Fishing Plan for Week of April 13 – 17: Worse Than 2008, More Like 1929
Market Thoughts Slow, sloppy day. Of my five top intraday, intermarket indicators: 2 Bearish, 1 Bullish, 2 Neutral. Think ‘counting cards’. If I don’t have 3/5 or 4/5, I just don’t see the point of playing. Bullish into Earnings: The bulk of SPX earnings are concentrated in the next 2 weeks with 66% of the […]
Fishing Plan for Week of April 6 – 10: No More CoronaVirus Depression?
Market Thoughts The famed country and western singer, Tammy Wynette died on this day in 1998. She was 55. She is best known for two tunes – Stand by your Man and D-I-V-O-R-C-E. Two sides of a similar coin. Like feeling bullish and bearish, euphoric or...Fishing Plan for Week of March 30 – April 3: Yuan, Dollar, Oil
USD Spike Risk “I contend the next phase of stock sell-off likely begins when the USD spikes hard and momentum stocks get sold.” Me, past few weeks. And why would the dollar spike if Fed is throwing everything it can at it to break it’s ascent? I...Guest Captain Commentary: Oil Conviction
Tony Greer of TG Macro pens a daily newsletter and this one caught my attention. With his permission I am sharing it with my clients for you know I am very much inclined to buy the Oil-Value-Reflation trade (as I have written about for weeks), but as discussed in my live trading room, I have […]