This week, the major indexes closed their worst five-day period in four months. Stocks are now officially in correction mode after strong and consistent outflows by institutional investors. Next week, stock investors should pay close attention to the key support level of 1420 on the S&P 500 Index. If we close below this level next week, stocks could quicken their decline. However, if stocks hold above this key support level, it will indicate tremendous strength in the markets to continue moving higher. Be advised.
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(Recorded on 05/07/24) In this live webcast, trading coach Jerry Robinson comments on the latest FOMC meeting and Washington’s push to reschedule cannabis under the Controlled Substance Act. Later, Jerry shares many charts along with his signature market...
I am a big fan of monthly candlestick charts because they provide me with a panoramic view of market movements. Don’t get me wrong. Daily charts are great. But you can only get so much information from a short-term chart. Unlike daily charts, monthly charts...
Segment 1: Stock Trading Q&A for New Traders SEGMENT BEGINS AT 02:25 In this segment, Jerry Robinson answers some of the most common questions we get from new traders about how to get started in trading the markets. Q&A topics include: What is the difference...
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