Author Archives: Trader

S&P 500 trading below the 200-day moving average

S%P 500 chart

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnline.ca InvestOnline.ca

On March 11, 2008, CNBC’s Mad Money host, Jim Cramer emphatically said it was foolish to move money out of Bear Stearns.

He claimed that Bear Stearns was just fine. He was totally wrong. A week later JPMorgan agrees on March 16 to buy Bear for $236 million, or $2 a share, representing just over 1 percent of the firm’s value at its record high close just 14 months earlier. The deal essentially marked the end of Bear’s 85-year run as an independent securities firm. On Monday, March 17, Bear shares closed at $4.81 on optimism another buyer may emerge. The average target price: $2. Don’t confuse advice from someone in the entertainment business with advice from someone who manages money. In fact, don’t pay attention to anyone’s predictions. No one knows the future!

The Intellectual Void | Dancing with the Trend | StockCharts.com

Dow Jones Industrial Average attempting to stabilize at support after a volatile week

Dow Jones Industrial Average showing a support level

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnline.ca InvestOnline.ca

U.S. 10 Year Treasury yield testing resistance around 1.80%

Here is the 4-year weekly chart 10 Year US Treasury 4-year weekly chart showing a test near resistance of 1.80%

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Here is a 50-year long-term chart of the U.S. 10 Year  Treasury Yield

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnline.ca InvestOnline.ca

Bitcoin near major support at $40,000

The following  is the 7-month daily chartBitcoin 7-month daily chart showing the support levels

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The following is the long-term 5-year weekly chart Bitcoin weekly chart

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2022 TradeOnline.ca InvestOnline.ca

TSX Index up 21.74% in 2021

TSX Index sector performance

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2021 TradeOnline.ca InvestOnline.ca

S&P 500 up 26.89% in 2021

S&P 500 sector performance

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2021 TradeOnline.ca InvestOnline.ca

S&P 500 Index support and resistance levels

The S&P 500 has struggled to break above resistance of 4700 with divergence represented on the RSI indicator. The S&P 500 is now testing support at 4600 which is right at the 50-day simple moving average. You now have your lines in the sand before the major support level around the 200-day simple moving average. S&P 500 daily chart showing support and resistance levels

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Technical Analysis is about avoiding snakes and catching ladders

Note: This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.

© 2021 TradeOnline.ca InvestOnline.ca