There is always a "reason" why the markets do what they do,. In fact, there are a bucketful of  "reasons", and they'll be trotted out after the fact by pundits. The market has its own laws of physics and doesn't share them. It's like quantum physics -- too weird to understand. The market will do what it's going to do. Stick to technicals and high probability setups. Set stops to preserve capital and leave the quantum stuff alone or it will drive you crazy (and empty your trading account).

    Simple analysis on markets: There are

    Posted by steve on 7th of May 2021 at 10:40 am

    Simple analysis on markets:

    There are ONLY 2 things that matter for prices.   1. How much money is available  2. How much of that is willing to be invested.   The charts illustrate supply and demand levels. 

    Great seeing this reply. Steve

    Posted by fundamentalvalues on 8th of May 2021 at 08:11 am

    Great seeing this reply. Steve shares some great nuggets of wisdom here. You can refer to them again and again.  

    There is an old saying that I like as well and not sure who said it "Fundamentals tell you WHAT to buy, Technicals tell you WHEN to buy it". Last part of the equation that I think is paramount in importance that Steve touches on again and again here is simply "Have a plan and implement it accordingly" 

    Finally, I believe someone has to have very strong belief in what they own or the plan they are implementing or it becomes tough to stick with it. This comes over time with experience. 



    I would simplify this even

    Posted by mla127 on 7th of May 2021 at 11:38 am

    I would simplify this even more ... there's only one thing that matters to the market ... THE FED ...   ;)  everything else is secondary and a sideshow in the grand scheme of things 

    Thank you everyone for your

    Posted by rmoore100 on 7th of May 2021 at 11:34 am

    Thank you everyone for your explanations and comments.    I certainly appreciate it !!!! 

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