Author: Scott Hoffman

I wasn’t really happy with myself when I wrote this morning’s Swing Trader’s Insight Watch List.  After two volatile days I wasn’t really sure about where some of the markets were going, and I like...

In this morning’s Swing Trader’s Insight Morning Watch List I commented that this morning’s USDA report was deemed bullish and the grain futures were expected to open sharply higher as a result. As I’ve...

Stocks are seeing a strong recovery rally from a reported meeting between Sarkozy and Merkel about the EU sovereign debt crisis.  See my note below about this morning’s USDA report.  EIA releases weekly natural...

The Euro currency futures had a breakout setup today; yesterday was an inside day and had the narrowest trading range of the previous four sessions.  When a market has a breakout setup we anticipate that the market will see...

Yesterday’s FOMC induced rally turned into today’s “worries about France” selloff.  It’s times like this that I have a hard time trading off fundamentals.  Markets are emotional (more so...

Previously I’ve commented that I like trading the grain futures markets because they have an old fashioned pit open at 9:30 AM so there’s time to look for setups and prepare for trades before the open and the second...

Markets stabilized overnight.  There wasn’t any real catalyst to the recovery; it looks like the selling has exhausted itself for the time being.  Eurozone debt spreads narrowed in today.  Chinese CPI came...

In the post earlier today I wrote about dealing with opening gaps.  Today’s action in gold futures was an example of trading a “gap and go”; a trade where a market gaps open then continues in the direction...

With the longer trading hours associated with electronic trading there are fewer opening gaps than when we had shorter pit trading hours.  This makes for better risk management as it lessens the chance of markets gapping...

S&P’s downgrade of US debt was countered by lots of talk from G-7 about coordinated efforts to stabilize the situation.  That’s all that was though, just talk.  Of more significance was the ECB’s...