A key chart tracking the S&P 500 suggests more downside to come even after the carnage of recent days.
Many would prefer that the central bank take an aggressive stance at its June meeting to show it means business in fighting inflation.
Plus, a look at how to approach the Invesco QQQ Trust from a day trading perspective.
Money-losing companies aren't the place to hide out during a bear market with rising interest rates, so trade in them with your eyes wide open and be ready to act quickly.
Most short-term traders tend to tune out the news, but the unsettling comments by the head of JPMorgan Chase are reason for concern.
Traders detest slowing momentum or even sideways action after a rally, but it hasn't been enough to justify slipping back into their bear suits.
Let's say we'll stay bullish as long as QQQ and SPY remain above these two key, short-term averages.
The post-earnings rebounds of Snowflake and Nvidia plus the rally in the major indexes gave traders reasons for hope, at least in the near term.
Shares of the two big tech names sagged after Wednesday's close, but let's see how they and the Nasdaq 100 fare in trading here on Thursday.
For all the sound and fury surrounding Snap's bad news, it really didn't change much when it comes to the broader market.