Are we back in Buy the Dip mode?
In this video, we look at the big rip higher we have had after the last couple weeks big sell-off. Is this going to continue and what do we need to watch to give us clues?
Archives: Daily Videos
What to expect when you are expecting bad CPI numbers
To access this content, you must purchase Bruce’s Income Accumulation System (Monthly), or log in if you are a member.
What to expect when you are expecting bad CPI numbers
After a ripping rally over the last couple days, we have to wonder if the critical CPI numbers tomorrow are already priced into the market. In this video, we consider what if the numbers are good or what if they are bad? How might the market react to the news and what to look for afterwards?
CPI will tell us what comes next
With the NASDAQ and Russell still in bearish trends, and the S&P and Dow potentially overbought, it’s the CPI and a possible 1/2 point rate hike that will be the deciding factor. While only a 25% possibility at the moment, where that likelihood is after CPI will be the catalyst for the next move in the indices. I also discuss trigger levels in crude oil, bonds, and gold in this update.
Preparing for the Inflation Data Tomorrow
Tomorrow morning we will see what I believe to be the most important CPI report of recent record. In tonight’s video I want to lay out a plan for the market’s response to that report and precisely how I would like to trade it.
Tractor-beam Activated
To access this content, you must purchase Voodoo Mastery (Quarterly), or log in if you are a member.
Dips Happen: Trend corrections in play
Corn and Soybeans will be in play this week and both have strong uptrend we can buy into. Crude oil pulled back and this put it, gasoline, and oil stock in play for a buy the dip. NASDAQ and Russell are two great “double red” downtrends on our TOPS layout and the rips are nearly ready to be shorted. Euro has triggered and followed through I explain the simple pattern that confirmed. Lots to talk about in this update.
Bulls Again—One Leg Higher?
Bulls had a strong showing on Tuesday and it’s a move that has at least one more leg higher. We’ll measure that move in tonight’s review, look at the plan against it for tomorrow, and update the latest on a few of my favorite stocks.
How and Where to Short the Rip
On up days like today we can look at downtrends that are correcting/bouncing, aka “the rip” that we want to short. However this is not valid in all indices, sectors, and stocks… we need to start with STRUCTURE. In this update I show you what (free) tools I use as well as how to know where and when to short the rip in the downtrends of this current environment.
The 3 Best Charts
Of the charts I’ve reviewed this week, there’s 3 that stood out for some of their technical qualities and I want to keep a close eye on them for 3 different kinds of trade opportunities.