Archives: Daily Videos
Will the FOMC hike in December?
The answer is yes but the communication from the FOMC members has been clear as mud. Here are the implications…
Stay the Course.
The volatility to the upside continues to point in the direction of lower lows. Here’s how dollar, crude, and European markets are continuing to deliver setups. Also, I touch on the importance of market trend differences in the ES and YM versus the RTY and NQ.
Psychology Pitfalls and Trading Your Playbook
Low volume consolidation + squeeze fire = ??
A Short in the Materials Sector
My radar screen has clued me into a sector I rarely trade — the materials sector. Why? XLB as well as many of the top ten names all have daily squeezes, many of which are banging up against overhead resistance. Let’s look at short parameters for these trades.
Yesterdays’ Gains are Fiercely Returned
After a strong up day yesterday that rallied directly into resistance, sellers came out in force today. As of now, the indexes are at key psychological areas of support, and the $PCALL and $TRIN are telling us we could get a bounce. However, to me, that’s a rally I can short. Let’s look at trade ideas in FB, NFLX, AAPL, WFC, and XLF.
