Get ready for Santa!
In this video, we look at the crazy swings we have had over the last several weeks and try to makes sense of where we are and where we may be going into the end of the year.
In this video, we look at the crazy swings we have had over the last several weeks and try to makes sense of where we are and where we may be going into the end of the year.
These next two weeks with holiday effected trading will be exactly the type of environment where I will focus on being nimble.
Winding down 2020, the reflation trade is in full swing — as I discussed in my Notes back in October — and there are plenty of trends to add to our radar.
I have a pullback on a 15 minute chart, since we are some distance from the original setup on the daily. We have triggered for a swing trade also.
In today’s free video, I give my outlook on the rest of 2020 and discuss underlyings with good foundation but have seen a pushback. I also share my thoughts on gold.
The question is, do we get a Santa Claus rally into the new year? Well, I think so, but I also run through one of my favorite things to look at, which is how the PCALL and SKEW correlate to the markets. Specifically, now is not a bad time to have a hedge on, just in case “the pullback” happens sooner than later. Be like water: don’t call the top, and go with the flow.
Often traders feel compelled to trade right on the open, and in this video, I share why it’s often best to wait for the market to tip its hand.
As the market waits for Santa, is there another factor in why certain sectors and indices will rally? I explain what that is and why in this video.