Good Riddance (and Get Ready)
Hey, Ross here: Today is the last trading day for the month and the quarter. The third-quarter of the year has traditionally been a weak one for the markets, with September being even worse (check
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Hey, Ross here: Today is the last trading day for the month and the quarter. The third-quarter of the year has traditionally been a weak one for the markets, with September being even worse (check
Hey, Ross here: After a punishing pullback that’s about to enter its third month, the S&P 500 is now back where it was in early June. But yesterday’s price action could herald a market bounce
Hey, Ross here: After the market’s big down move yesterday, let’s start the day with yet another actionable short trade idea. Chart of the Day Dicks Sporting Goods (DKS) is toast. After a hideous earnings
Hey, Ross here: And as I mentioned yesterday, let’s start the day with a fast actionable trade idea – this time to the short side. Chart of the Day Applied Materials (AMAT) has been a
Hey, Ross here: Welcome to a brand-new trading week. Before we dive deeper into what’s going on in the stock markets, let’s look at a chart that illuminates just what an anomaly the era of
Hey, Ross here: Markets are still digesting the Fed’s latest decision – and based on yesterday’s price action, it looks like a case of indigestion. When trying to see where the market will go next,
Hey, Ross here: As expected, the Fed held interest rates steady yesterday. But in the post-meeting press conference, the more Powell spoke, the more indexes slid. Par for the course for a lot of the
Hey, Ross here: It’s the day everyone’s been waiting for. We’ll find out later whether Powell’s going to screw it up for everybody – but I’m actually kind of positive (you’ll see why later). With
Hey, Ross here: As expected, it was a quiet session in the markets yesterday with most investors on a “wait and see” mode ahead of the Fed’s meeting, which starts today. And today’s chart –
Hey, Ross here: Welcome to a new trading week. Whatever Powell decides on Wednesday will have a huge impact on where the market moves next. In the meantime, the chop fest continues – but there
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