In this video, we look at the selling pressure that is increasing as we go lower and lower. This is fantastic if you are short, but with the wild intraday short covering rallies, you have to be more nimble than ever to avoid getting crushed. How do we play this market and do we go short or long? I tell you what I am doing and hope it helps.
True, the stocks sold off today, but not everything was being sold. Let’s look at where some other opportunities may exist.
It’s frustrating when a trade doesn’t work, and a relief when you realize why.
These are the key things I’m watching this week.
With volatility in treasuries and energies there are pullbacks and bounces that trends traders have been watching closely for entries. Here are the ones in play and how I am setting them up right now, as well as the repeatable process you can put to work tomorrow.
With trends in tech, grains, treasuries, and energies intact, the question I get most is what will drive the S&P lower, and that means dissecting what’s inside the S&P and what makes it move. For swing or daytraders, this will be an enlightening explainer.
We saw a lot of volatility in the markets over the last few days, with the indexes closing at the lows of the week. Does this set us up for more downside once we return from the long weekend? Let’s take a look.
Monthly expiration, Fed minutes, and talks of war in the news headlines made for a very interesting, volatile week. Despite a few attempts to squeeze the shorts, we ended the week at the dead-lows. Where does this point towards the markets heading next week? Let’s dive in.
In an unforgiving market it seems like a few other opportunities are rearing their heads. In this video we glance at the larger context on the indexes and focus on a pullback to buy GLD or FCX.