Thinking in 3’s
Tonight we’re looking at a time frame that isn’t quite as long term as a weekly, but gives more detail than just a daily and has three names with current signals for next week.
Tonight we’re looking at a time frame that isn’t quite as long term as a weekly, but gives more detail than just a daily and has three names with current signals for next week.
The SKEW readings finally came through last week and into July and is worth reviewing. We also have a detailed review of the put call ratio, and a few of our favorite picks heading into next week.
Managing open positions — like long bonds and utilities — into July as the market gears up for three Powell events next week. The market is still on track to keep pushing highs in equities. I also take a good look at crude (a position I am in still) and what the plan is next.
Long bonds, long home-builders and construction, long utilities… here’s how it works together.
In this video, we go over the historical level we hit today of 3000 in the ES. We talk about levels and what to expect next.