA), and GameStop (NYSE: GME) among some of the well-known companies to announce they will be splitting their shares. A split is a tool that companies, often with high stock prices, use to increase (or reduce) the number of… Continue reading Stock Splits: Are They Good or Bad?

What is the Alternative Display Facility (ADF)? The Alternative Display Facility (ADF) is a piece of market infrastructure run by FINRA. Institutions use it to post quotes and report trades.  It’s called the Alternative Display Facility because the ADF is an alternative to an exchange for institutions to post quotes and report trades. It’s basically… Continue reading Alternative Display Facility (ADF) Orders Explained

This past week we got new red-hot CPI numbers, further drama in the Elon Musk and Twitter saga, and the start of earnings season.  Let’s look at the technical picture in major indices.  The downtrend pattern in the S&P 500 is under threat right now, as a minor lower high (red arrow) was formed. At… Continue reading Stock Market Overview for the Week of July 18, 2022

What’s up everyone? All right. Well, I’m on the roof of the van, the camper, and we’ve got the internet set up. This is another day of trading on the go using, well, a couple of different internet sources.   Click here Camping & Trading to get Ross’s pdf on Traveling and Trading. ️ During this… Continue reading Day Trading in an RV!

What’s up everyone? All right. Well, I am day trading with a Starlink in a Walmart parking lot here in upstate New York, near the Adirondack Mountains. And so here’s the thing, the last time I was traveling and trading, I was just using my mobile hotspot.   Click here  Camping & Trading to get Ross’s pdf… Continue reading Day Trading with SpaceX Starlink

What’s up, everyone? Well, I am day trading in a Walmart parking lot, traveling trading station and in a camper van.   Click here  Camping & Trading to get Ross’s pdf on Traveling and Trading.    And the internet, well, you can see it up there. I actually did another video, which I’ll put a link to down… Continue reading Day Trading at a Walmart