On Demand

Trading Commentaries

Showing Commentaries 81 - 90 out of 104 found.

Has Gold Lost Its Shine?

Has Gold Lost Its Shine?

Beginning in January from below $1100/oz, gold started off the year with a big rally.  The shiny metal was challenging $1300/oz coming into the month of May, up nearly 20%.  As we leave May behind however, gold has dropped $100/oz from the highs early this month and is now threatening a breach of $1200/oz.  So has gold lost its shine?  A look at the volume-at-price analysis would suggest so....

Continue Reading

Going Higher - The Energy Report 05/31/16

Going Higher - The Energy Report 05/31/16

More bulls are getting on the crude oil bandwagon as it is clear that the path to market balance is getting closer every day. Investment banks surveyed by The Wall Street Journal hiked their price forecast for the third consecutive month this May, predicting that Brent crude, the international benchmark, will average $43 a barrel in 2016. That's up $2 from April's survey. The survey of 13...

Continue Reading

Welcome To June The “Baddest” Month?

Welcome To June The “Baddest” Month?

Welcome To June The “Baddest” Month? Convention, tradition, or established patterns are not things the market truly honors. Sure, there are times when those three things come into play, but you can never … rather, you should never count on them.  - Stocks entered the final trading day of May with solid gains across the U.S. and Europe for the month, supported by a 5 percent jump in the oil...

Continue Reading

How To Locate Trades: Trading Market Structure

How To Locate Trades: Trading Market Structure

Markets put in key levels of support and resistance, which can then be traded if the market revisits the area and the price and volume action are right.  We have examples on this recent 5-minute chart of the S&P e-minis. The previous day sold off strongly, closing on the lows.  Yesterday’s low is marked by the dashed green line.  It’s a key level.  Although the market had traded off this...

Continue Reading

Netflix On The Verge Of A Major Move

Netflix On The Verge Of A Major Move

Netflix might be making a sizable triangle of some kind. Be patient on this “buy low, sell high monster”. There’s some obvious lower highs coming in. NFLX is interacting with the 200 SMA on a daily chart. See Figure 1 below.     Understanding the gaps and daily chart let me into this weekly bear call spread.    From here, I don’t know for sure if NFLX rolls over and bounces, But if it does,...

Continue Reading

Markets Are Getting That Overbought Look Again

Markets Are Getting That Overbought Look Again

After the best performance in a couple of months, markets are back to an overbought look on several indicators, and that may send diverging messages.  No doubt the price action was very bullish, rising three of five days coming off a very good finish the prior week and breaking significant support as well.  It appears that support at 2040 on the SPX 500 was to be tested and happened when the...

Continue Reading

Sell Signal For US Stocks: Rough Week Ahead

Sell Signal For US Stocks: Rough Week Ahead

While the eighth year of a Presidential term calls for a rally from mid-May to early/mid-June, it doesn’t promise to be straight up. This week looks set to see a correction downward against the bigger trend. The McClellan Oscillator’s dip below -150 and the lower Bollinger Band on 5/19/16 (the one-year anniversary of the top of the bull market in the Dow) marked the low of the recent...

Continue Reading

A Rising Tide, Money Flow, And Discount Bonanza

A Rising Tide, Money Flow, And Discount Bonanza

So much to say and so little space as the SPX looks to crossing the 2100 line… - Portugal just ran for four straight days entirely on renewable energy. Yep, the renewable energy sector is a place to find opportunity. Expect big money to increase its flow into this sector for some time to come. - General Electric has announced it will partner with the kingdom in investing as much as $3...

Continue Reading

Crude Oil: Should You Hold Your Position Into The Holiday Weekend?

Crude Oil: Should You Hold Your Position Into The Holiday Weekend?

July Crude Oil made another new high for the move today (Thursday, May 26th) trading to 50.21 just before the US open. This is another new high for the year and Crude Oil is at a level not seen since October 2015. Follow through buying from the EIA report yesterday and another disruption in Nigeria set the early tone.   The recent EIA report showed crude inventories declining by 4.22 million...

Continue Reading

Low Volatility Can Be Tough For Bulls and Bears

Low Volatility Can Be Tough For Bulls and Bears

Markets have been under the guise of low volatility as seen in the VIX since this gauge started trending down in early February, and once it broke the 200 ma (see the chart) it has been grinding between 12 and 16.5.  That is somewhat normal around this time period, and we have seen spikes in volatility sold off before the end of the trading session (noted on the chart).  Usually, low...

Continue Reading
    3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11    
Membership is Free. Join Now in less than 5 seconds! Alternatively Join or Sign In here.