Market Notes: The markets ripped higher yesterday leaving Tuesday’s morning sell-off in the rearview mirror. Fed Chair Powell made remarks to Congress yesterday and kept saying the Fed is buying. The markets rallied the majority of the day. Futures a...
Market Notes: Yesterday the markets had an epic selloff to start the day. The markets were highly correlated as panic selling gripped the market, I believe many people had positions liquidated, and plenty of stops got hit. I took advantage of the opp...
Market Notes: Not a pretty day for the markets, red was flashing across the board at the close yesterday and futures are slipping again this morning. As I said yesterday the last week of February is often given to the bears. My lists have been gettin...
Market Notes: The last week of February marks one year to the day since the COVID-19 bear market began. Traditionally the last week of February has been a rather muted week. So I’m approaching with caution. Bitcoin continues to set new record highs t...
Market Notes: New unemployment filing increased yesterday. Markets were red though the dip was bought fairly well. The SPY closed down about 0.5%. The first of three congressional hearings into the GME short squeeze was yesterday. Gill, the one who m...
Market notes: The first congressional hearing into the GME short squeeze and controversy is scheduled to start at noon today. The trader who started it all, Keith Gill, was slapped with a lawsuit yesterday. The last word is he will still testify. Oil...
Market Notes: The SPY posted a slight red day yesterday. I got chopped around with few of my trend following trades working. This morning PETZ and DOGZ are the biggest premarket gainers…. Reminds me of EARS and EYES a little while back. It’s not that...
Market Notes: Up, up, and away the market is still soaring to new highs. Last week was a bit choppy but ended up going in the bull’s favor. This morning markets are pointing towards another record high open. One notable trend is shipper stocks. Sever...
There are way too many SPACs to keep up with, but the trend is also exciting to ignore. So I’ve created a simple SPAC watchlist with some of the most notable SPAC to watch in the market right now. Did you know that SPACs raised $13 billion in 2019? $...
Market Notes: Another choppy session in the markets yesterday. Bigish dips followed by dip buyers. Chatter on Twitter showed many people taking bigger than normal losses. Since the SPY is moving sideways I have not intentions of changing my plan head...
