Sunday, April 28, 2024

Once again, stocks hit resistance

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For the second week in a row, stocks advanced but stalled at a key level. This time it was the 50-day moving average, a seemingly magical level on the S&P 500 that everyone uses as...

Markets seem to be climbing a wall of worry

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This article is not a recommendation and is intended for educational purposes only. "Stocks climb a wall of worry." Most of us have heard the expression. Now it may be playing out before our eyes. After...

Suddenly energy is flying

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Energy's gone from forgotten to en fuego quicker than you can say "missiles over Damascus." Crude oil (@CL) hit $67.45 this morning, its highest level in 2-1/2 years. It's up almost 8 percent on the week,...

A look behind yesterday’s wild session

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This article is not a recommendation and is intended for educational purposes only. Yesterday was a roller coaster for the market, but it could suggest volatility will ease. S&P 500 futures (@ES) began the session down...
Charting the Market Educational Series

Window Linking: Ideal Tool in Volatile Markets

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It's easy to lose track of things when the market swings wildly like it did last week. So, let's review a TradeStation feature that's especially handy in times of volatility: Window linking. As most users...

Has General Electric Finally Bottomed?

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This post is for education purposes only and should not be interpreted as a trade recommendation. General Electric (GE) has been a member of the Dow Jones Industrial Average for over a century, and at...

Power-charting the Selloff in Bonds

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There's a growing consensus interest rates may be headed higher, which means bond prices may be headed lower. The idea went mainstream a month ago when headlines swept the globe: "Japan to end quantitative easing!"...

Are cryptos finally catching a break?

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Bitcoin, Litecoin, Ethereum. The whole crew has taken a beating in the last month, with about half their value erased following triple-digits gains in 2017. But something unusual seems to be happening this week:...

How to Get the Most Out of TradeStation

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TradeStation has more tools than you can shake a stick at. Countless professionals use the award-winning platform to analyze the market and automate trades, but are you getting the most from its functionality? You can...

Elliot Wave Still Flowing Higher: A Pro’s Insight

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Bullish, bullish, bullish. That was the message from a widely followed market pro this morning. "We do have higher highs coming," Bennett McDowell of TradersCoach.com said on today's Morning Market Briefing. "At this time we're...
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