In case you haven’t noticed, we’ve just been moving back and forth by about 2,000 points the past 20 trading sessions or so. The Nasdaq’s sitting near the same price levels it was at exactly a month ago!
That tells us there’s not a lot of movement there…
This is exactly why the stock market’s been so choppy lately, and why I’ve been warning anyone who will listen that we need to be patient.
So rather than giving you a few more story stocks, I’d figured it’d be a great idea to give you a stock market update for the end of February.
The markets opened higher to break a multi-day losing streak on the announcement of economic sanctions against Russia — and more in Wednesday’s stock market recap.
Following President Vladimir Putin’s authorization to send troops into eastern Ukraine, the U.S., Britain and European Union imposed sanctions on Russian banks, officials and business leaders.
Rising tensions also prompted an increase in oil and metal prices in anticipation of supply disruptions.
All eyes are also on Thursday’s gross domestic product report. If GDP comes in weaker than expected, there’s a chance the Federal Reserve will hold off on raising interest rates, especially with the threat of war.
In this stock market recap video, you'll get an update on key price levels and what a breach would mean for Wall Street… a look inside market internals and how they can benefit our analysis… plus two long and two short setups, complete with entry and exit levels.
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you’d like to see rankings for! All you have to do is reply directly to this email with your tickers!
Believe it or not, but the stock market’s stagnant 70% of the time… So time decay is eating away at options, and traders everywhere are paying for it!
It’s no surprise that the Chicago Mercantile Exchange says 76.5% of options expire worthless.
So when rare and large moves in the markets occur, people often watch their trading accounts get wiped out time and time again. It’s a frustrating whipsaw of action that demoralizes traders.
Learning how to analyze stocks involves looking at several different pieces of a puzzle and being able to put them all the right way... So here are some techniques I teach my students and practice myself daily.
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