Category: Trading Videos

With the positive week, both the DOW and S&P 500 joined the NASDAQ with new green weekly Trade Triangles indicating that a long position is in order for the market. With the new green weekly Trade Triangles, all three indexes now have Chart Analysis Scores of +100, with green Trade Triangles across the board.

The DOW jumped +3.2% for the week and posted its biggest one-week gain since August erasing the steep September losses that the market endured. The S&P 500 and NASDAQ were up +3.8% and +4.5%, respectively. Both indexes had their biggest one-week gain since early July of this year. Continue reading "New Green Weekly Trade Triangles" →

Earlier in the month, I mentioned that September is a historically weak month for the stock market. This September was no different with the stock market having it's worst September since 2011. Just how bad was it? The S&P 500 lost -3.9%, the DOW shed -2.2%, and the strongest index of the year, the NASDAQ, fell -5.1%. Gold, crude oil, and Bitcoin didn't want to be left out of the party and posted dismal numbers as well. Losing -4.8%, -7.1% and -7% respectfully.

The only bright spot on a monthly level was the U.S. Dollar Index, which posted a gain of +1.7%, it's first monthly gain since March of this year, where it posted a weekly increase of +.93%.

On a weekly level, all three indexes will begin October with weekly gains despite the overnight news that President Trump has fallen ill with Coronavirus. Continue reading "September Was A Month To Forget" →

The stock market is trying to end the week on a daily positive note as we head into the close. The S&P 500 is +.9%, the DOW +.6%, and NASDAQ rounds out the positive run with a gain of over +1%, which has helped turn the week positive for the NASDAQ. However, the S&P 500 and DOW will post weekly losses marking four straight weeks losses.

On a weekly level, the S&P 500 will post a weekly loss of about -1.4%, joining the DOW, which will post a weekly loss of about -2.5%. The NASDAQ was looking at a weekly loss heading into the close, but afternoon strength in the tech sector was able to push it into positive territory with a gain of roughly +.25%.

But looking at the bigger picture, the major indexes have had a tough month, with the S&P 500 falling more than -6% in September. The DOW has dropped -5.2% over that time period, and the NASDAQ is down -8.2% month to date. September has certainly lived up to the hype. Continue reading "4-Week Losing Streak For S&P 500 And DOW" →

Historically speaking, September tends to be a weak month for the stock market. September has been the worst-performing month for markets, on average, since 1950, with the S&P 500 (SP500) dropping on average about -1% since 1950. And this September is no different as we prepare for the third week of trading. As we stand, the S&P 500 is down just a hair over -5% on the month, the DOW has lost -2.6%, and the NASDAQ has fared the worst with a loss standing at -8%. If we don't see a second-half rally, the stock market will post its first monthly loss in 5 months.

Will we see a late-month rally? Or are we headed lower?

On a daily level, both the S&P 500 and NASDAQ closed out Friday trading with losses over -1% with the S&P 500 losing -1.12%, and the NASDAQ lost -1.07%. The DOW fared slightly better, only losing -.88% after being down over -1% earlier in the day. Continue reading "September Blues Continue For Stocks" →

The DOW had been up as much as 249 points in early trading Friday before finally succumbing to sell-off pressure following the NASDAQ and S&P 500 lower in afternoon trading. As this video was recorded, the DOW was flat, drifting in and out of negative territory. The NASDAQ was down over -1%, and the S&P 500 was down -.39%. But the real story is the Trade Triangles.

At the beginning of the week, all three indexes triggered new red weekly Trade Triangles indicating that a move to a sidelines position is in order for the market. The Trade Triangles were triggered when the S&P 500 lost -2.7%, the DOW -2%, and the NASDAQ -4% as tech continued its sell-off from the previous week.

On a weekly level, all three indexes are looking at weekly losses of over Continue reading "Trade Triangles Signal Trouble Ahead" →