The market broke above 200-day MA, hurray! But now that level needs to hold. We may see a consolidation at the current levels, investors taking profits, or whatever else may happen here. We may also see a complete failure as more bears will be stepping in. I will also start adding cheap butterflies to Continue reading →
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Archive for December, 2022
Posted by Martin
December 02, 2022
Posted by Martin
December 01, 2022
11.30.22 – WEDNESDAY MARKET OUTLOOK
Well, that was it today. Powell said what we expected anyway, that the FED is slowing down their interest rate hikes, and the market melted up this time. It amazes me how irrational the market is. Just a few days, even today morning, everybody was selling everything in fear of recession; Morgan Stanley’s analysts Continue reading →
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