A sell-off in bonds finally pulls down equity indexes.
A selloff in bonds from a key resistance area, coupled with worries about upcoming economic reports, led to a sharp sell-off.
A selloff in bonds from a key resistance area, coupled with worries about upcoming economic reports, led to a sharp sell-off.
The semiconductor industry is as critical as ever, but timing the trade is what it’s all about. Let’s look at that in tonight’s video, updating fresh signals showing up on the daily chart.
Equities have been especially fickle around economic data as of late, and Friday should be no different. PPI will hit the wire 1 hour before cash markets open, and these are the considerations I’m making ahead of that report.
Pullbacks buys, mean reversions, buy the dip… it’s back if you know where to look and how to measure it. Here is where the buy the dips are beginning to setup.
Let’s focus on trends since those give us the best edge and chance for follow-through. In this update, we get into why the Dow is moving higher and what the other trades it could signal are.
In this video, we look at the wild swings we have had in the last week. These are not normal moves, and they seem to be getting even more volatile. What is causing this and what could happen next? We look at the charts to try to make heads or tails out of it and we then look at the economic calendar for clues as to what is sure to be a huge event coming next week. You don’t want to miss next week’s trading as this will set the tone, up or down, for the end of the year.
In this video, we look at the wild swings we have had in the last week. These are not normal moves, and the swings seem to be getting even more volatile. What is causing this and what could happen next? We look at the charts to try to make heads or tails out of it and we then look at the economic calendar for clues as to what is sure to be a huge event coming next week. You don’t want to miss next week’s trading as this will set the tone, up or down, for the end of the year. Lastly, we look at a couple of end of day trade ideas.
This week is light on the news front but don’t be lulled to sleep as next week will certainly not be a dull one. Basically, in one week’s time we will get a CPI, PPI, FOMC, & Quarterly Opex.
Today’s market conditions proved to be a tough landscape to navigate. Take a look at this video to see my sentiment and trading plan moving forward.