That’s the watchlist. We have current open trades in the aussie and kiwi, crude oil is getting very close, the Nasdaq is open into the Asian session, and the New Zealand dollar could offer a second chance entry … oh, and a little Bitcoin thrown in there for good measure. Enjoy! The Spreadsheet of Trades … Read more
How do we tell if today’s down move in tech was the start of a new trend down, or the buying opportunity of the week?
The calendar and events are dictating our watchlist this week. I have the S&P, crude oil, heating oil, euro, aussie, and more ready to fire. Here’s how the next few days will play out. The Spreadsheet of Trades The current book of trades has kept us in trade management mode for a couple days. The … Read more
While stocks continue their run higher amid continuing skepticism, this sector is starting a fresh run to the upside that is just getting started.
Powell, Poloz, Carney, Yellen. The economic calendar is stacked with central bank events and while none are rate decisions, they are market movers. Powell and Yellen could also give us our next YM, ES, and NQ buys. OPEC meets this Wednesday and I am ready to get another round of CL and HO buys on … Read more
With Thanksgiving behind us and the end of the year on my mind, it seems fitting to review some of the bigger trends we’re starting to see unfold. Some of these ideas should be good for 12 months, some closer to 3, but I think we’ll be able to make money in both timelines.