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I will have many trade ideas at the end of this report.
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TNA - I mentioned that The Russell 2000 ( RUT, IWM, and you can use the TNA) Looked bullish, and this was the break out. It was and is a buy.
Read MoreThe release of the FOMC Minutes from the last Fed Meeting is scheduled to be released today. At times, this can cause a reaction in the markets, if the verbiage or language that was used seems more Hawkish or Dovish than originally interpreted. For example, if they were to mention a concern pertaining to inflation rising faster than expected, that could affect certain sectors, so we just want to be mindful that the markets could move unexpectedly around 2 P.M. Eastern.
SPX #1 - Right where the SPX was about to break to new highs, it sold off a bit.
Read MoreSometimes what seems to be impossible actually becomes possible, but a man rides in to town on Tuesday and leaves 2 days later on Tuesday? If that is possible, then I guess it is possible that Gold may have bottomed too. Oh, and by the way, his horse was named Tuesday. Let's review our markets...
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