madisonsoun97

madisonsoun97

Nio. along with most tech and EV stocks has aggressively sold off over the last month. But is the selling really over or was this a dead cat bounce? I for one hope for the former. Here is what I am looking for in Nio from a technical standpoint: - Bounce off the $31.86 level with candle close just below the 180 EMA (Happened) - Green Candle break above $38.59...

madisonsoun97

The more I make these posts, you will see how much I enjoy investing and swing trading Sector Select SPDR ETFs. Besides Financials (XLF) and Energy (XLE), the Consumer Discretionary (XLY) industries are great places to be situated in during a rebound in the economy. With interest rates projected to rise, many have come to believe that inflation has risen above...

madisonsoun97 Updated 

As you probably are aware, 10 year yields are have been increasing for the past week or so as the fear of raising interest rates increases. In short, yields go up with interest rates as bond prices decrease. When rates are projected to go up - as markets are a forward looking indicator - stock prices will decline as investors are pricing in a higher cost of...

madisonsoun97

TNA which is the Direxion Daily S&P Small Cap 3x leveraged is an ETF that I just came across. I usually trade TQQQ and SPXL while carrying a small position overnight in order to mitigate my risk from daily rebalancing of the leverage ETFs. TNA has run up under 980% since the COVID - 19 sell off and is approximately 40% above its pre - pandemic high. I have heard...