8/31/21 - Markets end down but nothing dramatic

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Let's Trade

Derek Hutson

93 episodes

2 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.

Investing

Business

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Investing

Business

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8/31/21 - Markets end down but nothing dramatic

Let's Trade

6 minutes 27 seconds

4 years ago

8/31/21 - Markets end down but nothing dramatic

All 3 markets end down today, but it is a pretty small loss. So, nothing to be concerned about, potential for another mild green day tomorrow as there is no major market moving news coming up this week.

Took one trade today and it worked out well for 2R on GDS. Great pair of entries but it took about all day to hit target. Sometimes it is like that, other times you hit target within 10 minutes.

Bitcoin looking ok so far, as long as we do not get too far below $46-46.5k. Ethereum seems to be showing relative strength to crypto market still, definitely a few reasons are possible as to why.