Don’t fall asleep with this market.
In this video, we talk about the compression building up for a potential big move. Which way will it go?
In this video, we talk about the compression building up for a potential big move. Which way will it go?
The market is always shifting with near-term momentum and sentiment. Attention on the FOMC Minutes was intense and certain names showed their relative out-performance. These are the opportunities I wait for… here’s what popped up on my Radar.
The next round of energy trades will be relative out-performers to the downside in XLE and OIH while RBOB Gas has better structure than crude oil. Bonds and metals are also in focus in this video, as well as the IYT, to get a jump on the fresh downtrend in the Dow.
This is the main chart you want to watch for a potential death roll.
It’s the most commonly asked question that I get: Where is the market headed? Back in the 1880’s, Charles Dow explained how market psychology and price action intersect. With that, we look at the current markets and what the expected path is for the S&P, NASDAQ, Dow, and Russell.