Early signs of a bigger downtrend, maybe “the big one” on the indexes. Not ready to call it yet, but close. Check out this week’s video for the analysis and what to watch for. I want to hear from you! Be sure and post your reactions and questions....
Bias to the downside. Big upcoming events are; -Earnings Season starting soon, Alcoa on 10/17/18 -Mid-Term Elections on 11/6/18 We may drift until then, slightly down. Still plenty of trade opportunities, just need to be cautious and watch key dates for individual...
The S&P 500 put in new all-time highs last week and is pulling away from moving averages. Is a “reversion to the mean” coming? Watch the latest market update video for my take. As always, I welcome your comments, questions and feedback. Go ahead a...
Turkish Lira meltdown. Dog days of summer. Aging Bull market . . . What’s a trader to do? My latest update is posted now. Hint: Still great trading opportunities for the prepared trader! Questions, comments or feedback? I’d love to hear from you!...
The Russell could lead the overall market down this week. Watch IWM for a level below $163.76, if this is hit, more low’s to come on the Russell and other indexes. See video for more details. As always, I welcome your comments and questions!...
The market seems to be looking for bad news and will respond to it in a volatile fashion. The only reality so far only is good economic news, but even the hint of bad news causes an out-sized reaction. Check out this weeks video for latest example and for news this...
On Friday, July 5th, 2018, import tariff’s on $34B worth of imports from China went into effect in the US. Of course, China retaliated with their own import tariffs on US goods. These were the first real “shots fired” in the “trade war.”...
Time and Price patterns that are similar in magnitude and duration can often repeat themselves. We have a pattern like this on the S&P 500 right now. In this week’s video, I break it down and show what the next probable move is. Also, Happy Father’s...
