Teen Horror Movie
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.
Archives: Daily Videos
Expecting Heavy Showers
That’s right, I’m expecting another selling event into the last week and a half of August left. In this video I give reasons why — based on a few interesting indicators showing me that /ES at 4100 and lower wouldn’t be surprising at all.
In For A Correction
That’s right, I’m expecting another selling event into the last week and a half of August left. In this video I give reasons why — based on a few interesting indicators showing me that /ES at 4100 and lower wouldn’t be surprising at all.
OXY and the power of technical indicators
Shares of OXY were up 10% on Friday, and with the help of our Voodoo Roadmap we were able to be in well ahead of the news. Let’s look at the setup and what that might mean for prices further down the line.
A Blip or a Break?
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August Expiration
Bears have had several opportunities to step in and shift the trend but haven’t been able to do it. If that’s the case again tomorrow, we may see SPX move into the psychological value of 4300.
Slow and Sloppy
The S&P has had moments where it looked ready to break, but buyers continue to creep back in. Not with much conviction, but with enough to keep things from falling apart. Let’s look at that and where it leaves us on our path into Friday.
The Daily Timeframe & FOMC
The uptrend in price and macroeconomic trends point the way to the upside. Regression to the Mean aka Buy the Dip is the game plan.
Regressions to the Mean
Here are the setups I am watching as the market prepares for hikes to December and the trends that are in place now that we can buy the dip.