The Market Pulled Back Hard This Afternoon. Here Is What I Saw.
This afternoon the market handed us a test. We were running strong all morning. Then around 1PM it pulled back. A sharp selloff that dropped
This afternoon the market handed us a test. We were running strong all morning. Then around 1PM it pulled back. A sharp selloff that dropped
The market moved on headlines today. Iran news, blockade updates, ceasefire rumors. This tape is moving on headlines and each one is landing like a
I'm not worried about the gap down. I'm worried about the recovery. Here's why that matters. SPY has been building a bear flag since late
Trading is not complicated. It just feels that way. Last Monday in Game Plan, a SPY put zone triggered at the open. I paid a
Most people are getting whipsawed in this market right now. This morning SPY opened lower. Then it bounced, even went positive for a stretch. Most
Iran is not the cause of this weakness. Iran is the snowflake that caused the avalanche. Look at the consolidation that was happening at the