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Let's Trade
Derek Hutson
93 episodes
6 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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8/24/21 - Quiet day setting up rest of week
Let's Trade
6 minutes 13 seconds
4 years ago
8/24/21 - Quiet day setting up rest of week

As predicted it was a relatively quiet day in the markets with all 3 indexes closing higher but only just. Trading volume was roughly half of what it normally was. Investors are again likely waiting for the Federal Reserve symposium which is now only going to be a 1 day virtual event on Friday thanks to some COVID virtue signaling. What else would you expect from a branch of the government?

Bitcoin holding towards the lower end of a consolidation at 48k, looking for a bounce here otherwise we could dip back down to 46k more or less and bring the rest of the crypto market with it.

LMND did not workout today on a breakout play unfortunately. That is how it goes sometimes which is why it is very important to take hard stop losses and protect your trading account!

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.