Follow the Leader
When there is a disconnect in the market — not usual when rebalancing into the new month and new quarter occurs — what do you follow?
When there is a disconnect in the market — not usual when rebalancing into the new month and new quarter occurs — what do you follow?
End of month rebalancing starts 8 days before the end of the month, with the most impact 3 days before the end of the month. We’re daytrading through but what are the nuances of this environment? How do we daytrade price action?
Stocks continue trading in a volatile range and I find it helpful now more than ever to focus more on setups, and less on predictions. Tonight’s free video looks at two of these technical trades in diverse products.
Buyers caught a breath of fresh air this week and now everyone wants to know if it’s the bottom, or where we can get short. Ultimately we need to be flexible and trade what’s in front of us. Here’s my take on what that looks like.
Today was a day that the Japanese yen told one story while the indices told another. And this will happen, we play probabilities not certainties. I will not deviate from my process but that didn’t keep me from some yen buys with contrast. Here’s how that looked today.
We finally got the stimulus bill done and the market tried to stage a rally. Here’s what is on the radar for next week and the setups that are close to triggering.