• Today’s Trading Plan: Direction From Here

    Technical Analysis: The Federal Reserve raised interest rates yesterday by a quarter point. Initially the S&P 500 (SPX) tried to rally on the news but quickly gave up its gains on the day to finish 0.8% down on the day.  SPX also managed to close below its 5-day moving average for the first time since 12/2

    |December 15, 2016|2 min read|

  • Today’s Trading Plan: Rate Day

    Technical Analysis: The S&P 500 (SPX) keeps marching higher with little resistance to counter its momentum, rising another 14 points towards the goal of 2300.  Even more so, the Dow Jones Industrial Average (DJIA) is up 22 of the last 26 days (over 84% win rate) and has made new all-time highs 7 days in a row.  Despite

    |December 14, 2016|2 min read|

  • Today’s Trading Plan: Eyes Turn to Yellen and Rates

    Technical Analysis: S&P 500 (SPX) took a breather following the previous day’s gains. Despite selling off, the market only finished 3 points lower, and formed a doji candle inside the previous day’s candle body.  The 5-day moving average held up well yesterday following a test of it. The last four trading sessions have seen tests and

    |November 17, 2016|2 min read|

  • FOMC Statement 11/2/16

    Information received since the Federal Open Market Committee met in September indicates that the labor market has continued to strengthen and growth of economic activity has picked up from the modest pace seen in the first half of this year. Although the unemployment rate is little changed in recent months, job gains have been solid.

    |November 2, 2016|3 min read|
  • tlt reasons to buy the 20 year treasury bond

    4 reasons to consider buying TLT right now.

    I’ll keeps this post brief and let the chart do the talking… 4 reasons to consider buying TLT right now. 

    |March 9, 2016|0 min read|