End Of The Month Shenanigans or Something More?
Although the market has trained us not to expect any pullbacks, we all know they can happen. Is this the start of something bigger or same old same old?
Although the market has trained us not to expect any pullbacks, we all know they can happen. Is this the start of something bigger or same old same old?
Monday I spent a good 30 minutes in the chat room explaining why this week is unlike pretty much any other we’ll see this quarter: The earnings calendar is stacked, we have the State of the Union, FOMC, Non-Farm Payroll and end of month trading. It’s not for the faint of heart, nor the risk … Read more
ES, YM, GC, and more. Today’s sell-off has us buyin’ while the market was cryin’. Here’s how we did it and what I am managing. Neil’s Weekly Market Update.
Monday saw a bit of a pullback after closing at the highs on Friday, and I still like the idea of buying the dip. That doesn’t necessarily mean I’m buying the indexes on the dip, but market weakness should provide good opportunities in bullish names, and that continues to be my primary focus. Let’s see … Read more
Trade management doesn’t get enough credit. But that’s where the wins are.
Most mathematical models aren’t going to do very well with the moves we saw today. You can spend your time trying to force that to make sense, or you can just trade what’s in front of you. You can make sense, or you can make money. Fortunately most of our positions have been doing both … Read more