Data released today (Thursday) shows that consumers in the Eurozone are growing ever-more uncomfortable, as shown on the graph below. Since Consumer Confidence is a “leading indicator of consumer spending, which accounts...
Read More$SPY opening lower followed by US data showing that Initial claims for state unemployment benefits rose 4,000 to a seasonally adjusted 372,000, the Labor Department said on Thursday. That was the highest level in five weeks....
Read MorePre-market update (updated 8:30am eastern): European markets are mixed in their trading. Asian markets were +0.5% higher. US futures are slightly lower ahead of the opening bell. Economic reports due out (all times are eastern):...
Read MoreThe Chart of the Day… Just a very interesting chart on the S&P 500 over a bunch of years that I found on SocialTrade.com Quick Glance at the Market Heat Map and Industries Notables: Big names in Tech still causing...
Read MoreAbout an hour ago I saw the inverted head and shoulder pattern and tweetd about it here is what I said “$SPY let em get your attention, by mentioning this invert. h&s that could be happening here. http://fsc.bz/OZo...
Read MoreThis might be the first time that I’ve gotten into both of the trades the same day of the Lazy Trade release. Both Alexion Pharmaceuticals (ALXN) and Sanderson Farms (SAFM) are excellent trade setups. The former though...
Read More$SPY slowly making news lows, as we ran out of news, but some with hope that the Fed Minutes that are coming out later today, will serve as a catalyst to support our latest Speedy Gonzales run. The thing that most people tend to...
Read MoreGreat trade setup this morning, compliments of @thetradingwife via the SharePlanner Pro Trading Platform this morning. There’s a clear resistance area that the stock has managed to break through this morning and you can...
Read More$SPY opening lower as we may have reached a short term top on the $SPY like I explained yesterday. My August 21st Morning update, was the key to understand why we sold off so hard yesterday as I briefly describe over here....
Read MorePre-market update (updated 8:30am eastern): European markets are trading -1.1% lower. Asian markets were off -0.7%.. US futures are slightly lower ahead of the opening bell. Economic reports due out (all times are eastern): MBA...
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