The Trading Strategy This Week
The bulls were out in force over the weekend and this morning, with the spin that interest rates are rising because of strong economic growth, not because of rising inflation.
Key Reversal Strategies Make the Day
The good news for daytraders was that there was continuation weakness on the opening yesterday…
Key Trading Strategies Yesterday
The market action yesterday was much more trader friendly than the 3 gap opening days in the SPX rally last week.
6-Month Markup Pending
Any oversold pullback will probably be small because there are just 10 trading days left for the Generals in the quarter.
Key Time Period Volatility this Week
The bond market will continue to be the primary influence on the equity market…
Market Expectations This Week
If rates continue to rise, the bond market controls the equity market…
New Levels and Increased Volatility Mean Multiple Opportunities
The good news for daytraders from this sharp move to new levels and a new fear element taking the lead is that there will be some sharp volatility moves both ways…
Time Takes Precedence Over Price
This current bull market has exceeded most all of the probabilities in time…
The Month End Manipulation Carries Traders
As the major indexes push to new high territory, they are led by a much smaller universe of stocks.
Daytraders Ride the Month End Mark-Up
The Generals did a good job yesterday of taking out the previous bull cycle closing high…
Month-End Markup with Negative Divergences
We have the last 3 days of the month this week, and in a primary uptrend, the expected bias is up…
Traders Focus Into Month End
This narrow range will most likely be resolved to the upside into the weekend, with the Memorial Day up bias.