Setups That Are Doing Their Own Thing?
In any market environment, setups that are independent of the rest of the market are always great. In this market, they are great times two.
In any market environment, setups that are independent of the rest of the market are always great. In this market, they are great times two.
The USD is in play for the jobs number. The rate hike is priced in. So what’s next for the Dow, NASDAQ, S&P, and financials? I also share how I manage risk in front of major events with price movement range and time.
Heating oil, the euro, gold … all three markets are sitting at key support levels and it’s the turnaround I am looking for. Heating oil adds an extra element: What do you do and how do you trade a market that has just broken a trend?
In this market, you either have to anticipate sector rotation, or stick to stocks that don’t even play that game.
The Aussie and gold are new entries. Euro has fired off a long and the index futures are still in mid-tantrum. Here is how I am trading it.
It’s been happening like clockwork nearly every month this year. Let’s take a look at what to expect for Thursday.