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Good evening StockBandits!
Wednesday’s rebound was forgotten this morning as stocks again started the day under pressure. With the indexes gapping lower by over 1%, the buyers had another shot to prove themselves, and they did. [Read more…]
Good evening StockBandits!
This was one of those days that if you traded it, you’ll remember for a long time. We’ve been looking for some type of washout move, [Read more…]
Good evening StockBandits!
Afternoon weakness has been the norm of late, and the market is struggling to break that habit [Read more…]
Good evening StockBandits!
An uneventful opening was soon met with more selling this morning, taking the averages well into negative territory to paint new correction lows on the daily charts [Read more…]
Good evening StockBandits!
Bounces lately have been short-lived and fully used for selling, and last week ended with yet another bounce biting the dust. [Read more…]
Good evening StockBandits!
Welcome to this week’s Charts on Demand video! Through this weekly feature, my aim is to provide you with some deeper education to improve your chart-reading skills by reviewing member-submitted charts. By staying objective and identifying areas of support, resistance, momentum or apathy on the charts, we can better determine which setups are viable plays and which may need more time. [Read more…]
Good evening StockBandits!
Stocks took another dive today to continue the failed bounce from last week. The S&P 500 undercut last Thursday’s low, but only fractionally, and the VIX again tagged the magic number [Read more…]
Good evening StockBandits!
Monday’s early bounce failure and subsequent feeble bounce left traders uneasy last night, and today’s price action reflected it. [Read more…]
Good evening StockBandits!
Modern day business advice says to “fail fast” with the thinking that doing so will help you discover success sooner. The bulls apparently took that same approach today, although [Read more…]
Good evening StockBandits!
The short-term pullback accelerated last week with stocks steadily sliding through Thursday morning, [Read more…]
