Pre-Market Hot Zone Trading
This morning’s PCE data release was a perfect opportunity to fade volatility. Here’s how and when the S&P and NASDAQ set up daytrades before Wall Street bell rang.
This morning’s PCE data release was a perfect opportunity to fade volatility. Here’s how and when the S&P and NASDAQ set up daytrades before Wall Street bell rang.
Today’s PCE was a needle mover for traders who Know their Macro. It was the first glimpse into a less aggressive hawkish monetary policy and the data is reflecting that. Here’s what to consider next.
In this video, we look at the current price action of the market and try to make heads or tails out of it. We had a big free fall followed by a stall out and chop around our Voodoo Snow Line. Which way do we go next, and as always, how do we trade it? Lastly, we talk about the upcoming events over the next several weeks and what to watch out for.
In this video, we look at the current price action of the market and try to make heads or tails out of it. We had a big free fall followed by a stall out and chop around our Voodoo Snow Line. Which way do we go next and as always, how do we trade it? We look at today’s Lotto ticket or End of Day trade today and how I turned this into a “tweaked” Batman trade. I managed to get an almost free trade with big potential if we were to pin and how you can structure trades this way. Lastly, we talk about the upcoming events over the next several weeks and what to watch out for.
Tomorrow is the last trading session for the month of June and as luck would have it, we have a trade for that. Let’s discuss that and more in tonight’s Futures Market Update.
The idea of rallying into the long weekend may be ready to get underway. If so, and these support levels hold, you may find some bullish opportunity in AAPL.
Take a look at how Joe handled this quarter’s position squaring, but more importantly, how he will position himself for Q3 and look to exploit opportunities in this bearish market recession?