Phil Newton

Ahoy there Trader! ‍‍⚓️ It’s Phil… It seems Santa might have skipped the exchanges this year, leaving traders scratching their heads. While the festive rally is on hold, the markets are still brimming with potential as we approach the year’s end. Let’s break it all down and see if 2024’s last days bring a gift-wrapped […]

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX keeps traders on their toes, bouncing back from Thursday’s dip with a bullish reversal pattern. A potential inverted head-and-shoulders pattern and the absence of bearish triggers have kept my bullish bias. But could the last week of the year bring surprises? Let’s dive in!   SPX Deeper

Ahoy there Trader! ‍‍⚓️ It’s Phil… As we wrap up this shortened trading week, SPX has been doing its best impression of a hesitant climber—nudging against the prior range low but failing to secure a firm grip. Will we see a rip to new highs or a flip into bearish territory? Let’s dive into the

Ahoy there Trader! ‍‍⚓️ It’s Phil… The big holiday has passed, but the markets are keeping the festive spirit alive! With SPX climbing into a prior trading range, the bulls are eyeing a 6100 target just in time for the “Santa Rally” buzz to linger. Let’s dive into what’s happening and how the trades are

Ahoy there Trader! ‍‍⚓️ It’s Phil… Friday gave us a surprise rally, crushing bearish hopes and propelling SPX through the bull trigger. But don’t get too excited just yet—signs point to a potential pause before the next big move. Let’s dive into the analysis and trades.   Friday’s session played out as one of the

Ahoy there Trader! ‍‍⚓️ It’s Phil… The markets continue to keep us on our toes. Despite careful planning, the sheer depth of SPX’s bearish move smashed expectations, making it an exciting time to trade. Let’s dive into what’s unfolding!   Markets thrive on unpredictability, and last week was no exception. SPX didn’t just break the

Ahoy there Trader! ‍‍⚓️ It’s Phil… It’s been a wild 24 hours, thanks to the Fed’s rate cut surprise. The SPX dropped like a stone—2.9%, to be exact—breaking through its range lows with gusto. Meanwhile, the Dow is making history with its longest losing streak in nearly 50 years! Let’s break down the action and

Ahoy there Trader! ‍‍⚓️ It’s Phil… SPX has been playing its usual games, teasing us with a gap up only to reverse with a gap down. While the market dances, the plan remains steady and profitable. Here’s how we’re turning range-bound action into winning trades while soaking up Polish culture!   Yesterday’s market moves reinforced

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX is flirting with the upper range highs after bouncing cleanly from Friday’s lows. Futures hint at an intriguing gap higher to kick off the week—breakout move or a cheeky fakeout? Either way, it’s an exciting setup to track as we begin the trading week.   SPX is