In this video, we discuss the new, new all time high and what we might expect next.
Watching July 31 is yesterday’s news… it’s all about September, as the market is coming to grips with a 25 basis point cut (not 50) and expectations for another 25 basis point cut is expected for September.
We are in the midst of earnings season, with big names coming up tomorrow, including PYPL. Tonight, CMG and V reported favorably after the bell and I’ll look for that to bleed into tomorrow. The majority of our setups are focused on the Run into Earnings and a few buys we’ve managed to snatch on pullbacks. Let’s look at AMD, BYND, MSFT, TWLO, V, ZS, ZTS, CDNS, ZEN, PYPL, YEXT, DIS, ROKU, SHOP, and more!
Right now, we have two key Run into Earnings in focus — why? Because they both have high short interest and the potential to really explode. One I’m trading with calls, and the second with my famous flies. Check it out here.
With the ECB event just around the corner and traders expecting more Euro weakness, the US dollar buy versus the Euro is one way to trade it. However, in order to trade currency futures you must understand the relationship back to the foreign exchange and the US dollar relationship to the Yen, Pound, Franc, and more. I explain that and my favorite setups in this video.
How can the combo of currencies and commodities allow you to trade any market and see the connective threads? In this video, I explain the connectors and why they are both important and opportunities for us as traders of any market.
