• Technical analysis and trading video Rough day for these markets, but it could be a lot worse. Overall, I'd say the bulls have done a decent job of keeping the losses under control. Expect more volatility though if there isn't any progress on the fiscal cliff talks next week.  Also, don't forget that the markets

    |December 21, 2012|0 min read|
  • Pre-market update (updated 9am eastern): Europe is trading 0.1% higher. Asian markets traded -0.3% lower.  US futures are flat ahead of the open.  Economic reports due out (all times are eastern): GDP (8:30am), Jobless Claims (8:30am), Corporate Profits (8:30am), Existing Home Sales (10am), Philadelphia Fed Survey (10am), FHFA House Price Index (10am), Leading INdicators (10am), EIA

    |December 20, 2012|1 min read|
  • Pre-market update (updated 9am eastern): Europe is trading 0.5% higher. Asian markets traded 1.4% higher.  US futures are slightly higher.   Economic reports due out (all times are eastern): MBA Purchase Applications (7am), ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), S&P Case-Shiller HPI (9am), Richmond Fed Manufacturing Index (10am), State Street Investor Confidence Index (10am) Technical Outlook

    |December 19, 2012|2 min read|
  • My potential swing-trading setups I’m watching We are about 30 points off of the lows that were established on Friday, so I wouldn’t be overly surprised if we pulled back even if it is just intraday before marching much higher again. It’s also the reason why I have been hesitant to add any new long

    |December 18, 2012|1 min read|
  • Pre-market update (updated 9am eastern): Europe is trading 0.4% higher. Asian markets traded mixed, but overall +0.5% higher.  US futures are slightly higher.   Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45am), Current Account (8:30am), Redbook (8:55am), Housing Market Index (10am) Technical Outlook (SPX): Huge day for the SPX yesterday, putting

    |December 18, 2012|1 min read|
  • Pre-market update (updated 9am eastern): Europe is trading 0.3% lower. Asian markets traded in a wide range from negative -0.4% up to +0.9%.  US futures are slightly higher.   Economic reports due out (all times are eastern): Empire State Manufacturing Survey (8:30am), Treasury International Capital (9am) Technical Outlook (SPX): We’ve seen the market pullback for

    |December 17, 2012|2 min read|
  • Pre-market update (updated 8:00am eastern): Europe is trading 0.2% lower. Asian markets traded between break even up to +0.7% higher.  US futures are flat.  Economic reports due out (all times are eastern): Consumer Price Index (8:30am), PMI Manufacturing Index Flash (8:58am), Industrial Production (9:15am) Technical Outlook (SPX): We saw an orderly and continued pullback off

    |December 14, 2012|2 min read|
  • Pre-market update (updated 8:00am eastern): Europe is trading 0.2% lower. Asian markets traded 0.5% higher. US futures are slightly higher. Economic reports due out (all times are eastern): Jobless Claims (8:30am), Producer Price Index (8:30am), Retail Sales (8:30am), Business Inventories (10am), EIA Natural Gas Report (10:30am),    Technical Outlook (SPX): Yesterday the SPX had what looked

    |December 13, 2012|3 min read|
  • Pre-market update (updated 8:00am eastern): Europe is trading 0.2% higher. Asian markets traded 0.6% higher. US futures are slightly higher. Economic reports due out (all times are eastern): MBA Purchase Applications (7am), Import and Export Prices (8:30am), EIA Petroleum Status Report (10:30am), FOMC Meeting Announcement (12:30pm), FOMC Forecasts (2pm), Treasury Budget (2pm), Bernanke Press Conference (2:15pm)

    |December 12, 2012|2 min read|
  • Pre-market update (updated 8:00am eastern): Europe is trading 0.4% higher. Asian markets traded 0.2% higher. US futures are slightly higher. Economic reports due out (all times are eastern): FOMC Meeting Begins, NFIB Small Business Optimism Index (7:30am), ICSC-Goldman Store Sales (7:45am), International Trade (8:30am), Redbook (8:55am), Wholesale Trade (10am),   Technical Outlook (SPX): SPX advanced

    |December 11, 2012|2 min read|