Biotechs Recover to Close Well
Tonight we have 4 indicators pointing higher on the Market Bias Page.
Remain nimble on March Index Futures
At the time this is being published, the S&P Globex Futures are trading 1.30 points higher and the bond market is trading down 5 ticks.
Too early to determine Y2K impact
At the time this is being published, the S&P Globex Futures are trading 2.0 points lower and the bond market is trading up 1 tick.
Only Two Markets Look Interesting
At the time this is being published, the S&P Globex Futures are trading .10 points higher and the bond market is trading up 1 tick.
Several Pullbacks Look Interesting
Many portfolio managers GÇ£settled upGÇ¥ today so trades would clear before year-end (it takes 3 days for a trade to clear).
March Corn rallies
There are several markets that look interesting to me tonight.
Trading Thin Over Holidays
For the rest of the week, trading will likely be thin as many extend their holiday. Consider this if you decide to trade.
Breakout of Bullish Cup and Handle
Monday will likely be thin trading as many extend their holiday. Consider this if you decide to trade.
Balance Confidence and Humility
Monday will likely be thin trading as many extend their holiday. Consider this if you decide to trade.
Stick to Your Guns
It seems that in these markets, no matter how much you make, you find yourself thinking how much more you could have made.
March Bonds Due for Dead Cat Bounce
At the time this is being published, the S&P Globex Futures are trading .50 points higher and the bond market is trading up 3 ticks.
Trend Remains Up
I was once told by a successful trader to believe in what I see in the markets and that trying to understand would likely interfere (and could be costly).