Stocks are higher, recovering from Friday’s selloff. There’s not really much news behind the rally; it’s mostly due to optimism about the rest of the earnings season. Fed Chairman Bernanke is giving...
Read MoreGold futures have been on a tear lately, having rallied nearly 9 percent in the past two weeks. This rally has seen intensifying media coverage and interest among traders. What’s the market telling us now?...
Read MoreStocks are lower; Bank of America’s earnings ate weighing on equities. B of A posted a $1 bln. loss, they reported that consumer woes continue. GE’s earnings were weak as well, mostly due to weakness at...
Read MoreIn the FT today; an official from the BOE said that their QE may end next month, as the asset purchase program is having the scale and speed of impact they had hoped for. This is really pushing up Sterling, bringing the...
Read MoreWe got good earnings reports from Intel, JP Morgan, and CSX. CSX had upbeat comments-it’s good to hear a transportation company sound optimistic. Overnight there were a number of bullish economic reports from...
Read MoreI’m a passionate believer that more active stock traders should consider trading in the futures markets (if it’s suitable, they have the risk tolerance, and they have enough knowledge). Futures offer trading...
Read MoreThe dollar is lower today; there wasn’t any top tier news behind the move. ECB president Trichet made comments about the dollar’s weakness and unruly currency markets, but his remarks were shrugged off. ...
Read MoreI’m doing a webinar on swing trading in the futures markets tomorrow at 3:30 PM Central. You’ll learn the patterns and indicators I use for my Swing Trader’s Insight service. You’ll then see...
Read MoreIt’s Columbus Day and thanksgiving in Canada, so trading may be thin. Stocks are higher and the Dollar is lower. I don’t know which is leading which; they’re two sides of the same coin these...
Read MoreMuch of the difficulty with trading is psychological. Trading doesn’t have the same set of rewards and punishments as many other endeavors. For example, there’s not necessarily a positive correlation...
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