MomentumOptionsTrading.com Mid-Market Update for 8/11/2014Bulls Clear Resistance, Prior Support/ Profit Alert (MGM)/ New Trade (YHOO)!!!1:35 p.m. (EST)Futures were higher throughout the night and ahead of Wall Street’s open which was a bullish sign following my weekend homework. While it is too early to say if the early August weakness has come and gone, the bulls are taking a step in […]
SummaryIs recent stock market action significant or just a blip to Dow 40,000?
What is the market telling us from a historical perspective?
Does this market pass the “eye” test?
The recent stock market action reminds us that it is important to evaluate the broader picture. This comment applies whether you are a trader taking a position for as little as a day, […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereSeptember Comex High Grade Copper futures consolidated for a second day on Friday, indicating impending volatility. Last week’s low at 3.1570 also held for a second day indicting that buyers may be coming in to defend a major retracement zone at $3.1525 to 3.1190.Daily September Comex […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe AUD/USD weakened to a two-month low on Friday after the Reserve Bank of Australia released its economic outlook. Although the RBA’s main concern is about the high dollar, traders decided to focus on rising geopolitical tensions that drove global investors from high-yielding assets and into […]
Stock Market Retail Investors About to Get Fleeced AgainStock-Markets / Stock Markets 2014Aug 10, 2014 – 06:22 PM GMTBy: PhilStockWorldCourtesy of Pater Tenebrarum, The Acting Man writes: Mistiming the MarketAs a small addendum to our previous post on the market situation, here is a chart recently posted by the “Short Side of Long”. It shows the cash allocation reported by […]
NEW! Download all of 2013 Performance: Click to Download!OR Download all of 2014 Performance to Date: Click to Download!Dow opens + 36 and our open trade becomes less negative.Market Open (click to enlarge)GST (click to enlarge)90 minutes in (click to enlarge)PRTA (click to enlarge)Last Hour (click to enlarge)The Dow closes + 185 This is what we closed out: AMBA […]
Dow Stock Market Rally is On!Stock-Markets / Stock Markets 2014Aug 09, 2014 – 09:41 PM GMTBy: Austin_GaltThe rally is on! Let’s get straight into it by looking at the daily chart.I have added a Relative Strength Indicator (RSI) which shows a little bullish divergence. This week’s low was less weak than the previous week’s low. Also, notice how the RSI […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe S&P 500 rose drastically during the session on Friday, after bouncing off of the 1910 handle. The move is rather impulsive, so we feel that the S&P 500 may continue to go higher from here. Quite frankly, we feel that this market should test the […]
Get Forex buy/sell signals directly to your email and by SMS.To learn more click hereThe gold markets as you can see went back and forth during the day on Friday, ultimately settling nothing. The market showing a neutral candle in this area suggests to us that a pullback might be coming, but quite frankly we think the pullback will only […]
The Dow Silent Stock Market CrashStock-Markets / Financial CrashAug 08, 2014 – 09:18 PM GMTBy: EWI”Silent Crash”: Why the Real Value of the Dow Jones Industrials MattersPriced in real value, the Dow has collapsed 84% since 1999Stock market investors who glance at their screens see the dollar value of the Dow Industrials.Another way — the way Elliott Wave International (EWI) […]
