$PINS finally breaking through some major resistance.
The price for a barrel of oil is over $100 a barrel and keeps going higher. Will oil prices keep going up or are we do for oil prices to go down.
My Swing Trading Approach I took profits in my trade in Visa (V) for a +2.4% profit yesterday, and added another swing-trade later in the day. Holding +7% in profits with Netflix (NFLX). I don't expect to add anything today ahead of the G20 Summit, but instead will look to add more swing-trades, if the
My Swing Trading Approach Futures are up. I like my short positions that I have, I don’t trust the bounce one bit, so I’ll likely move to neutralize my portfolio bias, with additional longs, if the bulls decide to run with this today.
Technical Analysis: The S&P 500 (SPX) did little to nothing on Friday as price maintained the status quo while also upholding support at the August 2016 highs. There exists still the potential for a test of the 20-day moving average. Volume on SPDRs S&P 500 (SPY) fell for a second consecutive day, and came in below recent averages. Overall,
Technical Analysis: Futures taking a notable dip this morning, though it has recovered about 2/3’s of its losses, as the S&P 500 and Nasdaq had actually limited down during the election coverage last night. With Donald Trump as the President-Elect, I highly expect the Fed to raise rates in December, since Yellen isn’t beholden to
I can’t go to sleep – I just can’t. I mean c’mon, how often do you get to see SPX futures down 100 points, circuit breakers triggering, Dow futures down over 600 points, among other things. I don’t have any positions going into tomorrow. I sold my one long position and covered my one short
Bit of a snooze fest as the bears are creating some weakness overnight. It’ll be interesting to see whether the trend of late continues where the bulls rally off of the overnight lows. I’m not expecting a lot of action out of the futures tonight. Just look at the volume levels on the daily chart
For the sake of all things sacred, have this market do something significant! Something that matters! Because for the past two years this market has been a worthless heap of crap that can't trend in any direction that can be sustained for any significant amount of time. While I manage to still profit off
Quick glimpse at how the market is playing right now following the hard rally earlier today. All is quiet, nothing is really moving. Europe opens up in a bit and that may breath some life into this market for better or worse. Here’s the futures: