No bonus points for the difficult trades
Quite simply I think there are easier trades out there than that of the Indices. Commodities are getting the love. Let’s take a look.
Quite simply I think there are easier trades out there than that of the Indices. Commodities are getting the love. Let’s take a look.
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.
Let’s dive into a signal that will drive trade for the next year. Don’t miss this one.
Today’s strong recovery in AMZN stock on the heels of earnings brought the price to and then just above its Voodoo fireline — the same level which had been resistance on recent recovery attempts. How it reacts at this level will likely show the next move in this name.
Whether it’s the NASDAQ, S&P, Dow, or Russell, was this the move to buy or to short into? The answer—as always—begins with the market structure. In this update we will deep dive the indices and sectors and look at what today’s rally set up for next week.
2022 is still resilient, but after today, can we talk about buying QQQ Puts? In this video we discuss the characteristics of today and look at some potential trades for next week.
In this video, I walk through what type of strategies are really working in this market environment while keeping Risk low, and I also walk through a trade idea to consider today on SPX.
As traders await Friday’s Non Farm Payroll, staying nimble and short-term continues to be a productive approach. When trading in the morning, there are support and resistance levels that are not necessarily the obvious price based levels that most traders watch. Here is how I break down the morning session with volatility and time based support and resistance.
As the rate hike closes in on the market there are other currencies in play, like the Euro that is worth watching, as well as the pullback in corn — a market that climbs in the inflation environment. NASDAQ continues to be a short the rip setup as well as XLY and XLC, but the S&P, Dow, and XLK remain in chop. Remember to keep structure first and it will be easier to navigate this chop.