Daily timeframe pointed to NQ rally
How much and how effectively are you using your daily timeframe analysis in your daytrading? In this update I share how just one of my six different factors pointed to the NQ as the best buy today.
Archives: Daily Videos
Macro to Market: Post FOMC Reshuffle
Reflation trades have deflated but there are trends to keep an eye on and overreaction to be measured as we head into the Triple Witching session.
Hawkish FED Today
With the much anticipated FED meeting out of the way, we have the answer to the big inflation question. We now know that the FED actually does see the inflation and supposedly rate hikes are coming down the road. What does this mean for the market and what to expect?
FED Day Fun
With the much anticipated FED meeting out of the way, we have the answer to the big inflation question. We now know that the FED actually does see the inflation we all see and supposedly rate hikes are coming down the road. We need to watch closely to see if this starts a black cloud over the markets or if we remain in BTD mode. We discuss what to watch for and I do give an idea for a downside hedge in the SPX.
FOMC out of the way, uptrends survive
The S&P and the NASDAQ are ready for some intraday trading after a “caution day”; the Dow is a mixed market between the short and longer timeframe. Daytrading the ES and NQ is what is on my Radar for tomorrow.
Let’s not fight the larger trend
Did the FOMC break the overall uptrend in the S&P? Nope. I’d like to see some support in the reflation corners of the market like the Dow and Copper, but this meeting and presser should not derail the healthy trends in this market.
Index — Sector — Stock Daytrading Process
Today’s indices flashed the “stay away” signal, and that allowed us to look elsewhere for potential opportunities. Stick with the process, watch the relative outperformers. I explain how in this update.