Morning folks. Looks like the market is set for a gap up today with the spy ticking up 1% so far premarket. Im expecting a choppy session as we have a Fed day today and investors will be awaiting word from “he who has no name” aka helicopter ben. Yesterday was one of the nastiest …
Crazy week last week. the markets were taken down in a very decisive manner due to all sorts of geopolitical and political headlines. This is a cash heavy market. I am currently 100% cash and very happy to. The thing about cash is that its the best hedge possible. I have no care in the …
Morning folks. Market gapping up premarket over jobs numbers. Right after they came out the spy screamed up 1.6% and is settling in the 1% range. Yesterday was one of those days you see every couple years. We started of low and just kept going lower. It became evident around lunch time that we might …
Evening folks. Crazy week in the markets as news had completely taken over the finanical markets. Every rumor had an effect on the markets intraday. In the end both the s&p and russell2k were down nearly 4-5%. The NASDAQ was the relative strength leader dipping only 3.58%. Hard week to go long. This week will …
Morning folks. futures gapping down 1% again. its a very we are starting to get to levels where a major bounce can brew but we are not quite there yet. SLV is up 1% so far GLD up .5% and spy down 1%. We are starting to see come great washouts in stocks with many …
Even guys. Here is a video review of the stock market indexes. Overall nice action in the market with the major indexes all popping between 2-3% for the week. GOLD, SILVER, OIL all looking bullish but a tad extended and overbought. We will be watching for any bullish consolidation in these areas to setup potential …