When the markets get volatile, trading short term can be difficult for some. Buying low one day works out well, and then you may find yourself watching the gains evaporate in a quick drop. Friday was a quick drop and then Monday was a rip higher for the general markets, and Energy and Precious Metals […]
This week ended on a sour note if you were long in various sectors. With the Fed decision coming up, investors seem jittery or anxious to lock in profits. Is this the start of a new sell off , or just another small ripple in the large sea of investments? Lets examine the charts… […]
The OIL and NATGAS inventory reports were released on Thursday morning, It looks like we can continue making money from the Energy set ups. . WTIC – NATGAS –
It looks like a gift so far, but until it is unwrapped, we really cant be sure. One thing stands true though, I dont want to be ungrateful if it is. .
We have a good amount of volatility shaking things up, so we want to have a plan and a back up plan. Lets review… .
Knowing that my readers are both short term traders and longer term investors, I want to always look at the charts and view them with a long term, medium term, and short term perceptive. At times all 3 views are sunny or all are murky, but in times like these, I also get a mixed […]
I dont always need to know ‘How?’ or ‘Why?’ it happens. Just like the formation of this flower, grand designs and patterns grow and develop within the markets cycles and within nature. We watch and wait for things to play out and right on time, we get our completed Grand Designs. Lets watch how things […]
Fridays jobs report may change a few things, but so far the charts are showing the same old song and dance… . SPX – Not much change here (I added a Thursday candle and a Friday candle as a possibility of tagging the 50sma).Jobs report Friday may give us our directional move. Many expect this […]
The theme picture is just a reminder: The markets do not usually go straight up to the top 🙂 . SPX – No change
Monday didn’t bring a whole lot of change since the weekend report, but there are few interesting things to discuss. . DJIA – The general markets continue the chop, and as they become oversold, the 50sma continues to rise under price as possible support.
