The USD is in play for the jobs number. The rate hike is priced in. So what’s next for the Dow, NASDAQ, S&P, and financials? I also share how I manage risk in front of major events with price movement range and time.
Heating oil, the euro, gold … all three markets are sitting at key support levels and it’s the turnaround I am looking for. Heating oil adds an extra element: What do you do and how do you trade a market that has just broken a trend?
In this market, you either have to anticipate sector rotation, or stick to stocks that don’t even play that game.
The Aussie and gold are new entries. Euro has fired off a long and the index futures are still in mid-tantrum. Here is how I am trading it.
It’s been happening like clockwork nearly every month this year. Let’s take a look at what to expect for Thursday.
Bruno Mars has 24 karat magic. I have price movement range magic. Tonight’s RBA puts the aussie dollar in play. I show you where and how.