My thoughts on the stock market today and how I'm approaching it
Hey everyone, I recorded a video. My first of this kind. I breakdown the S&P 500 SPY and my thoughts on markets going into the end of the year. Let me know what you think.
I make an important point at the end of the video: always do your own research. This is just me thinking out loud. I could be totally wrong or maybe I will get it right? Let's find out and leave your comments below.
Key talking points:
2020 election is coming!
Retail traders strong hands or weak hands?
Will another down move come?
I am planning for sideways chop the rest of the year
I am looking for quick swing trades
Keep in mind I got my last positioning wrong! I thought the market would rip higher or grind lower. It did neither. It very slowly went sideways, slightly up. Maybe this one I can get one right? Pure luck if I do! :)
I make an important point at the end of the video: always do your own research. This is just me thinking out loud. I could be totally wrong or maybe I will get it right? Let's find out and leave your comments below.
Key talking points:
2020 election is coming!
Retail traders strong hands or weak hands?
Will another down move come?
I am planning for sideways chop the rest of the year
I am looking for quick swing trades
Keep in mind I got my last positioning wrong! I thought the market would rip higher or grind lower. It did neither. It very slowly went sideways, slightly up. Maybe this one I can get one right? Pure luck if I do! :)
I work at TradingView helping to build charts, tools, and software for everyone interested in financial markets.
Twitter: twitter.com/scheplick
Blog: scheplick.com/
Twitter: twitter.com/scheplick
Blog: scheplick.com/