Get The Highest Probability Trades With The ‘Above The Line’ Method
Regarding the longer-term cycle, my views haven’t changed.
Good Things Happen To ‘Above The Line’ Stocks
We start Thursday with the same 40-week EMA price zone for the SPY and DIA
Trader’s Zone Of Opportunity
Any carryover weakness on Wednesday will set up
Traders Profit On Expiration Monday
Any weakness is a short-term long position opportunity
Daytraders Excel With The Relative Performance Stocks
As I always say on expiration: the sector action on Friday was not relevant
Trade The Overreactions This Week
…the only thing you can be fairly sure of is erratic price movement into Friday.
Energy Stock Focus Again Today
This is expiration week, so continue to expect some erratic trading
After Last Week’s Energy Decline, Check These Stocks
NYSE volume on Friday was the lowest of the week at 1.4 billion shares
This Was The Key Trade Yesterday
The Gold/Crude Oil relationship continues to be a good read for trades
All The Ingredients Are In Place For More Volatility
There was no question about the herd mentality yesterday
Key Time Period This Week
This coming week is the 55th week from the Feb. 16 week high of 105.98
Jobs Circus–Watch For Any Overreactions
Today is the first-Friday-of-the-month jobs circus at 8:30 a.m