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...
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...
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...
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 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!...
Plenty of things to be freaked out about. But in our trading, there is no reason for fear. The current market volatility is giving us some great opportunities. Check out my latest Video podcast for my comments and analysis. If you are not currently a...
Wow! America is basically shut down. The President has declared a national emergency. The Fed has, for the second time, announced an unprecedented “out of cycle” rate cut, now to 0.0 – 0.25% And . . . the market is not responding well. Overnight Dow...
Wow! S&P 500 and DOW futures are down over 4% in the overnight session, and Oil Futures are down an unprecedented 20%. What does this mean for trading and a longer term forecast? My latest update and analysis are in today’s video: What are your thoughts? I...
