Trade Alert

Market weaker than expected

February 2, 2018 12:10 pm / Published in * Trade Alert, SP500, SPX, SPY, Unemployment, USD, VIX, XIV
Yesterday I wrote that the new low could be secure, I was wrong. Today the Unemployment number was better than expected but traders are selling US stocks taking the indexes to a new low today. The question is:  Would the next unemployment number be better than this one? The market is selling and the next

TOO MUCH EFFORT #ES 2813 could be the low

February 1, 2018 10:30 am / Published in * Trade Alert, DIA, Earnings, ETF, Europe
The bears are were able to show 3 consecutive lower low on ES Futures     The bears are were able to show 3 consecutive negation of 6900 on NQ Futures     The bears are were able to show a lower low after a test of the 26000 area on YM Futures If bears

EARNINGS TODAY

February 1, 2018 8:38 am / Published in * Trade Alert, Earnings
AM EARNINGS still to come.. Time Warner (AT&T DoJ lawsuit commentary), Mastercard (may set tone for Visa, which reports after the bell) Healthcare: Awaiting more Amazon impact comments w/ McKesson and Cigna #’s coming Energy: The Integrateds and refiners are starting to roll with Shell, Conoco, Valero and Marathon Petro.. Exxon and Chevron are both

Adding a hedge to the long exposure

January 19, 2018 1:20 pm / Published in * Trade Alert, DIA
The market is moving on rumors regarding a potential deal. Republicans in the Senate do not seem to have the votes to pass the spending bill as of this writing. There will be a lot of horse trading today to prevent the government shutdown. The market is assuming that a deal will be reached. Neither

#Gold Trade Update

December 26, 2017 10:24 am / Published in * Trade Alert, GLD, GOLD
Target Reached on #GOLD in 13 days. Time to manage the position. Cutting some risk now and placing trailing stops. Fib 38.2% is near 1300     Here you can review the entry. Closing Short in #GOLD and Adding Long Exporure    

Strong Germany vs Asian Equities

November 27, 2017 10:10 am / Published in * Trade Alert, All Time High, Germany
Chinese government appears to be focusing on leverage.  Shanghai Composite Index experienced volatile trading late last week during the U. S. holiday. Germany reversed the selling and SP500 is now trading at or near all time highs.