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Remember how last week I talked about when the RSI breaks the 30 level, that makes the market officially oversold… Well, this morning, it hit 29…
Posted by Andrew Keene | Sep 26, 2022 | Investing, King's Corner, Trading Strategies, Unusual Options Activity
Remember how last week I talked about when the RSI breaks the 30 level, that makes the market officially oversold… Well, this morning, it hit 29…
Posted by Andrew Keene | Sep 23, 2022 | Investing, King's Corner, Trading Strategies, Unusual Options Activity
Bit of a crazy week in the stock market to say the least. Over 260 stocks hit 52-week lows this week… The market proved as volatile as ever… And Powell’s speech and the Fed raising interest rates another 75 basis points didn’t help much…
Posted by Andrew Keene | Sep 19, 2022 | Investing, King's Corner, Trading Strategies, Unusual Options Activity
There are a few tried and true technical indicators with clear benefits to predicting market moves. The one I’m watching closely this week is RSI, or Relative Strength Index…
Posted by Andrew Keene | Sep 16, 2022 | Investing, King's Corner, Trading Strategies, Unusual Options Activity
No sense dressing it up… Stocks got wrecked this week. S&P 500 down almost 7%, and NASDAQ down almost 8%. Yet, with portfolios down across the board, my newest strategy continues to produce quick winners…
Posted by Andrew Keene | Sep 12, 2022 | Investing, King's Corner, Trading Strategies, Unusual Options Activity
After a rally to close out last week, we had a strong open to this one. But the question I keep getting is… will it hold? The answer is anyone’s guess. This market has been anything but predictable lately. My gut says “stay bullish.” But contrary to what you might think, I don’t do all my thinking with my gut…
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