How Can The PPI And CPI Save The Day?
Although the Fed is looking in the rear-view mirror, is the past finally catching up?
Although the Fed is looking in the rear-view mirror, is the past finally catching up?
Bears remain in control of equities, but there are some slightly more favorable patterns in the ag markets, two we’ll be looking at tonight with corn and wheat.
In this video, I talk about a potential bearish setup that could occur over the next couple weeks and walk through and trade ideas on how I might potentially look to trade the move lower.
In this video, I walk through the Weekly and Daily Chart on GOOGL and discuss a potential move into earnings we could see, as well as two different ways to trade it.
It looks like it all kicks off Wednesday of this week when we get PPI & FOMC Minutes. Following that is CPI Thursday and then earnings Friday. This being the case, I am looking at bouncing around a little bit until then, when we see the next real leg.
Wheat and Corn both had big moves today but the clear winner was Wheat by a landslide. I continue to exercise patience with Coffee and want nothing to do with the Beans. Energy still works and I continue to think that 6.2 is the spot to pick up Nat Gas.
Market has come down to the decision point for the Final Act. In this video I show you the path that I believe is setting up into the end of the year.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
In this video I discuss a very interesting repeating pattern I’m picking up from June to July. Next week we have CPI and PPI, following thereafter we have earnings and mid-term elections. Folks, it may not be popular, but if you want catalysts for a short covering rally into November then check out this video. In other words, this cowboy ain’t following the herd.