Author: Scott Hoffman

Yesterday I wrote about the Sell short signal in the eMini S&Ps; if you missed that sale there was an opportunity to get short today. Below is the daily chart for March eMini SP futures.  Yesterday a mid session selloff...

Overnight, Chinese bank officials raised their banks’ reserve requirements by 0.5% in an effort to head off inflation and reel in bank lending.  Recent signs of increasing economic growth are raising inflation...

The start of 2010 has seen a big rally in stocks ( the rally actually started on New Year’s Eve.)  Through Friday the SP futures had five sessions of bullish price action – both higher closes and bullish...

Lots of strong economic news from China overnight is raising optimism about global economic growth, which is weighing on the Dollar in turn.  The weak dollar is stoking rallies in a number of commodities.  Gold was...

Recently I’ve written about silver futures (in the blog here) and soybean futures (in the nightly STI trade setups email, email me:  shoffman at danielstrading.com for a trial).  Both are still interesting...

I do a lot of web seminars and other presentations for traders; so I’m always trying to improve my communication.  I’m currently reading a book called Presentation Zen by Garr Reynolds.  (Here’s a...

The December employment report was disappointing; higher job losses than expected. Hiring is weak; the drop in labor force participation is obscuring the weakness. A slight upward revision to Nov. NFP to a small gain is small...

The gold market gets more press than silver, but the silver futures chart looks better than gold’s today. The daily chart for March Silver futures is below.  I’ve been watching two resistance points; the Dec. 16...

In last night’s Swing Trader’s Insight newsletter (sign up for a two week trial here) I labeled today a “Buy day” for British Pound futures according to the Taylor Technique.  Cable has had intraday...

This morning we had conflicts reports on the economy.  The Challenger report showed labor market improvement in December, while the ADP report showed a loss of 84K.  The chatter has been that Dec. NFP may be as good as...