Testing Day Bull on Turn Point – SPX
The image above shows the plan from Friday at the close. We held the weekly bear(light pink) and rocketed up for a few days into… Read More »Testing Day Bull on Turn Point – SPX
Bond Crisis, Not Equities
One important factor I am reminding myself as we move into January of 2023. If Government defaults on their bonds, the borrower get’s stuck with… Read More »Bond Crisis, Not Equities
War & Fed Meeting
Today Sept 21, 2022 was Putin military address to basically state he is protecting Russia from NATO, Neo-Nazi’s, and the Western threats. Below is the… Read More »War & Fed Meeting
Taking Off The Insurance…
4125 was the highest intraday which was also a prior Aug bearish reversal that was elected (but the Socrates System did not publish it elected).… Read More »Taking Off The Insurance…
Taking 1/4 Profits from 3900
3900 in the SPX held and the long play worked out. This was a tough hold as the gap down was quite scary. So knowing… Read More »Taking 1/4 Profits from 3900
SPX 3900 Support for Week
We are testing 3900 support area right now. Which could possibly give us a temp weekly low then testing back into 4125 for next two… Read More »SPX 3900 Support for Week
Could Sept Give Intra-Month High?
We have a turn point in Sept still… on most markets. And while we head lower… and it could gap down this week quickly. I… Read More »Could Sept Give Intra-Month High?
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
Connecting The Important Events…
It was a surprise to me that most are not aware of the political step downs that have occurred in the last week. So I… Read More »Connecting The Important Events…
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