MARKET SUMMARY (9/9/19) – CRUISE CONTROL
Time to sit back and chill. The market is fairly simple right now. And most of you know I’m all about keeping things simple. On the weekly charts, the market …
MARKET SUMMARY (9/3/19) – BULLISH-ISH
The Bulls checked all of the boxes they needed to last week. That said, we’re still in a period where we should expect headfakes and reversals, so I’m prepared for …
MARKET SUMMARY (8/26/19) – LOOKING TO BUY
“Buy when there’s blood in the streets.” We all know that old market saying. We also know it’s easier said than done. The market capped off a wild week with …
MARKET SUMMARY (8/19/19) – GETTING CLOSE
Let’s keep it simple. Is the market ready to resume a rally or is there more downside? Well, the charts are saying one thing and sentiment is hinting at something …
MARKET SUMMARY (8/12/19) – BOTTOM ALREADY?
Well, that was fast. Things can change quickly in the market. Good traders let the market tell them what to do, and during this past wild week, the market told …
MARKET SUMMARY (8/4/19) – HOW LONG WILL BEAR MODE LAST?
The market can turn very quickly, and it did that last week. After two months of near relentless rally, the S&P 500 reversed quickly and it looks like the bears …
MARKET SUMMARY (7/28/19) – Fed Week
Look, I get it. Bull markets aren’t that exciting. In the world of Financial Twitter, CNBC and trading blogs, it’s way cooler to make a bold, contrarian bearish crash call …
MARKET SUMMARY (7/22/19) – CHOP ZONE
Are we entering the choppy, sideways market I’ve been expecting? As I mentioned in last week’s e-mail, when I took profits on my market long positions two weeks ago, it …
MARKET SUMMARY (7/15/19): Snooze Time
Well, the time finally came. I sold out of all of the long positions in S&P 500 and Tech that I accumulated between May 31 and early June (I posted …