A month ago, we wrote about the risk that the stablecoin Tether plays in the cryptocurrency markets. View that article here: https://www.simplertrading.com/hidden-risk-in-crypto-tether/ In just one month, we have seen the market begin to ask the same questions regarding the availability to convert Tether back to dollars. This issue was brought up in mainstream media as … Read more
The market has had a few wild swings lately. While the down move was the easier one to catch, staying out of the market during times like these can be a wise option, too As traders we certainly have an urge and itch to always be in the action and making trades, but if you … Read more
Earnings Season Has Begun! Why That’s So Important For Your Investing If you want to uncover the next big winning stock, now is the ideal time to be screening the markets. Why? Because the number 1 driver of a stock that goes on to far outpace the markets is big, accelerating earning-per-share (EPS) growth. This … Read more
Over the last few weeks, the markets have continued their grind higher on the backs of big moves from tech-names like $AMZN, $GOOGL, and $MSFT. While tech has been the clear leader here, other sectors such as energy, the financials, and transports “leave a lot to be desired.” With the $SPY and $QQQ extended, being … Read more
Good news, the S&P 500 (SPY) and Invesco QQQ (Nasdaq exchange traded fund) have been hitting new all-time highs. This reinforces the stance I had that the SPY move down in mid-June was just a dip. It was a little intense at the time, but I definitely wasn’t communicating anything bearish to the Moxie IndicatorTM … Read more
The Divergent Bar can help determine the potential move of one (or potentially up to 3) bars into the future. It is a tool used to identify if you will see a potential higher high or lower low within the next three bars. Depending on the time frame, you can use this tool to make … Read more
If you took a poll of most crypto traders and asked them what they think is the biggest risk to the crypto markets long term most would likely answer “government intervention/regulation.” That would be a good answer as government intervention, where they can intervene at the point of entry, is certainly a big risk long … Read more
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 summer is quickly approaching, which can often be a time where the markets are sloppy at best. However, there are a handful of reasons to believe the market is setting up for another push into new highs over the next 1-2 weeks. With bullish trends fully intact on the weekly charts, both the $SPY … Read more