list of daily videos
Today is a bit of a review on why I am bullish with the /ES printing above 3950, and why this sets us up for a longer term bullish situation for April. Also, I discuss the importance of the Voodoo Lines and why 4100 in /ES could really just be the beginning.
In today’s video I review price movement in the /ES. The two main points in this video address the tangibles with the intangibles. In other words, while the focus is technical analysis, I describe how the market can remain irrational longer than traders can remain liquid (as the saying goes). So bears? Look out! You may have to reverse track and climb to /ES 4300 soon enough!
The prospect of lower interest rates has Tech and Growth moving up, but the weakening economy and the bank fiasco has the Energy and Financial sectors declining. Can Growth stay strong with the headwinds that Energy is forecasting?
The market definitely got hit with all the banking news coming out, and what we are trying to assess is whether or not it is contained. Tech and Growth is indicating that it likes the lower rates that are coming from the Financial sector blowing up. Can it be enough to stay positive about, or will the economic troubles stifle their ascent?
Equities took a bath this morning, but staged a late day comeback. Take a look at this video to see how we traded the move, and what our game plan is for tomorrow.
In this video, we discuss the wild swings in the last several days from the news of the recent bank failures. This is not good news at all and is another problem to add onto the pile of worries the market has. It seems the Inflation problem has been put on the back burner and that may be the case until next week’s FED meeting when we see how the FED will react to the bank news. We need to stay on our toes in this market and tread lightly.
In this video, we discuss the wild swings in the last several days from the news of the recent bank failures. This is not good news at all and is another problem to add onto the pile of worries the market has. It seems the Inflation problem has been put on the back burner and now the focus is on the banks. This may be the case until next weeks FED meeting when we see how the FED will react to the bank news. We need to stay on our toes in this market and tread lightly.
In this video, we discuss the wild swings in the last several days from the news of the recent bank failures. This is not good news at all and is another problem to add onto the pile of worries the market has. It seems the Inflation problem has been put on the back burner and now the focus is on the banks. This may be the case until next weeks FED meeting when we see how the FED will react to the bank news. We need to stay on our toes in this market and tread lightly.
At one point today Crude was down 8%. I bought it for the trip back up. Let’s take a look.
