Well, traders, the roller coaster ride continues for another day. Just yesterday, the Nasdaq officially dipped into a correction. But today, it surged ahead by over 3%. That's the index's best closing in four months! And the S&P 500 was able to add 1%. And the reason behind the continued swing? Bond yields! Investors are following the ebb and flow of bond yields, hopping in and out of the tech sector in response. But will we ever see the market normalize? Well, it depends on what you mean by normal. This is a typical setup pitting the bears against the bulls. That's why I'm continually watching the current market trend. By using trend lines, we can get a good picture of the next big market movement. That's essential to staying ahead of the curve and finding opportunities as investing sentiment shifts. So, be sure to check out my information below if you want to see how you can leverage the current market situation to make some profitable trades!
Now let's go Beyond the Trade: How to Properly Set Trading Goals for Yourself When you first started trading, did you trade just to trade? Or did you have an end goal set in place? There's a popular saying "not planning is planning to fail." In this video, I'll discuss what its like to reverse engineer a trading goal. For some, having a trading goal may seem foreign or pointless. But a trading goal keeps you accountable and helps you see the bigger picture of where you want to be on your trading path. Watch the video to learn more about setting your trading goals!
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Tuesday, March 9, 2021
The bears and bulls continue to battle over the market's future direction
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