It has been an interesting week for the markets, with four consecutive higher highs each day after Monday. I was mainly shorting for three days this week. Monday was the day I completely misread, ending the day flat. I primarily worked on rectifying Monday’s mistakes. To sum up, I was overly confident. It’s rare in
Yesterday’s day trading was a disappointment for me; it was the first time since May 2024 that I’ve made three consecutive mistakes. I attempted to trade on the short side, which unfortunately resulted in losses. Despite my setbacks, the Nasdaq ended the day in positive territory, while my account took a hit. My aim is
This week, my focus will be on the ongoing selling pressure in both the NDX (Nasdaq 100) and SPX (S&P 500). Currently, we’re seeing prices dip below last Friday’s close, signaling a bearish trend. Expect heightened volatility in the Insurance sector. If we don’t see further declines, I’ll take note of it. However, I won’t
My answer:Key Stocks are trading lower: Take a look a closer the picture. The next question, why are the key stocks trading lower. Selling pressure across the board, only RealEstate, Utilities and ConsStables up since 9.30am EST today. This can translate into a continuation tomorrow. A few of my warning signals have triggered today. Want
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