Bigger Picture, This is Why Gold And Bitcoin Will Go Higher.
While the swing moves are fun, never forget the bigger picture.
While the swing moves are fun, never forget the bigger picture.
In this update, I share the tools for the daytrading session tomorrow, as well as where we are on crude, corn, the Euro, Pepsi, and how this ES triggered a “retest” short this morning.
This morning was full of expectations and volume as the US/China trade narrative took yet another turn. Expecting continuation or reversals on the open is not what we want to do. Rather, we wait for a subtle but easy to find cue. Here’s how I do just that each morning…
As the end of the month, end of the quarter, and a Russell re-balance swept over the market today, there are a number of moves that have set up nicely for July.
I primarily trade options, but there are a few spots where I’m willing to take assignment, or just outright buy shares of a company. We’ve got two of those to look at tonight and a third that I’ll more likely look at an options play on.
Stocks head into the weekend near recent highs while much still rides on the results of this weekend’s G20 conference. There are warnings out there we can’t ignore, but if those don’t come through, let’s just keep buying these best of breed stocks…