Many readers here like to trade daily, attempting to scalp some short term gains or trying to grab a small run. Others may be patiently waiting in cash for a longer term run, like we saw in Miners from Mid January through April? Like the Bear in the theme picture patiently waiting for a salmon […]
To start with, I know many followed me on this trade, since it was pointed out a few times as low risk above the 200sma and very oversold. You should not have been stopped out with price holding the 200sma, as part of the trading plan. . CLF – May 23 – Low risk entry […]
Let’s get right into the weekend report, and I will discuss all of the sectors and why I chose trust issues as a theme. . SPX– Last weekend I had been discussing the expected rally and the potential that it has to be strong since price is near the highs, but the signals that I […]
Not much has changed from Thursdays report. Janet Yellen speaks today and she possibly could shake things up with some dovish or hawkish talk, so we’ll see how that goes. And then all then traders in the U.S. will have a 3 day weekend to think about it. . If you are heavily invested […]
Yesterdays report discussed some break outs that were taking place in various sectors. Wednesday, we saw some follow through in those areas too. Just like a baseball player at the plate, when we get a decent pitch tossed our way, we also need to follow through to be able to possibly score. Some may wait […]
Market Turning Points And Trading In a recent premium report, I reviewed interesting Market turning points that are showing up across various sectors. I’d like to share some of that with you now. Please note that most of this information was released in the weekend report of May 21st or within previous reports. […]
Tuesday was a Break Through in a several ways. Let’s take a look. . SPX – From the weekend report. For many reasons, we were waiting for a break out higher ( not lower like many other analysts). SPX Tuesday– We see a Break through. This is Bullish. Today is only day 3 of the […]
We didn’t really see a whole lot of change on Monday, but as mentioned in the weekend report, some areas could be setting up. Some setting up for a run higher, others setting up for a fall. To the charts… . SPX – No follow through yet, but I am expecting higher prices soon.
In this weekend report, I want to review the markets as usual and discuss where they are at. Things look very interesting in many ways. I also wanted to discuss a few things about my personal view of trading around cycles. In my analysis, many are aware that I incorporate a variety of helpful techniques. […]
Lets do a market review and then I’ll discuss what will be in the weekend report. . SPX – We’ve been looking at what looks like a H&S. EVERYONE is looking at it and the group think is seldom correct, so I have to wonder if it’ll play out. The reversal could be a DCL […]
