RTM, But When?
Reversion to the Mean is a fairly common concept in trading, but the real art of it comes from timing the “when”. Let’s look at one way you might consider doing that into the end of the quarter.
list of daily videos
Reversion to the Mean is a fairly common concept in trading, but the real art of it comes from timing the “when”. Let’s look at one way you might consider doing that into the end of the quarter.
If day one of the semi-annual monetary policy report is going to offer traders an opportunity for buys, these are the symbols on the radar.
We have had a strong few weeks with the indexes, and then finally the rest of the market started to come along. But now we are at a point where the markets are very stretched and we should be ready for some sort of pullback or refresh. Once that happens though, I would be interested in buying dips.
Accelerated markets can be very trying for trades waiting for a more significant pullback, aka the mean revision. In this update, I explain what alternative levels are on two symbols on my radar.
The levels we’ve been talking about as an upside objective in TSLA were realized today with the high of the day coming to within 13 cents of our level. That doesn’t mean that the advance in the company’s stock is done, so let’s cover what to look for to determine whether this name might keep going from here, or reverse now that our levels have been reached.
S&P futures spent several sessions under the wall of resistance at 4300. Now that we’re ~150 points above that is there anything left to buy? Let’s see if we can find a few for tonight’s video review.
Both Nat Gas and Crude Oil woke up today. Let’s look at this and make a trade plan for what may be next.
Take a look at this video to see what the Fed is and how today’s Fed Rate Decision impacted the market.
In this video, we discuss today’s FED meeting and outcome. The Fed held tight on more rate hikes for this meeting, and this was expected, but what lies ahead? Powell says there is a possibility of 2 more rate hikes to come this year if inflation doesn’t come down. We discuss the levels to watch and the crazy rally that has led us much higher in the last several weeks. We are very extended, but can we continue higher?
The equity market is bigger than any one stock, but to what degree? That depends on which name we’re talking about, and at least for now AAPL continues to carry the weight of the world.