Will 2020 Be The Year to Sell Gold?
At the end of 2015 I asked whether 2016 would be the year to buy gold. That ended up being the right time to ask that question. Now I want to look at whether we should be selling Gold in the year to come.
Archives: Daily Videos
How much higher will the S&P 500 climb?
Today’s action in the S&P 500 argues that we are still in the middle of the advance from last December and not near the end. I’m not in it, so I will look for pullbacks to buy. Meanwhile, today gave us some of the early signals we’ve been looking for to signal a possible turn down in Crude.
New All-Time Highs & More Opportunity
Some of my favorite trades lately have been short squeezes, because those are setups that appear the most at new all-time highs. Let’s look at TSLA and KMX, along with earnings trades in NKE, and some swing trades in MSFT, AAPL, LMT, FB and more.
Eyeing Another Short Squeeze
KMX reports before the open, but after hours I’m already seeing a breach of the previous high — which could equal a great day trade setup tomorrow, or a swing trade for next week. Here’s the setup and how I’m playing it.
S&P 500: New all-time highs; new warnings.
Last night we looked at the longer-term picture in the S&P 500 and why we wanted to wait for pullbacks. We can’t know when those pullbacks will come but tonight’s look at the short-term picture warns that it could be soon.
Sensing Danger
It can be useful to develop your intuition for when something feels right and when it feels wrong. Elliott wave can be a useful tool for this, and tonight we’ll look at why I want to lower stops to protect more in my Euro Short, which is feeling wrong. In the S&P we’ll look at warnings even when something looks right.
How many new all-time highs can we get this year?
In this video, we discuss my SPX 3200 price target as well as the price action of the market. We also look at what to expect as we go into the end of the year.