Traders Long and Short Sector Focus
As for you longer-term investors, who are “buy and hold till death do you part,” you were forewarned long before subprime about the negative risk/reward of the current bull cycle, so I hope you made some allocation adjustments.
Traders Capitalize on Extended Zone Reversals
Based on what I’ve seen, ever since the run-up to the mid-term elections and during any perceived negative political/economic situation, there is no doubt that the PPT is involved in accelerating many of the “magic moves” we see in the face of negative news.
Short-Term Traders Zone
Whether or not that scenario plays out, it doesn’t matter to daytraders, because it is just about the daily volatility, rather than whether the market will “do this or do that.” Short-term position trades can also continue to take advantage of these extended volatility type situations.
Sell Strength and Buy Mid-October Lows
We have seen what the PPT and programs did on Thursday, and how the premarket futures forced a premium opening on the discount rate on Friday. But, we have yet to see if the generals actually want to buy stocks and take the SPX higher, which will be a good short opportunity at the key price zones…
The PPT Leaves Obvious Market Footprints
Banks are notorious for overreacting to fear and greed…
Trade the Reaction, Not the News
The usually bogus CPI number is obviously not what the market is focusing on, relative to the credit and subprime problems…
The Most Challenging Task for the PPT Since 1987
The continued subprime implosion news will obviously continue to put significant pressure on the market…
The Daytrader’s Primary 1st Hour Reversal Strategy
Daytraders should be ready to benefit again this morning, because as I finish this, the SPX futures are -24.5 points, so the same 1st hour strategies will be in play for the meltdown opening…
Markets Will Trade Lower After Oversold Bounce
There seems to be a lot of positive coincidences that occurred during these financial dislocations…
The Trader’s High Probability Zone
For daytraders, the energy sector remains the most productive sector, and despite the decline, the reversal opportunities are mostly on the long side…
Multiple Sector Breakdown Precedes SPX Cycle Decline
This bull cycle is already the longest time between market tops in over 50 years and is now the second longest time between 4-year cycle lows since the 8/9/1982 -10/20/87 cycle.
The Reversal Symmetry In Play for Oversold Bounce
With oversold conditions like these, watch for a bounce in the short term.