It’s the Friday before Labor Day weekend and markets are rising on hope (and end of month rebalancing) into expected trade talks between Trump and Xi today – right before the long Labor Day weekend. Keep in mind Monday is Labor Day and markets are closed. Tariffs go into effect, or they don’t, September 1, […]
Markets, as of close today, had retraced the entire drop from Sunday night. It was not an easy bounce to play and I said I found the move to be more technical in nature than fundamental and as such hold it with suspicion. After the close, we got more Huawei news and Yuan currency moves […]
A new month brings NFP Friday and Trump has an announcement at 1:45ET on EU tariffs. I want to get my arms around market reaction and put on some new positions before my 11:00 call.
I will re-open my trading room 1:45ET in preparation for the FOMC minutes at 2 and 2:30 press conference. Housekeeping: I have also worked with Zeke to fix some of the recent issues that occurred with recent Trade Alerts: Bad Fills on Wide Bid-Ask Orders: Trend trade THC was up 61% when I went to […]
Good morning, Members. I’m having some technical issues this morning and need to seek some assistance. I will attempt to get the room up and running as soon as possible and will send an alert as soon as keyboard issue is fixed. Thank you for your patience and it’s good to be back!
Trading Room is Closed Wednesday – Friday June 19th, 20th and 21st Samantha is traveling to NYC for meetings, presentation at the Benzinga conference and sourcing apartment for her daughter doing an internship at an architectural firm this summer. She will be busy and away from her trading desk for the remainder of the week.
It should be slow as molasses in the market but I won’t be. I need to prepare my presentation for Benzinga, finalize meeting details and apartment shopping for emma’s internship! With that, market seems to be excited about Draghi talking more dovishly – but tomorrow is Fed day and that is going to set the […]
You have probably noticed it has been quiet on the Trade Alert front past few weeks as my development manager works on the final phase of this FinTech roll-out. You will soon see that I have added Futures: ES, NQ, YM, TF, CL, GC, ZB…. ! The Interactive Broker Gateway I built will soon allow […]
Good morning! I am doing an extended podcast interview with DailyFX – London time – so I am closing the live trading room this morning. Yes, we broke above the trend-line so bulls are in control, for now, and bears could get excited as we retest that breakout of the trend-line … but given the […]
I will be working on some development projects next few days and also attending a meeting at the Boston Fed (Federal Reserve Bank of Boston) tomorrow. I will send out an email when the room next opens up. Friday chases short would have been magnificent but I was positioned primarily long and stopped out while away […]
I will still trade – see Trade Alerts – just not live commentate today as I work through some overdue operational projects that need my attention. And just an update on my market timing call and turn… We are almost there. I am waiting for a key level to be tagged in SPX and NYSE […]
JPM on the MOMO trade and Oil - similar to the crowded "XIV" trade that blew up 🤯
Then Vs Now
https://t.co/mZ1DZpZm0F
https://t.co/TzP9YX7ukV
“the Purdue settlement may leave other firms to shoulder a larger burden.”
$JNJ etc
The Purdue Pharma bankruptcy is just the start of the opioid reckoning. https://t.co/nIBkfeLiF3
on $OIL someone just got "punched in the mouth", so you gotta at least wait for the other guy to punch back before you write the end of the story
