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We’re focusing on the S&P 500 this week because quite frankly, this is the only chart that matters. The Big 3 indicator is printing red on the weekly and daily charts, representing a bearish signal. Although the market rallied … Read more
I hope everyone is having a successful first week of the new year. On Friday, the Non-Farm Payroll (NFP) job report is set to release at 8:30 a.m. Eastern, followed by the U.S. ISM services index report at 10:00 a.m. … Read more
It’s the last trading day of the year! We had tax loss harvest trading on Friday morning as investors disposed of positions with large losses in an effort to reduce their tax bill. My pick for a reversal trade was … Read more
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