• Futures are up solid this morning, and we look poised to snap back after a day of selling yesterday. Asian and European markets are up on an average of 1% which is boding well for us also in the early going. A couple of reports out this morning with the Redbook and House Price Index

    By |Published On: September 22, 2009|0 min read|
  • There is actually a descent amount of weakness this morning in the Futures with the Dow, NASDAQ, and S&P each down 59, 13, and 8 points respectively. Overseas markets saw some weakness too but nothing major. The biggest factor in this mornings selling is oil which is down over 2%, as I speak, due to weak demand.

    By |Published On: September 21, 2009|1 min read|
  • It is going to be a quiet morning as there is no major reports due out today. Futures in Asia were down slightly while Europe is essentially trading flat. Futures have a slight positive bias with the Dow, Nasdaq, and S&P up 10, 2, and 1 point respectively. Today is what they call quadruple

    By |Published On: September 18, 2009|1 min read|
  • Slight bias in the futures heading into the open. Dow is up 19, Nasdaq is up 1.25, and the S&P is up 1.0. Markets in Asia were up over 1.5% while European markets are currently trading in the positive. The big reports for today is going to be Housing Starts, Jobless Claims, and the

    By |Published On: September 17, 2009|1 min read|
  • We had the Consumer Price Index report come out this morning, but no major effect on the direction of future. Heading into the open, the markets are looking strong across the board. Gold continues its tear, and Oil is holding steady. After the market calms down this morning, and if it holds its gains, I’ll

    By |Published On: September 16, 2009|0 min read|
  • Futures are in positive territory heading into the open. A couple of big reports out today – Retail Sales and the Producer Price Index. Both of them will impact the direction of the market, but Retail will probably carry the most weight between the two. I put a new swing trade out there this morning

    By |Published On: September 15, 2009|1 min read|
  • Alrighty, I’m ready to get a full week of trading under my belt after a nice relaxing vacation last week in the Caribbean. With that said, futures are showing some profit taking in the early going. We seem to have huge sell-offs in roughly 2 week increments of late. Not sure if we’ll see the

    By |Published On: September 14, 2009|1 min read|
  • I’m back from my mini-vacation to the Caribbean and I feel rather rejuvenated to take on this market and bring in some solid returns between now and the end of the year. So let’s have at it. I was only away for two of the trading sessions and the market and its behavior has definitely

    By |Published On: September 11, 2009|1 min read|
  • Futures are hovering around the flat line this morning after regaining some ground as a result of better than anticipated Mortgage application activity. Although I don’t put a lot of weight on these numbers, because of the implied volatility and inhertent inconsistencies, there does seem to be an underlying firmness to mortgage refinancing and buying in the

    By |Published On: September 4, 2009|1 min read|
  • Markets are slightly up this morning – Dow up 20, S&P up 3, and NASDAQ up 5. We have the big jobs report today at 8:30am, so what ever the futures are showing right now is irrelevant until that jobs number comes out, at which time the market is likely to see a big swing

    By |Published On: September 4, 2009|1 min read|