Oil Inventory Wednesday
There are a few things that I will be watching today…
I’ve been a full time trader for well over a decade and began trading in the late 1990s while working in management and sales at a well-known aerospace company. As my style evolved, so did my success, and it allowed me to leave corporate America to pursue my passion and trade full time.
There are a few things that I will be watching today…
As mentioned last week, we want to keep some of our open energy trades on a short leash. They were up 20% or so, so after a brief market review, let’s take a look, take some profit, and not overstay that welcome 🙂 SPX – We saw a large doji candle on Friday ( […]
SPX WEEKLY – Still Bullish? Yes, quite. On a 2 year chart we see that the SPX formed an uptrend channel, and when it got a bit overenthusiastic ( over throw), it immediately sold off and closed back inside. Currently it has closed outside (above) that channel. This can create a steeper incline if it […]
Friday is the last trading day of the week, so let’s just look at a couple of the important things and some possible buy opportunities.
Well, the markets decided not to run together again, so let’s take a look at the recent changes. SPX – The SPX stalled and had a heavy volume doji candle stick. This is often a top or point of indecision… I want to remind readers of something that I wrote the other day…
My last public post last week discussed Bitcoin & Blockchain trades. They have been absolutely explosive, some trades running up 300-500% or even more. On Monday (in my premium section) I then went over some of our current trades, and discussed the idea that Bitcoin could go parabolic and then crash down, so caution would […]
Sometimes the markets are a bit hazy, and they need to be explained or clarified, but then at other times you can look at the Charts and it just looks like the facts speak for themselves. At this point, things seem pretty straight forward, so I am going to try to keep the chit chat […]
Today I want to do a quick review of our markets, since not much has changed, and then I will discuss a few more trade ideas. We have been killing it with Bitcoin or blockchain trades, but another sector deserves our attention too. I have mentioned it in the past couple of weeks, and I […]
NOTE: Please keep in mind that this report was written last week as a premium report, while Bitcoin was between $7000 & $8000. Bitcoin almost hit 10,000 this weekend, and a follow up premium report was posted on Monday. The following report gives you an idea of how we were viewing the blockchain charts. It […]
Let’s discuss a few of our current trades, and please do not just ‘skim the charts’, you need to read the cautionary notes in print too.
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