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Let's Trade
Derek Hutson
93 episodes
1 week 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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8/30/21 - Decent start to the week after great ending last week
Let's Trade
7 minutes 41 seconds
4 years ago
8/30/21 - Decent start to the week after great ending last week

2/3 Markets rising to start the day (SPY/QQQ), with the Q's leading the way. Up pretty big already though so possible to see some choppiness in a bit or maybe a little bit of a pullback.

Bitcoin and crypto market consolidating a bit today still, as it has been over the past few days. No reason to expect any downwards significant moves below ~47.5k, so could be a good opportunity to trade some bounces.

The rip on Friday and the good day to start the day tells us that investors seem to be ok with tapering, as Jerome Powell said Friday that tapering will not begin ahead of schedule. As long as there are no surprises investors should be able to more accurately identify when to buy and sell, which will lead to a little more stability for the next few months until the tapering actually does begin. So take advantage of this time of low volatility!

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.