I know – the travesty in not doing the typical “Evening Tape” format! Tonight I decided to do a market vid, and discuss the general market whereabouts, including a disecting Gold (GLD), Silver (SLV), Urban...
Read MoreFurther to my posts of July 16th and July 17th, here’s how the current 3 days/candle closed today on the Major Indices. On the 4 equity indices, we need to see further strength enter on the Nasdaq 100 and the Russell 2000...
Read More$SPY trying it’s best to touch 136.77 R3, I personally think it still can make it by the end of the day, but what an amazing run today. My only concern is that we may gap up tomorrow, and sell depending how high we gap,...
Read MoreThanks to the discovery by @thetradingwife, I ended up taking a long position in Priceline (PCLN) and now I’m forever cursed the rest of the day with the “Price.Line.Neg-o-ti-a-tor!” theme song. The two things...
Read More$SPY doing a similar pattern as yesterday. I just too $CAT long @ 80.29. Stock spiked, and I set my stop @ b/e now. Maybe I should have taken it out, but giving the market the benefit of the doubt. As long as $SPY can stay above...
Read MoreCould it be? Yes, I’m considering a comeback of the old school long and short setup that I’d give out daily regardless of the conditions of the market. I’ve received a number of requests over recent weeks from...
Read MorePre-market update (updated 8:30am eastern): European markets are trading in a wide range from -0.3% up to +0.7%. Asian markets traded in a wide range from -0.4% up to 1.8%. US Markets are moderately higher ahead of the open....
Read More$SPY opening higher dues to some modest news coming out of Europe, and Goldman Sachs $GS blowing out the doors on the earnings. Notice that even though we are in a tight range lately the market still is slowly climbing up as we...
Read MoreThe Chart of the Day… From SocialTrade.com – if you haven’t checked it out yet – its definitely a cool site to visit. Quick Glance at the Market Heat Map and Industries Notables: The market made a nice...
Read MoreThe market closed flat again while bonds once again rallied to levels last seen was SPY was near its lows. Since the June lows stocks have rallied 8% to its highs and is now sitting 6% off its lows. Yet bonds are now at the...
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