Trading the first half of this year has been insane and I’ll never forget it for the rest of my life. We went from a super bull market, to high inflation, to a bear market that’s on the verge of a stock market crash. This is how I’ve been making it...
AMC has recently reclaimed the 50 day moving average. I’m not sure why but people are still trying to short this even as it has bottomed out. There is also quite a bit of short interest that remains even though the stock has completely sold...
![Tomorrow The Stock Market Is Getting Wrecked [Powell Testimony]](https://usvsherd.com/wp-content/uploads/2022/06/WRECKED-copy-1080x675.png)
Everyone is calling a bottom right now but I believe we are quite a ways from it. When the data and inflation starts turning around, that’s when I believe the bottom will be in. Everything else right now is only noise. Powell will also be testifying and we have...
People don’t think the Fed will crash the stock market but I believe they are willing to do the most to get inflation under control. Hopefully the CPI data that comes out June 10th will show a cooling of inflation. If not, we are definitely in for a rough ride...
The PDT rule limits traders with an account balance below $25,000 to 3 day trades per every 5 business days. In our opinion it puts a lot of constraints on traders with small accounts to make certain trades and inevitably costs them money. The trader would be better...
