Market Structure: Improving

November 8, 2018 9:33 am / Published in Market Update
As you can see from the picture below. The SPX structure improved yesterday.  Historically, once uncertainty is reduced the market usually  move to the next resistance area.  My opinion is that we are right at resistance.  If Bears were correct on the last liquidation. We are right on the spot where selling can resume.  PE

Quadruple witching expiration

September 15, 2017 2:32 pm / Published in RUT
Today we have the expiration of stock index futures, stock index options, stock options and single stock futures. At this point, the SP500 is near the all time high and sellers did not appear.     Fund Flows data is weak for equities in North America and Europe and positive for Asia. .    

Protected: Trade #26

April 5, 2017 9:01 am / Published in * Trade Alert, SPX
There is no excerpt because this is a protected post.

Protected: Trade #25

March 30, 2017 8:52 am / Published in * Trade Alert
There is no excerpt because this is a protected post.

INTELLIGENCE: PRESIDENTIAL DEBATE

September 23, 2016 9:27 am / Published in * Trade Alert, Nasdaq and NYSE, Research, SP500, SPX, Trading Lessons, Unemployment, Upgrades, USA, USD
The first Presidential debate between Hillary Clinton and Donald Trump is scheduled for September 26. I came to the conclusion that: The markets are trading as though Clinton has already won. As of this writing, polls have been narrowing in Trump’s favor. The consensus is that Clinton will win the debate. For Clinton to win

$SPX – Financial Sector taking the lead

August 10, 2015 6:20 pm / Published in Market Update
Overall this is good for the global markets Gains in energy and materials shares, coupled with improving investors’ sentiment after the Berkshire Hathaway’s latest deal pushed stocks higher, while Treasuries dropped. Uncertainties over the Fed’s rate hike in September pulled the dollar lower and gold rose. Oil jumped after a rally in U.S. gasoline and