Deep dive into this week’s what-to-watch list
It’s not just the symbols we are focused on but the overall sentiment in the market, coupled with events that could upset the trends, or correct them, as we look for our next round of trades.
It’s not just the symbols we are focused on but the overall sentiment in the market, coupled with events that could upset the trends, or correct them, as we look for our next round of trades.
Natural gas following through to the upside reminds us the value of scaling in and scaling out.
Taper is coming. Powell is keeping the message clear, incremental, and probably waiting NFP for more specific timing. Regardless, equities look bullish going into September.
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.
Most of the time when traders review a chart the primary consideration is direction. It’s the obvious question as we’re all curious, “where are we going”? While knowing this can be helpful, the strategy we choose to apply will often have a bigger impact on profitability.