Key Inter-Market Trading Relationships
With only 10.5 trading days left in 2008, Kevin Haggerty comments on why market interrelationships is key to trading success.
Government Market Intervention Creates Panic Selling
It was a very choppy day in the markets on Wednesday and it took a rally in the last 90 minutes for the SPX to finish green. See Kevin Haggerty’s commentary on why a government intervention could further spook the markets.
Anticipating Key Reversals
Despite the never ending media “new depression” scenarios, the major indexes closed in the green on Monday. But expect to see key reversals in the market this week, says Kevin Haggerty.
Congress is a Great Short Indicator
According to Kevin Haggerty, the SPX acceleration to the downside yesterday was no surprise and more pullback is expected. See his recap of the market action this week, as well as, what’s to come in today’s trading.
Buy Weakness Below SPX 800 for Rally into Year End
There was no reason not to expect a significant pullback this week, but the SPX mini meltdown on Monday was an unexpected fear move. Kevin Haggerty gives traders the heads-up on how to play the market into year end.
Buying the Weakness and Selling the Strength
The massive two day rally continued again on Tuesday with the SPX closing up at 857.39. See Kevin Haggerty’s commentary on why buying weakness and not strength, is still the case.
1st Hour Reversal Strategies, Part 2
Kevin Haggerty continues with his 1st hour reversal strategies, as well as, comments on why there’s a sharp reversal ahead for the S&P.
1st Hour Reversal Strategies
With crude oil hitting a low on Monday, Kevin Haggerty believes that energy stocks must remain a key focus for day traders. See his commentary on the energy sector, as well as, his 1st hour reversal strategies.
The Stock Market is a Casino
After making a new bear market low on Thursday, the SPX rallied in afternoon trading and closed up 6.9%. Kevin Haggerty comments on today’s session, given Thursday’s “magic move”.
The Next Significant Swing in a Secular Bear Market
There seems to be no end to the bailout, with the latest being the automakers’ $25 billion package. Kevin Haggerty weighs in on the bailout, as well as, who is likely to profit from the next cyclical bull swing within a secular bear market.
The Day Traders Primary Focus
According to Kevin Haggerty, energy stocks have been the accelerator in both directions for the S&P 500. See his commentary on why energy stocks should be the primary focus in today’s trading session.
Volatility Bands Adjust To Implied Volatility Changes
Kevin Haggerty saw trading as “anemic” Monday, and with stock futures pointing to a higher opening on Tuesday, see his commentary on the probabilities of a successful reversal.