This Is Why We Got Bearish On Wednesday And Setup These Trades.
If you know where to look, the market leaves clues…
If you know where to look, the market leaves clues…
This type of day has been, since October, a great opportunity to go shopping. How and why I do that is explained in this video.
Lots to like on a pullback day. Is the uptrend still intact on the daily? YES. Are there buys on days like today? Yes. It’s a blue light special.
In this market, we discuss the continued move higher and what is driving the markets as we continue to hit new all time highs. We discuss what can keep us going and what might derail us.
Despite today’s big breakdown on daily time of the yen futures, the intraday weakness told a story of not just daytrading the yen the short side but to trade the indices to the long side.
The yen told the story, stocks followed its lead. Natty gas bounced into our zone, and JNJ is at a place where we want to buy… all that and more in today’s update.