Today’s markets were substantially bearish. The SPY ETF traded as low as 286.22, a decline of nearly 1%, before bouncing back to recoup around 40% of its declines at the time this article was written. This negative bias affected most stocks in the healthcare and biotech sectors, with the XLV healthcare sector ETF and the IBB biotech ETF both declining at least 0.5% at their lows for the session. Here’s a recap of what happened.
Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr give their thoughts on why certain stock market sectors are staying resilient amid the FOMC fallout, and […]
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Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr cover this week’s CPI report and other future events that could impact the market, along with ways […]
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Defining a Stock Market Index Simply put, a stock market index is a hypothetical portfolio of securities representing a certain facet of the market. They provide simplified snapshots of a specific market sector without having to examine every single asset individually. A stock market index measures its portfolio holdings using specific characteristics. They serve as […]
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Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr give their thoughts on why certain stock market sectors are staying resilient amid the FOMC fallout, and […]
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Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr cover this week’s CPI report and other future events that could impact the market, along with ways […]
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Every week, the coaches at Prosper Trading Academy offer their insight on some of the most challenging questions covering recent stock market developments, trading tips, and relevant news stories. This week, Scott Bauer, Charlie Moon, and Mike Shorr touch on the best stock market indexes to follow and common issues they notice among struggling traders. […]
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