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Let's Trade
Derek Hutson
93 episodes
4 days ago
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.
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Investing
Business
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All content for Let's Trade is the property of Derek Hutson and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.
Show more...
Investing
Business
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8/23/21 - Huge rip today
Let's Trade
9 minutes 16 seconds
4 years ago
8/23/21 - Huge rip today

The QQQ blows by a previous record high, SPY sets a record high as well and the DOW finishes up by a pretty good margin. Great day all around for the markets, hopefully signaling a sign of strength for the rest of the week. Nothing is certain though especially with Jerome Powell and the Fed's symposium up in Jackson Hole later this week, so we will see what happens then.

In the meantime though, VLO worked out quite well for me playing off the momentum that the energy sector had today, MOS got about 60-70% to target but ended the day at break even. Ended the day overall up 2R so good start to the week.

Bitcoin looking solid still holding onto gains, although it is normal that it needs to rest after finally making a push up to 50k. Next target would be around 56k. 

Let's Trade
A show dedicated to bringing our audience bite sized pieces of objective information about financial markets, specifically the NYSE and crypto. We also discuss how to be more successful day and swing traders by utilizing technical analysis.