We ran the numbers based on the index’s closing price of 4,348 on Friday, June 23, to project its future performance. Our model has not changed its prior prediction of a flat to slightly upward-moving S&P 500. Inflation and interest rates remain key market catalysts, with the consumer price index…
Month: June 2023
What Is the Difference Between Traditional Renko and ATR?
Renko charts have two methods for setting block size: fixed block sizing and ATR (average true range). ATR measures volatility, determining the amount of price movement needed to create new Renko blocks. Traditional Renko charts use fixed block sizing, such as 1%, for trend changes. ATR Renko charts use ATR,…
Learn How to Read Renko Charts for Best Results
Renko charts can be useful for technical analysis, but only if you take the time to learn how to read them, select an appropriate box size for the asset you’re trading, identify the trend, and watch for reversal signs. Green and red boxes in a Renko chart indicate price changes…
Best Dividend Stocks for Covered Calls to Increase Income
Why Investors Should Care About Dividends Dividend stocks offer stability, steady returns, growth potential, and peace of mind for wealth building. Despite their simplicity, they provide a steady income stream and long-term growth potential. Investors can enjoy Investing in dividend stocks is a great way to build wealth. Best Covered…
Cash In on the Benefits of Rolling ITM Covered Calls
Benefits of ITM (in-the-money) Covered Calls A fantastic approach to increasing your passive income is to sell ITM (in-the-money) covered calls. Here are a few benefits: Is maximizing your covered call income a priority for you? To maximize premium income while minimizing risk to your portfolio, you may want to…