Post FOMC Day.
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.
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.
After the break of 2820, the S&P was able to trade up to $2858.75 before it took a breath. MSFT has made new highs and AMZN has led this charge higher with the likes of NKE and SBUX. NFLX faltered a little today, but it continues to squeeze. Let’s check out our current positions and look at some new ideas in honey badger stocks.