Is the Wind Officially Blowing South Into Next Week?
The markets are poised to explode or implode here. This is why I’m betting on an implosion.
The markets are poised to explode or implode here. This is why I’m betting on an implosion.
From Mario Draghi to Hurricane Harvey, there is a lot going on. Here’s what we’re taking into weekend, futures, forex, and more. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex setups. [iframe src=”https://docs.google.com/spreadsheets/d/1LRwtubz9DneCaSqqLZ6s7mXR9v6zvU7N1wzrOJk_rQ4/pubhtml?widget=true&headers=false”]
With the Nasdaq in hurry up and wait mode, these are the trades I’m taking.
There’s not a lot of reasons to be bullish this market, but there are also a few things saying to be careful of a short squeeze. What to pay attention to? Let’s take a look.
Butterflies around earnings can be a great way to limit risk and maximize reward, not to mention they’re very flexible. Let’s follow up on the two we had to manage today and a third we’ll be looking to Thursday afternoon.
Wednesday was a bit more calm than the advance we saw on Tuesday and based off daily symmetry we still have reasons to be looking for lower prices in stock indexes. That doesn’t mean I want to be short everything, but it is a good time to be picky.
U.S. dollar and euro are in play with Jackson Hole. Is this the weekend that euro buyers come back into the market? Let’s take a look at what that would mean for the currencies. The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex … Read more
What are these markets saying about the risk environment and where the next best opportunities are waiting for us? The Spreadsheet of Trades The tabs at the bottom of the spreadsheet will allow you to see the Futures and Forex setups. [iframe src=”https://docs.google.com/spreadsheets/d/1LRwtubz9DneCaSqqLZ6s7mXR9v6zvU7N1wzrOJk_rQ4/pubhtml?widget=true&headers=false”]
Earnings can be volatile and especially here lately we’ve seen a lot of solid reports that resulted in down moves for the stock. How can we take advantage of this while still having risk in only one direction? Let’s look at two examples in tonight’s video.
Stock indexes saw a sharp spike higher on Tuesday, but does this change anything inside the overall pattern? I’m staying nimble at these prices, and tonight we’re looking at some key levels that will determine where we’re headed next.