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SPY bulls back in business for now
Yesterday I made a humble prediction that SPY would continue bullish based on the potential 10-day MA crossing over the 50-day, along with the bullish candle from 5/8. Maybe it’s luck, or maybe it’s just trusting the TA, but today’s close on SPY has given me a reason to be excited that my original $530…
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The top manufacturing industry stocks and their charts
I love learning about new industries and all of their statistics. With research tools like IBIS World, investors are able to analyze the top companies in each respective industry to help guide their overall investment thesis. When looking at the manufacturing industry, which has a 9.9% profit margin as of 2023, the top companies spanning…
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Trying to figure out where the S&P 500 is headed
For a daytrader watching SPY for an intraday scalp, some days can feel infuriating, which is why I chose to not try and pursue my once dream of being a “daytrader” per se; I know myself too well, and sitting there all day waiting for a move can feel like watching water start to boil…
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Analyzing highly shorted stocks for a swing trade
One of my absolute favorite things to do is go to the library and check the bi-monthly updated Short Interest Analysis on the Bloomberg Terminal—there were some amazing trades from the top shorted stock list back earlier in the year: DM, MPW, GM, RIG, and BYND, just to name a few. And with the combination…