Waiting on Pullbacks.
Long bonds, copper, gold, silver, and dollars continue to work as long as we enter at the best risk/reward levels and that’s a pullback. I also walk through what the plan is now with crude oil.
Long bonds, copper, gold, silver, and dollars continue to work as long as we enter at the best risk/reward levels and that’s a pullback. I also walk through what the plan is now with crude oil.
Wrapping up the week: What is working? How are aggro levels responding and what is the ideal time to step in with a futures option when the market retraces?
“I like to wake up early because I think the worst thing a trader can do is spend the morning just warming up” — here’s how to see trades before the bell.
Indexes are a bit extended as of Friday’s close, but that argument has been going around for awhile and we haven’t seen much of a decline. I don’t think we need to buy SPY, but I do have 2 fresh names I’ll be looking to put cash into on Monday.
I had quite a few positions heading into Friday’s close, and therefore quite a few decisions to make. In tonight’s video, I spend some time breaking down the last 30 minutes of the day, where to bail, where to add, and where holding tight may be the best bet.
Bonds, gold, and silver are on the move, here’s how I am playing it.