Technical Analysis
it has been a mixed market with some indices like the NASDAQ and S&P 500 performing well due to their heavy tech weighting, while others like the Dow Jones Industrial Average and the New York Stock Exchange Composite Index are struggling, being below their 50-day moving averages....
Weekly Market Update - June 10, 2024
Welcome to this week's market update! As we navigate through a week of market fluctuations, we're witnessing potential signs of recovery and key trends shaping the financial landscape. In this edition, we delve into the latest technical analysis, spotlight indiv...
In this video, Mark Yegge raises a pertinent question: Is NVIDIA, often touted as the next big stock, showing signs of topping, at least in the short term? Despite its impressive performance, recent developments in NVIDIA's chart suggest potential challenges ahead. Let's delve into Mark's analysi...
In a market characterized by volatility and uncertainty, identifying potential breakout opportunities is key for traders seeking to capitalize on market movements. In this blog post, we'll delve into Mark Yegge's analysis of Apple stock, highlighting the signs indicating a potential breakout and ...
In stock trading, understanding the concept of gaps is crucial for making informed investment decisions. Whether you are engaged in covered calls or other investment strategies, gaps can provide significant insights into market psychology and price movements. In this blog post, I will summarize k...
In 2020, a friend approached me with a straightforward yet ambitious goal: to create a system that would generate $10,000 a month. With years of experience in the stock market, I took on the challenge. The result was a comprehensive system that not only met his needs but has since helped numerous...
In the crowded and often overwhelming world of stock trading, where the market can feel more packed than a New Year's resolution yoga class, it's easy to feel lost. Free eBooks read like complex stereo instructions, costly courses abound, and YouTube gurus offer advice that might as well be magic...
Investing can be daunting, especially when faced with market volatility. However, there's a strategy that can help you generate consistent income: covered call investing. In this blog, we'll delve into why perseverance is key in covered call investing, using insights from a recent YouTube video b...
In the world of investing, you've probably heard the adage, "You can't time the market." But have you ever considered who is telling you this? As a brokerage firm veteran and owner, I can assure you that the industry is incentivized to keep your assets invested. Mutual funds, hedge funds, and bro...
Hello and welcome to this week's edition of our market newsletter. As we wrapped up a short trading week, it's crucial to stay informed and prepared in these volatile times. This week, the markets have shown a clear downward trend, with all primary indicators flashing red. Whether you're a long-term...
Welcome to another weekly market update! I hope you're doing well. I'm excited to bring you this week's insights and analyses to help you navigate the financial landscape. As the end to the long weekend approaches, the market condition is currently yellow, signaling mixed signals and a cautious outl...