Will the pullback today in the Nasdaq, S&P, and Dow bring back the BTFD crowd? This increasingly looks like staying nimble is the answer, especially if the lows are not triggering the buying that has been a characteristic of past weakness. This video is part workshop and part explainer to the price action we’re dealing … Read more
The end-of-day charts took a backseat to the daytrading, but as the daily time frames are organizing, the pound, yen, gold, unleaded, and heating oil markets are starting to give us a better look at some solid opportunities. Neil’s weekly market outlook.
Equities saw some follow through on Monday and we may start to see more chop as we get into expiration, but there are a few key retracements we need to be aware of. We’ve got key levels in the yen as well as the transports, and these charts will drive the next move in stocks.
Sick of the “daytrading”? It’s okay. While the narrow range of the daily time frames are making that an effective approach, there are some longer-term setups that are beginning to look very good.
The Pit Bull Low is an excellent concept and something I’ve followed for years. It doesn’t always come through, and it doesn’t always come through in the same way, but based off Friday’s close it’s very much worth being aware of. Let’s dive into that along with the outlook the first witching expiration of 2018.
The markets went into hurry up and wait mode for tomorrow’s numbers. But it’s looking like hurry up and wait could be with all of us next week?
The market has Non-Farm Payroll to consider, but the market is also bracing itself for anti-tariff reactions from the U.S. Senate and from other countries.