If you keep up with my daily analysis videos, then you probably already noticed that I add the average true range indicator to most of my stock charts. I mean, there’s a reason why it’s the most widely used tool among pro traders.
But believe it or not, the ATR indicator doesn’t tell us which direction the stock market is moving…
So you’re probably asking yourself…
“Why would Roger film a video about a technical indicator that doesn’t directly determine if the market is headed up, down or sideways?”
In a nutshell, the ATR measures volatility, which can help us decide if we might want to initiate a trade or not.
So in this video, I thought I’d show you how to measure market volatility using the ATR indicator…
Several brick-and-mortar retailers took a hit last week when Target lowered its second-quarter guidance less than a month after its May 18 earnings report…
But as we discussed in our most recent WealthPress Live Roundtable, you can’t judge the whole sector by one company’s performance…
Just look at the run Nordstrom has been on since beating analysts’ earnings expectations on May 24…
Shares added more than 6% to an already impressive 39% gain over three weeks!
Thursday saw bullish options traders line up for more long-term upside, grabbing more than 1,100 contracts of the Oct. 21 expiration, $32.50 strike calls for over $230,000 in premium!
Of course, that’s not the only sharp-looking order flow hitting the tape…
A Credit Spread is an option strategy involving the simultaneous buying and selling of options with different strike prices requiring a net inflow of cash. Here, the sum of all options sold is higher than the sum of all options purchased. The difference between the two premiums is a credit you receive, and it will be deposited in your brokerage account when you open the position. In most cases, the goal of a credit spread is to have both options expire worthless, retaining your credit as profit from the transaction.
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We just got the largest year-over-year increase in inflation we’ve seen in over 40 years, despite being told last year inflation has peaked! And Jeff Zananiri has some words.
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