Slop N’ Chop
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 do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
Indexes are a mess so we want to stay cautious, but here are three stocks I’m looking at into next week.
Here’s a review of the setups from this week and what I am watching for next week.
Here’s what I will expect for next week’s directional bias for the indices.
Updates on Daily and 120 minutes charts. We are below the 50 on the Daily and the 8 and 34 are crossed to the downside.
ES levels on the Daily and 120-minute charts. The 8 and 34 have crossed back over to the upside on the 120-minute chart. It will be interesting to see what happens overnight.
Gold has been rising for a few weeks now, but really came to life when Bitcoin started to fail. I think we’ve got room for at least one more leg higher, and these are the levels I’ll be using to trade it.
Monthly expiration is upon us, and the 3rd Friday of the month always presents unique opportunities in the options market. Let’s look at a few of my favorites along with the plan for tomorrow and into next week.
Where are the opportunities when we step back to look at the bigger picture trends and where the trade opportunities are waiting.