Daily Bite March 23: Market Analysis and Chart Review
In today’s Daily Bite on Twitter, Bob Lang covers the Futures, S&P 500, Dow Industrials, VIX, the Fed, SPY, GDP, Economic Projections, and the Oscillators.
TSLA: Chart of the Week
TSLA: Chart of the Week Today we’re talking about everyone’s favorite car: Tesla (TSLA). As you can see back in the early part of the year – January/February – the stock really made a nice bottom and rallied into a super uptrend, right up to resistance at the 200 day ma and VWAP resistance as…
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Market Blast – March 22, 2023
The Fuse Market futures are up modestly today as traders/investors digest the prior days gains. With markets up strong early this week we might see a sell the news effect following the Fed meeting and policy release. The market is expecting a rate increase. To the upside, the Nasdaq is making a run at 13K,…
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Trade Didn’t Work? Don’t Dwell on It
If you’re new to trading, you will experience trading losses. It’s just part of the game, but how you handle losses is entirely up to you. My number one piece of advice if trade didn’t work: Don’t dwell on it. I’ve seen experienced traders literally lose their minds over trades that went bad. I have…
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Daily Bite March 20: Market Analysis and Chart Review
In today’s Daily Bite on Twitter, Bob Lang covers the Futures, S&P 500, Dow Industrials, VIX, Suisse Bank, 50-Day Moving Average, MACD, the Fed, and the VVIX.
Market Blast – March 24, 2023
The Fuse Futures are down sharply this morning as news from overseas percolates into a full blown banking crisis. Yesterday appeared to be a strong reversal from Wednesday’s selling, but there was an about face and stocks fell sharply, and may followthrough into the weekend. 3900 on the SPX 500 is where we might see…
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Market Blast – March 23, 2023
The Fuse Futures are up modestly this morning after the markets spent a day in the spin cycle on high. Overnight saw a bit of a comeback from the euro markets but this modest rally is falling far short of making up ground following Wednesday’s drubbing. Breaking 4K on the close again was a painful…
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Market Blast – March 21, 2023
The Fuse Futures are up strong this morning, the Dow Industrials extending strong gains from yesterday. The SPX 500 looks to open higher but still below the 4K level, the R2K looks to followthrough as well. Perhaps some positioning in front of the Fed decision tomorrow. 3900 on the SPX remains in view, but the…
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Market Blast – March 20, 2023
The Fuse Equity futures are all over the map this morning. Volatility is certainly elevated in front of the big Fed meeting this week. Overnight futures rose up 30 handles but then plunged 70 handles from there to break 3900 on the SPX futures, but have rallied. back to the flat line. With a pretty…
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Daily Bite March 16: Market Analysis and Chart Review
In today’s Daily Bite on Twitter, Bob Lang covers the Futures, Credit Suisse, Fed Funds Futures, Inflation, S&P 500, Oscillators, Dow and the VVIX.