Was That It? Yes, It Was.
Follow up to last week’s video where we were looking at early signs of weakness across markets. Today we got confirmation.
Follow up to last week’s video where we were looking at early signs of weakness across markets. Today we got confirmation.
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 today’s video I discuss the completion of a cycle that’s been in play since July and why making a low into /ES 3900 makes sense. Other topics include how to trade gold and why it’s a hurry up and wait scenario.
In today’s video I discuss the completion of a cycle that’s been in play since July and why making a low into /ES 3900 makes sense. Other topics include how to trade gold and why it’s a hurry up and wait scenario.
After today’s sell-off, bears are out in force, and with good reason. Will the selling persist? I think we get at least one more day, but Monday’s trade will be critical for the rest of the week.
There’s been a lot of conversation this week around Jackson Hole, but I think the better focus may be on the S&P hole, and how it may guide price.
We’ll begin today’s analysis with a quick review of one time-framing vs reversion to the mean markets, then move into symmetry in SPX and the same kind of levels that’re holding up in AAPL.
Futures traders have a unique view of individual stocks and with the 3:1 TSLA split there are a few things to consider.