Machinehead
Next week is Fed decision and going into it we see a three-pronged risk monster hiding under the bed. Let’s review the signals.
Next week is Fed decision and going into it we see a three-pronged risk monster hiding under the bed. Let’s review the signals.
The S&P has had an interesting calendar cycle between pullbacks and follow-through, so here’s how it is setting up in front of next week’s Federal Reserve event.
Here’s the four-day box setup in natty, what I am waiting on in crude oil, and how I will trade gold on Monday.
We’ve covered ITB in the past but there’s a few things I’d like to add to the current chart that may be helpful into the end of the month. We’ll look at that, along with signals inside key components that should mimic the ETF’s direction.
As markets drift through expiration focus is quickly beginning to shift into next week. Seasonality tells us the potential for a serious correction is there, meanwhile some of our most critical leadership stocks are starting to show up. Let’s cover both sides of the coin and strategies we can apply for each.
Trading lingo can be dizzying… in this discussion we dive into when to fade buy versus dip buy and why the environment for the setup is everything.
As we head further into the Fall trading season, the question is when will the Federal Reserve begin taper and what are the signals for a trend reversal? I explain that and more in this update.
Knowing the way in which the copper and crude oil market is one way to see risk appetite. We can also look at the sectors and whether rotation or participation is giving us insight into the indices.
Bought the dip; what’s next? Targets of course. Great entries without smart targets can become losses. Here’s how to avoid that.
In this video, we look at today’s rip higher in the indices after a week of selling. Are we back to Buy the Dip or is this a head fake?