September 21, 2022

Stocks clocked steep losses today following a Fed policy statement that indicated a 75 bp hike in fed funds and another raise of the same size at its November meeting.

In reaction, the 2s10s yield curve inverted by a further 10 bps to -50 bps, as bond players made bets that the economy would slow further than expected.

There are no pattern setups on our Watch List with an attractive reward-to-risk ratio given the current environment. There is nothing on the Focus List.

Kevin Marder

Trading Lessons
Introduction to the service (38:00)
Money management and risk management (20:27)
Bread and butter pullback (11:10)
Bread and butter pullback: Pt II (15:09)
Bread and butter pullback: Pt III (31:48)
Bread and butter pullback: Pt IV (30:16)
Bread and butter pullback: Pt V (1:41)
System R
Short-selling (25:53)
Wyckoff spring reversal (2:30) 
5-minute breakup test (8:01)
Screens (21:03)
The Income Model