The common refrain, “Sell in May…” gives this month a bad rap, but it doesn’t deserve it.
May is historically one of the least volatile months of the year as measured by its closing average return in the S&P500. Since …
This is just one of several headlines about stagflation we have seen this week:
April 27, 2023 TheStreet.com
Stagflation Risks In Focus As U.S. Economy Slows, But Inflation Stays High
"The coveted soft landing is looking increasingly difficult to achieve …
The PCE rises (although far from the 8% peak).
The GDP falls (is contraction of the economy over?
Meanwhile, stagflation persists along with the trading ranges in indices and many sectors.
Plus, the theory we have been expounding on (a …
Earnings season is often filled with big gaps, and it's easy to look at them as big opportunities to catch a big move quickly.
However, it's also easy to get burned by entering trades right before the earnings announcement.
Here's …
Weak earnings and even worse conference calls drove UPS (UPS) and First Republic Bank (FRC) down right from the open, then even lower as the day unfolded.
Between these stocks, two of market's primary fears came to the forefront – …
There's a simple professional trader's tactic for anticipating intra-day market reversals near the levels that later become the high or the low of the day.
This tactic worked perfectly at calling today’s high of the day in SPY (and the …
Heads up, you wouldn't know it by looking at its daily chart, but the SMH is skating on some very thin ice.
Since the market's lows in October 2022, the SMH has been one of the recent bull rally's earliest …
Thursday morning April 20th, I began the day with the crew at the Benzinga PreMarket Prep show.
We (Joel and Mitch) covered a lot.
The focus remains this persistent, rangebound market.
I use many different moving averages consistently through the …
Regional Banks (KRE) made a comeback during the session.
The price pierced the 44 resistance level and closed above the last 18 trading day’s range.
On March 6th, over a month ago, I wrote a Daily called, Retail and Regional …
After recent price cuts and low expectations of only $.85 per share or a 20% drop since a year ago, many eyes will watch Tesla after the close.
Tesla, always controversial, can either beat those low expectations and provide a …