Is September going to be rough for stocks?

September markets usually stink. Leading up to an election, it’s even worse.  Even perma-bull, Tom Lee, says “Be cautious for the next 8 weeks.”  The first trading day of September didn’t disappoint as the market sinks without any relief rallies.  CMT,...

The Market Trend After a Rocky Week

Coming off a historic week, what can we expect in the weeks ahead in the market?  Should you put risk on? Risk off? Sit on your hands?  I’m a Chartered Market Technician (CMT)… one of a rare few in the world and my only job is to look at the markets to...

Test Your Patience With This Step By Step Trade Breakdown

Sometimes, lines in the sand are drawn and you have a clear level where you can bet the house price is going to react in one of two ways. One way would be for price to bounce or reject off that level depending where price is approaching from. Other times, you can get...

Why This Might Be Our Trade of the Week

As the market attempts to recover a bit from Friday’s bloodshed, there is one stock that looks to be fighting to hold on by the skin of its teeth. Mastercard (MA) has established a strong level of support at the 390 mark, but broke through it on Thursday. To kick off...

How To Find Key Levels And Improve Your Trading

What may seem confusing to some is actually quite simple when you think about it and give it some practice, finding support and resistance levels. And what’s better is it is easy enough for anyone to do it before they sign off for the night or even the morning of...