It’s been a tough period over the past 4 weeks as investors try and gauge whether the economy’s growing too fast amid supply and labor shortages. As always, uncertainty is not the market’s friend. While the broader markets have been chopping around during this relatively tough period, over the past week a select area of … Read more

When the FED or the government make an announcement, the markets are likely to react. Whenever there is unexpected news, many new intraday traders can find themselves in the red after volatility takes over the markets surrounding the news. On April 22nd, 2021, we found ourselves in the midst of unexpected news with President Joe … Read more

The market has been on a tear since the Covid-19 low back around mid-March of last year, but there have been some levels where the market has become volatile and run into resistance. Many of those areas coincide with Fibonacci (Fib) levels, which I think is fascinating. I always wonder if Fibonacci points have become … Read more

Inflation Spikes To Levels Not Seen Since 1981 Fears of increasing inflation pushed stocks lower today after the Labor Department reported that consumer prices surged faster than expected in April. The 4.2% increase was the highest inflation rate since the Fall of 2008 with core CPI having the biggest monthly increase since 1981. The news … Read more