Hey Folks, markets are really off to a very strong start in 2019. This week’s Sound bites: The markets are coming off its best first two month of the Year since 1991; but of course this is also coming off the worst December since 1931…as a result of the bounce as we kick off 2019...
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Look for our new Learning Management Website coming soon… • This past week the DOW notched its 9th straight weekly gain (16% cumulative) which is the longest winning streak since 1995 and a rare “V” pattern is all but complete from a technical perspective…but this advance has been...
Hey everyone, what price action we are seeing. Clearly the sentiment is more bullish in Q1 2019 vs Q4 2018…but we have a lot of things to watch out for. My Weekly Sound Bites! • The S&P 500 edged up and finished the week essentially flat finishing 0.05% higher. The Dow slumped 63.2...
Hey Folks, as we round off the first month of 2019 we saw records breaking everywhere and mostly to the upside! Remember the old adage, “So goes January, so goes the Year” did not work well in 2018 as we saw markets open up with a flourish only to falter big time in the fourth quarter. So...
Hey Folks, I hope you are all having a great start to the 2019 Trading Year! Granted, I am sure many of you missed a good deal of the run off the Dec 26th lows for fear of another roll over in price action but those that were able to climb aboard have done very well. Now we have moved up...
Hey Folks, we have a nice long holiday weekend for the US markets with Equities closed on Monday for Martin Luther King Day. We will see action in the Futures markets with Globex opening normal time Sunday evening at 6 PM ET and then closing the following day at 1 PM ET with a re-open at...
Hey Everyone! As we kick off 2019 we are seeing some interesting moves in price action and I am sure most folks would like to see where we are going from here? We need to be very careful with any moves higher off our December lows. Take a look at my take in this week’s weekly round-up...
Hey Folks, I hope you all had a wonderful year end holidays with family and friends. Now we are back for another new trading year where we prepare for the coming twists and turns price action will no doubt cast upon us! I wanted to just quickly recap for you my thoughts on 2018 below and...