Category: Blog
-
DAY TRADE IDEAS MAY 22nd
Dax 40 June breaks out to the upside to retest the all time high at 16295. FTSE 100 June trapped in a 120 tick range for 2 weeks. . Today’s Analysis. Dax June beat the all time high at 16275/295 & made it to the next target of 16370/390 with a high for the day…
-
MORNING MINUTE EQUITIES, FUTURES & OPTIONS MAY 22nd
POLITICAL DEADLOCK WITH DEBT CEILING ISSUES ALONG WITH POTENTIALLY MORE HIKES DOESN’T SEEM TO DETER THE STOCK MARKET BULLS, BUT SHOULD THEY BEWARE?
-
DAY TRADE IDEAS MAY 19th
Emini SP 500, Nasdaq, Emini Dow Jones 19 May, 2023 Emini S&P June has broke above strong resistance at 4200/4210. I have to take this as a buy signal. Nasdaq June beat resistance at the 100 week & 500 day moving averages at 13460/480 for a buy signal & we have hit my target of…
-
MORNING MINUTE EQUITIES, FUTURES & OPTIONS MAY 19th
With less than two weeks to go before the US runs out of cash, optimism is building that both sides of Congress will come together to prevent the unthinkable. Policymakers in Washington hinted yesterday that a bill to raise the US debt ceiling may be put to a vote next week. This encouraging development spurred…
-
END OF DAY REPORT EQUITIES, FUTURES & OPTIONS
A slew of hawkish Fed speak caused money markets rates to creep up to a 40% implied June hike while we still await a resolution to the debt ceiling debacle
-
DOOMSDAY SCENARIO, Here’s what could happen if the debt ceiling is breached ?
WHAT IS THE DEBT CEILING EXACTLY? The whole concept of a debt ceiling itself was built by federal lawmakers during World War One. It gave the U.S. Treasury the ability to issue bonds without congressional approval, but only if the total debt of the federal government stayed under a specified “ceiling”. Now every government has…
-
DAY TRADE IDEAS MAY 18th
Emini SP 500, Nasdaq, Emini Dow Jones 18 May, 2023 Emini S&P June broke out of the 60 points range & should meet strong resistance at 4200/4210 again. I am watching to see if a head & shoulders forms on the short term chart, but the neck line is at 4055/4050, so it could be…
-
MORNING MINUTE EQUITIES, FUTURES & OPTIONS MAY 18th
optimism is abound about a deal being reached on the debt ceiling and with the US set to run out of money in about two weeks, a deal must be struck soon to avoid total disaster
-
Good news on the debt ceiling negotiations, which lent to a very risk on tone with the S&P rallying 1.25% and rates taking note of the hawkish sentiment from the Fed speakers to push higher to day too.
-
DAY TRADE IDEAS MAY 17th
Emini SP 500, Nasdaq, Emini Dow Jones 17 May, 2023 Emini S&P June remains trapped in a frustrating, volatile, trendless sideways pattern, holding a range of just 60 points last week & only 36 points so far this week. Frustrating but I just cannot find opportunities in these conditions. I am watching to see if…