For the weekend reports, I am trying to cover all of the sectors and point out where we are in time and what we are looking for in the big picture. During the week, I focus mainly on things like stock picks , trade set ups, day to day progress and expectations for the various […]
Friday – The final trading day of the week. Today I want to cover Oil, Natgas, Gold & The Miners, and some trade set ups.
Wednesday had some action, let’s take a look… QQQ – I not only feel that we are getting late in the daily cycle, but there are other signs that this has been a good bull move( RSI), but that this also is approaching a top here.
Welcome to Wednesdays trading, please have a seat and we’ll start out discussion… SPX – I believe that this is day 36 and I would expect that the markets can pull back into a dcl at anytime. This remains a strong market, able to peak around day 36 ( R.T. Again).
We’ve only had 1 trading day since the weekend report, and things do seem to be falling into place as expected. Let’s do a review…
Let’s take a look and see where the last week of trading took the markets… SPX – The Big Picture for the General Markets remains the same. The ICLs ( deep meaningful dips in the market) are becoming less visible as the bull run picks up speed. Daily cycle wise? We are entering the […]
Today is Friday, the last trading day of the week, and I have quite a few thoughts rolling around my head. One of the biggest is the employment report. Why? The Markets are on fire, The NASDAQ just broke out , following the SPX, DJIA, and RUT – which have been on fire. What if […]
I have given in to the pressure. 🙂 After our normal market review, I will discuss some of the biotech stocks that are a bit higher risk, but have been seeing tremendous rewards (gains) lately. SPX – The idea of a trailing stop is working well, but we are on day 31, so we […]
Honestly, not much is changing from the weekend reports expectations and the Tuesday update. The General markets are moving higher, The USD has put in an ICL, Oil dropped but Oil & Energy stocks are holding rather well, etc. etc., so today I am just going to cover a variety of ideas, including trade set […]
