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Market Commentary

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Post Brexit US Stock Trade Technicals

SHORT-TERM

As of this writing it's difficult to ascertain as to which side of the significant 2026.25-32.50 region the market opens.An open below maintains a heavy collapse dynamic for the day, 1992.75 in reach and able to contain session weakness. Breaking 1992.75 allows 1953.50 by the closing bell.

Overall, asettlement today below 2026.25 indicates the 1898.50-1906.75 region over the next several weeks where the
market can bottom out through July, as well as representing a meaningful down...

Jun 24, 2016
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The Big Weather Rally In Natural Gas

Since Natural Gas futures made a multi-year low in March 2016 at 1.611, we have seen a strong rally to 2.786 . Weather has played a big role during the rally. The breakdown to the multi-year low was the result of warmer temperatures during the winter which led to less use of Natural Gas for heating homes and businesses. The rising prices we have seen since March have been the result of varying temperatures throughout the country that caused more Natural Gas usage during what is typically a st...

Jun 24, 2016
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Fed Cut in Growth Expectations Will Be Felt

Looking at the revised growth, inflation and funds expectations following the Fed meeting last week we see they have shifted into a much slower gear for the US economy.  I am sure there was a bit of a deflated mood during the meeting where the poor jobs report cast a pall over upcoming policy directives.

We can see from the new economic projections there is an even lowered expectation of growth, and fed funds rate.  Perhaps only one or two Fed governors skewed the data downward but it still...

Jun 24, 2016
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Twilio (TWLO) Turns the Tables on IPO Market

The IPO market may still be soft, but, don’t tell that to Twilio , which saw very healthy demand for its IPO today .  Before the market opened, its 10.0 million share IPO priced at $15, above the $12-$14 expected price range, raising total gross proceeds of $150 million. Amazingly, TWLO is the first IPO of 2016 to price above the projected range.

Not only did it price strongly in the primary market, but, it also opened with a bang on the secondary market. Specifically, shares opened at $23.99...

Jun 24, 2016
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Could Brexit Trigger A Domino Affect?

With the UK- EU vote pending, the questions remain on what will happen. No matter which way the vote goes, I don’t think anyone knows what the end result will be for the UK or the EU. As the debate continues,   my thoughts turn to one the UK’s finest exports, The Clash.

“Should I stay or should I go now?
Should I stay or should I go now?
If I go there will be trouble
An' if I stay it will be double
So come on and let me know”

The guessing game will continue until all the votes are cast, but w...

Jun 23, 2016
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Featured Stories

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Are Vertical Spreads all they are Cracked up to be?

One of the new buzz words in the option industry is the vertical spread.  Although they’ve been around for as long as option trading, popularity of the strategy has been on the rise due to historically challenging market volatility and a more sophisticated trading community.

Option buyers look to vertical spreads as a means of lowering their cost and risk of a particular trade.  Similarly, option sellers seeking to collect premium as an income strategy might choose to implement vertical sprea...

Jun 24, 2016
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Millennials: Avoid These 8 Financial Pitfalls

If you are like many people in their 20’s and 30’s, you are just beginning to settle into your role as an adult. You may think that planning for your financial future is something that can wait. You tell yourself you will think about it after you start a relationship or get your degree or land that dream job.

The truth is, not thinking about your finances when you are younger can set the tone for your financial health for the rest of your life. You do not want to be at your retirement party r...

Jun 23, 2016
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How To Use Reflexivity Theory To Trade Like George Soros

George Soros became a legend when he “broke the Bank of England” and made $1 billion in a single day. That day, September 16th 1992, is now referred to as Black Wednesday.

And when he was running his fund, Quantum, he averaged 30% a year. Twice he even made over 100% in a single year…

How did he do it?

Well if you ask him, he attributes a lot of his success to understanding the Theory of Reflexivity.

My conceptual framework enabled me both to anticipate the crisis and to deal with it when it ...

Jun 22, 2016
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Are You Making any of These 3 Trading Psychology Mistakes?

Many traders with aspirations of becoming a great trader fail because they blow their trading psychology. Let's take a look at 3 of the worst mistakes traders make with respect to trading psychology, and what to do instead.

Mistake #1 - Ignoring Trading Psychology Until it is too Late

This one is really easy to do, especially since most people think trading is all about the trade setup and technical indicators. Certainly, possessing very strong technical skills is a key component of trading s...

Jun 21, 2016
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Teach Your Kids How To Invest: 8 Easy Steps

Thought I’d share something very different today that will affect the next generation. While children may not understand investing in the terms that a sophisticated adult can, there are some simple ways to start getting your children to think about money. 

If you begin teaching them early, even as young as 5 years old, you will be giving your child a good start towards a healthy financial future.

Here are 8 steps you can follow to get them started:

Use everyday situations as an opportunity fo...

Jun 16, 2016
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