Bitcoin Futures Launch - This is What You Need to Know
Bitcoin Futures are here at last! Before you dive in watch this video to find out what you need to know. As for the overall market stocks ended the weekly mostly unchanged as the VIX drops below 10 again. Watch this crucial weekend video market update to for a few trade ideas to take before…
Inter-Sector Correlation The Lowest Since The Tech Bubble
Macro Trading Trends The correlations between sectors have declined in the past few months. This means the market is bifurcated. To uses a common Wall Street phrase, ‘it’s a stock pickers market’. The correlations may have fallen in 2000 because only the tech stocks were going up. During the financial crisis, all stocks fell which…
Bitcoin Goes Parabolic Potentially Causing Systemic Issues
Stocks Are Boring. The Triple Digit Returns Are In Bitcoin...? If you experienced the housing market bubble 12 years ago or the tech bubble in the late 1990s, you’ll see similarities with bitcoin. I’ve seen speculators claim buying stocks to get an 8% return is silly when you can get higher returns and be part…
Volatility Starts from Smaller Timeframes, and FXI Setup
Ranges on stocks continue to increase as the S&P average true range nearly doubled in just few weeks. This has set up some much better intraday trading and short term trades. In this video market update let's analyze a short term trade in the FXI. Watch this video and find out if this trade opportunity…
Baltic Dry Bulk Index Indicates Economic Growth Is Strong
ADP Report Solid The top economic reports of the week are the BLS and the ADP employment reports. The ADP report was good as it showed 190,000 jobs created. This is the third lowest growth in the past 12 months. Sustained growth below 200,000 would indicate the labor market has little slack to give. It…
GOP Works On Spending & Tax Plans
Spending Plan To Be Extended Temporarily The GOP is working to get the temporary spending plan passed before the deadline on December 8th. Trump discussed the possibility of the government shutting down, but that’s unlikely. The government is great at kicking the can down the road which is what this plan does as the extension…
Retailers Are Strong and Here's a Trade in Walmart
Stocks saw some volatile intraday movement as overall markets ended the day most unchanged. In this video market update let's analyze where market could still move to this week. Plus one TheoTrade idea we entered today. Watch this video and find out if this trade opportunity is right for you. Also, to learn more about…
No Recession On The Horizon
High Valuations & Exuberance Are The Main Bearish Arguments The best argument the bears have is valuations are too high as the stock market continues going up. Personally, I can’t see stocks falling with this type of earnings momentum and economic growth. That being said, the Shiller PE is at 31.9 which is close to…
We’re About To Go Off The Central Bank Cliff
Tax Bill Debate Is Heated Like it or not, the tax plan is still dominating the headlines. It’s arguably more important to figure out what will be in the bill than determining whether it will pass. There is heated rhetoric coming from the House. For example, conservative Representative Kevin Brady said, “I think that both…
Waiting On The Fourth Element of Volatility, and SCHW Butterfly
Stocks are in a crucial stage right now as daily ranges continue to increase. In this video market update to find out what to watch for next. Plus while we wait for the 4th element of volatility this is a trade you can take tomorrow if it makes sense for you. Also, to learn more…