Feb 23 – No Change?

The Fed Minutes were released on Wednesday at 2 P.M..  Was there any change?

 

SPX - No change here. We could use a pause if we are going to reach a target of 2400+.

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Feb 22 Review

We've only seen one day of trading after a 3 day weekend in the U.S., so this report will just be a brief review of the markets and a few of the trade ideas discussed recently.

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SPX - Nothing has changed here, we are seeing a strong move into new highs with no real resistance, I have targeted 2400 since the break out. It is getting quite over bougt and over heated.

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More Low Lying Fruit?

 I wanted to put out a bonus report on Tuesday morning. Realistically we probably have enough on our plate, so if you are happy with your current positions, please just view this as a possible heads up for possible future trade set ups or a watch list going forward.  In the past few months we have been trading Energy, industrial Metals like CLF, VALE, WRN, NAK, X, etc. We have been trading in the Precious metals sector ( I also encouraged readers to buy & just hold on to some positions from the December lows forward ).

 You may also recall my special report in December on another sector that turned very bullish. We will discuss that a bit further here today, as well as what could be some more low lying fruit in another sector that may be sending out some bullish shoots.  These are just extra trade ideas for the active traders. Let's take a look...

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