Big Week Ahead
Sam reviews the core markets and the periphery to see how things are aligned into next week.
list of daily videos
Sam reviews the core markets and the periphery to see how things are aligned into next week.
Change the time frame and the time horizon, and the current volatility takes on a whole new context—one filled with opportunity for those who know what to look for. In this update, Raghee shares her “sanity check setup” process.
PCE is due up on Friday. It’s one of the Fed’s most important gauges of inflation and probably won’t be quiet.
Overall, markets still look like eventually, they want to tag their 200 weekly SMA.
As traders, we often confine ourselves to “up or down”, but there is a door #3 that we have to consider.
In this video, Bruce discusses the continued weakness in the overall market. We have had lots of warning signs since the start of the year and have fallen over 10% since then. Bruce is still pulling for the Bulls, but today we broke below the 200 SMA (Simple Moving Average) as yet another Bearish sign. While this type of deeply oversold market can rally very quickly and violently, we need to use extreme caution in this market and only take trades with an edge until the smoke clears. Therefore, we wait and watch and sit on our hands more than normal for not good, but great trades, and be ready to pounce.
The question on the minds of traders and investors! Trading is about probability, and while no one can know the future, we can follow the data. Here’s what the data is showing and where the opportunity is.
David still thinks the S&P 500 is likely to roll over. He reviews levels that would start to confirm this idea and levels that would suggest up instead.
With a little bit of “less bad tariff news,” the market was able to take advantage of the technical setups ripping higher today. TG had been looking for this kind of move since the beginning of last week, so he was well positioned. Now we’ll see if the market can hit his targets.