Category: Blog
-
END OF DAY REPORT MAY 31st EQUITIES, FUTURES & OPTIONS
Dovish talk by Fed officials didnt help stocks today as we await congress to approve the debt deal
-
DAY TRADE IDEAS MAY 31st
Gold shorts certainly worked perfectly on Friday with a $19 drop from the high of the day. Longs at strong support at 1938/34 worked perfectly yesterday as we held above 1930. We wrote: ”Gold remains oversold on the daily chart so a good chance of another bounce from this strong support at 1938/34 to target […]
-
MORNING MINUTE MAY 31st EQUITIES, FUTURES & OPTIONS
THE MARKETS HOLD THEIR COLLECTIVE BREATH AS WE AWAIT THE CONCLUSION TO THE DEBT CEILING DEBACLE, WITH CONGRESS STARTING VOTING AT 3:30PM EASTERN TODAY
-
END OF DAY REPORT MAY 30th EQUITIES, FUTURES & OPTIONS
Cautious session as we await confirmation from congress that the debt del will actually get passed. I should do, but with the state of politics today, nothing would surprise me any more.
-
DAY TRADE IDEAS MAY 30th
Emini SP 500, Nasdaq, Emini Dow Jones 30 May, 2023 Emini S&P June collapsed on Tuesday & Wednesday then recovered all the losses on Thursday & Friday as we play debt ceiling games. Shorts at 4160/70 stopped above 4185 for a retest of 4222/27 & a high for the day here. We hit4243 on the […]
-
MORNING MINUTE MAY 30th EQUITIES, FUTURES & OPTIONS
Stocks opening on their 10 month highs on a wave of optimism after a debt deal has been struck, even if it still has to get through congress and who cares that we now have another Fed hike in the offing…
-
END OF DAY REPORT MAY 26th EQUITIES, FUTURES & OPTIONS
A HOT PCE NUMBER SAW THE RATE MARKET FINALLY FALL CLOSER IN LINE WITH THE FED TO IMPLY THE LIKELIHOOD OF A HIKE COME THE NEXT MEETING,IT DIDNT STOP STOCK RALLYING LIKE CRAZY TO HAVE ANOTHER GO AT AN UPSIDE BREAKOUT
-
MORNING MINUTE MAY 26th EQUITIES, FUTURES & OPTIONS
LOOKS LIKE A DEAL ON THE DEBT CEILING ID FORTHCOMING, STOCKS HAPPILY REACHING HIGHER AS WE AWAIT MORE INFLATION DATA WITH THE PCE INDICATOR AS WE TURN OUR ATTENTION TO WHETHER THE FED WILL RAISE RATES AGAIN
-
END OF DAY REPORT MAY 25th EQUITIES, FUTURES & OPTIONS
Debt ceiling deals trump interest rate hikes! Stocks and everything else breathes a huge sigh of relief that a deal seems to be forthcoming even in the face of more hawkish Fed speak
-
DAY TRADE IDEAS MAY 25th
Emini SP 500, Nasdaq, Emini Dow Jones 25 May, 2023 Today’s Analysis. Emini S&P June broke support at 4170/60 to hit the next target & support at 4120/10. A low for the day exactly here & a 40 point bounce gave us a nice profit, with a high just 3 points below 4170/60. So if […]