That is exactly what we want to build… portfolios short or longer term… that’s the goal. The difference is the time horizon and risk tolerance, and in this video, I walk you through that process as well as our most recent trades.
Today we had TRIN 2.0 and a tweet. What can the market do without that support?
The crude oil market API data showed a build-up in crude, and this sets up a very interesting EIA release tomorrow at 10:30 AM ET as the market adjusts from a drawdown scenario. The trend is lower in crude and here’s how the trade will be effected by the volatility.
The market got a bit of good news today with the delay of the tariffs and we see just how willing buyers are to jump when there is optimism about the trade war. We still have other optimism setups like the Federal Reserve that could carry the broader averages to levels I am still holding out for. Am I expecting a new uptrend? No. But a revisit to the overbought resistance zone of the current chop? I sure am.
