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Is the Market Ready for a Bounce? Also Twitter and Elon Musk in the News Again!

Stocks rallied for a second day. 

The major indices opened higher and never really lost ground, closing near the high of the day. The  S&P 500, Nasdaq Composite, and Dow Jones Industrial Average rose more than 5% in the last two sessions.

Hopes that the Fed will slow rate hikes is what drove today's upside momentum.

Is market ready to rally? Also Twitter and Elon Musk in the news again!

Watch this video to get the technicals and what to expect moving forward.

Good trading!


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All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability to trade. Trading results can never be guaranteed. SharperTrades, LLC is not registered as an investment adviser with any federal or state regulatory agency. This is not an offer to buy or sell stocks, cryptos, forex, futures, options, commodity interests or any other trading securities.

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