Today, Leslie talks about the three things all markets do. They go up, down, and sideways. As traders, we can learn to identify these types of price movements. You don't need to know what the market is going to do to make money. Technical Analysis is a tool we use to determine probabilities not, certainties of what the market is going to do. At the end of the day, the market gets to do what it wants to do and as traders we can assess the risk.
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Grayson is the VP of Operations at StockCharts. He is sharing some of the top charts he is looking at to run through the current market. Lots of rotation under the surface but it has been chopping around, a little range bound but so many things are starting to happen.
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Greg brings up an energy name that look like there's trying to popup again. There's also Magna International in the Consumer Discretionary/Auto Parts. Next, is Nutrien in Specialty Chemicals which merged with Potash Corp. a couple years ago. There's also Scotiabank where there's lots of opportu...
A pullback is a pause or moderate drop in a stock or commodities pricing chart from recent peaks that occur within a continuing uptrend. As TG recommends, "cross, test, cross, test.
He compares a couple of charts for QQQ and points out that there are differences in an hourly chart and a daily ...
