Intermarket Chart Attack: Volatility Impulse Is Getting Closer

Intermarket Chart Attack: Volatility Impulse Is Getting Closer

I have a philosophy on trouble.  Don’t feed it, and maybe it will go away. –Frank Sinatra Let’s face it, this market party is getting really wild and for those who don’t want trouble, it’s a good time to leave. I know not what will happen next, but I am envisioning some type of ‘distrubance’ […]

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Second Half Market Thoughts: Fave Trend Set-Ups

Second Half Market Thoughts: Fave Trend Set-Ups

Second Half Market Thoughts By my estimation, and as I’ve warned in my live trading room past month+, Summer Trading will likely include wide swings – in both directions, between SPX $2950-$3250. More than likely, Treasury will keep cash handy to use to...
Fishing Plan for Week of May 4 – 8: Rapid Shifts

Fishing Plan for Week of May 4 – 8: Rapid Shifts

Market Thoughts This morning I had one target in SPX as called out in my live trading room: $2898. It was hit aaaand then it was rejected. (Not my first rodeo.) Having said that, I still expect chop this week into Non-Farm Payrolls. A few reasons: We haven’t gone anywhere really but sideways for 18 […]

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Intermarket Chart Attack: Sell What In May?

Intermarket Chart Attack: Sell What In May?

Big Picture: We are still in a bear market. And as I suggested in late March, I see a multi-month process of digesting the out-sized downdraft in Feb/March, which includes both large rallies and failures. We have only seen the April bear market rally. But as we enter...
Premium Video: May Day Market Review

Premium Video: May Day Market Review

For Clients Only: As warned Thursday in my live trading room, and in my “Month in Review: Nobody left to Squeeze“ client post, markets had hit key resistance levels Thursday and would likely digest/pull back post FOMC and FAAMG earnings. Friday morning I warned at the open: “I think we’re going to have a trend […]

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Gone Fishing Newsletter: The Economic Event of Our Lifetime

Gone Fishing Newsletter: The Economic Event of Our Lifetime

Macro Matters Below I include a Guest Captain Commentary that dovetails perfectly with my Macro thesis. Practically every word of Steve’s missive I support (bolded emphasis/red highlights mine), as I have repeatedly called out in my market analysis for clients. Further, I believe the following five themes frame the backdrop of challenges to our economy and […]

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Fishing Plan for Week of Feb 10-14th: Monday

Fishing Plan for Week of Feb 10-14th: Monday

Market Thoughts  My market timing call Friday: Going into the weekend with headline and actual risk, we see bonds and gold getting bid up while miners and silver sell off. Tech is rallying but I contend we are approaching a point soon where this likely becomes a Sold...

Macro-to-Micro: Trading The CoronaVirus Rally

UNLOCKED Member content so you can see how I approach each trading day with setups we are trading NOW: SPX levels bullish + bearish, Macro trades, sector rotation, chases, swings and how CoronaVirus impacted my trading setups for clients. $SPX $DXY $USDCNH $TLT $TNX...
Fishing Idea: Reflation for Banks 2020

Fishing Idea: Reflation for Banks 2020

Market Thoughts Before the WHO declared China ‘not in a pandemic’ today OR supply manager surveys on manufacturing (released this morning) signaled a classic restocking boom, I made the call to clients in my last 4 posts since Friday, that the epidemic interrupted AND would ignite reflation trades. With that, the market is gaping up […]

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IPO Rotation Looks Tired

Three months as a Swing Long trading theme and I’m down to a few runners with several IPO names that have been taken off the list. Find out what I like and what I dropped. #IPO #SwingTrading...