The “Coronavirus Stock Market Crash” Scenario A coronavirus stock market crash: “Is it possible?” a friend recently asked. I think he already knew my answer, but I could tell by his awkward grin, he was hoping I’d reassure him…I didn’t. Obviously, the answer was, and is: “Yes, it definitely could be a catalyst for a […]
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Stock Market Update Tuesday, April 7th, 2020 Yesterday the DOW finished with its 3rd biggest rally ever. And today it looked like stocks were going to add to yesterday’s gains. In overnight trading the major indices rallied. And at the open, the S&P was up by 3.5%, the DOW was higher by 4.2%, and the […]
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Best Tradingview Setup – How To Set Up TradingView For The PowerX Strategy by Rockwell Trading Best TradingView Setup: In this article, I will show you step-by-step how to set up TradingView for the PowerX Strategy. Let’s get started: Here’s how to setup TradingView for the PowerX Strategy in 8 simple steps: Step 1: Register […]
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Stock Market Update Monday, April 6th, 2020 It was quite a day. Stock were up early on news that COVID-19 cases seem to be tapering off. According to John Hopkins data, there were 32,100 new cases in the U.S. on Friday, 33,260 cases on Saturday, and just 28,200 cases on Sunday.
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Stock Market Update Friday, April 3rd, 2020 Today was all about jobs. The March Jobs Report showed that U.S. payrolls fell by 701,000 (100,000 was the forecast) and the Unemployment Rate jumped to 4.4% (3.8% was the forecast). This is the worst jobs report since 2009. And this expected to be revised to an even […]
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Stock Market Update Thursday, April 2nd, 2020 Unemployment Claims were released today. And it’s bad. Last week 6,648,000 people filed for unemployment. This is the most ever. With these numbers, it’s safe to say that even psychics are getting laid off…and something tells us they didn’t see it coming!
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Review Of Rob Booker and Markay Latimer’s “Profit Accelerator” Last week, Rob Booker and Markay Latimer launched their new services “Profit Accelerator.” In this article, I will review Rob Booker and Markay Latimer’s service: Who is Markay Latimer? What is her “Retirement Pattern?” Is there anything unique about this pattern? What’s included in this service? Is […]
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Stock Market Update Wednesday, April 1st, 2020 Stocks kicked off the month of April with a loss, dropping for the 2nd day in a row. Things looked ugly at the open, with the S&P down almost 4.0%. There was a glimmer of hope in the morning, with the major indices rallying all morning long.
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Stock Market Update Tuesday, March 31st, 2020 Stocks dropped today, ending the month of March and the first quarter of 2020 with a huge loss. The DOW ended the quarter down 23% and the S&P lost 20%.
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Stock Market Update Monday, March 30th, 2020 Stocks bounced back after Friday’s drop, and kicked off the week with a win. Today’s gains come in spite of more bad COVID-19 news and a slide in oil.
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Stock Market Update Friday, March 27th, 2020 Is this a bull market? Technically. But it sure doesn’t feel like it. With yesterday’s rally the DOW was up 20% since hitting a low 4 days ago. This put the DOW in a new bull market and brought the bear market to an end (the shortest bear […]
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Stock Market Update Thursday, March 26th, 2020 Today it was all about weekly Unemployment Claims…the first real glimpse at just how much COVID-19 and the call for “social distancing” has impacted the economy and workforce. And today’s numbers were even worse than most economists expected.
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Stock Market Update Wednesday, March 25th, 2020 The DOW finished higher for the 2nd day in a row. And if it feels like we haven’t had this happen in awhile, you’re right…the last time the DOW closed higher for 2 days straight was back in February!
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Stock Market Update Tuesday, March 24th, 2020 If you were waiting for a rally, today was the day! Stocks soared on hopes that Republicans and Democrats are getting close to an agreement on a stimulus deal.
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Stock Market Update Monday, March 23rd, 2020 It was another crazy day of trading. Last night futures went limit down AGAIN (down 5.0% over night) after Democrats and Republicans failed to agree on a stimulus bill.
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Stock Market Update Friday, March 20th, 2020 Things looked good early on today, with the major indices all higher across the board. The E-Mini S&P was up almost 4.5% overnight, then retreated and opened with small gains. But after the opening bell stocks rallied again.
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What Are Stock Market Circuit Breaker Rules? In this article, let’s talk about the stock market circuit breaker rules and how they can case “limit down” moves. During the stock market crash in March 2020, several times circuit breakers were tripped and trading was halted. Here’s an example from March 16, 2020, where trading was […]
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Stock Market Update Thursday, March 19th, 2020 Stocks finished the day higher. On a positive note, the major indices were up across the board. But today’s gains only put a small dent in yesterday’s losses. It was another wild ride in overnight trading. The E-Mini S&P was up 2.5% early. Then with a 7.5% slide, […]
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Stock Market Update Wednesday, March 18th, 2020 It was another tough day for the markets. But on a positive note, the major indices “ONLY” lost 4-6%. Things were ugly from the get go, with index futures going limit down overnight (halting after a 5.0% drop). The S&P was down around 5% at the open, but […]
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Stock Market Update Tuesday, March 17th, 2020 Today it was all about stimulus. President Trump held a press conference with Treasury Secretary Steven Mnuchin, outlining plans for an $850 billion stimulus package. The administration is considering deferred tax payments (up to 90 days) and direct payments to U.S. citizens (possibly $1,000). The direct payments could […]
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Stock Market Update Monday, March 16th, 2020 It’s getting even uglier. Friday markets had their best day since 2008. And it seemed like maybe the worst was behind us. But over the weekend, news of restaurant closures, business closures, more public meetings and events getting canceled (all because of COVID-19) had traders worried.
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