Jackson Hole to Non Farm Payroll
Taper is coming. Powell is keeping the message clear, incremental, and probably waiting NFP for more specific timing. Regardless, equities look bullish going into September.
Archives: Daily Videos
Song Remains The Same
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.
Strategy > Direction
Most of the time when traders review a chart the primary consideration is direction. It’s the obvious question as we’re all curious, “where are we going”? While knowing this can be helpful, the strategy we choose to apply will often have a bigger impact on profitability.
Constructive Construction Setups
Home construction was hot in the first half of 2021. After taking the summer off to digest the rally we might be preparing for the next leg higher. Timing is everything, so take this into consideration as you start building back into this sector.
2x on a Momentum Breakout
Natural gas did something that can shakes buyers off a trade, in this situation I explain why that same pattern is how to you front-run a momentum breakout.
Powell
Not much else will matter this week aside from what and how Fed Chair Powell communicates to the market tomorrow. Taper? Economy? Headwinds? It’s all going to dictate the direction of the Fall trading season.
Another day, another all-time high
I feel like a broken record saying another new all time high as we hit them day after day, but that is what has been happening. Where does the craziness end and how to trade it? In this video, we look at levels and what to expect from the market.
Is 51 the magic number?
Another day, another new all-time high. In fact, this is the 51st all-time high for the year which ties the old record set in 1995. One more day of new ATH and we break the record. The question is whether the SPX 4500 level is a barrier to higher prices. We look at levels and the most likely scenarios. We also look at ways to trade this craziness and go over a scalping idea for the SPX I set up in the main room today.