Market Caution Aug 29 or Sept 1
Quick update as this rally has been relentless. The June 14th low was profitable for most new positions including US Steel, RAD and UDOW. It… Read More »Market Caution Aug 29 or Sept 1
Market Talk
Rally Today, Watching May 9th
Today, FOMC meeting had a great rally into the close. Was difficult to play as a day trade due to volatility. So sold premium with… Read More »Rally Today, Watching May 9th
More Hints at Shortages of Food & Energy
It’s now just getting too obvious. Now we have reports of Walmart Indianapolis distribution center on fire. Remember, people who do not find what they… Read More »More Hints at Shortages of Food & Energy
Interest Rates Could Be Target, Not US Indexes
Today March 14th, 2022 is an important date it does not appear that the Dow Jones, SPX, or NasDaq will be making that new low… Read More »Interest Rates Could Be Target, Not US Indexes
Important Week for Market
As move closer to the week of March 13th, the markets are very volatile. What a good trader will look at is there risk vs… Read More »Important Week for Market
Target Support From The Correction
S&P500 (SPX) SPX (SPY for ETF) is now showing support for a weekly bullish right below the price. You can see it on the chart.… Read More »Target Support From The Correction
Was The Night Before A Correction?
Looking at the market into the close, there is a low risk entry to profit on a correction moving into February or March. If we… Read More »Was The Night Before A Correction?
Markets: Prior to Weekly Close 1/21/22
We got a huge down move and we can see below the weekly reversals(pink), specifically the 4th at 4427.60 is holding at mid day on… Read More »Markets: Prior to Weekly Close 1/21/22
Forecast For End of 2021
Here is an important update after sitting in at the World Economic Conference for 2021. I felt it’s important to share these forecasts with those… Read More »Forecast For End of 2021
USD/JPY – Capital Flight to Safety?
It’s important to review the currencies to see how the capital is flowing. One thing is for sure is the Dollar is soaring against the… Read More »USD/JPY – Capital Flight to Safety?