Daily Bite September 21: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers the Fed meeting and rate hikes, S&P 500, NASDAQ new highs-new lows (NAHL), TLT and how to protect your assets.
DetailsIn today’s Daily Bite, Bob Lang covers the Fed meeting and rate hikes, S&P 500, NASDAQ new highs-new lows (NAHL), TLT and how to protect your assets.
DetailsChart of the Week: WTIC This week we are going to be focusing on the commodity of crude oil – light crude oil; WTIC is the symbol. On this weekly chart, we can see that this commodity has been on fire from the mid-part of June when crude was down in the high $60s. We…
DetailsWhen we study the stock market and its movements, we normally look at technical and fundamental data points for clues on future moves. We can also use sentiment gauges to help understand the emotions (greed or fear) of investors and traders. And then there are the seasonal stock market trends that appear nearly every year…
DetailsIn today’s Daily Bite, Bob Lang covers the Federal Reserve rates, S&P Futures, oil, Volatility, SPY, and the week ahead.
DetailsIn today’s Daily Bite, Bob Lang covers the Futures, TNX, CL, VIX, PPI, IWM, and ADBE.
Chart of the Week: PSX This week we are going to be focused in on energy name Phillips 66; PSX is the symbol. We are going to look at a daily and a weekly chart today. We got this really strong move higher in this stock from about the middle part of June, and it’s…
DetailsLast week we discussed the basic principle of managing risk when trading options: calculating probabilities so you can find and place winning trades with more confidence. (If you missed it, go back and read it now. It’s critical to have a strategy in place if you want to consistently earn income trading options.) In today’s…
DetailsIn today’s Daily Bite, Bob Lang covers the VIX, Apple, Earnings Plays, NYHL, Oscillators, the Fed, and ACN.
The Fuse Equity futures are getting pounded in a continuation of the selling from Wednesday. The Fed statement was not friendly and with another hike on the table this year suddenly investors are having to re-establish their end of year forecasts. That said, the market is in a corrective phase and is not nearly oversold…
DetailsThe Fuse Futures are rising a bit this morning, recovering Tuesday’s losses. Today’s Fed meeting and the subsequent statement are likely to shake things up a bit. Interest Rates are modestly lower this morning as bonds are stable. Yields rose on Tuesday. With low market volatility there seems to be no preparation for a surprise…
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