Over the past few months, as Powell & Co. made it clear they would stay the course of rates going higher for longer, many people abandoned any nuanced analysis of ‘dot-plots’, terminal rates or curve inversion and adopted the stance the Fed would simply keep tightening “until something breaks.” I would venture to say last […]

Welcome back for another exciting week of trading. Today we have an old favorite on watch today as it has set up one of our favorite setups. Make sure you check out the full video breakdown below for all the details on what I am seeing. PDD Holdings (PDD) has created a large head and shoulders […]

As you read more of these articles and watch more trade breakdowns, you may begin to see some reoccurring themes. In this case, it’s a reoccurring pattern and one we have seen several times across a handful of different stocks. Seeing patterns over and over again helps in two ways: It familiarizes you with commonly […]

Market Commentary The past two days have seen a few positive catalysts that kicked things into a positive direction and pushed shares back above 4,000 (although we still have a ways to go before we retest the important 4,100 level). First off, the 10-year Treasury yield also dropped below 4%, which was a positive sign […]

The stock market started the year on a positive note after a year filled with macroeconomic and geopolitical challenges. The rally was driven by the Federal Reserve’s smallest rate increase since the beginning of the monetary policy tightening in March 2022 and Fed Chair Jerome Powell’s acknowledgment that inflation was showing encouraging signs. However, investor sentiment has taken […]