End of Month Shenanigans
Three (trading) days out from April, the market has behaved in a more exaggerated version of end of month and end of quarter behavior. How do we know? I explain in this video.
Three (trading) days out from April, the market has behaved in a more exaggerated version of end of month and end of quarter behavior. How do we know? I explain in this video.
A tough three days of trading as the month and quarter wrap up — and good riddance! Here are the trades and critique of the currency alerts as well we our trades in the US dollar and XLK.
There aren’t many companies surviving in the face of the coronavirus crisis, but the ones that are, are thriving. Let’s look at the macro and technical setup in AMZN. Also, if you’d like to learn more about how I’m currently trading this volatility, check out my free webinar on Thursday, April 2nd at 7pm. With volatility comes opportunity. Go to www.simplertrading.com/madness/ to sign up and I’ll see you there.
The indexes rallied into resistance, but I don’t want to get caught in a bull trap. There are several key day trading opportunities if upside continues, but overall, I’m looking for further downside. Check out the levels where I’ll make my bets.
When there is a disconnect in the market — not usual when rebalancing into the new month and new quarter occurs — what do you follow?
End of month rebalancing starts 8 days before the end of the month, with the most impact 3 days before the end of the month. We’re daytrading through but what are the nuances of this environment? How do we daytrade price action?
Stocks continue trading in a volatile range and I find it helpful now more than ever to focus more on setups, and less on predictions. Tonight’s free video looks at two of these technical trades in diverse products.
Buyers caught a breath of fresh air this week and now everyone wants to know if it’s the bottom, or where we can get short. Ultimately we need to be flexible and trade what’s in front of us. Here’s my take on what that looks like.