Market Implosion to Explosion
Major news rocked the trading world this week, leading to what Kevin Haggerty calls the worst Derivative Meltdown panic in the credit markets any of us have ever witnessed.
The Eye of the Derivative Meltdown
The fall of Lehman Brothers, sale of Merrill Lynch, and cut down of American International Group affects many different areas of the market, here’s an in depth look at what those are.
Key Reversal Strategy for Traders
Lehman Brothers is down heavily, OPEC is signaling a cut in output, and the big names in the media were wrong again about the economy. Kevin Haggerty sets the record straight on the economy at present.
Treasury Secretary Paulson’s Strategic Timing
What has been the market reaction from Treasury Secretary Henry Paulson’s strategically timed takeover of Fannie Mae and Freddie Mac? Find out what Kevin Haggerty thinks.
Trade the Extended Sector Rotation
The SPX continues to range out on a closing basis between 1305.32-1266.07, which is just a 3.1% range for a month.
Volatility Creates Opportunity Today for Daytraders
Daytraders have been benefiting quite a bit from the volatility of the last two weeks, here’s why.
The Stock Market Is Nothing More Than A Casino These Days
Crude oil and the U.S. dollar were relatively quiet yesterday, while the Lehman Brothers saga continued to make a lot of noise. Kevin Haggerty gives his market commentary on why this bear market is not over.
The $NYA Confirms Narrow Bear Market Rally
When market volume decreases so does liquidity, and the result is a rise in volatility. See what Kevin Haggerty foresees in the coming days as the financial industry continues to decline, and where other major sectors are heading as well.
Inter Market Reversal Setting Up
The financials are sinking and oil holds its Friday low. Kevin Haggerty gives his brutally honest market commentary that you’ll only hear from the media after the fact.
SEC Rule Expires, Financials Decline, and Energy Rallies
The SEC’s strict “pre-borrow” short rule on 19 major financial stocks has expired, but is that really the end of it?
Traders Win Both Ways with SPX and Energy Trades
Crude oil is on the decline and the dollar is on its way up, but Kevin Haggerty doesn’t think it will last.
Anticipating the Next Key Time and Price Zone
With oil prices on the decline, energies are the big players this week. Kevin Haggerty details the current market situation, including other key sectors that are affected by the fall in crude.