When we went into the new year, I had mentioned some hedges, but I was also leaving my 89% bullish portfolio long and we really saw that come through today on the back of the employment data. Some names stood out better than others, but BA was definitely on top. Tonight’s video covers some live … Read more
Daily price movement range calculations are the closest thing to a crystal ball that I have ever used. These repeating price ranges are like projecting the most likely levels the market will stop at. Using these is the way we will find the next entries in the Dow, S&P, crude, gold, and more.
There are shifts happening in some of the major asset classes that are very tradable and will also impact stocks. Let’s take a look.
Between potential exhaustion on the daily time frames to intraday trend reversals, we can prepare for corrections and make the market “prove”: that the move is coming. Better still, the correction I have my eye on can give us excellent trend following opportunities.
We’ve seen explosive moves the first two trading days of the year. Which ones are legitimate and which ones are raising red flags?
Focusing on the stocks that are heavily weighted in each index is a component to successful index futures trading. Crude oil, gold, and the dollar are also on today’s agenda. The FOMC Minutes triggered some volatility but did not change minds.