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Market Commentary

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Chicago: It Might Be Time To Get Out Of Town

Chicago, that toddlin’ town. Bet your bottom dollar you’ll lose the blues. And maybe your house.

 

The dwindling number of people who still live in Cook County, Illinois —  essentially the city of Chicago —  got their property tax bills a couple of weeks ago. Boy, are they pissed.

Too bad for them, did I hear you say?

Well stick around, because the combination of fiscal mismanagement, political cowardice and financial myopia sinking Chicago is coming soon to your town. It may be there already...

Jul 25, 2016
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Nasdaq: Poised To Score a New High

Normally, we select one chart and develop a specific trading plan for a Monday morning quick hit trade here at TraderPlanet. This morning, I’d like to look at the equity index futures in aggregate and explain a simple but, effective technique for hedging or, outright shorting opportunities in the equity markets. There are many angles to the stock market, interest rates and the global economy. We’re going to skip the macro analysis and focus on the warning signs that are setting us up for a tr...

Jul 25, 2016
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All The Indicators Say Stocks Should Be Going Down

And yet…

Everything seems to say this market should be going down… and yet… price is always the final arbiter. July through October is a seasonally bullish period of the year for the VIX. The VIX closed last Friday at 12.02. The last time the VIX was below 13.00 was last August just before the S&P 500 declined over 11.00%… and yet…

Sentiment is at an extreme. The CNN Fear & Greed index is at 83 which is a level described as “extreme greed”. The NAAIM Exposure index is at 96 which is as bullis...

Jul 25, 2016
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Another Reason This Bull Market Will Not Buckle Soon

A champion is afraid of losing. Everyone else is afraid of winning.
Billie Jean King

 Over 50% of Americans don’t have enough money to invest in stocks; a scary statistic for a country that claims to be the only superpower left in the world. It makes one wonder at what cost are we maintaining this superpower status when from an economic perspective we appear closer to a third world nation. Americans appear to be living hand to mouth making it harder and harder for the average to focus on his o...

Jul 25, 2016
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What the Dow Technicals are Telling us About August

SHORT-TERM

For Friday, 18475 can contain session strength, below which 18335 remains an intraday target able to contain selling into later week, once tested 18675 attainable over this time. A settlement today below 18335 signals a test next week of long-term support at 18045, this formation able to contain selling through the balance of Q3 and above which the 19125 formation remains a 3-5 target. Upside Friday, pushing/opening above 18475 allows 18575, while closing above 18475 maintains a b...

Jul 22, 2016
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Featured Stories

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When Will the Economic System Collapse?

Retail is contracting, GDP is manipulated, and the United States no longer has any manufacturing. Central bankers are doing everything they can to convince the world that this economy is doing well and that “there’s no problem.”

However, every European economy is trending downward. The UK is heading for a recession. The British GDP contracted by .4% in the third quarter, the manufacturing PMI tumbled from 52.1 to 49.1, and the service PMI fell from 52.3 to 47.4, its lowest point in 88 months....

Jul 25, 2016
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8 Trading Words and Phrases To Avoid

A couple weeks back I introduced a partial list of market talk phrases to avoid when focusing on markets. Today we have more to consider. Always remember the reward is from your own effort and ability to make tough decisions in challenging times. Rely on your own instincts and use sound judgment.

‘There is little risk in markets’ – Just when it seems markets are going to lose gravity and go higher than anyone expects, reality bites. Markets have risk and if we are willing to take it then we h...

Jul 25, 2016
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12 Point Guide to Choosing the Best Stocks

Before investing in a stock, it is important to do your homework. There are so many choices and variables to consider and it is easy to become overwhelmed and make mistakes. While there isn’t a perfect recipe for success, having a guide to follow and knowing the right questions to ask before handing over your hard earned money, will help you to make well-informed choices. It will also greatly increase your chance of making the right investment.

Below is a list of twelve questions you should b...

Jul 21, 2016
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Forex: How bad do You Want to Boost Your Confidence In Trading Forex.

‘’One important key to success is self-confidence. An important key to self-confidence is preparation’’--Arthur Ashe

There are no doubt that most of us traders and investors are still finding it difficult to deal with the pressure of the market. Especially when you are a Day-trader- there is always an urgent need for you to make quick decisions.

Still on the market pressure, do you think you can make that right decisions with a fearful mind? No. But rather, you could make a better decision if...

Jul 20, 2016
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Is Your Morning Coffee Robbing Your Retirement?

A little and a little, collected together, becomes a great deal; the heap in the barn consists of single grains, and drop and drop make the inundation. 

Saadi

Towards the end of last year, we published an article titled  Americans favour coffee to stock market investing where we demonstrated that an overwhelming majority drink coffee as opposed to investing in the stock market’ 61% of Americans drink coffee on a daily basis as opposed to the 48% that invest in the market. On aannual basis, A...

Jul 15, 2016
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