XLY is a key component of SPY and we started to see a bit of weakness in that sector today. I don’t know if it will turn into anything bigger, but it’s worth keeping an eye on.
Tuesday brought a soft session for stock indexes while names like TSLA paved the way higher. I feel there’s a small chance we’re starting to see signs of a break, but these are the decisions I’m making, one session at a time.
Trading the morning is my favorite and most effective approach to daytrading stock index futures and even stocks and ETFs. Here are the trades from this morning and what you can apply to your daytrades tomorrow.
Crude, natty gas, soybeans, gold, bonds, and more. Here’s where we are as the markets continue to deal with conflicting reports about the trade war.
I never would have taken this trade had he not pointed it out…
While both sectors look good, let’s take a closer look under the hood to decide on a strategy.
It’s all about market phases/trends and relative outperformace, and in this video I walk you through what is shaping up as we kick off a new week.
