Tag Archive
Fed Week + The Holy Grail
Once again, we come upon Fed week. This used to be a big event for the markets but once the Fed buried the interest rates at artificially low levels and held them there, it has been pretty dull for traders. Expect more of the same with this weeks announcement. This day will become prominent again [...]
Do What 95% of Traders Can’t
It is said that 95% of stock and futures traders lose money. In the forex market, I have heard figures as high as 99% of traders lose money even though they are having more winning trades than losing trades. The reason is that most traders take small winning trades and big losses. They do not [...]
Dow Says, “We’re Going Higher”. S&P Says, “Not Just Yet”.
The YM was able to take out its prior weekly swing high which indicates it wants to move much higher. The ES, however, has not confirmed this. The S&P 500, being made up of 500 companies, is the boss. It carries more weight than the Dow 30. So, while it is worth noting the YM’s [...]
MTPredictor Market Update + How to Play an Inside Gap.
This week we look at the progress the markets made last week. Goldman Sachs is trading well below our $100 line in the sand which is a bearish sign for the overall markets. Thus far, the ES has not been able to breach the 1289.25 level to the upside. This has meant more sideways to [...]
Will Santa Bail Out the Fed?
Several years ago on Meet the Press, former Federal Reserve Chairman Alan Greenspan made the comment that the Fed would not allow the markets to be the straw that breaks the back of the economic recovery. Three Quantitative eases later (call them what you will) and you would have to say up to this point, [...]
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