Friday’s action saw early strength on the back of AMZN earnings, but for most names the strength was a good spot to take profits. The wedge pattern in the S&P is still intact and AAPL’s earnings could set the tone for the break. Let’s look at a few ways to take advantage of the next … Read more
The ECB event left Euro buyers — once again — wondering when the ECB will begin to prepare the markets for the end of the taper. While sellers had their way, key levels are intact. Did a crowded U.S. dollar short get less crowded? Gold and the Euro remain supported but in limbo. For slow … Read more
Stocks did not trade well during Wednesday’s open, but using market internals and knowing a few spots to pick, we were able to find some great day trades that may have opportunity again tomorrow. Let’s review each along with the game plan for tomorrow. For slow or unreliable internet connections: Download Audio-Only MP3
Whether it’s the weakness in bonds or the strength in the pound, both these markets are in chopping while forging ahead. It’s a tricky type of trend, but with the setups I am sharing here, the entries are clear. For slow or unreliable internet connections: Download Audio-Only MP3
The chop on the daily and 60-minute time frames of the ES, NQ, and YM continue to drive the daytrading opportunities we are focused on. How do you recognize this chop? How do you play? Here’s the breakdown … also, what’s in store for energies? One of the few sectors with a healthy trend. For … Read more
Equities gave us a nice warning shot on Tuesday with stock indexes slipping and interest rates rising. I’m not calling for the end of the world, but there are some chart patterns we want to be aware of, should prices continue to fall. For slow or unreliable internet connections: Download Audio-Only MP3
In this video I walk you through 1) How I start building a relative performance watchlist, 2) How to choose the setups on each market, and 3) Point out some interesting setups in the Dow, Natty Gas, and more. For slow or unreliable internet connections: Download Audio-Only MP3
Stock indexes were choppy today while traders waited on GOOGL’s earnings report. The numbers turned up well enough, but the lack of conviction after leaves tomorrow open to just about anything. These are the levels I’m watching ahead of my next round of decisions. For slow or unreliable internet connections: Download Audio-Only MP3