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Market News
Everything Is Risky Right Now — Making for Fantastic Day Trading
It’s been one of the busiest day trading sessions of the year… high risk, high reward, countertrend positioning — and I love it! This is my favorite way to trade — get in, get out, go on about your day! As always, remember to respect the risk because we’re mostly...
A Critical Juncture for SPY, QQQ, an Update for Weekly Options and Hot Day Trades for Thursday
The major indices are down big Thursday morning, and it’s definitely beyond random. So what is it that Federal Reserve Chair Jerome Powell said Wednesday that the market disliked so much? He didn’t say anything that wasn’t expected… Basically that things are moving...
Higher for Longer… Here’s What I Would Do
The Federal Reserve didn’t surprise investors Wednesday by pausing interest rate hikes. The central bank opted to keep rates at the 5.25% range, while Powell stressed that the U.S. economy remains strong. But the market acted with disgust. No one liked Powell’s...