
Tackle Today: Favorable Odds
There are two fundamental reasons why we like to enter trades at support and resistance: favorable odds and favorable asymmetry.
There are two fundamental reasons why we like to enter trades at support and resistance: favorable odds and favorable asymmetry.
Resistance is support flipped on its head. Keep reading.
There are many ways to describe support zones on a price chart. For me, support is an upward move in price.
Our attention turns to support and resistance this week. Keep reading.
Rising rates elevate the cost of capital while increasing the discount to future cash flows. Both things certainly don’t seem bullish for stocks.
Today we’re discussing the second reason why rising rates matter: it lowers the value of future profits.
Money makes the world go round. It is the oil of the economic engine. But it’s not free – at least not usually.
Much hay is being made about inflation and higher interest rates. If you’re wondering what all the fuss is about, we’re here to help.
This is what chart readers and top-shelf technicians do. They view candles as a piece of the bigger puzzle.