With witching expiration 3 days away a delta neutral approach is what’s most often suggested. Of course we know this is no normal market, and with GS up $8 today we’re seeing some sharp examples of that. Let’s look at how we set that up and some key adjustments you can make to profit from … Read more
Watchlists, Setups, Volatility. The calendar holds the answers. In this video, I explain which events are putting certain markets in play this week as well as what I am expecting in energies and indices next.
We have several setups to discuss tonight on the back of the rebound in tech. The path of least resistance continues to be higher, but could we consolidate before making the advance? Let’s look at both sides, and a few ways to configure your spreads to allow for the upside move.
Staying long crude, heating oil, Dow, and S&P with the longer-term time frames is still what I am focused on. I am watching XLF closely because financials have yanked the ES around this week, but I think the uptrend in XLF is gaining traction and that makes me more bullish YM and ES than the … Read more
The Nasdaq may be the most important index at the moment, and there are several forces to keep in mind as we enter the last expiration of 2017. Let’s discuss levels, components inside the index, along with several new Squeezes I’m looking to enter.
In any market environment, setups that are independent of the rest of the market are always great. In this market, they are great times two.
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.