Is the 18-Year Cycle Giving Traders Whiplash?
Is this a bullish Backtest or a bearish Bouceback?Was yesterday’s pullback to the 50 day and a 505 retrace a bullish backtest?Given the underlying strength in many leadership names that were shrugging off Tuesday’s decline that may be the case.The bear case is a bearish bounce back that may even see a false breakout to […]
Continue Reading -->Will the SPX Gap & Go Down?
This morning’s report noted that the last two weeks were the tightest SPX ranges of the year. These contractions in volatility usually see an expansion in volatility within days. Since this contraction has played out on the weeklies and is two weeks in the making, the ensuing break, one way or the other, should be big. The end […]
Continue Reading -->How to Spot a Buying Climax in Oil
Last week we said OLED may be turning the corner.These were the two tells:1) The large range outside up day on 5/4.2) The stab down on 5/18 that failed to see downside follow through.The 5/18 sell-off tested the 20 day and turned up but there was no momentum.However, on Friday, OLED left a little stealth […]
Continue Reading -->OLED’s Stealthy Move Rewards Bottom Fishers
The dollar pushed higher last week, taking a toll on crude oil and all energy-related names.Oil’s gusher hit a brick wall at our forecasted $73 square-out, which vibrates off oil’s all-time high.Key support in oil is near $65 and oil looks set to test this area early this week.Last week, we flagged multiple sell signals […]
Continue Reading -->What Is the Message of Stocks, Gold, and Oil Right Now?
“The loss of the money didn’t bother me. Whenever I have lost money in the stock market I have always considered that I have learned something; that if I have lost money I have gained experience, so that the money really went for a tuition fee. A man has to have experience and he has […]
Continue Reading -->How to Get a Month’s Worth of Movement in 30 Minutes or Less
Sami Abusaad | Black RoomSami Abusaad plays a lot of strategies, but he focuses his intraday trading around gaps. Why? Because when a stock gaps, it can give you a month’s worth of a move in 30 minutes or less. See how Sami uses gaps to read the psychology of other traders, and determine whether […]
Continue Reading -->How to Spot the Best Stock Market Tell in the World
Jeff Cooper’s Daily Market Report Using CRSP as an example, Jeff Cooper shows you the “best tell in the world,” which can only be spotted at the end of the day. Jeff learned this unique lesson from the legendary Jesse Livermore, and now it’s all yours.Get Jeff’s all-new home-study course Hit & Run Trading 2.0 […]
Continue Reading -->The Power of Holding in a Trend | Ryan Tonking | Black Room
Ryan Tonking | Black RoomHave you ever cut your profits short? If we’re being honest, it would be hard for anyone to say no. In today’s Black Room lesson Ryan discusses a process and mindset for holding good trades longer. Capturing bigger profits when the trend is strong is the elusive Holy Grail.Take good notes […]
Continue Reading -->The SPX May Be Running Out of Time, Based on the Charts
Jeff Cooper’s Daily Market Report Following up today’s video on IWM/RUT, Jeff argues that the SPX may be running out of time. See the pattern on the weekly chart that indicates a possible “A B C corrective pattern.”Get Jeff’s all-new home-study course Hit & Run Trading 2.0 for free when you start a 30 day […]
Continue Reading -->Why the Red Hot Russell May Have Hit a Final Top
Jeff Cooper’s Daily Market Report Yesterday, IWM left “combo sell signals” after hitting an all-time high. Jeff presents the evidence that the Russell may have put in a key reversal, signaling a possible final top.Get Jeff’s all-new home-study course Hit & Run Trading 2.0 for free when you start a 30 day trial for just […]
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