On Wednesday (9/21) the Fed will give us its latest opinion on the economy and its decision on interest rates. As always, we should expect market volatility right after the Fed’s news release and during Janet Yellen’s press conference.
All …
The last few days have been incredibly volatile, and the good news is that when volatility increases some trading tactics and price levels become even more reliable.
In fact, in this video I’ll show you a key price level that …
Last Friday GLD bounced of several major support levels including a recent swing low, a long term breakout level, the 100-day moving average, and a momentum level you’ll see in this video.
With 2 months of consolidation on the charts …
Last Friday Janet Yellen simultaneously confused the heck out the markets, while defining how AND when the savvy trader should get positioned to catch the next significant trend!
In this video you’ll discover a simple tactic that enables you to …
Right now it may be hard to imagine something igniting a buying frenzy that causes the U.S. equity markets to melt UP, but it may be coming if this happens.
In recent weeks I’ve discussed how sector rotation has helped, …
In the last 2 days the utilities sector ETF (XLU) has been hit hard, but this should not come as a surprise if you watched my last video.
More importantly, it confirms that there is very important sector rotation occurring …
The recent move to new highs by the S&P 500 was not led by the utilities sector (XLU) which has been one of the leading sectors all year.
In fact, the XLU is now back down under its 50-day moving …
After weeks of choppy to upward action the market just fell out of bed today.
The media will blame the bearish action on Japan’s central bank actions, or weak European markets, or some economic data point. But that’s not the …
A pullback in the market is inevitable, but it’s not certain that it will begin from the market’s current level. Fortunately, the IWM is set up to tell us when the next market pullback will likely begin, and when to …
The stock market is breaking out on many different levels this week. All-time highs in the S&P 500 and the Dow, and year-to-date highs in NASDAQ and the Russell 2000.
The real question is should you chase it? Wait for …