You're In! Welcome to the Simpler Family.
Check out our Blog for more FREE Trading Tips & Strategies.
Eyeing the Weakest Link
The Russell has been the weakest link out of the indexes, unable to breach the key resistance overhead. I’m watching price action closely, and if price fades at resistance come next week, I’ll be trading this one to the downside.
Is this really a shift?
The market rallied this week on hopes of new talks with China, a less-worse-than-expected NFP… Is this the time to get optimistic, or an opportunity to buy pullbacks in gold and bonds and dollars?
Currency Trends to Watch Now.
There are moves that are happening in the currency markets now that show central banks are really on the move… to lower rates. It’s not just about “forex” gang, it’s about how to take advantage of some of the best trends in this market right now.
Energy Market Trends
Natural gas, Crude oil, and RBOB gasoline continue to setup trend trades in this weak sector.
Rising Bias on PHM
Today I am taking a longer term rising bias view on PHM. This is seeing some excellent bullish signals on the Weekly Chart to look at getting long, including a bullish signal on The Compound Breakout Tool. For those who are interested in learning more about this indicator, and how it can help them get great entries for profitable trades, feel free to join me tomorrow in the free webinar I will be hosting. This webinar will also be recorded for those who can’t attend live.
Index Levels in Play.
Overbought levels in the NASDAQ and S&P while downtrends dominate the Russell and IYT.
How Can You Tell If The Institutions Are Selling “Behind Your Back?”
For those that are unaware, they often find themselves on the wrong side of the market.
Buying US Dollars.
I continue to focus on those corrections in the dollar to get long. Here’s two setups following through, and two of the best ways to get long dollars.
The Earnings Trade in LULU
LULU is showing us a pattern that I’m always looking for, and especially pay attention to around earnings. Let’s dive into that, along with two social picks for long term moves.
