In this edition of the GoNoGo Charts show, Alex takes a top-down approach to analyze the markets using GoNoGo Charts' unique approach. Alex shows how the major asset classes are performing, then looks at the macro factors that effect the equity markets. Treasury rates, gold,
Shares of Nvidia (NVDA) soared today after the company reported earnings that were well above estimates. Most impressive however, was the company's estimates for next quarter's revenues which was more than 50% above Wall Street estimates. NVDA cited surging demand for its chips that help
On this week's edition of Stock Talk with Joe Rabil, Joe tries to simplify the ADX indicator by showing how it will help to determine what you should be doing - pullback or breakout. He then explains how to use these tools in multiple timeframes
What a difference an election can make. In 2022, the Democratic Party was swept into complete control in Michigan, winning the state Senate, House, and the governorship. Organized labor has always been the backbone of the Democrats in Michigan and, upon getting their allies into
In 2023 it’s no hot take to note that intellectuals and government officials on the political right are increasingly joining forces with intellectuals and government officials on the political left to demand greater government control of the economy. Of course, many details of the interventions
Hershey's stock has pulled back. If you missed a previous opportunity to own the stock, this may be your second chance. Explore a few simple technical analysis tools that can help determine if the stock presents a buying opportunity. Are you bummed out that you missed
SPX Monitoring Purposes: Long SPX on 2/6/23 at 4110.98. Monitoring Purposes GOLD: Long GDX on 10/9/20 at 40.78. Long Term SPX Monitor Purposes: Neutral. Yesterday, we said, "We posted the TRIN and TICK closing readings on the chart that reached panic levels. Most of the panic readings
In this week's edition of Trading Simplified, Dave shows his methodology in action with a recent crypto and stock trade, where he's "free rolling," which he notes is the secret to longer-term trading success. He then resumes his series on the wisdom of Jesse Livermore, discussing
In his 1962 book Capitalism and Freedom, Milton Friedman asserted, “Humility is the distinguishing virtue of the believer in freedom; arrogance, of the paternalist.” Today, there are many more arrogant paternalists who don’t always wear the progressive or socialist label. They create little and demand much
Should drivers for app-based delivery services such as DoorDash and UberEats receive sick pay? Will such a policy raise prices and decrease demand? And, perhaps less obviously but more importantly, does mandating sick pay for such individuals change the way we define work and economic