Just a few things to wrap up the week… we want to look at crude oil long on pullbacks as well as a handful of oil stocks. The trade deal for ags isn’t what it appears to be and it’s the stock rocket people; we stay bullish.
Crude is a new uptrend and a buy, but the risk is still high when looking at the range from aggressive entries to the stop loss. So here’s how to manage that risk and still get a piece of crude.
Shorts have been on the run, for the most part, since TSLA’s last earnings report. Is this pattern on the 15 minute chart enough to watch for continuation on Friday? This is what I’ll be watching in the stock tomorrow.
Tweets continue to be a dominating force in the current market, and as of Thursday’s post trade talks, are great once again. Opinions aside, price did plenty of talking today as semis give us a glimpse of what’s to come.
If you’ve been waiting for bonds to trade lower into the zone, your wait is over. As news of a tariff compromise hits the equities market, bonds have traded lower and right into the overbought zone.
The patience to wait for our zones of entry in chop is especially important when setting overbought and oversold levels. Here are a handful of setups on my radar, including how I am trading the bond entry today using TLT.
In this video, we look at the FED announcement today and how the market reacted to it. We also look at SPX levels and where we might go into the end of the year.
