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Despite rising interest rates (which you’d assume is great for banks, but the economy is heading for such a catastrophe, even that isn’t helping), the SPDR S&P Bank ETF (NYSE:KBE) has broken through...
I think my Virtual Trading Equity Curve pretty much tells the story: I peaked on March 14th and am down 70% since then (or about $400 billion). Hey, easy come, easy go. At least it’s fake!...
The S&P500 Emini futures is in a strong bull trend and it should trade higher next week. It might even accelerate up next week. Since the buy climax is extreme, there is a 50% chance of a 10 – 20%...
Overview After a confused and volatile reaction to the Federal Reserve Chairman Powell's formal adoption of an average inflation target, it took Asian and European traders to embrace the signal and...
The Emini had a streak of 9 consecutive bull bars that ended this week. Traders should expect a 10% correction to begin by the end of the month. Bond Futures are correcting down from a Spike and...
Market Overview: Weekend Market Update Originally published April 18, 2020 The Emini has rallied strongly for 4 weeks. The bulls are trying to reach the February close to erase the entire March...
welcome to a new week, and a new month. If I was going to summarize my entire disposition toward my portfolio, it would be “Probably going to suffer a bit, but generally holding fast.” In...
In a week of dull trading, the stock market continued its upsurge, with the market focusing on positive news about the trade war, as I pointed out in the latest Market Week show. The S&P 500 (SPX)...
The USD maintains a bullish outlook this week, invigorated by the improvement of fundamentals. The Aussie has attracted even stronger bids though. Would you like to find out all the details to...
Market Overview: The emini daily chart has rallied for five weeks in a parabolic wedge buy climax. It is now in a resistance zone. Traders are deciding whether there will be one more small leg up...
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