Scott Redler’s Chart Attack: SPY, BABA
SPX futures are up 1 point as we lost some momentum last week. SPY gave us a new point of reference at $216.25. A close below there opens the door to $215ish. $218.20ish is resistance. A pop and close above there relieves some pressure. We got bullish on BABA into earnings, playing the stock and […]
Continue Reading -->Scott Redler’s Morning Call Express: Keep Trading
In today’s Morning Call Express, T3’s Scott Redler breaks down the action in SPX and USO, as well as individual names like FB and BABA. Don’t be afraid of forex… Click here to get a FREE introduction to this exciting market…
Continue Reading -->The Morning Hammer: Let’s Eat Some Dove Soup
Traders are buying into the Fed’s hawkish narrative. On Friday, FOMC Chair Janet Yellen very clearly put rate hikes on the table, and market are buying in. Fed Funds futures now imply a 65% chance of a December rate hike, up from 47% a week ago. And September is up to 42% This has gold and […]
Continue Reading -->Rob Smith’s Daily Recap Video: Another Awesome Fed Day
In today’s Daily Recap video, T3’s Rob Smith breaks down the action on a very exciting Fed day.
Continue Reading -->T3’s Take 3: Janet Yellen Sets Off a Rollercoaster
1) Fed Follies: Jackson Hole Edition Traders were looking for a hawkish Yellen and a hawkish Yellen is what they got. At her highly-awaited Jackson Hole speech, Federal Reserve Chair Janet Yellen said that the case for rate hikes “has strengthened in recent months,” echoing recent hawkish comments from other Fed officials. Initially, the market […]
Continue Reading -->Gold Screams Afters Yellen Fails to Move the Needle
Traders were looking for a hawkish Yellen and a hawkish Yellen is what they got. At her highly-awaited Jackson Hole speech, FOMC Chair Janet Yellen said that the case for rate hikes “has strengthened in recent months,” echoing recent hawkish comments from other Fed officials. Initially, the market moved as we expected — the US […]
Continue Reading -->Jeff Cooper’s Morning Call Express Video
In today’s Morning Call Express video, T3 Live’s Jeff Cooper gives his take on the controversial gold miners (GDXJ). You can read more of Jeff’s thoughts on the precious metals here.
Continue Reading -->Will the Miners Call Janet Yellen’s Bluff Again?
The big move this week has been the decline in the precious metals and miners. A daily GDXJ chart depicts the sell-off. It broke the 50 day line with authority for the first time the early February low. One of our primary tools, the 3 Day Chart, did a great job of telegraphing that this pullback […]
Continue Reading -->The Morning Hammer: Will Yellen Pull a Fast One at Jackson Hole?
All eyes are on FOMC Chair Janet Yellen’s 10:00 a.m. ET speech in Jackson Hole. Fed officials have been out in force the past few weeks pushing a hawkish narrative, and the market has responded. Fed fund futures now imply a 57% chance of a December rate hike, up from 47% a week ago and […]
Continue Reading -->T3’s Take 3: The Fed Is Dead Ahead
The power of quantified trading… Next Thursday, T3’s Rob Smith is hosting a special strategy session on his unique Quant Edge methodology. Learn more about it. 1) All Eyes on Yellen Traders are eagerly awaiting Fed Chair Janet Yellen’s speech in Jackson Hole at 10:00 a.m. ET tomorrow. Fed officials have been very hawkish as […]
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