The Markets themselves have not changed a lot since yesterdays report, but the trading has remained very good, so I want to discuss a little of both. Also keep in mind that Wednesday is Oil inventory day, and I think that may clear up Oils intentions. Let’s take a look…
Thanks to Rocky, I found something interesting to share with you this weekend. As one of our faster day traders, Rocky was enjoying some fast Pops higher in the individual stocks of the general market and said, ” Hey CF, are you sure about this market dropping? It just won’t stop.” Well, My immediate […]
As mentioned in recent reports, I am expecting the markets to pull back soon. There have been some great gains in the run out of the lows for the General Markets, Oil, and Precious metals / miners, but we really are due for a rest. Just because I am expecting a pull back soon, that […]
At 2 p.m. we had our F.O.M.C. Minutes released, and some things changed right away, so we’ll discuss that. Is it likely to be a short term knee jerk reaction that only lasted for the rest of Wednesday? Or does it look to be more of a medium term change, with days of similar action […]
If you were in front of a screen during trading hours yesterday, you may have also noticed a multitude of trade ideas in various sectors popping up all over the place. It was a lot like juggling for the active trader, and a couple of questions received in emails reflected the fear of missing out […]
We have a lot to discuss, and I have a special section on the Precious Metals that should interest everyone here, so let’s get right into it … . SPX WEEKLY – The market continues to rise out of its V-Bottom. It has now broken out over the 200sma on a daily, and that […]
Good News, Bad News. The Good News is that in the U.S. we have a 3 day weekend to rest up and enjoy time with family and friends. The Bad News is that in the U.S., we have a 3 day weekend. I don’t know about you, but at times I hate it when there […]
NASDAQ – The NASDAQ has now reached the 200 sma. We are getting late in the daily cycle.
When the markets get later on in there cycle counts and start to get a little choppy, it can be boring and even a little tricky. You’ll see what I mean by tricky when we cover the general markets and Oil. . SPX #1 – The SPX has hit a new high as it […]
