It’s getting tougher to find support in a market that the USD rally is thumping right now. So we navigate around it. But there’s no way to completely ignore King Dollar. In this video, I share what I see as key levels to watch and how that affects gold. Also, with EIA numbers tomorrow, crude … Read more
An interesting day for range extremes: That’s what I call the support and resistance zones that can often shed light on the directional bias. How and when I use this bias led to great entries in crude, gold, and the British pound. But there are certain markets that you wait to determine the bias of … Read more
After being away from the markets for 9 trading days, these are the next moves that stand out the most. For slow or unreliable internet connections: Download Audio-Only MP3
The equities are not the only market on the move. Here are a number of markets that are near or at levels to watch. For slow or unreliable internet connections: Download Audio-Only MP3
Friday’s action saw early strength on the back of AMZN earnings, but for most names the strength was a good spot to take profits. The wedge pattern in the S&P is still intact and AAPL’s earnings could set the tone for the break. Let’s look at a few ways to take advantage of the next … Read more
The ECB event left Euro buyers — once again — wondering when the ECB will begin to prepare the markets for the end of the taper. While sellers had their way, key levels are intact. Did a crowded U.S. dollar short get less crowded? Gold and the Euro remain supported but in limbo. For slow … Read more
Stocks did not trade well during Wednesday’s open, but using market internals and knowing a few spots to pick, we were able to find some great day trades that may have opportunity again tomorrow. Let’s review each along with the game plan for tomorrow. For slow or unreliable internet connections: Download Audio-Only MP3