Mind The Gap

The S&P 500 is finding resistance at a key gap level from last week.  Watch this level closely! In this week’s update I review this level on the chart.  I also point out a couple of very interesting articles, and the key economic reports coming out in the...

A Unique Trade Setup

Last week the market was pretty wild! Right now, I am seeing a POTENTIAL high probability trade setup. In this week’s video, I explain it.  Subscribers to my Stock/Options Picks and Live Trading Room will get the exact details, tonight. Not a subscriber?  Sign...

It is OK to be wrong

If you have been following my weekly updates for any time, you know that I have been waiting for the market to head back down. And it has not.  I was wrong (at least for now.) The good news is, it is OK to be wrong about the market.  In fact, I’m wrong 40-45% of...

Here is the Dilemma

The dilemma is: Do we trust indicators and technical analysis (up trend continues) or our “Gut Instinct” that a big correction is coming? I address this dilemma and give my answer in this weeks video analysis and market...

A Distinction Without a Difference

Fed Chairman Powell said “GDP could shrink more than 30%,” but he doesn’t see a Depression. Well, that is a ridiculous statement.  The technical definition of a Depression is “GDP contraction of more than 10% in a given year and economic...

The Uncertainty is Certain

Lot’s of news for the market to absorb. But, before long I expect the full impact of the Corona-virus shut down to begin to impact the market and that this will cause us to go below the March lows. Watch the latest video update for my...

Market Update 4-12-2020

Overnight S&P 500 futures are down, indicating a down open Monday, 4/13/20, morning. This could be the beginning of “C” wave of the correction. Earnings season is kicking off this week and all eyes will be on the forward looking forecasts of the...

Market Update 4-5-2020

Market volatility continues. Breaking news rules the day for now. Most opportunities are very short term. See my latest video update for key levels to watch for. As always, I welcome your questions, comments and feedback!...