VIDEO REMINDER In Today’s Masters in Trading: Live The S&P 500 closed significantly lower on Friday, shedding about 1.73% after a week marked by widespread market volatility. With the recent pullback, the SPY is now trading between a range of $599 at the low end and $610 at the high end. None of this is surprising given how we’ve seen the markets shake out this year. All of the major indexes have taken near-term hits over the last several months against a whole host of market headwinds. We should keep one thing in mind here… This is a stubborn market that refuses to give up gains for long. It doesn’t matter what headlines come across the wire — whether it’s tariffs, war, or inflation. The broader market won’t break out or completely break down in the long term. And as the S&P 500 picks back up some of that bullish momentum this week, I want us to be ready to trade through all the headwinds we’re seeing. In today’s Masters in Trading Live at 11 a.m. ET, I’ll compare the charts of the QQQ last week relative to the SPY and IWM to what we saw at the close – and I’ll let you know where I see the markets heading from here as we start the new week. If you want to be part of the action and share your comments and questions in real time, be sure to join me live on YouTube. It’s a great way to connect directly with our trading community and make sure you’re getting the insights you need to help build a deeper understanding of the markets. Remember, the creative trader wins, |
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