During the arms reduction agreements with the Soviet Union, Ronald Reagan famously said, “Trust But Verify.” This idea seems appropriate now, with the recent announcements from North Korea. There is reason for cautious optimism, but wisdom would dictate a...
“Tripping the Light Fandango” is an idiom for “dancing nimbly or lightly” and that seems appropriate for trading the current market conditions. With the recent volatility and unexpected moves, we need to be nimble in our trading, even more so...
The President is known for his book “The Art of the Deal,” among other things. I titled this update “The Art of the Uncertainty,” because his negotiating tactics have introduced the thing that the markets dislike the most: Uncertainty....
It is a well established maxim that The Market “loathes” uncertainty. And, we have an unusual degree of uncertainty right now, and it is leading to a higher than normal degree of FEAR. In the latest Market Update Video, I review the big items that are...
The S&P 500, and the overall market is at a key decision point. We should know a major direction within a few days. Check out my latest analysis in this week’s video. In my Live Trading Room, we caught a really nice short on SPY and are still in it. To see...
