Stocks: Is the Correction Over?
Stocks sold off on Monday, but their direction will depend on earnings and economic data.
Stocks sold off on Monday, but their direction will depend on earnings and economic data.
Silver sold off as gold price pulled back from new local highs; more data and Fed in focus.
Gold is fluctuating after its recent advances; tomorrow’s Fed in focus.
The stock market is poised to open much lower, but does this signal a new downtrend?
Silver price keeps moving sideways as markets await the Fed release on Wednesday.
Paul Rejczak’s approach to the market is based on an analysis of recent and historical price movements, in conjunction with events or fundamental data that may influence short- to medium-term price trends.
Purely technical market analysis can lead to a lot of misleading signals, but when combined with an analysis of events that can potentially trigger changes in sentiment, an optimal and profitable strategy develops for the long term. In his Stock Trading Alerts Paul analyzes the main indicators of the stock market’s behavior, focusing on the S&P 500 index of the New York Stock Exchange. The trader can take positions on index futures, ETFs, or options. Each position will have its own target profit level and a point at which it should be closed with the smallest possible loss (stop-loss level) while maintaining a favorable risk/reward ratio.
Paul Rejczak is a stock market strategist who has been known for the quality of his technical and fundamental analysis since the late nineties. Paul has made his name by developing mechanical trading systems and he is interested in forecasting market behavior based on both traditional and innovative methods of technical analysis.
At Golden Meadow, Paul is currently developing the Gold Price News and publishes the daily Stock Trading Alerts, a premium product designed for those who want to stay on top of movements in the S&P500.