Short Term Research

One of my best indicators for short-term trades. Fibonacci retracements and extensions are often used by traders to identify potential levels of support and resistance in the short-term. These levels are based on the Fibonacci sequence, which is a mathematical pattern that appears frequently in nature, finance, and other fields. In short-term trading, Fibonacci retracements can be used to identify potential levels of support or resistance where traders can enter or exit positions. For example, if a stock is in an uptrend and pulls back, a trader may use Fibonacci retracement levels to identify potential support levels where the stock could bounce back up. Fibonacci extensions, on the other hand, are used to identify potential price targets for a trade. For example, if a trader enters a long position in a stock and moves higher, they may use Fibonacci extensions to identify potential resistance levels where they could take profits.

 Mr. Justin Lahart is a wonderful column. Recession Can Wait—the GDP Report’s Bright Side The economy was a lot better than it looked in the first quarter By  Justin Lahart Follow April 27, 2023 11:01 am ET Gift unlocked article Listen (3 min) The GDP report showed that consumer spending grew at a 3.7% annual rate last quarter.   PHOTO:  ANGUS MORDANT/BLOOMBERG NEWS The recession so many investors are expecting didn’t come in the first quarter. It might not come in the second quarter, either. The Commerce Department on Thursday reported that real, or inflation-adjusted,  gross domestic product grew at a 1.1% annual rate  in the first quarter. That was lower than the fourth quarter’s 2.6% and below the 2% economists polled by The Wall Street Journal had forecast. Still, it counted as a solid report. A pair of late-breaking releases this week—a new benchmarking of retail sales figures on Monday that pointed to softer consumer spending growth, and a durable go...

  Winter is over. Bonds are back. Investment-grade fixed income has rediscovered its old strengths. FIDELITY VIEWPOINTS   – 04/25/2023  5 MIN READ Key takeaways Bond yields are back around their historic levels. Higher yields enable bonds to once again play their traditional role as sources of reliable, low-risk income for investors who buy and hold them to maturity. Mutual funds that hold intermediate-term, investment-grade bonds could benefit from the end of interest rate increases by the Federal Reserve. Professional investment managers have the research, resources, and investment expertise necessary to identify these opportunities and help manage the risks associated with buying and selling bonds when interest rates are likely to change. Sometimes it snows in April, but for bond markets, winter is over. After an unprecedented deep freeze during which investment-grade bonds lost value for 2 years in a row, the Bloomberg Barclays Aggregate Bond Index, which represe...