As oil went on its biggest up-move in history, the energy stock shorts had some concerns.
Why hold gold? And the ES trendline is still holding sway, in spite of the oh-what-a-surprise miracle reduction in the drop.
With the news about the drone attack against Saudi Arabia this weekend, everyone has been awaited the opening of the electronic markets. The first shot across the bow finally came, with the US dollar plunging.
Time is short forty-three different equities
Tim is short forty-three different equities.
Observe the IWM and the Bollinger Bands.
The two big events on the horizon are (1) the Fed announcement next Wednesday and (2) the results of the farcical China/US trade talks, which don’t have a precise date or time but probably will have some kind of definitive outcome before October
Trade Talk Optimism has added nearly TWO THOUSAND POINTS to the Dow in just a few weeks. I just want to quietly point out that the last time we went through this charade, it was all about the magical date December 3rd. And that day marked to the mi…
Just how many day traders actually make money. I mean, let’s face it, there’s no shortage of come-ons on the Internet, in the form …
FEEDWhat an action-packed morning! The big event just took place, which is that Mario Draghi, in his fiscal swan song, pulled out every bazooka available for the European Central Bank. The Euro, already in a bear market going back for years, is falling…