Selling Strength and Buying Weakness
The SPX futures were up about 30 points before the GDP data showed the economy contracted 0.3% in the third quarter. Kevin Haggerty believes that with the volatility and swings of the indexes, day traders must have a fast trigger finger on trades today and tomorrow.
The SPX and INDU Will Also Take Out The 10/10/08 Lows
Following four straight lower lows for the S&P 500, the global recession hype has accelerated with the media calling it a “soft depression”. See Kevin Haggerty’s commentary on why there’s a sharp reversal ahead for both the S&P and Dow.
Crowd Psychology Will Prove Wrong Again
The futures are down this morning as world markets sold off badly overnight and investors’ fears of a global recession continues. Kevin Haggerty explains why this is a catalyst for a possible bear market bottom.
Continue to Sell Strength and Buy Weakness
Stocks trended lower in Tuesday’s trading session amid gloomy earnings forecast. Kevin Haggerty breaks down the proposed stimulus package and why the market is far from being on firm footing.
The Primary Focus and Strategies
SPX futures were in the negatives this morning, as the President began his cheer leading speech on calming the markets. Is it safe to say that no one really has a handle on when and if the “Paulson New Deal” will work?
Market Expectations and Reality
Stocks stumbled in Wednesday’s early trade amid Fed Chairman Bernanke’s looming speech later today. Kevin Haggerty explains the strategy trades from yesterday, as well as, his opinion on the day’s trading.
The 2002 Market Bottom Analogy
Investor’s fears are mounting following Thursday’s massive stock sell-off and Friday’s stock futures are pointing to a weak outlook. See why Kevin Haggerty believes today’s primary focus should be on the major indexes.
More Downside If Credit Market Fails To Confirm Rate Cut
The early markets were selling off this morning with Dow futures down close to 300 points. Here’s Kevin Haggerty’s break down on how traders can keep up with the major indexes and the Feds latest announcement on an emergency rate cut.
The October Bear Market Symmetry
The fate of the bailout bill continues to worry investors, Wachovia accepts Wells Fargo’s bid, while unemployment rose to 11%. In this bear market, Kevin Haggerty believes all the ingredients for a bottom are in place.
Longer Term Equity Allocation
The media hype machine is calling this the “Second Depression”, but what it is a time for added caution. Here’s Kevin Haggerty’s opinion on how the smart traders can keep up with the Smart Money.
Current Day Trading Focus
The markets lulled on Wednesday as traders focused all of their attention on the congressional testimonies of Fed chairman Ben Bernanke and Treasury secretary Henry Paulson. The market’s reaction will be key in determining movement this week.
The US Is Becoming a Subsidiary of the Middle East
If you’re not sure what the bank bailouts means to you and this economy, here’s the analysis you need.