Month: May 2020

It seems since February we move from drama to drama without any peace or grace period from event to event. How do you invest for the future when everything seems so bleak? In my opinion, you turn it all off and look at the price movement. Once you have made your decision and enacted your…

Read the full article

Wow, that was a fantastic month and I would have to do some serious digging in the past, but that might have been the largest up month that I have ever banked. 7% gain in one month is crazy up or down, but since February this is the world we have been living in. When…

Read the full article

Trump will be speaking this afternoon around 3pm about China and possible sanctions. When he opens his mouth about trade, the markets normally do not take it very well.

I like to give those that have a move left at the end of the month a chance to use it before going into the next month. This way you get to save your two moves for the entire month that is about to start. So let’s look at those moves now.

This morning saw an impressive 2% pop to the upside but what did it do the rest of the day? Nothing! Price faded lower the rest of the session and did a dive bomb into the close. As of this moment in time, the Pre-market is down just slightly at .05%. The fade and rapid…

Read the full article

I hope all of you are having a great weekend and can enjoy at least a small gathering with family and friends. We are finally seeing some parts of the country opening and only time will tell if it is a bad thing or a good thing. This week is the last week of May…

Read the full article

Well that felt good to bank that gain this week. What will next week bring? Early reminder, Stock Market is closed Monday.

Is $2944 the level that every technical trader in the world is watching? 7 trading days in the last 18 have been here. The real battle began 5 days ago. Who will win? Buyers or Sellers!

I was hoping that the markets would just be flat to sideways today and it looked like that we might even pull off a gain. Then 3 pm rolled into the pictures and wheels came off. Was it a disaster? No, but it put the worry back on.

Today was about as awesome as it gets. But what I want to make sure you understand is that it takes many days of ups and downs making pivot highs and pivot lows to make a trend. So what we need to see starting tomorrow is follow through to confirm some signals that were fired…

Read the full article