B Is For Breakout
Bulls were back to work on Monday with small caps outperforming while the Nasdaq rallied nearly 1%. I can’t say I see many discounts but if you’re willing to take a shot at a breakout these are 5 names I like.
Archives: Daily Videos
list of daily videos
Against The Grain
I am not trying to be a hero and pick a top so I will explain my shorting today in tonight’s post-market update. Good Trading…
S&P 500 Snow Day
The S&P 500 reached up to its Voodoo snowline early in the day and played in and around the snow all day long, eventually closing below it. This level has been at the center of a cluster of target levels we’ve been watching for several weeks.
End Of Day Trading With Voodoo
Voodoo Lines have been a recurring theme in my evening updates this week and today is no exception. When extensions continue to be exceeded, Voodoo targets are likely where we’re headed and I won’t trade without it.
Touchdown!
We have been using $70 Crude as Line in the Sand for a while now in the Futures Trading Room. Tonight I will share with you the How, What, Where, When & Why behind that decision along with target(s) and then the “Paul Harvey” or the Rest of the Story.
Markets Finally Extended
Most markets are now too far from their 50 SMA. Now I look for short ideas.
Scanning For “Big 3” Squeezes
The markets had a strong reaction to the CPI report this morning, and I’ll be looking for some bullish entries on the next dip. Here’s a few of the daily squeezes I’ll be keeping an eye on.
Hot Off The Press
It’s in. CPI comes in favorable and the markets likes it. The Dollar takes a hit but all else is good. Let’s digest this and make a plan for what lies ahead and how I’m looking to trade it.