The Fed Minutes are scheduled to be released today. At times like this, we sometimes get a glimpse of what was behind the recent decision on interest rates. Is inflation starting to creep in? Just how divided or united were the Fed members when it came to timing for rate hikes, etc. Lets take a […]
If you have been investing and trading for years, no doubt there are times that you find it is best to wait for that ‘Fat Pitch’, but not always so easy. Well the good news is, I can see that a real low risk buying opportunity is fast approaching, so lets discuss that again in […]
Another week of choppy trading, but there is a lot to talk about this weekend. It may be time to start gathering the goods, so lets get right to the charts. . SPX – More of the same, Capped at the 50sma and L.T. ( left Translated) so far, it still needs to break one […]
We are still waiting and maybe, just maybe, the Jobs report FRIDAY before the bell will act as a catalyst. Lets discuss why it would be great to see the futures in Gold higher before the market opens. . $GOLD – To start with, we have been expecting this type of a deep sell off […]
Today I want to take a closer look at Oil and Gold.
If you have been here for a few months, then you know that this is what we have been waiting for. Lets review. . GDX – Way back in August I started to ready us for a deeper pull back than many at that time would think is likely. You may recall that I kept […]
Our recent weeks of trading have had a lot of choppy sideways action, and this gets frustrating to both the longs and the shorts. My premium reports discussed how that choppiness was ending in Oil, and we began looking at buy set ups forming in the energy markets. I wanted to share my thoughts on […]
Lets take a look at what appears to be some good energy. . WTIC – As expected, Oil is following through to the upside. Sitting near the August highs, it could form a handle on this mini cup , or it may just power higher to the June highs.
Our recent weeks of trading have had a lot of sideways chopping action. My last report discussed how that was ending in Oil, and I think that the choppy action is about to end in the general markets too. Lets go to the charts. . SPX – As price approaches an Apex we should see […]
Lets talk about the current window of opportunity . WTIC – Wednesday I said that this break out looked legit. WTIC – And Thursday we saw follow through, but… This is what I really want you to see …
