Morning Preview: Is the Sideways Grind Beginning?
The S&P 500 is coming off 5 all-time highs in 5 days, but we may be in for a sideways grind. On Friday, I wrote that the market was ‘feeling’ stretched but sentiment was mixed, which is typically a recipe for a whole lotta nothing in terms of action. I would not be surpised to see […]
Continue Reading -->T3’s Take 3: Bulls go 5 for 5 in All-Time Highs, but the Picture Gets Muddy
1) 5 Days, 5 All-Time Highs For the fifth day in a row, the S&P 500 managed to make a new all-time high, something that hasn’t happened since 1998. The index hit a peak of 2169.05 just after the open before selling off to 2155.79, and closing down 0.1% at 2161.74. Earnings were a culprit. […]
Continue Reading -->Why Swing Traders Should Use Sector Analysis
Market analysis is in important part of our everyday activity. T3 Trained Traders (T3TT) are taught to use our renowned T3 Market Analysis techniques, which advocate a macro-to-micro approach. This means analyzing the market and internals first, then doing the same with the diverse sectors contained in your universe, and ultimately performing the same analysis on individual […]
Continue Reading -->Building Confidence as a Trader
Your level of confidence (not arrogance) as a trader will have a huge positive impact on your success. The more confident you are, the less time you will spend on second guessing your decisions. The more confident you are, the more positive energy you will focus toward your desired outcome. Confidence is based on two […]
Continue Reading -->Morning Call Express: Getting Ready for Monthly Options Expiration
In Today’s Morning Call Express, Jeff Cooper of the Daily Market Report breaks down the technical picture, including why traders may want to stay on guard. Click here to read more about how Jeff is crushing the market with the Daily Market Report.
Continue Reading -->What’s Happening: Tragedy Strikes France
European stocks are taking a hit following the tragic terror attack in Nice, France. Travel stocks are notably weak. However, there isn’t much of a flight to safety. European 2 and 10-year yields are up again today, gold is flat, and the yen is down. UK constructuion fell -2.1% in May, missing by a mile, […]
Continue Reading -->Jeff Cooper: Is This the Pinocchio Market?
Follow Jeff Cooper on Twitter: @JeffCooperLive Today is monthly options expiration, and Fridays in a bull run usually close at their highs. However, based on many measures multi-year extremes in bullish sentiment equal to the extremes of tops over the last 3 years the SPX may carve out a relatively quiet day. Additionally, the futures ran […]
Continue Reading -->Daily Recap: Constructive Day, But Waiting for The Earnings
Scott Redler, Chief Strategic Officer of T3 Live and T3 Trading Group, LLC. hosts the Daily Recap for Wednesday, July 13, 2016, sharing trading ideas, his personal point of view about today’s market activity as well as analyzing stock charts and indices he and traders from the T3 Live community are actively watching together with […]
Continue Reading -->Morning Call Express: A Breather
Scott Redler, Chief Strategic Officer of T3 Live hosts the Morning Call Express for Wednesday, July 13, 2016. This morning we see mixed markets around the World. Market participants have one eye on the Federal Reserve Beige Book, due after the European session closes, as well as tomorrow’s BOE meeting, with reports it may launch […]
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