How Does This Compare to 2008? Trades And What To Watch For Next.
Guess which one is happening faster?
Archives: Daily Videos
The Four Markets to Watch Right Now
These are the four markets I not only daytrade but also look for longer-term trading opportunities in. They also happened to be the four markets that will tell us when the worst of the panic is subsiding.
The market is not impressed with helicopter money
Today’s traders were a combination of an early loss (NQ short), trades that didn’t trigger our entry (US dollar buys) and then finally, a midday ES and NQ VWAP cluster bounce which salvaged a bumpy and overall unimpressive rally that included 850B of stimulus/bailout and helicopter money.
Fading the Gap
Trading overnight gaps at market open has been one of the most consistent bets in this market. Check out the video for more info on how I’m making money on these moves.
Dominoes Keep Falling
The Fed made their best effort to quell Wall Street’s fears, but it clearly wasn’t enough, as the market experienced its worst day since 1987 and went out right near the lows. I think we’re likely to continue seeing lower prices. Here is what I’m looking at, and how I’m trading it.
Scanning for Dollar Buys
It’s early but let’s put it on the radar: How and when do we want to build more dollar longs?
Levels to Watch in the S&P and NASDAQ
Here are some of the answers to the most common questions I am getting about this sell-off, and more important, what direction to focus on.
“Pay yourself while you can, not when you have to.”
Yen weakness kept us bullish and our entries to the long side all day — that is the power of the master market internal. But the real lesson here is not to overstay your welcome into events that could bring quick and unpredictable volatility.