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Market pullback from all-time highs in SPY, with NASDAQ lagging behind The SPY reached all-time highs on Friday but has pulled back modestly by $1.95 from the $688 level. While the market maintained above Monday’s opening price throughout the week, the NASDAQ continues to drag with a reversal occurring at a downtrend line, marking…

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Year-end market performance review – The S&P 500 is positioned to finish up over 70% across the last three years, with the first part of 2025 delivering exceptional returns. However, Q4 has exhibited more back-and-forth price action, transitioning away from the strong vertical moves seen earlier in the year. Despite this…

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Gratitude and appreciation for the community The Stock Trading Pro community operates as a collaborative learning environment, with an emphasis on the value of collective knowledge over individual information accumulation. The organization views the community aspect as its most valuable offering, distinguishing itself from…

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Year-end review and preparation – Trading firms mandate comprehensive performance reviews that assess what strategies worked, which actions led to specific results, and what needs elimination going forward. The most common errors requiring elimination include picking tops and bottoms, trading in consolidation ranges with no…

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Day trade management and entry timing on QBTS, including VWAP analysis and average true range calculations A trader entered QBTS around 2:15 PM at VWAP after the stock paused and broke back above that level. The daily chart showed the stock remained below the 10-period moving average until late afternoon, indicating limited…

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Year-end reflection and trading psychology The final week of the year presents an optimal time for traders to evaluate their performance, identifying what worked and what didn’t. This reflection extends beyond trading to encompass overall mental state, as psychological well-being directly impacts market engagement. Rather than…

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Holiday trading schedule and market closures for the week of December 23-26

Markets will operate normally on Monday, December 23 and Tuesday, December 24, with the first couple hours of Wednesday expected to be busy before an early close at 1:00 PM. Markets remain closed on Thursday, December 25 despite a presidential mandate…

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Market conditions and hovering near all-time highs despite slight morning negativity Markets are trading slightly negative in the morning session but remain within striking distance of all-time highs. The positioning reflects resilience despite near-term headwinds, with traders anticipating a potential push to new records. The…

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Easy Scans Platform Updates A significant enhancement is coming to the Easy Scans platform to address feedback about identifying strong industry groups within weaker sectors. The current system uses composite scores and alpha scores to rank sectors, but this approach has occasionally missed powerful industry groups buried…

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Market Conditions and Futures Levels The SPY traded just above 690 at the session open on December 26th, with the QQQ sitting at 624.50. Market participants faced a return to trading after a day and a half break, with futures showing relatively quiet activity. The technical setup showed support expected around 690 for the SPY with…

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