Today’s bullish action in equities was in large part due to J. Powell staying on message. In the meanwhile, currencies are being upended and energies are behaving. See what’s on the radar for the remainder of the week.
Understanding weightings is vital to a futures trader AND it can also make for very effective stock selection. It’s all about the “Boats and Tide” my friends, and here’s I do it…
In this video, we talk about the FED announcement today and what it means for the overall market — I also give a trade concept in BA.
This is a follow-up to a previous video where I walked through the long setup in FB. Today’s follow-through can be measured with historical volatility and helps give context to the upside targets.
And Patience in Energies. The GBP sell-off early has triggered entries, the NQ is testing a Darvas resistance zone, and crude oil continues to be the gift that keeps on giving.
