Top Down Index Thoughts, and a Technical Framework
The indexes continue to battle back and forth in a tight range. Let's turn our attention to stocks that have gone vertical and what typically happens after that...
Getting Short the 830 pound AMZN Gorilla
Watch tonight's video for a TheoTrade idea. AMZN is displaying a 2 standard deviation move to the upside in the last 10 trading sessions making the stock movement statistically significant whereby providing a contrarian setup. Additionally, market technicians Jeff Bierman and Doc Severson have pointed out the RSI Laguerre is displaying highly overbought and the…
Loving the Levels but Short Japan!
Here are the levels we continue to watch intra-day. These levels have been holding for the last few weeks and once again we are at a key level. Also, let's take a close look at a trade set up...
Using Context in Your Charts
Most traders love charts, but most traders are using charts wrong. In tonight's video report let's review the right way to use charts. Adding context to your charts will keep you ahead of opportunities and help you avoid the pitfalls that trap other traders...
Is This Juice Worth the Squeeze?
You need to ask yourself how much risk do you want to take in the short duration? The expected moves are just based on probability. Options premium is being suppressed across the board. What happens when we wake up one day to a spike in volatility? This seems to be happening more frequently. The risks…
A Three Month Pass
The Fed has decided to sit on their hands once again. This gives the market a 3 month pass since no one will expect them to raise rates the week of the election. This means the only possible rate hike in 2016 would come in December. We can't trade the market we want we need…
SPX Pegs Risk Perfectly
Bank of Japan and Janet Yellen are now in our rearview mirror. Markets rallied right into our resistance zone that we have been watching for the last few weeks. Tomorrow will be a key day. After Fed announcements the first move may not always be the last one. We are living in one of the…
Ready, Set...
After tomorrow night the market will be free from the constraints of upcoming Bank of Japan and Fed announcements. Either the markets have already priced in the news or they're going adjust to a new reality...
Levels to Trade By and Volatility on the Horizon
Here are the key levels this week to watch in the S&P. These key levels in the S&P will dictate order flow to all the major stocks you trade. With the Bank of Japan and the Fed announcing this week here are some of the trades to keep your eye on...
AAPL Baking Shorts
AAPL shot higher again today taking the over all stock market with it. As well as taking out any shorts in its path. Let's look at some potential catalyst for the market. There is now only a 12% probability of rate hike next week the Fed. This comes after the ECB and the Bank of…