Markets In Transition – Economies Too?
I fully understand today’s trading mantra of ” I don’t care!” It makes total sense if you are just trading the number according to what your signal generator is telling you. However, it can become a nagging problem when the trader in you surfaces and begins to haunt the thought process by questioning the “Who, […]
Continue readingHappy New Year…Are We There Yet?
The first trading day of 2016 produced an awesome volatile day with many “decoupling’s” taking place. The finish of one year and the start of the new year often produce numerous “decouplings” as money begins to shift strategy. China got things going coming into Monday morning with the major equity exchanges shutting down after dropping […]
Continue readingLogical Market Update: From That to This & This…
From that to this & this… For most of this week the best trading has taken place within the first couple of hours of U.S. trading. But it appears that once lunchtime rolls through the East and Central time zones volume does a vanishing act. Which often leaves computers with nothing to do but switch […]
Continue readingLogical Market Update: Day Two – Bulls Attempt to Stage a Comeback
Day Two and the Bulls Attempt to Stage a Comeback – Gold Stocks Back on the Radar – Time to Begin Buying? The markets followed through on Tuesday’s selling finishing what I’m considering the initial (first) leg down. Interestingly though, when the bulls moved in to stage their comeback, the volatility indexes were first on […]
Continue readingLogical Market Update: Morgan Stanley’s Selling What? NYSE Margin Debt & S&P 500 All Time Highs
Second Verse Same As the First: Morgan Stanley Pushing Non-Prime Fund to European Investors – NYSE Margin Debt and S&P 500 All Time Highs To say that people learn from their mistakes is a fabrication. Seems that several of the TBTF banks have decided to repackage their sub-prime mortgages and ship them off to Europe […]
Continue readingLogical Market Update: Market Update FED Comment – Much Ado About Nothing
Market Update: FED Comment – Much Ado About Nothing – Produces Numerous Trading Opportunities – MasterCard and Visa Swiped by Fed Judge Wednesday was a traders dream type of day. There were plentiful opportunities across the board in equities, treasuries, precious metals, and commodities. Volumes increased which increased price volatility and velocity. Today’s action […]
Continue readingLogical Signals Update: 10-Year Note & 30- Year Bond Update
10-Year Note & 30-Year Bond Update, U.S. Dollar Caught between Rock and Hard Place Treasuries were looking to hang the early rally attempts on Tuesday, albeit small attempts, on a positive result from the Consumer Confidence Index, which was released. The index fell in July from a five year high and the drop of 2.2 […]
Continue readingLogical Market Update: Near Term Outlook for Russell 2000 – Rallies Pick Up AfterHours – Dollar Crumbles
Near Term Outlook for Russell 2000 – Afterhours Madness – Broader Indexes, Bonds, Precious Metals Soar – Dollar Crumbles – The Power of the FED? The broader indexes took off with a vengeance after hours on Wednesday. As I sit down to write this blog the DJIA future is up 113, the S&P 500 future […]
Continue readingLogical Market Update: Deja Vu of 2008 – Thursday Was Day Traders Dream – Long Bond Holders Bound in Nightmare!
It Felt Like 2008 Again – Thursday Was Amazing – Day Traders Dream – Long Bond Holders Still Trying to Wake Up From the Nightmare! If I thought Wednesday night into Thursday morning was an “Everything Must Go Sale” – Thursday’s U.S. sessions proved to be what I call a “Billy Graham Sell-Off”. All […]
Continue readingLogical Market Update: The Decline is in Full Force – Precious Metals Slide Lower – $/Euro Crushed – Bonds Are For Sale!
The Decline is Again in Full Force – Precious Metals Slide Lower – Dollar/Euro is Crushed – Bonds Are For Sale and Nobody Wants Them Fed Chairman Bernanke came he saw, he spoke, and the markets began to slide. When Asia and then Europe took over the selling spread more heavily to the Euro, […]
Continue readingLogical Market Update: When the FOMC Speaks – the Markets Will Respond – Is it Time to be Long or Short?
When the FOMC Speaks – the Markets Will Respond – How to Trade the Chop– Is it Time to be Long or Short? So what’s up with the stock market lately – it’s neither bullish nor bearish – but is sure is choppy! It has been a great week for day trading the volatile […]
Continue readingLogical Market Update: ECB Cuts Rates – Euro Sinks – U.S. Futures Perk Up – Stay ALERT!
Intraday Update – ECB cuts rates – the Euro is sliding on Draghi’s post cut comments – The initial reaction from the US futures was higher – those levels were rejected and have been more than halved. Stay alert and nimble — DAY TRADING should be a wild and crazy ride! The Dollar/Euro is first […]
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