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From The WealthPress Team

Where Are The Markets Headed Right Now?

Where Are The Markets Headed Right Now?

If you haven’t heard, the S&P 500 fell more than 6% over Monday and Tuesday… There’s no doubt in my mind that coronavirus fears sparked this recent selloff.

Don’t Swim Naked

Don’t Swim Naked

The S&P 500 shed 100 points and fell more than 3% for a second day in a row and is now trading between its 50- and 200-day moving average, or what I call “the twilight zone”…

Update on Coronavirus and Markets

Update on Coronavirus and Markets

Things… aren’t looking too good folks. The number of coronavirus cases have surged over the weekend, expanding globally and leaving a bleaker outlook for the economy.

Stay Calm and Trade On

Stay Calm and Trade On

The Nasdaq has climbed 12.3% from its Christmas Eve low but remains in a bear market Out of correction? A new year, a new market. The Dow Jones Industrial Average and the S&P 500 appear in position to exit correction territory if a multiday rally on risk assets...

A New and Novel Way to Make Big Money Fast

A New and Novel Way to Make Big Money Fast

The new and novel way to make big money fast comes from a system that is based on the technology premise behind Renaissance Technologies. Renaissance is a computer trading platform that is owned by its employees, and who does not accept clients.

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Definitions

The Squeeze is the central concept of Bollinger Bands®. When the bands come close together, constricting the moving average, it is called a squeeze. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities. Conversely, the wider apart the bands move, the more likely the chance of a decrease in volatility and the greater the possibility of exiting a trade. However, these conditions are not trading signals. The bands give no indication when the change may take place or which direction price could move. John Bollinger suggests using them with two or three other non-correlated indicators that provide more direct market signals. He believes it is crucial to use indicators based on different types of data.

Roger’s Toolbox

Market Update

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