Crude Oil Makes New Lows: When Will The Selling End?
Another week is upon us and the story for Crude Oil continues to be more of the same: crude oil new lows. The collapse...
S&P 500 Opens Lower: Where Will Buyers Show Up?
The S&P 500 opened the week lower, as futures reversed course into the cash session. But if the current Elliott Wave count that I have is...
WYNN Resorts (WYNN): Stock Chart Oversold, But Broken
I recently spent some time in Las Vegas attending the Consumer Electronics Show (CES), one of the Strip’s largest shows of the year. Guest attendance...
Weekend Market Commentary: $IWM $GLD $IYR Stocks And Student Loan Debt
Big Picture News Snippet:
I really want to put on my jaded hat and get pissed off like the old man I aspire to become,...
Trading Setups: It’s All About The Oil
While I consider myself to be primarily a futures index trader, how could I not pass up the thought that as the indices chop...
Is The US Dollar Ready To Change The Financial Landscape?
There has been a lot of currency chatter around the US DOLLAR and EURO of late. Why? Well, because both currencies have made strong moves...
Russell 2000 Bounces; Traders Eyeing Overhead Resistance
Earlier this morning, several traders (including myself) noted that the Russell 2000 bounce was lagging other major equity indices. Why would this be important?...
Inflation, Deflation And The Inflationistas Ironic Victory
Seinfeld: “Aww, you’re crazy”
Kramer: “ Am I? Or am I so sane that you just blew your mind?”
Somewhere in America, a very observant 11-yr...
3rd Worst Santa Claus Rally Since 1950: Reason For Concern?
With the markets posting another year of solid gains, many investors relaxed heading into December. After all, the setup for December seemed to be 'piece of...
USDJPY: Will This Reversal Pattern Trigger A Pullback?
The USDJPY currency pair has been a great momentum play for currency traders over the past 2 years, as it has risen from the...
