What Are Moving Averages and Why Are They Important?

Read stock charts like a CMT with this video

Published: January 23, 2021 Claim Your FREE Stock-Training Class Today! The media is buzzing about Joe Biden's inauguration and what a Democrat-controlled government could mean for the U.S. economy and stock market.  Any time big news like this breaks, it has the potential to impact stocks and cause market volatility. And this new "changing of the guard" couldn't come at a more tenuous time.  WealthPress Head Trader Roger Scott has been warning his readers for weeks that the broader indexes are looking overstretched… meaning they could snap back at any moment.  We're not saying this is going to be the catalyst that shakes up the market, but it doesn't hurt to start preparing now for a changing climate. To get you started, Roger and Tom Busby teamed up to bring you a timely training seminar. In it, they'll show you how to spot stocks set to climb regardless of headline news or market volatility.  See What Roger and Tom Have Prepared MovingAverages and Why They're Important I get a lot of questions from readers and viewers, and people often want to know more about moving averages and why they're important.  Chart watchers and market technicians use moving averages to understand ongoing market trends. These can be over short periods like hours, days and weeks, and you can also go back hundreds of days and even years for historical references like all-time highs.  The two most popular are the 50-day moving average, and the 200-day. Check out my video and you'll be reading charts like a chartered market technician.  See Why Moving Averages Are So Important 2 'Cheap' Energy Stocks Under $5 January 21, 2021 Everyone likes to hear about "cheap" stocks, and today I have two low-priced energy stocks under $5 I'd like to share.  Continue Reading… 2 Ways to Generate Income on Wall Street January 19, 2021 Today, we'd like to show you how to generate income on Wall Street by looking at two different ETFs. Continue Reading… Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

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