Tackle Today: Understanding drawdowns
August 20, 2020
How much conviction do you have to your trading plan? Do you have enough confidence in the techniques you use to keep using them after a period of drawdowns?
August 20, 2020
By Tim Justice
How much conviction do you have to your trading plan? Do you have enough confidence in the techniques you use to keep using them after a period of drawdowns?
August 13, 2020
By Tim Justice
Today, the market is flirting with the all-time high and it is very possible it will hit it today or tomorrow on the S&P 500.
May 26, 2020
By Tim Justice
The S&P 500 is breaking out of resistance today.
May 14, 2020
By Tim Justice
≈ An important technical price point ≈ Traders, Jobless claims data came in this morning which propelled the market to sell for another day (at least at the open) following a few days of red across stock prices. The broad markets are mixed over the last few weeks, with general strength in communications and technologyREAD MORE
January 11, 2019
By Tim Justice
≈ Sector Rotation Basics. ≈ The S&P 500 hit its all-time high on September 21st, 2018. In the last 76 trading days the best performing sectors by percentage measured against the S&P were Utilities, Real Estate, Staples and Health Care. Energy, Financials, Industrials, Technology and Materials were the weakest performers during this time frame. 11READ MORE
June 20, 2018
Hi there Tackle Traders! I’m slowly coming off the highs of the Washington Capitals Stanley Cup win and parade. These past few weeks Washington DC has been so vibrant with everyone rocking the red and ALLCAPS. The players were just wonderful in how they celebrated their win with the fans. I think they will beREAD MORE
June 5, 2018
Hi there Tackle Traders! If you’ve been a member of Tackle for a while you know that our coaches here love what they do and more importantly that you love and see value in what Tackle puts out daily to help you in your trading journey and daily routine. They also love sharing stories aboutREAD MORE
May 22, 2018
“What has happened in the past will happen again and again” – Jesse Livermore Hello Tackle Traders! I am going to take a guess and say that most people today use some type of social media to connect with friends, family, and colleagues. A lot of businesses have also embraced the world of social media eitherREAD MORE
May 9, 2018
Welcome back tackle traders! Can you believe we are in the fifth month of trading already! With the exception of a few sectors that have yet to report, earnings season will soon be in the rearview mirror yet the market is unchanged since the beginning of earnings season. I find myself wondering if the seasonalityREAD MORE
April 24, 2018
Hi Tackle Family, It’s April and there are a lot of things about this month that makes it exciting. The NBA/ NHL playoffs, NFL draft around the corner and baseball season underway is great for those who love and follow these sports. For others is just being able to take a walk around theREAD MORE
April 10, 2018
Hello Tackle Family! The first quarter of the trading year is behind us now and it sure went out with a bang! The second quarter is off to a shaky start as well. I guess we can officially say that volatility is back and it’s here to stay! With unemployment numbers slated to be announcedREAD MORE
March 22, 2018
Hello Tackle Family! What’s good Tackle Traders! For those on the East coast I hope you are enjoying your snow day today and to you folks further north in Philly all the way up to Boston I’m sure you’ve seen enough of this snow. So much for spring, right!? In any case, it’s good toREAD MORE
February 15, 2018
Hello Tackle Family! What a week this has been! Sunday we watched the Eagles fly high and win the Super Bowl then come Monday morning while America was tuned in to the aftermath of the celebrations from Philly fans, traders watched as the DOW took a plunge along with other indexes. One after another everyREAD MORE
September 11, 2017
MARKET SNAPSHOT Dow 22058.67 +259.58 (1.19%) Nasdaq 6432.23 +72.07 (1.13%) SP 500 2489.56 +26.68 (1.08%) 10-yr Note -22/32 2.131 NYSE Adv 2319 Dec 627 Vol 794.9 mln Nasdaq Adv 1691 Dec 885 Vol 1.81 bln IN THE NEWS HIGHLIGHTS: Hurricane Irma weakens; investors dial back estimates for economic damage. North Korea decides against weekend missile launch. Financials bounce backREAD MORE
September 7, 2017
MARKET SNAPSHOT Dow 21786.08 -22.86 (-0.10%) Nasdaq 6397.84 +4.55 (0.07%) SP 500 2466.55 -0.44 (-0.02%) 10-yr Note +16/32 2.048 NYSE Adv 1502 Dec 1394 Vol 786.7 mln Nasdaq Adv 1271 Dec 1362 Vol 1.99 bln IN THE NEWS HIGHLIGHTS: ECB leaves interest rates unchanged; ECB President Draghi says the central bank will make a decision on its QE programREAD MORE
September 6, 2017
MARKET SNAPSHOT Dow 21808.94 +54.33 (0.25%) Nasdaq 6393.29 +17.74 (0.28%) SP 500 2466.99 +7.69 (0.31%) 10-yr Note -12/32 2.102 NYSE Adv 1822 Dec 1092 Vol 813.0 mln Nasdaq Adv 1436 Dec 1204 Vol 1.87 bln IN THE NEWS HIGHLIGHTS: Investors attempt ‘buy-the-dip’ trade following Tuesday’s slide. President Trump and House Democrats reach an agreement to extend the debtREAD MORE
September 5, 2017
MARKET SNAPSHOT Dow 21754.61 -234.25 (-1.07%) Nasdaq 6375.55 -59.76 (-0.93%) SP 500 2459.30 -18.70 (-0.75%) 10-yr Note +28/32 2.07 NYSE Adv 881 Dec 2059 Vol 907 mln Nasdaq Adv 952 Dec 1834 Vol 1.87 bln IN THE NEWS HIGHLIGHTS: North Korea conducts its sixth nuclear test on Sunday: caution returns to capital markets. Financial sector noticeably weak as long-termREAD MORE
August 31, 2017
MARKET SNAPSHOT Dow 21949.40 +55.67 (0.25%) Nasdaq 6428.64 +60.35 (0.95%) SP 500 2473.10 +14.06 (0.57%) 10-yr Note +3/32 2.121 NYSE Adv 2136 Dec 761 Vol 941.7 mln Nasdaq Adv 1907 Dec 909 Vol 1.87 bln IN THE NEWS HIGHLIGHTS: Rate-hike expectations remain subdued following a tepid increase in the core PCE Price Index for the month of JulyREAD MORE
August 30, 2017
MARKET SNAPSHOT Dow 21893.73 +27.06 (0.12%) Nasdaq 6368.29 +66.42 (1.05%) SP 500 2459.04 +11.29 (0.46%) 10-yr Note -2/32 2.138 NYSE Adv 1826 Dec 1095 Vol 646.3 mln Nasdaq Adv 1708 Dec 1073 Vol 1.7 bln IN THE NEWS HIGHLIGHTS: ADP Employment Change Report for August beats estimates (237K actual vs 180K Briefing.com consensus). Second estimate of Q2 GDP comesREAD MORE
August 29, 2017
MARKET SNAPSHOT Dow 21866.67 +56.97 (0.26%) Nasdaq 6301.87 +18.87 (0.30%) SP 500 2447.75 +2.06 (0.08%) 10-yr Note +10/32 2.123 NYSE Adv 1408 Dec 1496 Vol 680.7 mln Nasdaq Adv 1435 Dec 1355 Vol 1.6 bln IN THE NEWS HIGHLIGHTS: North Korea launches a missile over Japan; President Trump says “[a]ll options are on the table” in response. FinancialREAD MORE
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