Market Advance and Socialist Direction for the U.S. on a Crash Course
Politics and economics fit hand in hand as Kevin Haggerty makes clear in his latest commentary. See the technical indicators of the market present and what Kevin projects will come of the recently passed Obama health care bill.
Price-Time-Momentum Symmetry
In this edition of Kevin Haggerty’s market commentary, Haggerty gives an exclusive peak into information typically available only to paid trading service subscribers.
SPX Vertical and Extended
The SPX continues into short term overbought conditions today, see what this means for the trading day going forward and what you might be able to expect from other segments of the market. Kevin Haggerty delivers straightforward technical commentary for advanced traders.
Market Acceleration on Artificial Jobs Report
Stocks are up on a better-than-expected jobs report and while things are looking topside technically, the truth behind the numbers is much less encouraging. Get the straight talk from Kevin Haggerty.
Long Term Equity Allocation Reduced
The SPX finished last week -0.4 to 1104.49 after bouncing (or being manipulated) off the 1086 low on Thursday. Either way, it was a positive because in terms of economic data it was probably the worst week this year.
Trading Decisions in Key Zones
The SPX was +1.0% on Wednesday to 1105.24 from the previous 1094.64 close, but for day traders there were just two opportunities to cash in on some travel range.
The SPX Swing Trade Logic
Market commentary by Kevin Haggerty, read the latest price action and volatility assessments from one of TradingMarkets’ top financial columnists.
Market Advances as Volume Declines
The Fed surprised the market last night and hiked the discount rate, which adds some uncertainty to the markets even though the Fed said it wasn’t a policy rate change.
What is Your Secular Bear Market Plan
Are you bracing yourself for the secular bear market? Learn more about it from Kevin Haggerty, and see why hope and change may not be in your best interests.
The Key Zone Trade
Learn Kevin Haggerty’s key price zone trading strategy and how to apply it to your trades for a nice profit cushion.
Do You Have a Market Entry Plan?
The state of CA has a GSP (same as GDP) larger than Greece, Spain, and Portugal combined, and it is essentially bankrupt, so the probability is that they all will get bailed out sooner or later. Find out what else is likely to affect the market over the next week.
Volatility Reverts to the Mean
Earnings season always gets lots of hype, and this one has been no different. This QTR was expected to be an easy comparison to Q4 (Recession of 2008), and it is as over 70% of reporting companies have beaten greatly reduced estimates due mostly to cost cutting and layoffs, but that is not the case for top line growth.