«Selling begets more selling.»
Traders,
The Wall Street Journal had an article out recently that took a fascinating look at how to measure the effectiveness of buying the dip. They measured the average performance of the S&P 500 in the week following a one-day loss of at least 1%. In a bull market where buy-the-dip reigns, markets tend to rebound after such a dip.
But not this year.
The inability to snap back makes 2022 the worst year since the early 1930s, nearly a century ago! Selling has begat more selling, and the rubber band has lost its stretchiness.
It won’t last forever, but consider this another reason why whatever strategies you’ve used in recent years aren’t working so well in 2022.
🛑 Webinar Tonight! Stock Order Types: Limit Orders, Market Orders, and Stop Orders at 7:00 PM EST on YouTube
In this webinar, Coach Gino will teach the basics of stock market orders, including how to control your entry, stop loss, and target in the set-it-and-forget-it method to order entry. We’ll break down three common order types: market order, limit order, and stop order.
Here’s what you are going to learn:
✅ What are the basic Market Orders
✅ Learn about Stop Orders
✅ Learn how to apply Bracket Orders
✅ Learn how to Set it and Forget it
Video of the Day: Frank’s Charts – Two Bulls And Bear
Watch this clip with Coaches Frank and Matt where they share a few charts and discuss potential #SwingTrading setups. $NFLX $CSCO $APLS $MRVI $FSLR $ABNB
Chart of the Day: S&P 500 Performance after Selloff
The week following a 1% one-day decline has seen the S&P 500 fall another 1%+. Gross.
Today’s line up
Traders Lounge 11 AM EST
Join the coaches in this live lounge, ask questions, discuss ideas or just sit back and listen to veteran traders discuss market conditions.
Halftime Report 12:30 PM EST
The Halftime Report starts at 12:30 EST and covers what news is driving the market, chart analysis from the movers and shakers of the day, and fun in a way that only the Coaches at Tackle can deliver.
Weekend Reports
Watch the Tackle Newsletter, Stock, Options, and Commodity Reports to help you prepare for the week.
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