Phil Newton

Ahoy there Trader! ‍‍⚓️ It’s Phil… The evolution of SPX’s price action continues to keep traders guessing. From double bottoms to descending triangles, the market now seems to have settled into a downsloping sideways range. Let’s dive into the latest setup and see how to trade it profitably while we wait for a decisive breakout. […]

Ahoy there Trader! ‍‍⚓️ It’s Phil… The SPX market is acting like a kangaroo, hopping unpredictably between potential breakouts and reversals. After rallying to retest the consolidation base, we’re now poised at a critical level. Will the bears regain control, or will we see a reversal back into the range? Let’s dive into the key

Ahoy there Trader! ‍‍⚓️ It’s Phil… The Santa Rally appears to have officially left the building this year, and the January effect seems to be tripping over itself with recent bearish moves. Historical data suggests this could mean a more challenging year ahead. Let’s dive into the latest SPX price action and see where the

Ahoy there Trader! ‍‍⚓️ It’s Phil… It’s Phil… Imagine pouring your life savings into a “can’t lose” investment, only to watch it crash spectacularly. That’s the story of the South Sea Bubble—a tale of unchecked greed, market mania, and the dangers of hype-driven investing. From soaring profits to devastating losses, let’s explore how Britain’s 18th-century

Ahoy there Trader! ‍‍⚓️ It’s Phil… The market’s heartbeat may sound like a steady drum, but the Buffett Indicator is screaming overvaluation at 202.2%! Before you grab your parachute or double down, let’s unpack what this ratio reveals about the stock market and where it might be headed. Buckle up – it’s time to dive

Ahoy there Trader! ‍‍⚓️ It’s Phil… This week’s market action feels like walking a tightrope blindfolded. Thursday’s half-day session adds to the suspense, but all eyes are on Friday’s Non-Farm Payroll for the real show. SPX is consolidating near Bollinger band lows, teasing us with potential moves. Let’s dive in before the market decides to

Ahoy there Trader! ‍‍⚓️ It’s Phil… Chart patterns in real-time aren’t as clear-cut as those picture-perfect textbook examples. They mutate, evolve, and sometimes defy expectations. Today, we dive into why adaptability and patience are your ultimate trading tools – especially when the market sends mixed signals.   SPX Deeper Dive Analysis: The challenge with identifying

Ahoy there Trader! ‍‍⚓️ It’s Phil… It’s been a week of twists and turns—both in the markets and personally (a torn back muscle from coughing? Really?). The SPX bullish swing bias from Friday held up, pushing through 5940, but conflicting patterns have me watching carefully for what’s next. Let’s dive in.   SPX Deeper Dive

Ahoy there Trader! ‍‍⚓️ It’s Phil… The markets are grappling with uncertainty, and the charts are no less conflicted. The markets are sinking and thankfully not crashing in the light of the two horrendous terror attacks. Our thoughts and prayers go to all those impacted by these atrocities.   SPX Deeper Dive Analysis: The SPX

Ahoy there Trader! ‍‍⚓️ It’s Phil… The markets are doing a weird bull/bear hokey-cokey, teasing both Santa Rally cheerleaders and the doom-and-gloom brigade. Will the rally hold, or is a rug pull waiting to trip us up? Let’s dive in and see if SPX is ready to rip or flip!   SPX Deeper Dive Analysis: