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Market Commentary

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Oil and Gas Opposite Directions - The Energy Report 07/29/16

Oil prices dipped into a bear market as natural gas soared on the smallest inventory injection in a decade. Oil prices continue to feel the fallout from the Brexit as it has reduced demand expectations and sent the dollar soaring. Natural gas had seen selling pressure because of weakness in crude oil but could not ignore another huge miss on inventories raising concerns about the perception of adequate supply as we head into winter. 

The Brexit vote was one of the major issues that I warned c...

Jul 29, 2016
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Did the Convention Impact Crude Oil?

September Crude Oil made an early weak attempt at a rally on Thursday, July 28, 2016, getting up to 42.22 before failing and breaking below the 50 WMA now at 41.61.  Once Crude broke below the 50 WMA it traded down to the low of the day at 41.04.  It wasn’t able reach support at the 200 DMA at 40.92, and it rebounded to 41.45 in a test of resistance at the 50WMA. Crude oil then tested the lows, reaching 41.06 and it ended the day at 41.10. Settlement was at 41.14. With only one month left in ...

Jul 29, 2016
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August Upside Targets

SHORT-TERM

For Thursday, both 2166.75 and 2158.75 can firmly contain intraday activity, beyond which the next notable level is expected intraday. Downside today, breaking/opening below 2158.75 signals 2149.00, able to contain selling through Friday and above which the 2186.75-88.75 region remains a 3-5 day target. A settlement today below 2149.00 indicates a good weekly high, bearish continuation over the next 3-5 days then expected into the 2118.50 region where the market should bottom out ...

Jul 28, 2016
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Holiday Period: A Perfect Time To Hone Your Inner Trading Game

A quick look at this week’s trading makes it abundantly clear: Most of the market players are away on holiday. Chances of being stopped out are higher than usual, as market makers can move the price around, quite easily hitting your stops.

Trading is addictive.

One of the greatest challenge for traders is to stay out of the markets when trading opportunities are thin, while remaining alert and focused ready for action when the right opportunity finally presents itself.

Right now the markets a...

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Time to Sell E-Mini Premium

Wednesday’s FOMC didn’t bring any surprises. I don’t think anyone was looking for action from the Fed, and the Fed lived up to that expectation.  But the tone of the Fed’s statement might have turned a bit more hawkish from the previous dovish announcements.

The term “strengthened” made an appearance in describing the current labor market, probably referring to the addition of 287,000 jobs in the June jobs report. “Growing strongly” was used to describe current household spending, another poi...

Jul 28, 2016
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Featured Stories

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False Informa tion, Mass Psychology & this Hated Stock Market Bull

 Regarding today’s news, the average person is inundated with unnecessary junk. On any given day you will find experts telling you why the markets are destined to soar and or crash.  News outlets are desperate for eyeballs, so they are going out of their way to make titles bombastic, and or offering multiple scenarios so that when one of them comes to pass, they can proudly state we told you so.

The problem is that in most cases the information used to back these scenarios is utter rubbish.  ...

Jul 29, 2016
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Enter with the Pros and Ride the Runs

By far the most expert Technical Traders in the Stock Market are the Professional Traders Market Participant Group. These seasoned Independent, Floor, and Proprietary Desk Professional Traders are the best of the best at trading using Technical Analysis.

Retail Traders can learn a great deal from their professional cousins about when to enter a stock, how long to hold, where to exit, how resistance will behave, and much more.

How to Find Professional Traders Activity is by looking for their s...

Jul 28, 2016
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Is the Trend Really our Friend?

If I had a dollar for each time I’ve heard someone insinuate that trading should be as simple as identifying a trend then jumping on the bandwagon, I would be a wealthy woman.  Looking at a chart of crude oil falling from $100 to $26 per barrel, or the e-mini S&P peaking near 1,500 in 2007 and reaching 660 before finding a lasting bottom a few years later, one would assume being short these markets were easy trades producing massive wealth to speculators.  However, as they say—“The grass is a...

Jul 28, 2016
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Zero Percent mortgages debut setting up the next stage for this Stock Market Bull

Although gold dust is precious, when it gets in your eyes it obstructs your vision.
Hsi-Tang

 

Economists stated that main trigger for the financial crisis of 2008 was the issuance of mortgages that did not require down payments.  The ease at which one could get mortgages in the past is what drove housing prices to unsustainable levels. Post-crisis all banks vowed to end the practice forever, or that is what they wanted everyone to believe.   When the credit markets froze, we openly stated th...

Jul 28, 2016
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Greed and Fear: What Happens When a Carry Trade Goes Wrong?

The Capital Market is a jungle, and everyone is on a hunt for yield. Every investor is trying to maximize the return and minimize the risk, that goes without saying. But what happens when the “safe” yields are at zero ?

As investors, our goal is to earn the highest yield possible, given our risk appetite. The more risk-averse we are, the less yield we can get, as our scope of our investment will be narrowed down to the “safest” assets, such as High Graded Government Bonds . The problem nowada...

Jul 28, 2016
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