Author: Scott Hoffman

Overnight ECB President Trichet signaled that the ECB may be ready to end their QE program (or programme if you’re British). Specifically, President Trichet said “any non-standard measure whose continuation would...

I thought I’d follow up on this morning’s post about the breakout sale in the eMinis.  Actually, going back to yesterday, I wrote about one of the bedrock principles of swing trading is discipline-to wait for...

The eMini S&Ps have had a breakout setup for the past two days.  Tuesday was an inside day and had the narrowest range of the previous four days. Yesterday had a slightly bigger range, but was still directionless, as...

Yesterday the St. Louis Fed President Bullard said he thought rates could stay low until 2012. Overnight the Philly fed President Plosser said that the US economy was “on the mend” and that the Fed would...

Today had a breakout setup for the crude oil futures.  That’s not surprising; Wednesdays are the day that the DOE releases the weekly crude oil inventory report.  Crude oil tends to have a directional move after...

Swing trading can be challenging (heck, trading in any timeframe is challenging!).  It takes discipline to wait for the right setups; I’ll often be looking to make one play in a market in a given day.  Day...

This morning I was talking to a client of mine.  He had purchased some December puts on the Eurocurrency earlier this month.  Having ridden out a couple of rallies, we were strategizing as to whether he should sell...

Stocks are a bit lower on profit taking.  We got PPI and industrial production today; neither affected the market much.  CDS prices on Greek sovereign debt are lower today; fears of a fiscal crisis in Greece support...

October retail sales were stronger than expected, but a big downward revision to the Sept. number takes that away.  The Empire state survey was weaker than expected.  Lowe’s gave bullish guidance; Warren Buffett...

I labeled soybean futures as a Taylor “Sell Short Day’ today.  The sell short day occurs at the end of a rally.  It’s the day where the excess high occurs, as the last bulls buy; the end of their...