Analyzing Index Squeezes
The Dow, Nasdaq and Russell are all in Squeezes, but they’re not all showing quite the same signal. This is my take on each, and how I’ll be looking to participate.
The Dow, Nasdaq and Russell are all in Squeezes, but they’re not all showing quite the same signal. This is my take on each, and how I’ll be looking to participate.
This time of year is a perfect time to take it a little slower and explain risk considerations as well as the market psychology that accompanies it. Also I cover the Australian dollar for tonight’s RBA Monetary Policy Meeting Minutes.
This time of year, pretty darn patient, but what does that mean and how do I do this at the open? In this video I walk you through today’s setup in the Nasdaq.
In today’s free video we start with an index, work down into a sector, and then finally look at a standalone stock, all with the same signal. Each are poised to head higher, and this offers some diversification among products.
August expiration saw a bit of volatility, mostly headline-driven, but made for some interesting opportunities. Between that and a few indexes that are getting ready to make new highs, we’ve got plenty of trades to discuss as we head into next week.
As the market comes out of lunch there is a tendency for the market to catch a bid and rally or at least find support. This is a class setup I learned from fellow trader Neil Yeager and here’s how I look for this setup, the “12:30 Bid” trade.
Whether it’s a pullback, correction, retracement or fade, how do these entries control risk? Also I cover euro, gold, dollar, crude, and bonds.