The strength we saw into the end of last week, and the weakness that came through on Tuesday are all part of normal trade, during a monthly expiration. Let’s review the trades we’re in, how they came through into the close, and a few new charts as we start looking into June. For slow or … Read more
With today’s chop, are we going to get the usual grind on Friday to work with? For slow or unreliable internet connections: Download Audio-Only MP3
The ES, NQ, and YM have kept traders busy this week. I have had both longer and shorter term intraday trades active in the chat room and premium videos. Here’s how I manage those expectations and what I think the longer term direction is for stocks and index futures. For slow or unreliable internet connections: … Read more
Stocks ripped higher from the Bell. While I normally like to look for the clearing range trade to play breakouts, there was another opportunity in the first 30-minutes. It’s a specific pattern, but once it confirms, it opens up more and aggressive possibilities for momentum plays. For slow or unreliable internet connections: Download Audio-Only MP3
We’ve got some nice profits here and are positioned nicely for monthly expiration. Just beware of this for next week. For slow or unreliable internet connections: Download Audio-Only MP3
As the daily time frames teased a potential top, it’s the intraday 60-minute and 5-minute trades that setup the plays pre-market and after the clearing. Here’s the step-by-step on the patterns and the trades. For slow or unreliable internet connections: Download Audio-Only MP3
The S&P is a very promising seasonal setup for May. There are levels that are in play intraday as well as seasonal reasons that the S&P is a more consistent “sell May and go away” candidate. Know how to confirm these trades without getting run over. For slow or unreliable internet connections: Download Audio-Only MP3
The S&P was strong last week, cleared those highs today, and there is a case to be made for another leg higher. And as much as I enjoy trading the indexes, it’s always nice to have a few honey badgers on-board and we’ve got two to review tonight. For slow or unreliable internet connections: Download … Read more