Yesterday I discussed 2 things: 1. A Post Fed Reaction into the close Wednesday, that may or may not be just a ‘knee-jerk’ reaction, and 2. The next day where you can get follow through or another reaction. Today I want to take a look at a few sectors and see what we got. This […]
Last year it seemed like we were hearing about 4 Rate Hikes in 2018 and 3 or 4 more possible in 2019. Wednesday Fed Chairman Powell said that the US Economy is doing well, and no rate hikes should be expected in 2019. So now we will take a look at what happened to the […]
Today is the FOMC Meeting , and even when the markets get a feel for what is going to take place, we often see periods of high volatility around the time of that decision, into the close, and possibly even into the next day. Let’s just discuss the current market set ups…
As the clock ticks down on Wednesdays Fed Rate Hike Decision, let’s discuss a few things to keep in mind.
Let’s discuss the bigger picture for the Markets, after a great week of trading…
Financial market movements can be erratic on days when options and futures contracts expire, especially on Triple Witching Friday. Today is that day. Along with that, I want to point out a couple of ‘Cracks’ that may be appearing in various parts of the Markets. When cracks begin to show up, it is good to […]
SPX – The SPX ran up to that resistance line and pulled back. I mentioned that this might become choppy in my last report. We’ll see.
Some of the trade set ups that we have been reviewing are resolving quickly to the upside, so it may require pouncing on the set up before it breaks out, and it also may involve jumping off of the trade or cashing in, before it pulls back. Well, that is if you are in it […]
This is a long weekend report, but I want to discuss a few reminders pertaining to The Precious Metals sector, so lets dig right in… . SPX WEEKLY – I was expecting a drop in the general Markets, so I went short. The Jobs report was a HUGE miss, but the selling actually started […]
