Trading sideways, not fun. Let’s go lower!
This week is a test to see if we don’t re-test the lows from last week. If the market stays where it’s at, there’s a solid argument for holding and finding a base.
Archives: Daily Videos
Another Significant Pullback? Here are the signs…
In today’s video I walk through a short idea for IYT and MSFT heading into October. I also give a broad outlook on where I think it makes the most sense to be trading into the middle of the week.
Bonds setup for an active economic calendar
This week has plenty of Fedspeak as well as GDP and PCE hot zones — so plenty of reason to be cautious. That said, there is a nice fade buy setting up in bonds.
US dollar, Bonds, Gold, and more…
An active calendar has certain markets in play and with some clear patterns setting up, we will dive into these potential trades in this update.
Beast Of Burden
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
No Rain
Stocks managed to dodge bullets this week and closed strongly. Will this continue? Seems unlikely without some volatile chop first as the risk signals from last week’s video remain active. However, there are some good looking setups to review.
Where’s the support now?
As we trade into the end-of-month historical “redemption window”, the weakness this week told us a lot about where buyers are seeing a buyable discount in this market.
Setting up for next week
Keeping it nimble and short-term will continue to be a good strategy as we head into the end of month recalibrations.
Update on RBLX. 9/27/2021
RBLX has had a nice bump lately, but is now getting into resistance, so be a cautious bull.