Author: Scott Hoffman

There wasn’t much news overnight. BOJ officials made positive comments on the Dollar, but currencies aren’t doing much.  Russia announces it will postpone the gold sales it had announced earlier.  This...

I’ve been getting spam from some guy who has a system for trading using “correlation”.  I don’t know what his system involves, but there are interesting correlations in the markets; a correlation led...

As I said in yesterday’s Breakout Futures Trading webinar, yesterday was slim for breakout candidates. My breakout setups and patterns are based on volatility and trading range contractions, and there weren’t many...

Let’s see. Bernanke is speaking this morning, Microsoft releases Q3 earnings, and existing home sales are all due this morning.  It’s expected that the Nov 30th deadline for the first time homebuyer credit will...

Stocks are about unchanged.  There was some overnight follow through selling last night, but they’ve since recovered.  Yesterday’s stock selloff cam amid concerns about the health of the financial...

Tomorrow, October 22, at 3:30 PM Central Time, I will be doing a web seminar covering the Breakout Futures Trading Method and the Trade or Fade futures advisory.  You’ll learn the setup patterns shown in the Breakout...

The NZ Central Bank raised rates overnight. More importantly, BoE Governor King said “it would be wise to take account of the prospect of rising borrowing costs”.  This is telling the UK to be ready for rate...

I wrote about gold futures a few days ago (read the post here).  It had the rally I was looking for; let’s revisit it to see what may be coming. I circled Friday’s bar.  It was a narrow range day and a...