Dixie Driving
The U.S. dollar has been problematic for stocks since July. This is one way I like to look at its correlation as it may be helpful for short term SPX decisions tomorrow.
The U.S. dollar has been problematic for stocks since July. This is one way I like to look at its correlation as it may be helpful for short term SPX decisions tomorrow.
And remember to keep an eye on this wrecking ball.
The actions we take just 10-15 minutes before the open can offer a great edge for disciplined traders. Here are two of the powerful (and free) things you can do tomorrow and the explainer of the three wins we had today.
Even though I am really bearish long-term, short-term markets could bounce, as they are oversold and at some support.
Costco: Earnings in Focus — I love shopping at Costco, and it’s one of my favorite bullish companies. But, I never trade it to the long side over earnings. Want to know why? Because the Hot Zone tells me otherwise. Let me show you what I’m doing with Costco earnings, and why.
Always the question right? Is it a good buy here or lower yet still to go? I’ll walk through my thoughts with levels for either case.