Focusing on the stocks that are heavily weighted in each index is a component to successful index futures trading. Crude oil, gold, and the dollar are also on today’s agenda. The FOMC Minutes triggered some volatility but did not change minds.
A new year does not mean a new trend, and it’s the same trends that powered the latter weeks of 2017 that continue to have my attention. Here’s where and why I will continue to stay the course … and of course what needs to happen for me to change that outlook.
Although I was looking for money to pour into XLE, I thought we’d see some outflows from XLK. Such was not the case. Here are the trades setting up for tomorrow.
The last four trading days of 2017 weren’t terribly active, but the move in crude made it all worthwhile. A few other equity spots have been slower to nearly bearish, and I do think this is a good spot to have some hedges on. Let’s dive in and see how we’re heading into the new … Read more
The Santa Rally often transitions to an early unwind in January. What are the levels to watch for that kind of correction and what are the implications across other markets?
Trading the NQ, ES, and even YM into the end of the year has been slightly more challenging, as AAPL’s iPhone X “hangover” is a drag on the markets. Let’s take a look at the intraday setups and what I am watching for as 2017’s last trading day is upon us.
In addition to tax loss harvesting starting tomorrow in the trading rooms at 1 pm Central, it’s also time to get ready for the portfolio blow out.