Morning Write Up
Hurt Feelings Hurt Feelings There is absolutely nothing here to work with. After a pretty devastating move to the downside on Friday the market is just slowly creeping back up here this… … Happy Monday/Tuesday Happy Monday/Tuesday Welcome back after the long weekend, and hopefully you are rested and ready to go. The markets are kicking off with a little bit of volatility for us… … Where’s Wally Where’s Wally Depending on what part of the world you are from you might remember this as Where’s Waldo instead of Wally. Waldo, Wally, Timmy, Charlie or any other name… … No Volume No Volume We saw similar volume yesterday which is basically no volume at all. Another day less than 100k contracts traded is insane to me given that just a week… … Light Volume Tuesday Light Volume Tuesday Markets this morning are pretty light on the volume side of things. We are looking at just over 102k contracts traded so far this morning, and a… … Distraction Week Distraction Week It has been another insane week of distractions for me that kept me away from the desk on Tuesday, and while we had a big move on FOMC… … FOMC Day FOMC Day The markets I would say are waiting in limbo for FOMC, but at the moment the NQ has rallied back 425 points, and is currently up over 2%… … It’s All Happening It’s All Happening One of the big pieces of the plan from this week was a big gap down on earnings that leads us into the 5537.25 level for the… … Tough Decision Tough Decision Markets this morning are in a very tough spot to make a decision from. Could we see some continuation higher and work back some of the move from… … Earnings Week Earnings Week What can we expect for this upcoming week? Well we have a busy week ahead with earnings. Names including $TSLA $GOOGL $CMG $IBM and many more. At the… … Gold Rush Gold Rush There really isn’t much to talk about this morning for the indices or individual names. ES has traded less than 110k contracts worth of volume this morning so… …
Powell Speaks Powell Speaks As we sit down at the desk this morning, and look at the overnight action with an economic calendar on the screen the charts start to look less… … Finesse Finesse Trading today will likely require a little bit of finesse and a whole lot of patience. Volume looks good on the day, and we have 10am news on the… … Data Gathering Data Gathering This is looking like a SOH type of day, and to not get trapped into anything. A short write up this morning it is, because there is nothing… … Dow Jones Dow Jones The market is a bit weird this morning to say the least. Here is what I’m looking at. As of this writing we have: ES -0.09% NQ -0.35%… … Change of Plans Change of Plans When checking quotes last night we were trading around here at about 5567 or so, and then at some point overnight we saw a massive spike and… … ATH Again ATH Again Wow! Yesterday was a massive move across the board, and the question for today is whether we will see some continuation of that move, or do we just… … Weird Week Weird Week Welcome back for another week of trading in 2024, and I have to say this week feels a little weird. It’s the following week after FOMC, and I… … Entry Finesse Entry Finesse Today has that look to it at the moment, but it’s going to take some finesse on the entry I believe. At the moment we are getting a… … SOH SOH The way in which I thought charts were going to setup into today has kind of happening, but this overnight action in the markets is throwing me off for… … Big Gap Big Gap With some sideways choppy OPEX style action yesterday this gap down this morning is going to hit some people by surprise. At the moment we have over 200k… … PPI Spike PPI Spike We had an 8:30am news announcement today, and that has given us some reactions to work with here this morning. More importantly it brought some volume with it… … No Levels No Levels Markets are in a tricky spot. There really isn’t much to say here, but somehow volume after last week has just dropped straight off a cliff. Only 130k… …
Conflicted Direction Conflicted Direction Post FOMC hangover looks to be setting in. The market doesn’t look great this morning, but if we can get a trend going in either direction then there… … RTY The One RTY The One Markets are getting a little feisty here this morning, but it's very isolated. The first thing that stands out to me at the moment is that overnight… … Rally Then Drop Rally Then Drop Bear market rallies can be aggressive, and that is what I think we saw yesterday. It’s hard for me to think that the market just turns from… … Earnings Week Earnings Week Markets are in earnings mode, and that will be a big focus for the week, but we do have some volatility in the indices, and some opportunities that… … OPEX Things OPEX Things As we head into the end of the OPEX week here I’m starting to get a bit more protective of my capital here. We also officially kicked off… … Tough Spot Tough Spot Markets are in a tricky spot here as we come into the trading day. At about 2am we sold off pretty aggressively across the board, and since then… … I’m Back I’m Back Well in typical market fashion we see some absolutely crazy moves while I’m gone. This time of course being no different, and the question now becomes whether we… … Light Volume Trap Light Volume Trap I think there is possibility on the board today, but at the same time it also looks a bit like a trap. If we look out into… … Ease In Ease In After taking a week off from the charts, my goal this week is to just ease back into the markets, BUT the markets aren’t making that easy. In… …
Light Volume Holiday Week Light Volume Holiday Week Monday was a pretty slow trading day after the first hour of the day. Today could possibly be the same thing, and the one thing I’m… … Happy Friday! Happy Friday! What a tricky week. There were some really good opportunities on the board, but at the same time they also felt elusive with having FOMC smack dab in… … FOMC Tomorrow FOMC Tomorrow As we suspected yesterday ended up being a gap up that was ultimately a trap just before FOMC. That gives us the question of whether today is a… … Pre FOMC Trap Pre FOMC Trap As we kick off a new week, and a big week at that with some pretty important news set to come out later in the week I… … OPEX Friday OPEX Friday As if OPEX wasn’t already enough we are looking at the futures roll, and also what is known as Quad Witching. The last thing you want to do… … Could Be Better Could Be Better All eyes were on the 8:30am news announcement from today, but it really just left us right back in the same position we were before the news.… … OPEX & Futures Roll OPEX & Futures Roll Welcome to Monday morning trade on a OPEX & Futures rollover week. This is not my favorite week to trade, and it only happens 4x a… … Weird Gap Weird Gap Into the end of the day yesterday we were looking weak and retesting that 5098.75 level in place, and even traded a bit under it last night in… … Gap Up Gap Up Markets are getting an impressive gap to the upside, but it’s just a little too big this morning. 10 or 15 points lower in the ES would have… … No Levels No Levels The markets are getting a decent gap down this morning, but it’s right into the middle of nowhere basically. Volume is good with over 190k contracts traded, but… … More Data More Data At the moment on a Monday morning I don’t see anything that has me sitting on the edge of my seat screaming at me to trade it. On… …
End Of The Month End Of The Month February is coming to a close today, and in pretty grand fashion I might add. We are getting a pretty hefty gap to the upside across… … What To Do What To Do If we could get a gap about 3x the size of what we are currently working with today then I think the charts would look much better.… … Which Index Which Index As we come into Tuesday morning here there are a couple things standing out to me, and what I think is a bit of a potential storm brewing.… … Monday Morning Monday Morning This looks like one of those days where it would be extremely easy to get in trouble, and doing that on a Monday Morning is probably not the… … Targets Hit Targets Hit Markets are getting a massive gap to the upside today in everything except for the RTY. What is it trying to tell us or is this just so… … Whipsaw Wednesday Whipsaw Wednesday Markets are in a bit of limbo here this morning. Will the weekly chart get a much needed pullback, or does this daily chart try to hold on,… … 4 Day Weekend 4 Day Weekend? As we come into a short 4 day work week I’m also tossing the idea around that we turn the 3 day weekend into a 4 day… … Make Markets Great Again Make Markets Great Again The title today says it all. It looks like the market gave it all it had yesterday, and even with news @ 8:30am we couldn’t get… … Gap Over Red Gap Over Red Markets are getting a gap over the red bar from yesterday, and it looks like that pullback yesterday is all we are going to get. Volume looks… … Don’t Marry Direction Don’t Marry Direction Wow! Markets are moving a good bit this morning. I wasn’t thinking we would see quite this large of a move from the CPI data, but here… … 5k ES 5k ES This could be the worst possible gap up for us here this morning. ES is pushing right up into 5k, but the support level that we would be… … No Plan No Plan I have no plan this morning. This RTY/NQ difference this morning is keeping me away. … Stuck Stuck I’m not entirely sure where to go from here with the markets. At the moment I’ve been scanning and watching this morning, and here is what I see. $NVDA… … January Over January Over Markets are getting a bit of a gap up this morning, BUT the YM is weak. This is the opposite of yesterday's action, and I’ve been scanning here… …
FOMC Day FOMC Day Today would be one of the best looking days of the week IF we didn’t have FOMC coming up later today. One thing I’m watching here this morning… … $NFLX Running $NFLX Running Markets are getting a pretty aggressive gap this morning to the upside. With a daily 1-2-3 in place, and a continuation on the weekly chart it doesn’t really… … No Levels No Levels As we come into the most active earnings week of the year so far I’m taking myself a big deep breathe and then taking a look at the… … Simple Plan Simple Plan The goal of today is to not over complicate the plan. The KISS method is perfect for today. Keep It Simple Stupid Volume is good across the board,… … Make or Break Spot Make or Break Spot Markets this morning, are in a bit of a tricky spot, and it’s make or break here. After a front run of the level yesterday in… … RTY Tha One RTY Tha One Happy Monday/Tuesday Traders With the markets closed yesterday we are looking at a short 4 day week. I put a little note about this at the bottom… … Russell Day + 3 Day Weekend Russell Day + 3 Day Weekend Markets are looking a little suspect this morning, or ‘sus’ as the youngins would say. We had some banks report this morning, and so… … CPI Chop CPI Chop Markets are in a very weird spot right here, and given that I think today has the potential to be really sloppy. RTY is the weaker market by… … Bitcoin ETF Bitcoin ETF Markets are looking pretty boring here this morning. ES is sitting at basically unchanged, and volume overnight has been fairly light at only 152k contracts traded so far… … Commodities Commodities As we kick off a new week here I’m taking a look at the strength we see out of the NQ and weakness in the YM. This is the… … No Levels & Data No Levels & Data At the moment we are trading about 3-5 points under the close from yesterday here in the ES. Volume is thru the roof which makes sense… … Long or Short Long or Short In the free video the other night I mentioned that I would love a bit of a normal market where the indices move together. At the moment… … Daily Hold Daily Hold Markets are continuing the selling pressure for the 2nd trading day of 2024. I have a bigger focus on the indices right now than individual names, and the… … New Year, New Markets New Year, New Markets Welcome to 2024! 2023 was a year, but so far 2024 is shaping up to look like it will be some fun. We are getting a… …
Jingle Russell, Jingle Russell Jingle Russell, Jingle Russell I am keeping it about as simple as possible today. There is 1 index that I like here this morning, and 1 individual equity. RTY -… … Santa Checking His List Santa Checking His List The markets haven’t had a down tick in the last two months here now, and we are coming into the last full trading week of the… … Follow The Plan Follow The Plan Markets are getting a pretty impressive gap up this morning after a pretty ugly daily candle from yesterday. The question I’m asking myself here this morning is… … No Love No Love We are getting a decent size gap up this morning across the board, but there is nothing that I love here. Downside targets were never hit and now… … Downside Targets Downside Targets Market is in a very interesting spot here, and we have some conflicting indices. In the free video last night I pointed this out between the RTY, YM… … New Month, Last Month New Month, Last Month It is the last month of the year, but it is also a fresh month for us as traders. At the moment it’s starting off with… … Gap N Go Gap N Go Markets are getting a nice gap up this morning, and the question here is whether we get a pullback this morning to long. The gap up could… … Cyber Monday Cyber Monday The 4 day weekend has officially come to an end, and the markets are already moving. Names like $AMZN & $SHOP are wasting no time packing on the… … $NVDA The One $NVDA The One Tomorrow is Turkey day which means today we aren’t going to be a Turkey. No dumb stuff allowed. Now that we have an agreement on that then… … Today is not THE day Today is not THE day Read the title again. There is possibly something to do here today, but at the moment I’m not finding it. A couple of earnings names… … 16049.50 16049.50 It’s Friday & if that wasn’t enough it’s also OPEX which means that we want to be a little more cautious on a potential chop day as the markets… … CPI Wow CPI Wow Well my morning plans went out the window about 30 minutes ago when the news was released. Everything was looking really good for a mild reaction that could… … Like Not Love Like Not Love This week is starting off pretty slow, and there is nothing wrong with slow, but make sure that we just keep in mind where we are on… … Slow Monday Slow Monday There isn’t much to write about this morning. It’s 9:15am and the ES futures just ticked over 171k contracts traded in the overnight session. Today looks like one… … Safe To Get In The Water Safe To Get In The Water In the chat yesterday we were breaking down the potential here for this gap up, and what it might mean in the minds of… … FOMC Day FOMC Day We have a pretty busy schedule on the day when it comes to red impact news folders. 8:30am gave us a nice pump even though the news was… …
Happy Halloween Happy Halloween Is the market going to give us some treats today or is it all tricks? Nailed it. Taking a look at the overnight action here we were able… … Cautious Longs Cautious Longs When I was checking quotes last night and the market was printing down around 14300 for the NQ I was really thinking today had some potential. Now that… … Thoughts Some initial thoughts from the brain: NQ & ES I could very 'easily' see a collapse type of day, but at the same time if we spiked under the lows… … Trigger Shy Trigger Shy With the impressive move from yesterday I’m coming into today a little bit trigger shy. I ‘should’ have some nice cushion on the week already, but I don’t.… … Ugly Charts Ugly Charts It is Monday morning after a pretty impressive move lower to finish off the week. Will we see continuation lower today from this gap down, or does some… … No Traps No Traps Market here is looking like it wants to pull the 1-2 snatch your money on us this morning. I’m not a big fan of that game personally, so… … Short Entry Short Entry I would like to say that I’m surprised by another decent sized overnight move, but I’m not. With that front run of 15031.50 yesterday it would make sense… … Nasdaq Weak Nasdaq Weak When I started scanning this morning $NVDA was trading up around 454 and now it is currently trading at 441. Today sort of feels like one of those… … Ready, Set, Wait Ready, Set, Wait This is how I feel the market is acting this morning. Earnings are basically here, and while yes we do have good volume in the overnight session,… … Nothing Burger Nothing Burger Today is one of those days where it has the potential to be absolutely nothing, or if we just happen to get a trend going there is a… … 4th Day Of Nasdaq Rally 4th Day Of Nasdaq Rally As we come into the trading day I’m looking at these past 3 days worth of movement, and it’s been pretty impressive to say the… … 3rd Time Charm 3rd Time Charm Markets are coming into today relatively flat after 2 pretty impressive ranges. Will we see continuation today up into those targets for the 3rd day in a… … Simple Plan Simple Plan I really thought coming into today we would have a simpler day to work with, but of course the market is throwing a wrench into it here. I’m… … Lower To Higher Lower To Higher On Sunday night I put out the plan that we likely needed to go lower early on this week in order to be able to rally back… … Q4 Q4 We are getting a little bit of selling pressure here to start the week/month/quarter. Is this a sign of things to come for the end of the year or… …
Targets Hit Targets Hit Shall we fight the market strength this morning and attempt shorts from the target level, or do we let that strength prove itself even more and try to… … Uno Reverse or Drop Uno Reverse or Drop Markets are prime this morning to pull that Uno reverse on everyone from yesterday, and get a rally back. Which could lead into a couple day… … Yard Work Or Trade Yard Work or Trade We have a couple of different options today. However I think the better option is to stay away from the markets. Markets are getting a pretty… … Black Monday Black Monday While we are getting a gap down this morning I don’t think it’s anything major just yet. However if we do crack 14805.25 today in the NQ and… … Annihilated Annihilated This was the word of the day from Friday, and we are keeping the tradition alive going into the end of this week…I hope. Fingers crossed we can see… … FOMC Day FOMC Day It’s currently 9:02am and the ES has only traded 127k contracts this morning. Even if this wasn’t an FOMC day I would be sitting back in my chair… … Pre FOMC Pre FOMC IF there was something better for me to write today then I most certainly would do it. What are we to do with a market that has only… … It’s Monday It’s Monday If I tried to be even more laid back on the day I might as well just hit the floor. It’s a Monday morning after a rather brutal… … OPEX Day OPEX Day Say it with me. “No hero shit today.” Today is not the day to go messing up your week, trying to make your week or just doing dumb… … No Interest No Interest We have a market that acts like it wants to run away today to the upside. After a couple days of consolidation I wouldn’t be surprised to see… … Markets Moving Markets Moving With some data coming out this morning @ 8:30 I have been sitting back for a bit this morning, and waiting for the dust to settle. It turns… … Failure From Higher? Failure From Higher? In the Sunday Stock Talk I mentioned the possibility that IF this market was going to go higher we likely tested lower first, and I would be… … Twiddle Thumbs Twiddle Thumbs When I sat down last night to do my homework for this upcoming week I didn’t have this big of a gap up on Monday morning on my… … Friday Fudgery Friday Fudgery You like that title? I think it might become a staple in my vocabulary now. It was a short week, and so far the market has decided to… … Doomsday Doomsday Markets this morning are bright red. Anybody looking to step in and buy that dip yesterday is having themselves a questionable morning, and here is the likely scenario. We… … Level Hold or Not Level Hold Or Not As the market was pulling back yesterday in every index, but the NQ I was looking at the possibility that we would gap down under 4497.50… … Holiday Trading Holiday Trading It is extremely relaxing when we get an extra day off, because of the holiday markets, but at the same time when we come back to the desk… …
End of Month End of Month August has certainly been an interesting month, and as we come into the last day of the month I think it’s important to keep in mind that… … Market Continuation Market Continuation With an impressive rally on our hands from yesterday it is no surprise to see a bit of a quiet open here this morning. This is however exactly… … End of Month End of Month In the Sunday Stock Talk last night I wrote about how IF we were going to fail this week, and go lower it would be from higher… … Sympathy Plays Sympathy Plays With an impressive rally yesterday out of the market it is no surprise that we are getting a bit of a gap up here this morning. What will… … Always Tomorrow Always Tomorrow Today is looking like that concert or family gathering that you don’t want to go to, but the Wife is making you. Then when you are walking in… … Next Trade Next Trade Well Monday kicked off with a little bit of excitement between $PANW making a really nice move, and the $SPY trading right down into that 435.55 level with… … Earnings End Market Plan The full plan for this week was posted as a Sunday Stock Talk below. Earnings End It is officially/unofficially the end of earnings season this upcoming week. The… … Daily Bounce Daily Bounce Targets have been hit. 4422.75 so graciously decided to enter the chat yesterday, and today we get to take a break.This was a key level for the overall… … Downside Targets Downside Targets We haven’t seen a daily downtrend in quite some time, and I have a feeling that this action over the last two weeks has been pretty brutal for… … Double DNTZ Double DNTZ Markets after an impressive rally yesterday are looking less than ideal this morning. Prior to the 8:30 news we had almost erased the entire move in every index,… … Data Gathering Monday Data Gathering Monday As we kick off the final ‘real’ week of earnings here it looks like the market is struggling just a bit. In the overnight session we traded… … 1st Day Back 1st Day Back It is my first day back at the desk, and the charts today look to be super tricky. We have traded higher, and lower with ultimately no… … Market Lost Market Lost We broke down yesterday pretty aggressively initially, but were able to rally almost all of it back by the end of the day. This is making me think… … Two Choices Two Choices The market came down and tested support yesterday, and was able to put in a pretty decent bounce which is typical. A number of traders had a nice… … Friday FOMO Friday FOMO There are some movers this morning, and today we could see FOMO at an all time high on some earnings names. Which will likely lead to some over… … Trend Change Trend Change With a quick downgrade of the US debt yesterday, and some earnings reversals ($AMD) we are now looking like the daily chart in the overall markets wants to… … US Downgrade US Downgrade Over the past few days I was talking about the move in ZB and even wrote this yesterday - “Which at some point I’m thinking has to translate… … Conflicting Gap Conflicting Gap What a choppy mess of a day we had yesterday. It makes sense, and I’m not surprised, but the gap down today is a bit of a surprise.… … HUGE Earnings Week HUGE Earnings Week With FOMC behind us, and a handful of decent earnings from last week it is shaping up to be potentially a really fun week. We have a… … Uno Reverse Reverse Uno Reverse Reverse Well I can’t say that I expected to check quotes this morning, and we would be green on the day. A small gap up would make some… … Big Gap Big Gap This was one of the things I talked about yesterday in Discord is that I thought we would get a big gap in one direction or another, and… … FOMC Day FOMC Day As we come into today the biggest thing we have on the radar is the FOMC Statement later today. Typically FOMC days will get a bit of movement… … No Volume No Volume I would like to say that I’m surprised today, but the action we are looking at makes sense. It’s 9am and the market opens in 30 minutes and… … Busy Week Busy Week The title for the Morning Write Up today is ‘Busy Week’, but the next line should read “But a slow start”. As we come into this week we… … Could Be Better Could Be Better When I did the free video last night I really liked a couple of things for today, but somehow $NFLX decided to bounce from the 431 level… … Cross Eyed Cross Eyed I’m trying to consolidate my list down for today, and everytime I’ve scanned this morning there has been more to watch. $CVNA $GS $SNOW $PANW $SCHW just to… … The Bait The Bait Today is giving me ‘The Bait’ vibes, and I have to say that I don’t really like it. I’ve been scanning for about an hour this morning, and… … Earnings Start Earnings Start We have been patient long enough, and it is now finally time for earnings season to start. It’s kicking off in a pretty big way as well with… … Dow Jones Dow Jones What a crazy week. I expected there would be something to do, but there have been some insane movers every single day this week, and catching even just… … Nothing Perfect Nothing Perfect There are a number of things moving this morning, but nothing that is perfect. Volume across the board is good, but I’ve spent the last almost hour scanning… … CPI Good CPI Good I have absolutely no idea what the CPI numbers came out at or whether it would be good or bad. The market however is liking the action and… … $CRM Today $CRM Today Markets are trying to runaway from us today, and more specifically I’m just talking about $CRM here. We are getting a little bit of a gap up out… … Earnings Jitters Earnings Jitters I’m starting to feel myself getting a little bit of excitement here. Earnings season is just a couple of days away, and it’s like the day leading up… … FOMO Selloff FOMO Selloff This is looking about how I expected. Hard rally on ‘Monday’ morning that is really a Wednesday after a holiday weekend that decides to get a nice pullback… … Short Holiday Week Short Holiday Week Did we all have a good holiday weekend/week? As we get ready to kick off the week here on a Wednesday there's obviously something I have to… …
June Out June Out The last day of June and we are getting some movement here this morning. 8:30am news has sent the market higher here, and we are getting close to… … Weekly Chart Weekly Chart The markets are moving here in premarket, and normally movement is a good thing, but this action seems just a bit different. Bonds are moving lower aggressively this… … Simple Simple Simple Simple Simple Simple The market is getting a small gap down this morning after a pretty impressive run yesterday from those lows. Which unfortunately is exactly what we didn’t want… … Trap Set Trap Set The vast majority of traders yesterday were caught completely off guard by the selling pressure that took place out of the Nasdaq. We did see some selling in… … Trend Flip Trend Flip As we come into a new week we have a couple of things to look at from last week that will be the deciding factor for what we… … Uno Reverse Uno Reverse How many people this morning are completely shocked by this gap down? I would venture to say quite a few. After an impressive rally yesterday out of the… … 4392.50 Or Nothing 4392.50 Or Nothing Market are being a little finicky here this week. We had the chance to hold yesterday, but it decided to just consolidate sideways around the level, and… … The Plan The Plan In the Mentorship last night we were looking at the levels for the ES and coming up with a game plan for today. That entire sequence of events… … An Hour An Hour I have been scanning charts for almost an hour this morning, and I’m basically right back in the same spot I was when I started. There is nothing… … Bracket It Bracket It With FOMC yesterday we saw a pretty decent 56 point range in the ES from it. However we managed to close just 3 points away from the open… … FOMC Day FOMC Day This might be one of the biggest FOMC events of the year in terms of anticipation. Will they raise raise or lower them or any other combination of… … Runaway Markets Runaway Markets It seems like this has been a consistent theme over the past couple of weeks since we broke out of that range. Today is no different after the… … Futures Roll Futures Roll This week we have a pretty jam packed schedule. Today however is probably the lightest day of the week though. Starting on Tuesday we have CPI data, then… … Runaway Markets Runaway Markets We are getting some rather large moves here coming into today. $NFLX $TSLA $AMD just to name a few with some decent gaps to the upside. On the… … One or None One or None Today is looking like the potential trap of all traps. We had a pretty active day yesterday with multiple names to watch, and the potential for a… … Higher Then Lower Higher Then Lower I want to get excited about today, because I think there are a couple of individual equity names that have some potential, but at the same time… … Sideways Overnight Sideways Overnight Markets are extremely quiet this morning. We are looking at another 12 point overnight range in the ES on 157k contracts at the moment. That is about as… … Monday Morning Monday Morning As we sit down at the desk this morning and take a look at the overnight session it was a pretty boring one. The overall range is about… … When Hold When Hold Markets are managing to hold on here overnight, but we do still have some weakness coming out of the YM. 4199 continues to be the LIS for the… …
SOH SOH Well I had somewhat of high hopes coming into today thinking we would get some decent action for the day. It turns out that is not the case this… … 4 Day Week 4 Day Week Well the market isn’t wasting any time getting this short week started. I’ve been scanning for about an hour this morning, and I’ve come to the same… … Nvidia Effect Nvidia Effect Does anybody remember the crazy run that $TSLA had over the past couple of years? Well the new leader of this market is $NVDA and today it is… … Indices Day Indices Day If you watched the video last night I talked about finding an individual equity name that had good relative strength/weakness and that would be our focus for today.… … Mixed Markets Mixed Markets There are a couple things taking place here in this market, and I can't say that it is an easy read in either direction here. On the larger… … Travel Day Travel Day You are either sitting in one of two camps this morning. Camp 1 - You caught some of the move from yesterday, and had yourself a pretty decent… … What To Trade What To Trade These markets are not easy right now. Take a look at the ES/SPY chart over the past two months and the range is absolutely brutal, and that… … Boring Day Boring Day The markets are just now ticking over 150k contracts and we have 20 minutes to go until the bell. I’ve been scanning and scanning this morning looking for… … OPEX Week OPEX Week As we kick off a fresh week here the big thing that is at the top of the mind right now is that it is OPEX week, and… … Indices – Never Heard of Them Indices - Never Heard of Them Today is a day to look for a couple individual names that can move independent of the market, and then forget you even know… … Inside Day Inside Day Over the past couple of weeks it has been a slow start to the week, and then Thursday and Friday we get some decent trend days to work… … Crazy Action Crazy Action I have been looking at charts for a good bit of time this morning, and almost every direction I turn I see something else that I like, and… … An $AAPL A Day An $AAPL A Day Markets are getting a bit of a gap up today, and the RTY is the leader of the pack that must be respected. As of this… … Which Way Which Way As we come into today I was really looking for anything besides an open around 4090s in the ES. That puts us right in the middle of the… … Game Day Game Day Markets are about 15 minutes away from opening as I type this out. I’ve been scanning this morning for a bit, and there are a couple of names… … Data Gathering Data Gathering We are looking pretty similar to yesterday which was expected here given the FOMC announcement coming up tomorrow. It’s going to be a boring 2-3 days here I… … Start of May Start of May I really don’t have a ton to say this morning as we kick off the first trading day of May. However, I do have a couple of… …
Rest Day Rest Day Markets are getting some volume here this morning, but we have gone basically nowhere since the 6pm EST open for futures last night. $AMZN is down a small… … Above & Below Above & Below Indices are pretty mixed this morning. The 8:30am news today pushed the ES lower from it’s 4013 resistance and that just pushed NQ into it's support of… … Big Moves Big Moves Markets are moving around a bit here this morning. In almost every direction you look we have something either with a really big move to the upside or… … $TSLA Lower $TSLA Lower 225k+ contracts traded this morning for the ES. This is the type of volume that I want to see coming into a day especially when we are potentially… … Wrench In Plans Wrench In Plans Markets are getting a little bit of weakness this morning just ahead of earnings from $TSLA after the bell. Volume in the overnight is good at over… … Market Breakout Market Breakout The resistance levels above that we have been watching for the past 3 weeks now are finally not only getting tested, but getting a nice gap above them… … Slow Start Slow Start In the video I put up last night to Instagram I was talking about today being just a data gathering day, and letting the markets come to us… … Friday Trading Friday Trading I have an interest level of below 0 for this market at the moment. We have good volume coming into today, but the action up here at the… … Tight Weekly Range Tight Weekly Range When I said that I expected some slower markets as we came into earnings season I have to admit this isn’t exactly what I thought. This action… … 5% Inflation Good 5% Inflation Good Markets here are still not super clean, but I think there may be something to do today. Volume is good with the CPI #’s this morning, but… … Snowy Day in April Snowy Day In April We have a little bit of a potential leadership shift happening currently in the markets. Yesterday the RTY showed some amazing strength early on in the… … Cleaning Closet Cleaning Closet Well I’m not actually cleaning the closet, but if you have anything else to do this morning I think it is the move. Volume in the overnight for… … TSLA Weakness TSLA Weakness This has been a really slow week which we expected coming into it with the markets being closed tomorrow and just light volume across the board. A couple… … Levels on Watch Levels on Watch Markets are looking a bit tricky this morning, and are trading right in the middle of the two levels on watch for today. Those are 4114.75 -… … Another Day, Another Gap Another Day, Another Gap At this point it looks like we have the market move figured out. Gap up, rally, and then do the same thing over the next day.… …
Good Monday Good Monday I am going to start this week off much like any other week and just look to gather some data on how we are trading. There are a… … Q1 Wrap Up Q1 Wrap Up It certainly has been a bit of a different start to the year for the markets so far. There has been a ton of back and forth… … Pick One Pick One Market is getting another impressive gap to the upside, and all of the names we were watching yesterday for potential longs that ended up benefiting from the market… … LULU Stretching LULU Stretching Well we decided to take Martha's parfait back and pick ourselves up a nice Ribeye. Ok maybe that whole play from yesterday was corny, but it made sense… … Hmm Hmm Have you ever gone thru a drive thru or picked up food at a restaurant, and then you didn’t check it until you got home only to realize that… … Travel Day Travel Day It is Monday morning, and the markets have been closed for a couple days. How are you feeling? Ready to get out there and start slinging some orders… … NFLX & Chill NFLX & Chill Markets are looking less than ideal coming into the end of the week here, and we have a couple things to think thru. Those untested lows are… … Normal Week Normal Week The markets have been anything, but normal this week, and after 3 nice green days I’m looking at this premarket action, and coming to the realization that we… … Decision Day Decision Day Will the markets like whatever the new rate adjustment is or isn’t? I have no idea and have never been one to look at the numbers they announce… … Gap Up Gap Up Well I can’t say that I was expecting the markets to get a 1% average gap up across the board this morning. A small gap up was kind… … Back At Desk Back At Desk Let me see if I remember how to do this. I’m finally back at the desk this morning, and after being away for almost 10 days I… … Travel Day Travel Day I will not be at the desk this morning for the opening bell. As I type this we just saw a really nice pop of about 15 points… … Less Attractive Less Attractive There are going to be certain days in the market that are more attractive than others. Blonde or Brunette type of situation where you have one you prefer.… … 4020.25 Incoming 4020.25 Incoming There isn’t a ton to write this morning, but we have one thing to be aware of and that is Powell speaking at 10am. I’ve been sitting at… … FOMO or Chart FOMO or Chart This morning as I look at charts the first thing that I see is the massive bar from Friday that produced a really clean setup, and took… … 200 Day Break 200 Day Break Markets are looking rather weak here this morning, and the big thing that has taken place this week now is that we are breaking the daily 200… … Lost Cause or Active Lost Cause or Active The market about an hour ago was looking completely different and since then we have managed to selloff about 30 points now with no signs of… …
$TSLA or Nada $TSLA Or Nada I think we can make this the shortest Morning Write Up yet, but also have it be the most impactful. If ES can’t break up over 3999.25… … Data Gathering Data Gathering Markets are getting a nice push this morning coming into the opening bell of today. One thing I do want to remind everyone of is that we do… … 4022 Resistance 4022 Resistance Indices here are pretty conflicted this morning. NQ is the leader up almost 1% on the day while you have the RTY & YM trailing at only +0.15%.… … FOMC Minutes FOMC Minutes Markets here this morning are doing what I didn’t want them to do which is a small gap to the upside today. 3976.25 is our next level to… … Monday Kind Of Monday Kind Of It is a Tuesday, but it’s really a Monday in the markets and we have a short week ahead of us. The one thing I do want… … SPX Pin SPX Pin This is your friendly reminder that it is OPEX today, and we should all have a pretty nice week going so far. ES also just came down in… … Market Break? Market Break? We are getting some nice selling pressure here this morning which is going to take out the entire green bar from yesterday in the indices. Volume is pushing… … Market Range Market Range We continue to get this sideways range in the market and while we have good volume this morning of over 225k contracts with a 26 point range it… … Be My Valentine? Be My Valentine? Ok I’m asking the market out today, and here is what I’m thinking. 4138.25 is the LIS for today. If we manage to hold this level after… … Slow Start Slow Start Well it is Monday morning after the super bowl, and markets are pretty slow this morning. We are looking at an open about 3 points away from the… … Will it or not? Will it or not? The question of today is will the market hold this gap up or not? We are bullish on the daily chart, and getting a nice gap… … Trap All Trap All This market right now is something special. It is not excluding bulls or bears from getting trapped, and today will likely be no different. We are getting a… … Powell Speaks Powell Speaks I think we set the record for most boring day in 2023 yesterday with the complete sideways action we saw out of the indices. Today I don’t think… … Powell Pullback Powell Pullback Markets are a little weaker across the board this morning than I would have expected considering the early morning run we had on Friday. That strength gave out… … Post FOMC Post FOMC Market is in runaway mode now after the FOMC yesterday, and basically everything is green. I’m still not 100% so going to keep this short again today, and… … FOMC Day FOMC Day I woke up with a pounding headache and sore throat this morning. That is enough reason for me to take a step back this morning, but keep in… …
Pre FOMC Pre FOMC Markets are still in this interesting spot just right before FOMC and all the big earnings announcements where it doesn’t quite know what it wants to do. We… … Busy Week Busy Week Markets are kicking off the week with a decent size gap down. Anybody who stepped in long on Friday at essentially any time is basically wrong here this… … One & Done One & Done Markets are a little light on volume here this morning with only 160k contracts traded so far, and we are stuck in an overnight range of about… … Earnings Boost Earnings Boost Markets managed to pull off a pretty impressive reversal yesterday from lows, and the gap under green. This is not something we saw much of in 2022 with… … Earnings Reversal Earnings Reversal All eyes were on $MSFT last night as they reported earnings, and initially after hours we traded up into the 254 handle. Now we are sitting 20 points… … Breakout Failure Breakout Failure Markets are a little weaker this morning than I expected, but there is one thing and one thing only I’m watching from the move yesterday. ES & NQ… … Light Volume Monday Light Volume Monday We are starting off the week here with some light volume energy across the board, and I want to just put a reminder out there that you… … OPEX Netflix OPEX Netflix Well the market isn’t completely falling apart this morning which I suppose is a good thing. We aren’t extremely strong though at the same time which from a… … Battle of Timeframes Battle of Timeframes Well yesterday turned out to be the wrong day to skip out on, but volatility is here, and so are earnings. With an impressive move lower yesterday,… … 4 Day Week 4 Day Week The markets are still here, and after 3 or maybe even 4 days off it’s now time to sit back at the desk again and start pushing… … Mixed Decision Mixed Decision I have been watching the market since about 8:20am this morning just before the news came out. It looked like initially we were going to get a move… … Normal Markets Normal Markets We haven’t really had normal markets since March of 2020, but at the moment I would like a little bit more of the normal we were getting used… … Powell Speaking Powell Speaking With a rather aggressive selloff yesterday, and a nice gap down this morning the question that I’m playing with in the back of my mind is whether we… … Collect Data Collect Data Markets here are about to put up a pretty decent fight on the higher time frame charts going into earnings season. Weekly chart potentially trying to get a… … Gap Over Red Gap Over Red Markets this morning are all getting a gap over a red bar here this morning with the exception of the NQ. It is the laggard this morning,… … Market Trap Market Trap Today is giving me that vibe where we get trapped in both directions before ultimately making a move on the day IF it even makes the move. There… … New Year New Year Welcome to 2023 trading. We survived everything thrown at us in 2022, and I would like to say that 2023 is going to be an easy, slow trending… …
Daily Bounce Daily Bounce We are getting a bit of a bounce this morning here, and trying to recover about half of the bar from yesterday. The big dilemma here is that… … More Data More Data There are a couple of things that we know here. Markets are in a pretty ugly looking downtrend on both the daily and weekly charts. Volume is super… … Holiday Week Holiday Week I talk about this in almost every single morning write up, and it’s the premarket volume for the ES. Which as of right now is sitting at just… … Room To Move Room To Move On the 6th down day in the markets we managed to finally get a small green bar on the daily chart. Will it hold today will be… … 6th Day 6th Day Markets are working on their 6th day to the downside now, and another red bar on the daily chart here would be a bit of a surprise. Overnight… … Xmas Week Xmas Week We are coming into this week with 4 days down in a row, and an ugly looking weekly chart in the markets. This week however I’m going to… … 4th Day 4th Day Today is Friday and can be either as stressful of a trading day as we want to make it or potentially pretty simple. With 3 days of selling… … Do or Die Do or Die Markets here look fairly rough this morning with all indices down over 1% to start the morning. In another few points we will be right into a… … FOMC Day FOMC Day Hurry up and wait is going to be the theme of today. Markets here are basically as flat as they can be in the overnight session and when… … CPI Rally CPI Rally Well I was expecting some sort of reaction from the CPI numbers this morning, but a 120 point initial reaction to the upside was somehow not on my… … CrAzy WeEk CrAzy WeEk If there was ever a perfect storm coming together in the markets it would be this week. A potential weekly sell setup in place, with a daily that… … Santa Rally? Santa Rally? Well the market is getting a bit of a gap up this morning after the weakness we have seen on the week. Will it be able to hold… … Next Setup Next Setup This week we have seen an early move lower with back to back trend days to the downside. Will we make it a 3rd day to the downside… … December Trading December Trading We are in the last trading month of the year right in between some major holidays and the major retail spending time of the year. This is typically… … Employment Data Employment Data Markets are in an interesting spot here this morning after some employment data sent us about 70 points lower in the S&P. Will we hold or not is… … 25 Days Til Christmas 25 Days Til Christmas It looks like the market is making up it's own advent calendar here for this year, and it might be a rather interesting one based on… …
Fade or Hold Fade or Hold Markets gave it their best shot yesterday trying to go lower, but ultimately we were able to hold, and chop into the close. This morning however we… … Turkey Week Turkey Week The holidays are upon us, and we will start to see that trickle over into the markets. At the moment we only have 178k contracts traded in the… … OPEX Day OPEX Day On a scale of 1-10 if I had to rate how interested I am in trading today it would probably be somewhere below 0. It’s OPEX on what… … Day of Reckoning Day of Reckoning Markets are on edge here this morning with what looks to be just an overnight selling pressure that hasn’t let up. It’s super slow and controlled which… … Support Break or Hold Support Break or Hold Markets are in a very interesting spot at the moment, and we have a ton of room in both directions here after the move last week.… … Runaway Market Runaway Market It seems like the market is saying we can cancel the crash at this point. In just a little over a month the S&P has rallied almost 15%… … Holy CPI Holy CPI I was taking a look at quotes this morning and I saw us trading right around 3765, and then a couple minutes after CPI I looked at quotes… … No Safe Assets No Safe Assets Well looking back at the charts from yesterday I will say that taking the day off was probably the right move overall. There were some opportunities, but… … Day Off Day Off There are potentially a couple things worth watching today, but there are also a couple of reasons when I look at the chart that are telling me to… … AAPL Weak AAPL Weak Will the market be able to make a move today with $AAPL weak here in pre-market? We are getting a gap up currently across the board, but over… … Friday Feels Friday Feels Unemployment numbers this morning is giving us a really solid reaction here after trying to go lower first. Bad news is good news or something I suppose, but… … FOMC Day FOMC Day Markets had the perfect opportunity yesterday to continue the flush and get some real selling going into the FOMC today. Now the question is whether we will get… … New Month New Month With a choppy little rest day yesterday the markets are coming in this morning looking like they are ready to go. We are getting a pretty sizeable gap… …
Halloween Trading Halloween Trading Is the market going to play tricks on us today or give us treats? See what I did there? 🙂 It is a pretty slow looking Monday so… … Keep It Simple Keep It Simple Markets have a massive range from yesterday after the $AAPL & $AMZN earnings announcement. My plan today is to keep it very simple and just watch those… … Big Names Big Names We have seen some very interesting and even weird markets over the past 2 years, but this earnings season so far has been a bit of a different… … Russell Strength Russell Strength Today the market has found itself in an interesting predicament. With good solid strength yesterday across the board and what appeared to be a new daily uptrend that… … Market Day Market Day Well there is good news and bad news. The good news is that the market is open today. The bad news is that the market doesn’t really look… … Flash Services Flash Services Well today looked completely different about 3 different times in the overnight session. Here is the play by play. Futures opened and we immediately ripped up into 3810… … OPEX Friday OPEX Friday On Monday we were waiting for a pullback to 3643.25 on the day in order to take longs. Well this morning at the end of the week we… … Lower Targets Lower Targets Markets managed to hold on yesterday after triggering the daily sell we didn’t completely fall apart. Today I don’t think bulls will be so lucky, and I’m looking… … Just Kidding Just Kidding With a pretty bullish gap up of over 2% yesterday we saw the market fade almost that entire move and the Nasdaq even went red at one point… … Runaway Markets Runaway Markets Here we are in pre-market with every index on the board up over 2% on the day already. This is on top of the 2%+ move across the… … Earnings Are Here Earnings Are Here! There are a couple of things to take into consideration today. It is Monday after a pretty crazy Thursday & Friday action with good earnings names that… … Day Off Day Off The markets had a massive move yesterday of almost 200 points in the ES. Being able to catch more than half of that move was pretty insane and… … PPI PPI It is currently 8:23am and at the moment we have a decent little rally in the overnight session so far. We have pushed back up just a little over… … Keep Holding Keep Holding Markets are in a pretty tricky spot here, and this action of slop and chop should not be a surprise considering the news announcements coming later in the… … Columbus Day Columbus Day Is today worth trading? Bond markets are closed and it is a bank holiday so chances are it will be a lighter volume type of day, and given… … Untested Overnight Lows? Untested Overnight Lows? Markets are looking a little spicy today after the #’s that came out at 8:30am. I’ve been sitting here watching for the last 30 minutes or so… … Nowhere Fast Nowhere Fast In the free video last night I talked about the potential for the market to not do a whole lot over the next couple of days. That seems… … Market Taketh Market Taketh With a pretty impressive almost 800 point rally in the Nasdaq over the last two days we are getting a small 150 point pullback from highs so far.… … How Much? How Much? Markets put in an impressive rally yesterday with some untested overnight lows still in place. Today we are getting a 60 point gap up in the ES and… … More Data More Data Markets are in a very interesting place here across the board. We have an extended weekly and daily chart to the downside that could certainly use a bit… …
Cat Not Bouncing Cat Not Bouncing Well my plan from yesterday was a gap down that would give us continuation lower. Today my plan was to see a little bit of a gap… … Markets Confused Markets Confused When we finished up with the Options Mentorship last night the NQ was trading down around 11200, and I fully expected to see us get a gap down… … Trust The Rally or Not Trust The Rally or Not Markets are getting a pretty impressive rally in the overnight session here putting us right back up towards the high from yesterday. Is this rally… … Kangaroo Markets Kangaroo Markets Well the overnight session certainly has done a whole lot of bouncing around inside this 160 points range for the Nasdaq and almost 50 point range for the… … Slow Week Slow Week This has been one of the most eventful weeks, but also one of the slowest weeks at the same time. FOMC gave us some massive movement which I… … FOMC Over FOMC Over The trading action from yesterday was one to screenshot and put in the folder of ‘Crazy Market Examples’ because the move lower, and then all the way back… … FOMC Fun FOMC Fun Markets are set for some fireworks today on what could be the most important FOMC announcement of the year so far. There is what seems to be an… … Waiting Game Waiting Game If you looked at charts in the pre-market yesterday, closed up shop and then checked quotes 10 minutes before the end of the day you would have felt… … FOMC Monday FOMC Monday It is Monday of what could be argued is the biggest FOMC decision of the year. Buy the rumor sell the news type of situation with this one… … Market Sliding Market Sliding Today could go one of two ways. Either really ugly and we get an absolute red bar that looks like the market will never recover from. At the… … No Trouble, No Tears No Trouble, No Tears Markets are on the edge of getting body slammed again today, but they do have one potential saving grace hail mary play that is possible. However… … More Selling? More Selling? The daily chart yesterday took over on that big gap down in the morning, and here we are about 200 points lower in the ES from the highs… … CPI #’s CPI #’s Well I sat down at the desk about 8:10 this morning and scanned a good number of names for potential opportunities on the day. Thinking that I would… … Futures Roll Futures Roll TOS has rolled from the U contract over to the Z contract this morning with the standard /ES ticker symbol. This is completely fine considering it has about… … Futures Roll & OPEX Futures Roll & OPEX A short week, but the market is making the most of it with this daily relief rally here that will be a rally into the sell… … Hold or Not Hold or Not The big question this morning is whether the market is going to hold here or continue this breakdown into 3822.25. I can see a valid argument for… … Repeat After Me Repeat After Me “I don't have to trade today.” “I don’t have to trade today.” Say this a couple times to yourself before the bell today. It was a long… … Labor Day Weekend Labor Day Weekend Markets are getting a little bit of a rally back here ahead of the 3 day weekend with a little boost from the 8:30am news. I’m personally… … Close Your Eyes Close Your Eyes Markets are getting continuation to the downside again for the 4th day in a row this week. Is it about time we get a bit of a… …
Dead Cat Bounce Dead Cat Bounce Markets were able to make the move to sub 4,000 yesterday after a little pause day on Monday. Now today we could get a bit of a… … No Bueno No Bueno Markets are a little suspect this morning, but after scanning every name on my list I can’t find anything worth really even watching. There are the few names… … Trap Day Trap Day Markets saw a pretty decent gap down for the Sunday night open and we are holding that weakness at this point. Volume on the ES is just about… … J Powell Show J Powell Show With what looks like a failure of the rally yesterday about 3 different times we managed to holdup and rally into 4200 by the close of yesterday.… … Daily Buy Daily Buy Markets managed to hold yesterday and close the day with a small green bar after a gap down on Monday and continued selling on Tuesday. This does set… … Wait & Wait Wait & Wait Markets put in a pretty tight bar yesterday of only 36 points after trading up into the 4159.25 resistance level. This morning we are basically flat after… … PANW & 4113.50 PANW & 4113.50 Well markets are starting to get a little bit squirrely again here. We do have 1 red impact news folder @ 9:45am this morning, and some good… … Monday Morning Monday Morning Well if you held puts over the weekend then you are waking up to a nice gap down this morning. If you are currently flat then is it… … OPEX Friday OPEX Friday We are getting a decent amount of selling this morning in pre-market, and I have been scanning for too long now to find 4 names that are potentially… … One More Push? One More Push? Markets are small green this morning, after attempting a run at the lows from yesterday in the overnight session. Volume looks good here at just shy of… … Meme Culture Meme Culture Markets are getting their first taste of some red in a long while, and we are down almost 1% across the board here. Will bears take control today… … Retail Earnings Retail Earnings This market is hanging on so strong, and after getting a small gap down yesterday we managed to turn green by the end of the day, and take… … Coffee, Dinner & Drinks Coffee, Dinner & Drinks The market is a little bit weaker here this morning than I thought it would be given the rally from Friday. With that being said I’m… … FryDay FryDay Today looks like one of those days where you are the Fry and the market is about to drop you in the fryer and see how crispy it can… … FOMO Longs FOMO Longs With an impressive gap up yesterday after the CPI numbers that managed to hold all day we are now getting another 30+ point gap up here this morning.… … CPI Good CPI Good Markets are in runaway mode at the moment, with a nice 70+ point push from the CPI numbers up into the 4200 whole number. With the hold almost… … Fakeout Breakouts Fakeout Breakouts With the failed breakout to the upside yesterday and a small gap down this morning it sort of sets the tone for the week here that we may… … 4225.50 Incoming 4225.50 Incoming Markets are putting together a pretty impressive rally here this morning across the board and have been in a steady uptrend for the past 12 hours or so.… … Ruh Roh Ruh Roh Typically on days with 8:30am numbers I will wait to start writing up the plan for today, because if it moves then it completely changes the name of… … $NFLX & Chill $NFLX & Chill The markets put in an impressive rally yesterday on what I thought would be a gap and fail type of day. Now we are holding that move,… … Gap & Fail? Gap & Fail? In the free video last night I put out the idea for a small gap up this morning that initially tries to go higher and fails taking… … Support Hold? Support Hold? Markets are a little weak here in the pre-market session and with the exception of a few earnings gaps I see nothing on my main list with any… … 4096.50 4096.50 Let’s start this week off right, and review a couple things. Analysis, Patience, Discipline then Execution. I am in no hurry to do anything off the bat this morning,… …
End of July End of July Markets have had a very interesting past few weeks in the face of some less than impressive economic numbers, and pretty lackluster earnings when you really look… … Charts Only Charts Only We have a couple different things being thrown at us right now from an economic standpoint with the FOMC yesterday and some GDP #’s this morning combined with… … Judgment Day Judgment Day Will the market be saved by the Fed or sentenced to death is essentially the way the charts are setup here. 4026.75 is still above to be tested… … Tranquil Tuesday Tranquil Tuesday It seems to be the theme of the week with the titles so far, and to give a little glimpse into tomorrow it will be Wild Wednesday. However,… … Mellow Monday Mellow Monday Markets feel a bit heavy to me this morning, but they are also very boring at the same time. Overnight volume is just about to tick over 150k… … Friday Funday Friday Funday Markets have been a crazy ride this week, and I am personally ready for the weekend. There are a couple names moving this morning with the $SNAP earnings… … $TSLA Day $TSLA Day Markets were looking a little soft in the overnight session after an impressive run yesterday even with a ‘little’ 150+ point selloff in the NQ at one point.… … Hands Off Hands Off How crazy was the move yesterday? Nasdaq into the close was up over 420 points on the day completely reversing the red bar from Monday and it was… … $NFLX After Hours $NFLX After Hours There really isn’t a ton happening this morning. It’s actually looking like a really boring morning, and volume is sitting right at about 170k contracts in the… … Earnings Monday Earnings Monday Will earnings save this market or send us lower over the next month or so? That is the big question at the moment, and I have a 2… …
OPEX Friday OPEX Friday I have one main thing I want to remind everybody of and that’s basically it for today. Earnings start next week. It is Friday after a pretty struggling… … Bank Earnings Bank Earnings With a front run of the levels trading in regular hours yesterday we managed to put in a pretty impressive rally off the lows with a divergence from… … CPI Dump CPI Dump Well the unknown is now known and judging by the charts it doesn’t seem like the market liked the CPI news and we have already set a 100+… … Follow The Plan Follow The Plan Markets are right where they are supposed to be. Now the question is whether they will be going where we think they are going? In the overnight… … OPEX Week OPEX Week We have a full week of trading after some holiday trading leading us into this OPEX and earnings season just around the corner. A couple of the banks… … Buy The Dip or Not Buy The Dip or Not Markets are taking a bit of a breather this morning after an impressive rally yesterday. I have been sitting here looking at charts for the… … 4,000 Or Bust 4,000 Or Bust Markets are looking prime for a rally here today and get some continuation on this potential daily hold with room up into the 4,000 number for the… … How To Get Long How To Get Long In the Sunday Stock Talk I was looking at the weekly and daily chart battling each other. With the movement we saw yesterday it looks like… … Market Not Celebrating Market Not Celebrating After a 3 day holiday weekend the market took off out of the gates to the upside last night, but just a couple hours later and we… … Drop Then Pop Drop Then Pop Markets played a nice game of whack accounts yesterday where every time you thought we were going to roll over and catch shorts the market would bop… … Daily Sell Triggered Daily Sell Triggered Well yesterday I imagine it didn't quite go the way a number of people including myself expected it to go. The breakout first thing up over 3935.25… … More Chop? More Chop? When I sat down at the desk about 30 minutes ago the market was printing up over 3925 and it looked like we were going to be in… … Weekly Charts Weekly Charts Let’s take a look at the weekly chart to kick this week off because that’s what is currently in control. A month ago or so we had a… … To Trade or Not To Trade or Not The short week is coming to an end, and in the premarket session we have pushed up into the upside target I had for the week… … Range or Break Range or Break This has been a pretty weird week so far, and given the action so far in the overnight it looks like that might continue today. A big… … Sneaky Daily Sell Sneaky Daily Sell Markets are in a tricky spot here with the current landscape. Weekly chart is a bit extended to the downside and could use a bit of a… … Short Week Short Week Happy Tuesday/Monday here for the markets with yesterday being a Bank holiday so the markets were closed. With that being said I still think it will be a… … Holiday OPEX Holiday OPEX Well we survived another week of these crazy markets, and when I sat down at the desk this morning I learned that the markets are closed on Monday.… … 3750.75 LIS 3750.75 LIS FOMC didn’t disappoint from a volatility standpoint, but the movement was absolutely all over the place, and untradeable in my opinion. A 100 point rip in 10 minutes… … FOMC Day FOMC Day The big question of the day is just how much is the FED going to raise it by. After that is announced the next question is how will… … Trap or Not? Trap or Not? What an impressive move out of the markets yesterday, and tagging the 3739.50 level right into the close. With the futures rollover and now OPEX coming into… … Bloodbath Bloodbath 🩸 It doesn’t matter where you look today it is just a sea of red. Stocks, commodities, crypto, and I guess even Bonds at this point with higher rates.… … CPI #’s CPI #’s If you already have short positions on this morning then it’s going to be a great day at the open. However if you are sitting and watching this… … Bezos Bucks Bezos Bucks When I checked quotes this morning for the first time we were printing 4135 and I didn’t check any more until after breakfast. It was looking like a… … Range Chop Range Chop The market is stuck inside of this roughly 100 point range that goes from 4170s down to 4070s and just yesterday we managed to rally back from the… … 4064.25 Again 4064.25 Again A gap over red that fails and leads to a gap down this morning equals a weak market. We talked about it yesterday in the write up, and… … Uno Reverse Uno Reverse Markets are coming in with a nice start to the week of 1%+ across the board on almost all indices here. This will take out the red bar… … Think Again Think Again At the close yesterday I felt pretty good about 4294.75 trading to the upside over the next few trading sessions. Now this morning I wake up and we… … Stuck Stuck After a nice failure to breakout yesterday first thing in the morning, and some nice selling pressure I am now stuck on what to do here. Essentially up over… … June Rest June Rest Markets weren’t able to do a whole lot of anything yesterday. It isn’t a big surprise after a nice move from the lows to end the week and… …
Short Week Short Week I first want to say that I hope everybody enjoyed the 3 day weekend over Memorial Day and was able to get some sun, relax & recharge. It’s… … Memorial Day Weekend Memorial Day Weekend Markets are small green this morning, after a pretty impressive rally yesterday up through the 4k number. With a holiday coming up on Monday and a 3… … 4k Over or Under 4k Over or Under On the 3rd day of this week after a gap down we managed to rally the move back, and close fairly strong. As I talked about… … No Plan No Plan Markets on a bearish gap yesterday managed to go lower, but at a random level after about an hour of selling decided to just turn around and rally… … Weak but Strong Weak but Strong Market is shaping up for a tricky day here. After the small gap up yesterday that initially tried to fade, it managed to rally into the end… … 282 Point Range 282 Point Range As we get ready to start a fresh week here I was just looking at the massive weekly candle that we had last week in the ES.… … Friday OPEX Friday OPEX We are looking at 7 weeks straight down into a Friday OPEX with a daily sell setup triggered and a small indecision bar yesterday followed by a decent… … Margin Calls? Margin Calls? After a brutal day in the markets yesterday of over 4% it looks like we are in for some potential margin calls today. Overnight volume here is really… … 1 More Day 1 More Day Well after a strong close yesterday I would venture to say the vast majority of traders took a deep breath and felt that the market was done… … Gap & Fail? Gap & Fail? With a pretty little doji bar set on the daily chart yesterday I was expecting a small gap in either direction today and then from there we… … No Surprises No Surprises With the market sort of just hanging out here into the open today I think this is the best case scenario for one of the ways I would… … Musk Effect Musk Effect Markets are getting the rally I was expecting here today, but it’s all happened in the overnight session so far which changes up our plans for today. After… … Capitulation Day Capitulation Day We are teetering on the verge of a capitulation day here which would be nice to finally get. The markets have tried to get a rally going twice… … CPI Tanked Us CPI Tanked Us Well I was watching the markets this morning and waiting for the 8:30am news to come out. The first initial reaction was lower, and then it just… … Short Cover Rally Short Cover Rally Markets took an absolute beating yesterday across the board and tested some pretty important levels. While I still think bigger picture there is room to go lower… … 4k Test? 4k Test? Weakness across the board is the theme of the week so far and I don’t think it’s going to just miraculously turn on a dime from the opening… … 4048.25 On Deck 4048.25 On Deck Markets are super weak here, and after the complete reversal from the FOMC rally I don’t see us turning on a dime and rallying back up from… … FOMC Hangover FOMC Hangover Will the market be able to erase the entire move from yesterday after it wakes up today and realizes that it accidentally rallied over 100 points in the… … Longs or Fade Longs or Fade It seems like 100 points is the new norm for the ES right now and yesterday after selling off 100 points from highs we managed to rally… … May Monday May Monday Sell in May and go away? Will that be the right move this month or should we have sold in April and maybe start buying sometime in May?… … Mixed Day Mixed Day Friday morning after a really weird week, and we are getting a gap down into the middle of the range from yesterday with decent volume in the overnight… … Market Unknown Market Unknown I will say that this market lately is keeping everybody on their toes for sure. From day to day and even sometimes hour by hour it’s like why… … Long or Short? Long or Short? Well yesterday was a pretty brutal day of selling after the little gap down that was unable to get any rally at all from the open. Will… … Do Nothing Do Nothing I’m about as uninterested in the market today as I am gas station sushi. You know that if you eat it it’s most likely just a gamble on… … 13 Hourly Bars 13 Hourly Bars As we step into a really jam packed earnings week, and I start off by looking at the indices chart the first thing that stands out to… … Weird Action Weird Action I’ve been sitting here looking at charts for about 45 minutes this morning, and with every new ticker I look at this morning I’ve become less and less… … $TSLA Earnings $TSLA Earnings At the beginning of the Write Up yesterday I walked thru a scenario that I didn’t think was going to be the case, and today is very much… … $NFLX Earnings $NFLX Earnings If you would have told me yesterday that we would see an 80 point range in the ES to the upside, and then $NFLX down almost 100 points… … Travel Day Travel Day What an ugly looking range bound chart from yesterday. Choppy range days are my least favorite to trade, and I would rather go do the dishes or hang… … Low Volume Monday Low Volume Monday It’s currently 8:30am on a pretty busy earnings week, and it looks like the calm before the storm at the moment. Volume for the Sunday night session… … Thursday is Friday Thursday is Friday What a weird week overall in the markets. A short week with the markets being closed tomorrow for Good Friday, and a couple of completely lackluster earnings… … Flat Opening Flat Opening Well yesterday was a bit of a surprise for me. The gap up over red and failure to actually go higher from there was not what I was… … CPI Pump CPI Pump Just when it looked like we could count this market out with a weak close yesterday here we are about to reverse the entire move from yesterday. CPI… … Almost There Almost There We are sitting about 30 points over support here this morning with a pretty weak market. Volume is looking good at 220k contracts this morning with over 30… … 4500 Close? 4500 Close? With a 71.75 range yesterday in the ES it put us right back up in the 4500 range which is a good closing price I think for this… … Persevere Persevere Today is one of those days where the novice and impatient traders get absolutely wrecked. Yesterday was potentially one of those days as well with straight selling from the… … Daily Buy Failure Daily Buy Failure The market yesterday failed on the daily buy setup from Monday and now it’s looking rather ugly with plenty of room to the downside. Volume has picked… … $TWTR Round 2 $TWTR Round 2 I have been running some analysis this morning, and at the moment I have nothing to do in the overall indices. Volume is about as dry as… … What Volume? What Volume? It is currently 8:31 and the volume on the ES at the moment is 121k which I think will be our lowest volume day of the year at… … Q2 Starts Q2 Starts This so far is shaping up to be the best trading day of the week so far. April Fools. The action actually looks really boring and choppy so… …
Q1 Over Q1 Over This has to be one of the most insane quarters I’ve ever traded in my life. The amount of things we have seen are typically not even packed… … Break or Pullback? Break or Pullback? With an impressive gap up in the markets yesterday that was able to hold and rally to new highs what does that mean for the little gap… … Runaway Markets Runaway Markets The daily chart in the markets have flipped and 1 red bar in the past two weeks is a pretty insane run so far. As we come into… … Fakeout & Fade Fakeout & Fade Markets are looking a little juicy here, and as I talked about in the Sunday Stock Talk I can see us getting a push higher this morning… … Light Volume Friday Light Volume Friday It is a day to find anything else to do besides be at the desk at the moment. Protect profits, protect capital both mental and actual cash… … Pause Day Pause Day At the moment we have a market stuck between resistance, but not quite weak enough to get down into support yet, and a bit of a surprise with… … Pullback Day? Pullback Day? The market has been running and gunning here so far this week, but I think Scenario #2 from the Sunday Stock Talk is about to come true here.… … Stay Close Stay Close Well it’s looking like a light volume Tuesday shaping up here, and the possibility of a sideways market here for the next few days is looking more and… … Light Volume Monday Light Volume Monday Well let’s look at the first thing that stands out this morning, and that is that we have only traded 154k contracts so far in the overnight… … Quad Witching Quad Witching Well we all survived and I would say thrived in the market this week. The weekly reversal was not expected until we cracked the 4100 level lows, but… … St Pattys Day St Pattys Day There really isn’t anything going on in the market today so the question now becomes… Who is going to start drinking the green dyed bud light at… … FOMC Day FOMC Day Well I expected some higher prices today, but I didn’t think it would be a big gap up of about 1% or so across the board in the… … NQ Divergence NQ Divergence This market is in a very teeter totter spot at the moment, and we could fall off the cliff or just poke through lows and rip back higher.… … Slow Monday Slow Monday In the Sunday Stock Talk I gave out the 4243.75 level for the ES and at the moment that level is holding true into today. We put in… … Friday Futures Rollover Friday Futures Rollover In the free video last night I talked about futures rolling from the H contract to the M contract and watching for volume to flip on the… … Scenario 1 Scenario 1 In the free video on Tuesday night I talked about the possibility where we gapped over the red bar on the daily chart for indices and could move… … Break or Resistance? Break or Resistance? Market has traded the 4166.75 level and the action yesterday wa partially what I expected to see, and then also a surprise. We managed to put in… … Potential Higher Low Day? Potential Higher Low Day? The market managed to pull together a nice rally yesterday into the opening bell so that we could get the open above 92s, but ultimately that… … Red To Green? Red To Green? In the Sunday Stock Talk I gave out 2 levels here for today and the week that will be important. 4292.25 and 4166.75 which at this point… … Travel Day Travel Day I was not at the desk yesterday at all, but after a pretty decent move lower on Tuesday I was looking when I did check quotes yesterday for… … Stuck Stuck I’m pretty behind this morning as it is currently 8:56 when I’m able to start writing this. I have however been checking quotes for a couple hours this morning… …
Ugly Gap Ugly Gap If it was up to me and I could order up what I want then I’ll take the ES down 100+ here this morning as opposed to only… … 4304 LIS 4304 LIS Wow! Yesterday was probably one of the biggest days I’ve seen and I didn’t expect us to rally back. Now the question is whether that type of move… … Today Is Different Today Is Different There are a handful of days every few years that just end up being different. We saw our fair share of them in 2020, but a number… … Decision Point Decision Point The market made a critical attempt yesterday for a move higher, and also tried to go lower, but was unsuccessful in getting any real traction in either direction.… … Buy The Dip or Not Buy The Dip or Not Today feels like a Monday to me, and even though it’s Tuesday and the market was technically closed yesterday there is still a little bit… … Crash & Burn Crash & Burn The market does not look good here, and the only thing I can think that may hold us from burning down today is OPEX. Although I don’t… … War or No War War or No War In the Sunday Stock Talk I mentioned that I was expecting some headlines this week on the Russia situation, but what I didn’t expect was that… … Focus On Earnings Focus On Earnings We are in a very interesting place in the markets at the moment. After a decent gap up yesterday that managed to hold all day we are… … Daily Higher Low Daily Higher Low Are the lows in? Was the bearish sentiment so high yesterday with the Russia fears and everything else going on that we finally just capitulated on the… … Market Love Market Love Happy Valentine’s Day to all you traders and your romance with the markets. 😁 Sometimes it is a love-hate relationship, and this week in general could be just… … Plans Change Plans Change Well here is how my morning went. Checked quotes and everything looked good. Nice breakfast and coffee. Put together a morning plan for the day in my head… … 4587.75 Above 4587.75 Above With the market holding 4462.50 and about 100 points to the upside here so far we will be breaking that hourly range on the gap up this morning,… … Boring Day Boring Day I am back at the desk today, and it looks like a super boring day ahead of us. There is nothing on the calendar for news announcements on… … Support Hit Support Hit In the after hours yesterday with $AMZN earnings we rallied up about 50 points from the lows of the day in the ES. Now we are trading below… … Hanging By A Thread Hanging By A Thread 4587.75 almost traded on highs yesterday, but with the market unable to hit that resistance level by less than 2 points I have to say it… … Gap & Crap Gap & Crap 3 days straight up and now a pretty decent gap to the upside on some insane earnings moves? Are you a buyer here or starting to think… … Buy High, Sell Higher? Buy High, Sell Higher? As we kick off the new month here the market puts us in a situation where we can either continue to buy it up here and… …
End of Month End of Month Will the market give us a slow easy day to start off the week here and end the month, or are we about to see some crazy… … No Interest No Interest I’ve been sitting here looking at the markets this morning for about an hour now, and I have absolutely No Interest in wanting to do anything here. With… … Erratic Erratic This is the only word at the moment that I think can accurately describe the type of action we are getting in the market. Intraday ranges of 150+ points… … The Unknown FOMC The Unknown FOMC It’s currently 9:01am and I’m just now putting the first word on the paper here for the morning write up. One one hand it looks just so… … No Thank You No Thank You The market had one of the most impressive intraday rallies from lows yesterday that I have ever seen. In the free video last night I talked about… … Braveheart HOLD Braveheart HOLD Do you remember in the movie Braveheart when Mel Gibson has the famous 2 minute scene where he just says Hold, Hold, Hold…Well that is kind of what… … OPEX Friday OPEX Friday As we come into Friday expiration here on a rather bearish week in the markets, the question I’m asking myself here is whether or not I want to… … Bottom In Bottom In Today is looking pretty much the same as yesterday, but in the overnight session the NQ was able to trade a little lower, and get the 15k whole… … Overnight Test Overnight Test Weakness in the market from yesterday carried into the overnight session, but if you are just now checking quotes it wouldn’t reflect that at all. In the free… … Earnings & OPEX Earnings & OPEX Well when I looked at charts last night around 11 oclock I was surprised to see the Nasdaq down about 150 points. Then just 20 minutes ago… … Buckle Up Buckle Up I’m not quite sure how you feel, but the first two weeks of 2022 so far have been absolutely exhausting for me. From the looks of it this… … Rest Day Over Rest Day Over We finally saw the market take a little bit of a break yesterday and while we still had a 42.75 point range in the ES it closed… … On The Third Day On The Third Day This market continues to surprise, and after a pretty ugly looking start to Monday morning here we are halfway through the week and up over 150… … Papa Powell Papa Powell With an impressive rally from lows yesterday and what looks to be a pretty flat opening it begs the question of whether yesterday turns into a trap for… … Crash or Hold Crash or Hold Well I can’t say that when I checked quotes last night and we were over 4670 that I was expecting to sit down at the desk and… … DNTZ Friday DNTZ Friday Support held yesterday almost to the tick across the board, but this morning is looking like a little different picture so far. We had a fair amount of… … Let It Trade Let It Trade I checked quotes at one point last night and the ES was printing 4673 and my initial thought was “ok we will likely get a gap down… … Range Chop Range Chop Well it depends where you look yesterday as to whether the market was a gap that trapped you in on longs, or whether it gave some opportunity to… … Break or Trap? Break or Trap? The market pulled a fast one yesterday and tried to shake out longs with a quick move under 4761.50 that managed to recover on a closing basis.… … New Year, Same Market New Year, Same Market It’s the first trading day of 2022 and the market is throwing us a curveball to start off the year. Last week was one of the… …
New All Time Highs…Again New All Time Highs…Again If you would have asked just about anybody 6 days ago whether the market would make new all time highs into the end of the year… … Last Week Of 2021 Last Week Of 2021 As we kick off the last week of the trading year I just want to say thank you to each and every one of you reading… … Elon Knight Elon Knight With a sideways market here on relatively low volume compared to what we have seen over the past few weeks, it is a relief for most to see… … Dead Cat or New Trend Dead Cat or New Trend The market was able to sell off yesterday during regular trading hours and get those lower levels that we were watching, and so far it… … Santa Week or Weak Santa Week or Weak As we start off the first of two back to back short weeks in the market it looks like we are getting some selling pressure. There… … Dec Quad Witching Dec Quad Witching Well it looks like the gap up yesterday ended up being a novice gap and we got the flop instead of the continuation. Today is the same… … Run or Flop Run or Flop When I looked at charts last night I was thinking we might see a small gap up this morning or even open unchanged, but I’m also not… … FOMC Fear FOMC Fear I don’t normally like to speculate on what is causing the market to move, but I think this week we can say that FOMC coming up today has… … Red Santa Red Santa Well if anything is true this year it is that this market likes to throw some surprises at us when we least expect it. The last OPEX of… … Santa OPEX Santa OPEX 2021 is just a few trading days away from wrapping up, and the last expiration of the year is this Friday. It has been a straight trend all… … CPI Rescue CPI Rescue I started watching the markets this morning, and it looked like another just sleepy overnight session with futures rollover setting up, and then the CPI #’s came out… … No Groundhog Day No Groundhog Day If the market looked bad yesterday then today it looks really bad. Overall the indices are getting a small gap down right into the middle of the… … Back To Bed Back To Bed There are about 252 trading days every single year, but that doesn’t mean that there are 252 days every year where you have to trade, or even… … Big Gap Big Gap After a strong move across the board in the markets yesterday I can’t say that I was expecting a 1%+ rally across the board this morning to start… … Variety Variety I believe the saying goes that variety is the spice of life, and that is sort of the theme of this entire week in the markets. There will be… … March 2020 Round 2 March 2020 Round 2 There is a lot to talk about here, and could put out a couple different scenarios and speculation around the massive move we saw yesterday, but… … $AAPL Running $AAPL Running Is anybody getting whiplash from this market yet? Down big on Friday followed by a complete reversal on Monday that then sells off on Tuesday and fills the… …
DNTZ DNTZ Well the indices are a bit of a mess today. There is no sugar coating this one, so just going to start off the day with that and see… … What To Do What To Do As I sit down to write this morning and after looking across the board at everything that is moving this morning I’m just thinking to myself that… … B.1.1.529 B.1.1.529 Covid is back apparently with a new variant called B.1.1.529 which really rolls off the tongue nicely. The news of this though has caused the market to roll pretty… … Turkey Prep Turkey Prep On Monday I wrote this “Today and tomorrow should be ok trading days, but Wednesday is up in the air at the moment. IF volume is there in… … Scare 1 Scare 1 Well yesterday gave the market the first scare of the Thanksgiving week. Will we get the 2nd one today or take a little rest day? With a 66.25… … Turkey Week Turkey Week A holiday week, with some fairly decent movers coming out of the gate this week, and a very mixed overall market in the indices. That doesn’t sound like… … Semiconductors Semiconductors I want to start off this morning by saying that yesterday there were only 2 names listed on the write up and no mention of the indices at all.… … $ROKU Chill $ROKU Chill On Monday I wrote this line in the write up - “As for levels on the day we have 4705 above, and 4670.25 below that we could ultimately… … 4270.25 Holds 4270.25 Holds Well it’s looking like an OPEX week so far with the price action I’m watching. Large moves out of the gate yesterday morning in a number of Nasdaq… … Daily Buy, Light Volume Daily Buy, Light Volume Last week we saw a nice pullback for the majority of the week until Friday when the market decided it wanted to take back about half… … Daily vs Hourly Daily vs Hourly We saw the first little bit of selling in a month or so now, and the market doesn’t seem to like it this morning, because we are… … Losing Interest Losing Interest We have had a really nice move over the past few weeks, but it looks like the market is finally starting to get that pullback we have been… … Defense Not Offense Defense Not Offense Well we kicked off Monday of this week with a nice trade in $TTD & $TSLA both from the morning write up yesterday. Today we have a… … Week 6 Week 6 It’s almost game time here on Monday morning, and I’m going to write this a little differently this morning. Overnight volume and range looks good, and we have… … Friday Feels Friday Feels We are just a few short hours away from being able to start the weekend. It has been a relatively slow week for me in terms of the… … $MRNA & $ROKU Earnings $MRNA & $ROKU Earnings Well looking at charts this morning I’m pretty happy that I decided to take yesterday off. The entire morning up until FOMC looked like a complete… … Wife’s Birthday Wife’s Birthday Here is how the day has gone so far. I woke up late by over an hour which rarely ever happens, and that means I didn’t get my… … HODL Tight HODL Tight Well the market did sort of what we were looking for yesterday with the pullback in the overall markets. It was the RTY that decided to throw a… … HODL Tight Too Far Too Fast We have officially made it to the 11th round of the year and only 1 more to go after this. The past 2 years have been… …
Blank Page Blank Page This week every morning when I’ve sat down to do the write up and prepare my daily game plan I can see the charts and what we are… … Flip A Coin Flip A Coin This market is starting to feel a bit like some of the action we saw in 2020 where the leaders were changing every 1-2 days. Right now… … $GOOGL Stuck $GOOGL Stuck I’ve been sitting here watching quotes this morning for about 45 minutes now, and I keep coming back to the same conclusion which is just SOH. We are… … Tech Crazy Tech Crazy I don’t think there is a more appropriate title for what we are watching unfold in the Nasdaq and tech names right now, but just to say that… … Social Names Social Names If you haven’t looked at the calendar yet for today then I will give you a quick reminder that it is Friday. We also have 7 straight green… … Pause & Wait Pause & Wait The market has been on an absolute tear the past few days, and we saw the first little bit of ‘weakness’ if you could even call it… … Market Frothy Market Frothy This move over the past few days has been impressive, and it is erasing almost the entire down move in just 5 days. Gap ups get bought, gap… … Earnings On Deck Earnings On Deck Have you looked at the calendar for this week yet? It isn’t jam packed, but there are some quality names on the list like $NFLX $TSLA $IBM… … NQ Leading The Way NQ Leading The Way At the moment it looks like the market wants to say that the weekly chart is going to take over and we go higher from here.… … FOMC Rally or Tank FOMC Rally or Tank Today already feels like a weird trading day, and it’s only 8am at the moment. One thing I will point out from the overnight session here… … 3, 2, 1 🚀 3, 2, 1 🚀 So. I have a couple different things I’m looking at right now, and you could make a very solid argument backed with technical reasons for either… … Columbus Day Columbus Day As we kick off a fresh week here there are a couple things to point out that I think will be important, but nothing that I think is… … NQ Higher RTY Lower NQ Higher RTY Lower I’ve been sitting here watching charts for a bit this morning, and I wanted to wait until after the 8:30am news to see if something stood… … You Welcome You Welcome Well apparently all the market needed to quit going down was for me to take a day off and step away from the desk so you welcome. The… … Brain Power Brain Power Ok so I’m going to change this up a bit this morning, and focus on another aspect of trading which is you. Knowing yourself and how you handle… … Shutbook Shutbook The biggest news in the market right now, and certainly what all eyes were watching yesterday was the Facebook outage that went on for about 6 hours. Today however… … OPEC Meetings & Crypto OPEC Meetings & Crypto As we kick off the first full week of October there are a couple things that stand out to me right now. In terms of news… … New Quarter New Quarter Will we kick off the new quarter with some new buyers or does this pullback have some more room to go? Is it a good idea to add… …
Decision Time Decision Time Well the market gave us a rest day yesterday, and it was one of my least active days in a long time. TOS was having some order issues… … Tricky Trend Change Tricky Trend Change The market was as weak as we have seen in a long time yesterday and the daily sell that was triggering took us about 60 points lower… … RTY vs NQ RTY vs NQ There is a battle going on right now, and a potential leader shift in the markets from the NQ which we have seen lead this rally over… … End of Q3 End of Q3 As we kick off the start of the new week here we have one thing on the calendar that is staring me in the face more so… … Daily Reversal Daily Reversal The write up this morning is going to be pretty short and sweet as I have to step away here this morning, and take the dog in to… … FOMC Follow Thru FOMC Follow Thru The market seems to like whatever was or wasn’t said from the Fed yesterday and after a pretty undecided looking afternoon session we are now pushing higher… … FOMC Save The Market FOMC Save The Market Is the market going to be saved today with FOMC announcements and I guess China being fine and not having a real estate bubble pop yet?… … Strength or Resistance Strength or Resistance After what could be considered a train wreck of a day yesterday we were able to rally back a pretty decent portion of the move in the… … Little Aggressive Selling Pressure Little Aggressive Selling Pressure In the Discord on Friday I half jokingly and half hoping it would happen said “If we could crash and gap down big on Monday that… … Quad Witching OPEX Quad Witching OPEX Today isn’t just a typical expiration Friday, but it looks like it’s going to be a bit of a boring one. The market has had a decent… … Core Retail Sales Core Retail Sales On days when the market has 8:30am news announcements I will start doing my analysis and putting together a game plan for the day, but I like… … Nothing Gap Nothing Gap Well after 2 days of gap ups that fail from the start of the day we are looking at a pretty neutral open this morning. Is that bullish… … Apple Event Apple Event All eyes are on Apple today with their California streaming event at 1pm EST today. I had no idea this was even happening until yesterday afternoon, but one… … September OPEX September OPEX Futures rollover and OPEX week all rolled into one. This week can either be super boring and slow price action with a fairly decent move on a steady… … Futures Roll Futures Roll It is that time of year again where we start to roll the index futures into the next expiration series and for right now that would be rolling… … Stretchy Pants Stretchy Pants The market yesterday showed us it’s first real sign of any weakness, but we ultimately held the support level at 4496 and went sideways right back up to… … $GME Earnings $GME Earnings I wanted the title for today to be curveball, but it was more fitting of a title for yesterday and depending on how today’s action goes it might… … Turdsla Turdsla Welcome. I hope everybody enjoyed their 3 day weekend and was able to relax and unwind a little bit without thinking about the markets too much. While we were… … Labor Day Weekend Labor Day Weekend I had an idea of what I was hoping I would see when I sat down at the desk this morning, and that was either a massive… … Stairs Up Stairs Up This market continues to show an incredible amount of strength, and we are looking at another move higher here in the overnight session. After lunch yesterday we started… … New Month, New Highs? New Month, New Highs? As we start to make the turn of the week towards our 3 day weekend we are also kicking off a fresh month here. The market… …
End of August End of August As we come into the last trading day of the month we are looking at a little bit of a weak market into the bell here, but… … Slow Monday Slow Monday Well after what was a little bit of excitement the market is right back into this slow range bound type action. I was expecting a little bit more… … Powell Pump Powell Pump I was watching the markets on and off last night between 7 - 9pm and something was standing out to me. ES, RTY, YM all made new lows… … Tricky Day Tricky Day As we come into the trading day there are a couple things to note from yesterday and the overnight session so far. Taking a look at yesterday the… … Slow Day or Breakout Slow Day or Breakout Well today looks very much like a day that we would have seen over the past 5 weeks. The market is about as flat as flat… … Breakout Happened Breakout Happened The market has shown some really good strength and a nice breakout yesterday across the board with the ES & NQ getting new all time highs, so the… … Ready, Set, Go Ready, Set, Go There are a bunch of things to look at this morning, and a number of questions that need to be asked. I think I have an answer… … OPEX Shenanigans OPEX Shenanigans Well we made it to the end of the week, and it was a pretty interesting OPEX. Surprise move after surprise move this week, and the market just… … Markets Melting Markets Melting Well it looks like we are finally getting the break of that trading range we have been stuck in for a while, and it’s not very pretty at… … Reversal or Hold? Reversal or Hold? This market at the moment seems to be a trap for absolutely everybody. If you were looking at getting short yesterday at the lows then it was… … August OPEX August OPEX Well as we start off the week of August expiration I think it is safe to say that the markets are the most confused, diverged and the most… … Friday Feels Friday Feels As a trader my least favorite time of the week is when the market is closed. At some point on Saturday just out of habit I check quotes,… … Twiddle Thumbs Twiddle Thumbs I am sitting here much like yesterday, but today the 8:30am news has come and gone, and the ES is still only trading at 92k contracts this morning.… … Groundhog Day Groundhog Day Well here we are with a sideways market and I was watching here for about 20 minutes and we finally just ticked over the 100k contract mark for… … New Day, Same Markets New Day, Same Markets The ES had a grand range of 15.25 points yesterday on 757k contracts for the day and that includes the Sunday night session. Today we are… … Move Please 🙏 Move Please 🙏 The title for today and this week is what is on every trader's mind at the moment. This market has been sitting sideways for far too long… … Unemployment Rate Unemployment Rate Well another day of trading, and we are still stuck in the range at the moment. With a quick pop up into 4429.50 with the Unemployment rate this… … Trendless Trendless What does this market want to do? Are we going to continue sideways in this range or is the little gap up this morning going to spark a new… … Support Holding Support Holding Well it figures when I take the day off that we come down for an almost perfect test of support and then bounce over 50 points. This makes… … Sideways Market Sideways Market The market is about as sideways as sideways gets here this morning. We are looking at a range on levels between 4367.75 and 4422. With a current print… … $TSLA Turn $TSLA Turn A new week and it looks like we have some new leaders paving the way for the next leg of this rally. I’m talking about $TSLA here this… …
$AMZN Wrecked $AMZN Wrecked The only thing that really matters today is $AMZN. With a $250 move to the downside on an expected $110 move that is going to shake things up… … The Slowest Week The Slowest Week If I didn’t know any different I would say this is just a normal week in the middle of summer trading. There were a few decent moves… … FOMC Day FOMC Day Well what I thought would be the least likely scenario yesterday turned into reality pretty quickly, and at one point we were down over 300 NQ points and… … Ready, Set, Go…Nowhere Ready, Set, Go...Nowhere We are making history today, but unfortunately it’s not the type of history I want to make. $TSLA reported earnings after the bell yesterday and I thought… … Earningsthon Earningsthon Welcome to the main event Ladies & Gentlemen! This is the week of every earnings season that we look forward to. It also happens to be the same week… … Social Media 🚀 Social Media 🚀 There really isn’t anything else to talk about here besides the social media names that reported earnings yesterday after the bell, and pushed the others that report… … Blank Stare Blank Stare This write up is going to be a little bit different than normal, but I’ve been at the desk for about an hour so far this morning, and… … Break Time? Break Time? Wow! What an impressive rally back the market was able to put together yesterday with over 200 points of range in the NQ and 80 in the RTY… … Trap or All Clear Trap or All Clear What a way to start off the week and give the talking heads whiplash for the day. I received 2 push notifications yesterday for news articles… … Big Earnings Week #1 Big Earnings Week #1 Well I can’t say that I can remember a Monday morning where we came in and were starting the week off with the RTY down over… … CPI & Earnings Decision CPI & Earnings Decision Are we able to say this market is a little bit crazy? Everything rallied nicely yesterday, but the NQ and after recovering it’s morning selloff it… … Earnings Season Starts Earnings Season Starts The Monday of July expiration is here, and the start of earnings season. We are at record levels in a number of names, and at the moment… … RTY Ripping RTY Ripping As we come into the end of the week here the first thing that stands out to me here is the strength coming into the Russell today after… … Dip Buy or Trend Change Dip Buy or Trend Change The market is getting a decent size gap down today, and the real question here will be whether we just step in and buy the… … Unemployment Rate Unemployment Rate The trend is your friend until it ends and that continues to be true here this morning as the market continues to grind higher. Will red impact folder… … July 1 July 1 Well we survived Q2 of 2021 which was a big change of pace from Q2 of 2020, and certainly not an easy quarter to trade. Now the question… …
End of Quarter End of Quarter Q2 is wrapping up today, and there are no red impact news announcements scheduled on the day. The overnight range is the largest we have seen all… … Flip Flop Day Flip Flop Day Well the title for today could be taken in 2 different ways. If you have a beach or pool nearby then put on some flip flops and… … Hard Grind Hard Grind As we kick off the beginning of a new week here and just a few points off all time highs in the NQ I can’t help, but look… … Earnings Coming Up Earnings Coming Up It is Friday morning and the best thing on my list today is $NKE & $KMX with the moves we are getting from earnings. When those are… … Tech Runaway Tech Runaway It’s Thursday which means it’s a day that ends in Y and that means we have another new all time high in the Nasdaq this morning. At one… … Powell Speaking Powell Speaking Well the markets came back with a little bit of aggression yesterday and the 3 indices that were underperforming to the downside last week were leading the rally… … BTC The Mover BTC The Mover As we start off another week here and just look around for what’s moving, and the only thing that really stands out here is Bitcoin. The indices… … The Day After The Day After How are the markets holding up and what is standing out to me here after FOMC? Well one thing I’m looking at is an extended daily chart… … FOMC Day FOMC Day Remember the other day when I said to print out a chart and put it next to the definition of a ‘Flat Market’ in your trading journal. Well… … New Highs New Highs Well if you are just watching the ES and NQ then it would look like everything's just peachy with the market and we put in new all time… … Futures Roll, OPEX, FOMC Futures Roll, OPEX, FOMC I have been writing out this plan and following my print out checklist for years now, and there are certain days and weeks that after sitting… … M or U M or U Futures rollover starts today and going into OPEX next week everyone will have to roll from the M contract over to the U contract, and that’s why… … Thursday Thursday On days like today when we have some 8:30am news coming out I typically like to wait and let that be released before forming my overall conclusion for the… … $GME Earnings $GME Earnings At the risk of sounding cliche I’m going to borrow a line from ol’ Kenny Rogers. “You’ve got to know when to hold ‘em, Know when to fold… … NQ Leading The Way NQ Leading The Way We are looking at another flip flop day here, and after the RTY carried the market for the majority of the day yesterday it started to… … New Highs Incoming? New Highs Incoming? This market is relentless, and at the moment it looks like it’s slowed down for the past few weeks on how aggressive the buying pressure is, but… … Rules are Rules Rules are Rules I’m watching the market here this morning, and it’s 8:52am. Typically by this time I’m just wrapping up on some equities for the day, and then reviewing… … Recover or Flop Recover or Flop Well it looks like the WSB crowd has done it again and was able to push $AMC to ridiculous levels yesterday, and much like what happened last… … June Confused June Confused I would like to say I’m surprised by the action from yesterday and the gap up that started selling right out of the gate, but that just seems… … A June Run A June Run The markets are coming out of the gate swinging for some gains here after a 3 day weekend, and it looks like this move could get some… …
Markets Closed Monday Markets Closed Monday Well we made it to the end of the week, and another tricky week I would say. Total range for the ES on cash hours this week… … Market Batttle Market Battle It’s currently 6:06am when I’m typing this out so markets might have moved a bit since then, but levels and the overall idea for the day should remain… … NQ vs RTY NQ vs RTY Well the market took it’s breather yesterday, and I would say the RTY took a bit more than a breather and is potentially in a little bit… … Buy or Wait? Buy or Wait I must say I’m a little bit torn at the current levels in the market. We have had an impressive run over the past 4 days or… … Rally Into Memorial Day? Rally Into Memorial Day? If you checked quotes on Sunday night then the first thought might have been that we would be in for a little more selling early on… … OPEX Day OPEX Day Do you remember earlier in the week on Monday when I wrote this…”Today and tomorrow could be a bit of a mess while the market figures itself out,… … Crazy To Calm Crazy To Calm We are looking at a totally different market here this morning than we were just 24 hours ago. Overnight range is looking like 30 points, but overall… … OPEX Selling OPEX Selling We are typically bullish during OPEX week, but a few times a year we will get massive selloffs on the Friday of OPEX, but during the week it… … New Highs? New Highs? The market is inching its way higher here this morning, and about 15 points off it’s overnight high at the moment inside of the 23 point range it… … OPEX Week OPEX Week As we get ready to kick off a new week here there are a couple things I look at first. Red Impact Folders - there are 0 for… … Retail Sales Retail Sales As the week starts to slow down here and come to a close it looks like the market wants to leave on a good note with a small… … Trap or Reversal Trap or Reversal The market was able to catch some really good consistent selling all day yesterday, and pushed us right down into the 4073 level for the ES which… … CPI #’s CPI #’s Well the market was able to sell down into 4114.50 for the ES at least, and somehow the NQ managed to hold the 13150.50 level yesterday after the… … Daily Downtrend Daily Downtrend The Nasdaq triggered the daily sell setup yesterday on the gap down, and the selling has not let up since. S&P futures are 100 points from their highs… … Dow Highs Dow Highs Well it’s a new week here, but looks to be the same story at the moment. Dow futures are pushing into a new all time high here this… … Defense Wins Championships Defense Wins Championships Have you ever heard this saying before? I don’t even watch sports, but I have heard this line before. Over the past two weeks this is what… … Weird Week Is it just me or is this overall just a weird week in the markets? Does the market just not know what to do when the Dow is the strongest… … Cinco De Mayo Is that all the selling we are going to see? The markets took it on the chin yesterday, and at one point the Nasdaq was down a little over 400… … We Selling? There was something off about the move yesterday. We had every single asset class under the sun rallying on what was just some weird looking and feeling price action. A… … Sell In May? Happy Monday and welcome to the first trading day in May! With the market a few points away from new all time highs here this morning I’m sitting and thinking… …
$AMZN Top As we come into the end of the week here the market is starting to get a little bit ugly. The major earnings have come out here, and with the… … The Silver Surfer What a rather boring week so far during intraday trading for the indices and more specifically the ES given the tight range it has been in. Now today we wake… … $GOOGL + FOMC Where do we go from here? Yesterday looked to be a pretty difficult trading day if you were focused on the indices, and weren’t able to catch something like $UPS… … $TSLA Unplugged The first anticipated tech name of the week has reported earnings, and it’s looking like a complete non event so far. I was expecting to be looking at a 10%… … Earningspalozza Strap on your helmets ladies and gentlemen. This is the week out of every earnings season where we have almost every major tech name reporting. $TSLA $MSFT $GOOGL $AAPL $FB… … Daily Buy Well if you were waiting for a support break like I was yesterday then it was a pretty morning day. Out of the gate we saw lows get set across… … $NFLX 🔻 The first big tech name to report of this earnings season, and I don’t think anyone was expecting a 10% down move in there to spice things up. Is this… … Cannabis Day I can’t say that I quite know where to start with the market today. We are looking at potentially the 3rd down day in a row, and I didn’t think… … Earnings Season Is Here This is where the rubber meets the road as the saying goes. The official start of earnings season for me was last week with $AA reporting, and a few financial… … OPEX Friday Well I can say that after this week I am completely ready for some R&R here. It was a fairly slow week in the # of trades that I actually… … Retail Sales #’s It is currently 8:31am as I’m typing this out because I wanted to wait until after the Core Retail Sales & Retail Sales #’s came out. Last week we saw… … Powell Speaks Well the market managed to keep the streak alive yesterday and we are now looking at 13 green bars on the daily chart, and this has to be some sort… … CPI #’s As I was sitting watching the market this morning I thought it was going to be a rather boring day, and then all of a sudden everything started to take… … OPEX Well as we come into the start of OPEX week the market hasn’t completely run away from us yet this morning, and it hasn’t fallen off a cliff yet either.… … NQ Red We are finally getting a little bit of rotation here today, and with the NQ leading the way lower today we could finally see a bit of a pullback after… … Exhaustion Gap? On the tenth day of a bull market the trading gods give to us...one monster gap up. This market has gone from one extreme to another in the matter of… … Daily Pullback? How about the sideways action yesterday that traps in some new longs, stops out shorts and then just fades back to middle of the range? I think that is about… … Rally, Consolidate, Pullback? What a way to kick off the new quarter in the markets here. A 1%+ move across the board pretty much with the RTY being dragged up by the other… … $TSLA & $GME The start of the new week/month/quarter here is bringing us a little volatility in a few individual names, and some opportunity to watch for. It is a pretty empty week… … April Fools Day Here is what I think happened during the month of March in the markets. It was just one massive buildup of an April Fools joke where we tried going lower,… …
March Is A Wrap It is the last day of the month, and the quarter here, and no surprise that we are getting a little pump to round out the quarter on a high… … What To Do As we come into Tuesday of a short week I’m looking across the board and there are a couple things that stand out to me today, BUT just because something… … End of Quarter & Good Friday As we come into the new week here there are a couple things to keep in mind. March is coming to an end and that means the end of the… … RTY, YM Strength…Again As we come into the trading day here on Friday I want to pull something I wrote yesterday, and look at a few things standing out to me here. Yesterday… … Support Is Broken Well to keep pace with all things considered this morning was another one of those days for me, but luckily I was able to work thru it and able to… … $GME Earnings Let’s paint a picture here. It’s 4am on a cold and wet Wednesday morning in Virginia and you are suddenly wide awake. The baby isn’t crying, and you still have… … I’m Not Ready Have you ever had one of those mornings where everything that could go not as planned...did. Well that day for me is today, and hence why you are probably reading… … J Powell Week As we come into Monday of the last full week in March there are a couple things to really pay attention to on the economic calendar for this week. Monday,… … Expiration Friday As we wrap up the week here there are a couple things that stand out to me about this week so far. #1 is that it wasn’t an easy week.… … The FOMC Fade As FOMC was underway yesterday, and no plans for raising rates for the year of 2021 was announced it sent the markets sharply higher into the end of the day.… … Nasdaq Is Not Back? This market feels like we are on the seesaw at the kids playground. One side is up (NQ) while the other side is down (YM), and then the very next… … Nasdaq Is Back Well it looks to me that the Nasdaq wants to hold the support from yesterday, and after testing that level by just a few points put on a pretty impressive… … OPEX & Rollover What are the chances that we have a pretty quiet week on our hands as we come into Monday morning? I think the possibility is there, and if any week… … Futures Friday Rollover As we come into the end of the week here I’m looking across the list of stocks that I like to watch, trade and am most familiar with. Describing this… … New Day…New Leader When I woke up this morning and checked quotes I thought for a brief minute that my phone was stuck on yesterday, and wasn’t updating so I closed out of… … CPI & Market Leaders Let’s talk about the action from yesterday before we jump into a game plan for today. In a picture perfect world we would have had a small inside day yesterday,… … Water Safe Again? As we went into the close yesterday the NQ was looking super weak, and was just a hundred points away from testing the low of last week, while the rest… … Nasdaq New Yearly Lows Where does the market go from here? What I’m looking at from a larger chart perspective right now is that we have put in new yearly lows for the Nasdaq… … Good News = Bad News Again? Taking a look at the market this morning, and we just had some news come out at 8:30 that the market is responding to in a really volatile way. We… … Powell Speaking…Again The markets went into full downtrend mode yesterday, and we saw some rather large ranges and a little bit of intensive selling into the end of the day. I wouldn’t… … Decision Time This market is trading very undecided here this week after a nice rally on Monday that maybe got a little ahead of itself. We are now just about to erase… … Daily Hold? What a move the market put in yesterday! I was looking for some bounce given the gap up over the red bar, but I can’t say I was expecting us… … Cancel Crash With another round of stimulus about to get passed to the tune of 1.9T and potentially more on the horizon after that we are waking up to a nice green… …
Bull Trap Remember just yesterday when I wrote this? “The rotation that we are watching take place right now is one that I can’t say we have seen over the past year.… … Dow Breakout Pop up a daily chart of the Dow, and then right next to it pull up a chart of the Nasdaq daily. The rotation that we are watching take place… … Swing Lows In? What an impressive rally back out of the markets yesterday, and we saw some names that were relatively weak in this down move get some abnormal reactions from lows. Talking… … Powell To The Rescue? If you are the average long term hold investor type then you looked at the market this morning, and thought oh it’s not that bad out, because you only looked… … What Next? As I sit down to start writing this morning about 30 minutes later than normal, I am basically still at the same conclusion I was when I first sat down.… … Know Yourself If you are a trader then typically Monday is your favorite day, but this week I am happy it is Friday and I’m ready to get the weekend started as… … Thursday OPEX A short week with OPEX and some overall weird action is what I would summarize the week as so far. A couple of back to back reversals thrown in the… … $SHOP 🔻 The markets lost a little bit of steam yesterday after the fresh gap to new all time highs, and we didn’t see a very big reaction if any you could… … Short Week OPEX As we come into a short OPEX week there are a couple challenges I think we face. The first one being a solid and reliable trading platform, so if you… … 3 Day Weekend (Presidents’ Day) As we limp into the close this week the ES is only 8 points away from where the week started and with a range less than a 3rd of what… … BTC 🚀 It seems like you can’t keep a good market down and that seems to apply to every asset class here at the moment. Bitcoin futures are up 8.5% this morning,… … The Saga Continues I may or may not have been listening to a little Wu-Tang this morning, and the title just seemed pretty fitting. Another day, and another gap up in the markets… … RTY Beast I’m getting a little bit of a late start this morning, because for some reason TOS decided it didn’t want to load this morning and I spent the past 36… … The Elon Effect As I’m sitting down to start doing some analysis this morning, and reviewing where everything is for the day I start to see $TSLA getting a little frenzy of price… … Unemployment Rate It’s Friday morning after a really good week, and we have what feels like our first red impact folder in a really long time. Last year the market was so… … Resistance or Support As we come into Thursday of this week let’s just reminiscence on how we got here. Sunday night gap down that trades into 3656.50 and with a current price of… … Bezos is Out With an impressive 2 day rally on our hands so far this week is it likely we get another 1%+ green day to the upside here or is this market… … $GME & /SI 🔻 As we come into Tuesday this week it is a very different picture than over the past week depending on the names you are looking at. The market is absolutely… … New Month Same Market January 2021 is a wrap and as we move into February it has already started to show us a few signs of volatility, and it’s across the board. Friday was… …
Friday Funday On a normal day I think about the markets from about 7am until 8am when I start typing out the write up and doing further analysis on how I’ve watched… … Loony Action As we go into another crazy day in what is only January of 2021 I tried to think of an appropriate word to describe what we are witnessing here in… … FOMC + Earnings There are very few times during the year where I’m just not interested in trading for the day, or I don’t know what I want to do. Today is one… … Whacky Whacky Day There was something very strange about the market action yesterday morning. I can’t describe the price action and how it was weird, but names almost looked like they were skipping… … Gap Ups What a move in the market to kick off one of the biggest earnings week of the season. My initial thoughts last night was that we would see a little… … Sell Everything We are coming into Friday of a holiday week with a little bit of red this morning, but it’s only just giving back a fraction of the overall move from… … More or Rest? The market ushered in the Biden administration with a nice 2%+ move to new all time highs and is trying to pour on a little bit more here this morning.… … Inauguration Day 2021 Opportunity is the word of the day. The markets are moving and it’s pretty broad today extending from individual equities like $NFLX to the metals, and chinese names like $BABA… … Earnings Week As we start the short week off there are a few things to take into consideration. The biggest thing is of course the inauguration which is tomorrow, and I was… … Confused Markets The market has absolutely no idea what it wants to do here. One day the RTY is up 1.6% and everything else is flat then the next day it’s flat… … Powell Speaks We finally have a red impact folder on the calendar for today, and I can’t say I remember the last time there was really anything at all on the calendar.… … Sideways Slop & Chop The market is taking a little bit of a breather here, and for the most part we were right inside of the DNTZ all day. A little break to the… … Trend Change? Well which card did you pick yesterday? Today is starting to look pretty similar in alot of ways and the biggest thing taking place right here is the potential for… … Pick A Card Ok here is the scenario...There is a red card, green card, and a purple card all face down on a table and you have absolutely no idea which is which,… … Elon Rich Rich We are kicking off 2021 with some strong action across the board, but one stock that continues to defy gravity here is $TSLA. Elon Musk passed Jeff Bezos yesterday as… … Chaos or Comfort What does the market prefer here? We saw an impressive and even historical rally going on yesterday at one point and then it was slightly derailed for a few hours.… … Senate Runoff The markets seem to be reacting here to the Georgia senate runoff and one thing that is just staring me in the face here is the massive divergence between the… … 2021 🔻 I would say that I’m surprised by the move yesterday, but considering I wasn’t at the desk and 10 out of 10 times that means we have a crazy day… … Hello 2021 Well I hope you enjoyed the couple extra days off over the weekend here leading into the new year, because we are getting thrown right back into the mix of… …
Bye Felicia (2020) We made it to the last trading day of 2020. What a crazy year it has been just in general with life and the insane volatility we have seen in… … $TSLA To $700? As we finish out the last few days of the year it looks like a couple names are just starting to catch up on the rally, and a few others… … $AAPL New Highs With just a few days left in 2020 we have $AAPL coming in trading at new all time highs in the pre-market session for the day, and giving the Nasdaq… … End of Year Rally This bull market continues to press on... Why would it stop in the last week of the year? At the futures open last night we saw a little bit of… … Merry Christmas! Merry Christmas! After today we will have just 1 week left in 2020, and that magical date everyone waits for in order to start working out and getting in shape,… … 9 Million Lives This market is like a cat, but instead of 9 lives we are working with 9 million lives at least. We pushed down into daily support yesterday, and looked weak,… … Corona 2.0 As we settle into a short trading week here with Christmas in just a few days it looks like 2020 is throwing us another curveball just as the vaccine was… … $TSLA Charge Up Every day this week has been basically the same thing. Slow, but relentless buying pressure, and no forgiveness for any bears out there. At this point why would we see… … Stimulus Hopes If you didn’t know that FOMC was yesterday and looked at quotes just after lunch, and then just before the close it would look like nothing happened. Which is essentially… … FOMC Day This is the last full trading week of the year, and then we get Christmas next week and New Year’s the following week so what better way than to finish… … Daily Reversal? If you asked everybody yesterday morning before the bell where they thought we would finish the day I can bet the answers would have almost all been green. However we… … H Contract Rollover time. I don’t mean time for the markets to actually rollover and go lower, but time for us to switch contracts and start looking at the /ESH21 contract which… … Kardashian Effect If the market had a tv show then today would be one of those episodes where absolutely everything that could go wrong...would go wrong. Kanye steals the microphone from Taylor… … Moar Downside We are finally getting some selling pressure in this market after what felt like forever of consistent green days. I’m going to keep this write up pretty short and sweet… … RTY Breakout Taking a look across the board yesterday after about 11 o’clock it was pretty clear who the leader of the day was, and continued to be into the close which… … $TSLA Stock Offering Can we get a red day in the markets? We are getting the first bit of overnight selling we have seen in quite some time, but even as I’ve been… … Quiet or Crazy Week? One thing we saw last week was just pure resilience to any kind of down move, and overall buying pressure even on light volume. That is currently my biggest concern… … Drama Club This market is just shaking off everything you can possibly throw at it, and just continues to power higher. Towards the end of yesterday we saw some Pfizer news come… … OPEC Meetings We are looking at a super low volume overnight session coming into today, and a gap down yesterday that couldn’t get anything going to the downside and just grinded back… … Divergence Divergence Divergence Let’s take a look at a daily chart here of all 4 indices next to each other. ES - New highs with topping tail. NQ - Bullish breakout to new… … Powell Speech Released Early? Shiny Ball Syndrome. This is how I felt like yesterday was going for me. We saw some crazy sharp moves in a relatively short amount of time, and it was… … Last Month Of The Year We are coming into the final month of the year, and under normal circumstances we see a pretty good looking December with low volatility, and a strong trend to round… … Turkey Time Market action over the past 2 days hasn’t been as brutal as I anticipated, and we saw some really clean setups that we were able to take advantage of. One… … Elon Rich Rich If you would have told me back in March of this year when what seemed like the entire world was crashing and burning that $TSLA would be up over 700%… … 2 Day Trading Week The markets last week played games with both longs and shorts and are doing basically the same thing here this morning with the end of day selloff on Friday now… … $TSLA 500 Pin? To say the market was a little bit wacky this week would be an accurate representation of the action this week. Vaccine news on Monday followed by $AMZN selling drugs,… … $TSLA Leading Wow! Yesterday was a pretty crazy day, and there was opportunity in every corner of the market pretty much non stop all day long. We haven’t seen a day like… … $BA Taking Off The market yesterday was able to hold up really well after a quick drop into 10am. We saw some good strength out of the Russell & Dow while the Nasdaq… … $AMZN & $TSLA We have a very conflicted market at the moment, but there still continues to be some individual equities that are outperforming here with both good strength and weakness. Yesterday looked… … Vaccine News Monday This is the 2nd week in a row now...We might as well just start putting this on the calendar now for every Monday that somebody else will announce some vaccine… … Friday The 13th What could go wrong? I can tell you one thing the market did ‘right’ yesterday depending on the side of the market you were on of course, but that is… … Powell Speaking If you had to pick a direction in the market right now into the end of the week would it be higher or lower? I can see the argument for… … Veterans Day Good Morning Traders! Today is a federal holiday which means bank and the bond markets will be closed today, and we could see a bit of lighter volume across the… … Blowoff Top? It’s only Tuesday, and somehow it feels like a full trading week has already taken place so far. Markets were absolutely crazy yesterday with the largest gap up I’ve ever… … Pfizer Covid-19 Vaccine Happy Monday traders, and I hope you are all rested and ready to go for what looks to be another crazy week. Trading in 2020 is like listening to the… … Unemployment Rate Wow. That is the only word I think that can accurately describe the market action this week, and unfortunately I wasn’t able to take advantage of any of it. I… … FOMC The market used to do this thing where we would take the stairs up, and the elevator down, but apparently I missed the memo where it just jumps in an… … Election Results + FOMC The results for a presidential election are typically known the night of, but just in 2020 fashion we may have to wait until the end of this week or even… … Election Day Of all the crazy things that have taken place during 2020 it also just so happens to be an election year, and here we are on election day. Will we… … Crazy Week There really isn’t any other way of putting the title of this week. I have no real bias or direction going into this week, and the very first thing I’m… …
Good & Bad The markets were able to put in an impressive rally yesterday, and up until the last hour of the day we had an outside reversal bar going on the daily… … Earnings Spectacular The biggest earnings day of the quarter has finally arrived, and tomorrow will be like Christmas morning for traders. After the bell today we have $AAPL $AMZN $FB $GOOGL $SBUX… … Broad Selling Is the next big Covid crash of 2020 coming or is this just a larger pullback here, and we will recover? The answer to that question I don’t have, but… … Back in the range? The first 30 minutes of yesterday looked really choppy or really promising for a rally depending on which of the 4 indices you were watching, and then it all just… … Earnings, Election, Epidemic We have seen some crazy weeks in the market over the course of this year, but this week and next could prove to be extremely volatile with a side of… … Presidential Debate Rally? The market had some very interesting action yesterday with the break down into that 3413.5 level we have been watching, and is getting a very nice bounce going into today… … Inside Day #3 When I was doing my homework over the weekend and on Monday coming into the week I can’t say that I had ‘Selloff Monday, Inside Day Tuesday, Inside Day Wednesday,… … Hourly Downtrend The market managed to put in an impressive rally yesterday, and touched resistance above with a small attempt at holding above that ended up failing into the close. With nothing… … Rest Day or Continuation? Hey guys I apologize, but I’m typing this write up out early, and from the laptop. My wife woke up not feeling the greatest so I’m on baby duty this… … Big Earnings Week All eyes are on earnings this week with no real economic news coming out, and a number of big tech names reporting that should keep us busy even if the… … OPEX Day It feels somewhat like a normal options expiration week with a couple of surprises along the way, but nothing too crazy. Somehow I am absolutely exhausted from this week though,… … Earnings Season It is now the official start of earnings season for me at least with $AA kicking off yesterday after the bell. As a trader we get this opportunity 4 times… … Mixed Markets Here we are with another day of mixed markets, and absolutely nothing in the way of scheduled news announcements. If you take a look at a 5 minute chart of… … Prime Day – Apple Day The market move yesterday was nothing short of impressive, but can it continue if only the Nasdaq is participating? That is what we are looking at coming into today with… … Columbus Day As we start to kick off the week I think it’s important to note a couple of different things here. In combination all of the things setting up for this… … Friday Feels If you told me or really anybody last Friday when the markets were set to open lower on the day with a report that just broke of Trump testing positive… … Nikkei Breakout? The markets are looking strong coming into the open here this morning with a continuation of the complete reversal we saw yesterday. It appears that you just can’t keep a… … Daily Reversal or Continuation? Trump sent a tweet out yesterday afternoon that just sent the markets tanking on no further negotiations for stimulus money. I expected to wake up this morning and see continuation… … 3, 2, 1. Go! I stand corrected on the slowest overnight session comment from the other day. That award will have to go to the overnight action from last night unless you were paying… … Light Volume Rally Happy Monday Traders! We are starting off the week with a decent rally back so far from the Sunday night open, but I’m not a buyer of this rally just… … Overnight sloppy choppy range much? As of this writing we have the ES up 0.07% NQ up 0.10% RTY down 0.09% & YM up 0.02%. The market is taking a breather here in the overnight… … Trump Caught The Rona Markets are trading lower this morning on a news announcement last night that Trump and Melania tested positive for Covid-19, but is it really anything to worry about from an… … Q4 Welcome to the 4th and final round of 2020. If you have made it this far then the rest of the year should be a piece of cake with only… …
Debate Effect The markets are starting to digest the debate from last night, and it’s also end of the quarter which is surprising to see us trading lower this morning with what… … Rest Day? The markets have been rallying non stop since the Thursday morning gap down, and after a 150 point rally in the ES I think they could use a little bit… … Taxes, Debates, End of Quarter…It’s a week. The markets managed to hold up better than I thought last week, and at this point it doesn’t look like we are getting that extra 40 points down into 3160… … Hanging by a thread Good Morning! What a crazy market we have, and I think it only continues to get crazier in the next few weeks to come. I did something yesterday I didn’t… … Dow Leading The Way? The market was able to hold off anymore selling yesterday, and with a nice hourly buy setup in place we rallied pretty nicely into the close. Over 50 points of… … Battery Day The market held fairly well yesterday considering the ugly gap down we were looking at in the morning, and the Nasdaq even managed to close green on the day. A… … Powell Week The market is kicking off this week with some lower prices across the board on almost everything except for Bonds. Friday was not a typical OPEX day, and we sold… … Quad Witching Happy Friday everyone, and what a week it has been in the markets. Yesterday went as good as expected if we were looking for support to hold that is. With… … Daily Sell Trigger This trend change area in the market are some of the toughest markets to trade, and I say it every single time, but it caught me up yesterday, and I… … FOMC Day The market is putting up a pretty good fight here this morning coming into FOMC day with another gap up. Opex & rollover week has been super strong here for… … Market is Back? Will we see 2 green days in a row...potentially 3 with FOMC coming out tomorrow? The markets held up really well yesterday, and getting a nice gap up this morning… … Opex + Rollover Welcome to the party of a trading week we are in for! It only happens 4 times a year, and that is quadruple witching. We have index futures roll over,… … 19 Years Ago Today is one of those days that you will never forget. A number of you reading this might have only been a few years old, but for me I was… … Inside Day? I think the markets might need a day of rest here and just take a breather before we figure out the direction for the next leg. At the end of… … ‘Dead Cat Bounce?’ The markets are getting a bit of a bounce here this morning, after getting some continuation on the selling from Friday. Will this be just a dead cat bounce or… … Short Trading Week Last week started off pretty normal for the month of September, but then the bottom dropped out of the market on Thursday & Friday. This was something we expected, but… … Unemployment Rate Wow! Yesterday looked like a ton of fun with a 139 point range day in the ES with over 2M contracts traded. I was on the road the entire day,… … Leaders Turn To Laggards I checked quotes this morning, and thought quotes just weren’t updated because the Nasdaq is down over 1% right here. Will we close red on the day? Is that even… … Again? I think this is the longest back to back green streak I’ve ever seen in the markets, and we are doing it again today. To say that this rally is… … We have entered September! Welcome to level 9 of trading in 2020, and if you have made it to this point then chances are you have gone a bit crazy, but the good news… …
August Is A Wrap It is the last trading day of the month, and I hope everyone has had a great trading month in August. There are a couple of things to keep in… … Let’s Recap Wow. What a week. Let’s just take a minute and kind of recap where we have been. Last Friday the ES closed about 104 points lower than where it is… … All Eyes On Powell The market continues to hold an uptrend here and we have essentially pushed the chips ‘All In’ at this point going into Jackson Hole which is done virtually over the… … New All Time Highs…Again This of course only applies to the Nasdaq, because the Russell is kicked out of the driver seat again after only 1 single trading day. The past two days have… … Follow The Leader We saw some very interesting price action yesterday, and a potential leader shift again from the NQ over into the RTY & YM, but what was even more impressive is… … Jackson Hole Good Morning Traders!! We are kicking off another week in the markets here, and there is no shortage of movement this morning. It is however the first time I’ve seen… … Options Expiration Friday I woke up this morning fully expecting to see a little bit of a gap up today in the markets after the amazing run that the NQ put in yesterday… … Crashing? The market is getting some volume this morning, and a better range of about 26 points on 239k contracts. I didn’t expect FOMC to do much yesterday and it wasn’t… … Grind Higher The market continues to just grind higher here, and I think we might see one kind of ‘scare’ to the downside here before options expiration on Friday, but overall it’s… … $TSLA Split I was fully expecting to come in this morning, and see us trading lower by 20 or 30 points, but instead we are up 23.25 at the moment with 210k… … Gold lost its shine! Markets are moving in here in the overnight session, and that includes pretty much every asset class here this morning. S&P is looking at a 31 point overnight range on… … Executive Orders This is the slowest Sunday night trading session we have seen in a really long time. Mr. Market apparently doesn’t care about Trump signing in some executive orders to extend… … Unemployment Rate The market is showing a little bit of weakness here this morning before the 8:30am Unemployment Rate comes out. It is a Red impact folder, and on top of that… … Choppy Day The market is getting a little bit of funny action on this most recent breakout to the upside, and volume is at a record low. There is still plenty of… … ADP Non-Farm The markets were cranking higher overnight with the ES up over 20 points when I sat down at the desk, and started scanning then we just fell out of bed… … Will Support Hold? We are getting a little weakness here this morning after a strong day yesterday that held for the entire day, and didn’t really give anything back at all, and from… … Earnings Continue… The markets are still moving on earnings from last week, and giving us a nice rally this morning. Overnight action is pretty decent so far with 32 points of range,… …
Earnings Galore Well the highly anticipated earnings from multiple Trillion dollar brands has been released. As to be expected during a pandemic and lockdown the companies delivering content via the internet, and… … $AAPL & $AMZN This is the biggest earnings day of the year, and it makes sense given 2020 so far. After the bell today we have $AAPL $AMZN $FB $GOOGL $F $GILD $MGM… … FOMC On Deck Today is one of those days where you really need alot of patience or find something else to do for a few hours this morning. FOMC statement is being released… … Metals Moving The first thing I saw when looking at quotes this morning is that Silver & Gold completely reversed the overnight move and are now both down on the day. Overnight… … Busy Earnings Week This week is starting off with some new all time highs in the Gold market following talk of more stimulus money and this is giving Bonds a boost and the… … Friday Funday The markets are starting to lose a little steam up here, and some of the high flyer names yesterday like $AAPL $FB $TSLA were in just a constant state of… … Non Event The most anticipated earnings of the week ended up doing absolutely nothing, and just being a complete premium trap. $TSLA was expected to move about 200 points and is currently… … Metals On The Move The volatility in the overnight session is looking really good in the indices, but Silver /SI is taking the spotlight with a move of over 7% right here. If you… … Trifecta Tuesday This is the day. What it is the day for I have no idea, but at the moment we have stocks up, bonds up, and gold up. Even $IBM is… … Earnings Season It is a pretty quiet week in terms of news announcements, but there are a number of big earnings on deck for this week, and I’ll put a screenshot below… … Boring Expiration Friday Today is a great day to do anything other than watch paint dry in the markets. The overnight range is sitting at about 22 points on only 200k contracts traded.… … Hack City ‘$TWTR’ This market is starting to thrash around, and I tweeted this out today. "The best trade setups for this week have most likely already played out. Working into cash and… … Leader Shift I think the phrase ‘cancel crash’ or ‘buy the dip’ comes to mind today since we are unable to get back to back down days in this market. The overnight… … Reversal or Pullback? It looks like I picked the right week to come back to the desk if volatility is what I was looking for. 🙂 The markets had a pretty nasty reversal… … Monthly Options Expiration Week I’m back at the desk this week, and it feels good I must say. At the end of the week we will see whether I should have stayed gone another… … Bonds Breaking Out? The market is in a very interesting spot here as it was unable to break out yesterday over the 71.75, and sold off pretty good down into our 3114 level.… … Tight Range, Light Volume The market managed to hold the selloff in the late morning session yesterday and rally up into the close without trading down into the 3114 support level which shows really… … Buy the dip failing? The market came out of the gate strong on Monday, but so far has had no continuation to the upside in any of the markets except for the Nasdaq. Overnight… … Buy the dip? The market is getting a little weakness this morning, but is it a buy the dip opportunity or is resistance going to kick in and take us lower from here? … … Q3 Is Here The markets are kicking off this week with their own fireworks apparently. An overnight range of over 50 points on 269k contracts is a nice way to start off the… … The story of $TSLA I missed the memo this week that all we had to do was get long $TSLA and hold on for the $100 gap up that we are looking at this… … A Sea of Red As I sit down and look across the board this morning everything except for Crude Oil is red. Indices down, Bonds down, Gold down, Nat Gas and even some currency… …
Haphazard Market The market is looking a little bit hungover today after the impressive run yesterday from lows. Overnight range here is fairly tight at only about 30 points on 260k contracts… … Nikola Badger Day The markets had a gap down for the Sunday night open, and have been working their way back this morning, and pointing to a gap up coming into the bell.… … Banks Stressed? Happy Friday, and it has been a relatively slow week for trades, but there have been some really great setups. First look at the market today is a bit mixed… … Daily Sell? The market might be picking a direction here on the daily chart, and the first clue was yesterday when we were unable to hold 3096, and the selling really started… … 3100 Magnet? Over the past 9 trading days we haven’t been able to get too far away from this 3100 level before getting pulled right back to it. The overnight range is… … Deal or No Deal? The market sold off hard at one point last night on a rumor that the China trade deal was no longer on the table, and it was apparently just another… … Trap or Buy The Dip? The markets are currently in a very delicate situation, and the direction here may be extremely obvious for some people, but I see a couple different conflicting time frames going… … OPEX We are coming to the end of a very interesting week, and given the pre-market action here I’m liking the setup on the charts for the potential next leg to… … Range Bound Action The market had a strong gap up on Tuesday, and so far we have traded inside of that range on Wednesday, and the overnight action for today is looking very… … National Eat Your Veggies Day Welcome to the trading day of Wednesday June 17th. It is also National Eat Your Veggies Day if you didn’t know that. If you are wondering what that has to… … V Shape Recovery? This market is in absolute rip city mode this morning, and we are looking at a rather large gap up of over 2% at the moment. I know I don’t… … Quadruple Witching It is shaping up to be an absolutely crazy looking week in the markets. We have quadruple witching on Friday with index options, stock options, index futures, and single stock… … Futures Rollover Happy Friday, and today is a special day that happens 4x a year. We will say that ‘special’ is loosely defined here as something different than the normal. If you… … Don’t panic! We have been here before, it has just been a couple of months, and I know it has slipped the memory of some, but the market can go down. This… … FOMC Day Powell to the rescue today, or does the Fed slip up, and send us back down 1,000 points lower in the S&P? I don’t have the answer for that just… … Red Day? I’m not sure if this is allowed or not, but the market is pointing to a down opening here by about 1% across the board. Will this get bought up… … Money Monday! The market is moving already to start off the week, and no surprise we are green again. That has been the theme going on 3 months now, and the trend… … 3,214.75? This market just continues to be relentless on bears and does nothing but rally to resistance, break above, and rally to the next resistance level. Unless you are the Nasdaq… … Crash inbound? The market has had an impressive rally back from the lows in mid March, and I’ve been looking at a potential short term top to come in about 60 points… … 3,100 Inbound? This market still continues to rally, and doesn’t seem to care about anything else. Overnight volume is a little bit lighter than we have seen recently at only 290k contracts… … Opposite Day? We have the indices pointing to a gap up this morning, but a number of individual equities that I watch are pointing to a gap down this morning. This is… …
Sell In June And Go Away? The idea of sell in May and go away didn’t really work so well this time around, so let’s see what June has in store for us. We are kicking… … Last Trading Day of May Well we were able to rally up and hit 3056 yesterday which is the target area we have been looking at for the past few weeks. The real question is… … 3056 In Sight! This will be a nice way to cap off the month of May with a target hit and then some consolidation over that 3,000 number to wait and see what… … We have been waiting for this… The market is pushing up into our 3024 - 3056 zone after looking pretty weak yesterday at the end of the day. This is a classic pro gap up and… … Memorial Day Gap Up I hope everyone had a great weekend, and was able to get some sun and relaxation. The entire weekend for me was spent recording content for the upcoming release of… … 3 or 4 Day Weekend? The markets are closed on Monday for Memorial Day, and if you wanted to turn that into a 4 day weekend then you could always take today off as well.… … Fed Chair Powell Speaking The market is looking like it’s becoming a snooze fest into the end of the week here, and that would make sense for us to just settle out a bit… … Can’t keep a good market down. Today is a short and simple plan. I woke up late because I was up writing content until 3am for the options course, but the market has a really simple… … Range or Continuation? The market has had a pretty volatile overnight session with a 46 point range that still has us unchanged on the day. Volume is looking good at 294k contracts considering… … Interesting Day? Well today is going to be one of the more interesting days we have seen in quite some time. This phrase “You can’t keep a good market down” comes to… … Options Expiration Day If you remember back in school how picture day was a big event. They passed out the different packages you could order, the time slot you would be getting your… … Dead Cat Bounce Over? The markets have sold off nicely over the past 2 days, and we are getting another gap down this morning on decent volume in the overnight session of 432k contracts… … Powell to the rescue today? The markets took an interesting turn into the close yesterday with the ES selling off over 40 points in the last hour of the day pushing us down under the… … Market is playing games… We are looking at another gap up this morning, but it’s after we sold off and erased the entire move from yesterday and dipped below the low by just a… … “Sell In May”…was delayed a week? The markets are starting off Monday morning with a little bit of red here after being up in the overnight session from the Sunday night open. We are looking at… … Unemployment Rate Friday! The markets are trading higher by almost a full % here this morning ahead of the unemployment rate which is forecast at 16%. Canada is also set to release their… … Unemployment Claims It is currently 8:24am and I’m waiting for the 8:30 unemployment claims to finish up here as it could easily change what we are looking at on the day, but… … Inside Day? Inside Day? The market is getting a little bit of a gap up this morning, gold is down, crude is down, and Bonds are getting a pretty good selloff here… … Happy Taco Tuesday & Cinco de Mayo! Another day in quarantine, and another green day out of the markets. The little voice in my head just keeps saying “Don’t fight the FED.” At this point it seems… … Sell in May & Stay Home? The first of May kicked us off with some decent selling on Friday, and started working us back down towards the lower end of the range we have been working… …
$AAPL & $AMZN Earnings! FOMC yesterday you could say was pretty much a non-event as we were trading at about 2930s when the statement came out, and we are currently printing 2925 with an… … Crude Oil Inventory & FOMC Day The markets are in a very interesting spot here this morning with a small gap in front of a big day of news announcements, and an even bigger day of… … Who Ordered Up This Rally? This market continues to catch people on the wrong side of this rally, and that is only adding fuel to the fire. The overnight session has put in a range… … This is Earnings Week! There are a number of big names reporting earnings this week including $GOOGL, $BA, $FB, $AAPL, $TSLA, $AMZN & $MCD. On Wednesday we also have the FOMC statement coming out… … Honey Do List Day The markets are playing games with everybody here in this choppy range. I’ve reduced size by quite a bit over the past few days and just keeping risk at a… … How Many More? Unemployment #’s will pick the direction for us today. The overnight action has been fairly light and with only 231k contracts traded and Unemployment #s coming out at 8:30 I’m… … Earnings To The Rescue? We saw some good selling yesterday across the board on the indices, but it didn’t get out of control and cause a full on crash like it could have. The… … What Happens Now? The market is getting a little bit of selling here in the overnight session pushing us down into the support zone that will need to hold if this market has… … Happy Monday! We have a busy looking week ahead of us with the market already moving a good bit in the Sunday night session, and a number of big name companies reporting… … Friday Funday It has been a great week in the markets and today is shaping up to be one of those days where you could easily give back a big portion of… … Unemployment Claims +/- 5 Million Unemployment Claims Over or Under 5 Million This market is doing absolutely everything it can to keep from crashing here, and over the past 3 weeks we have seen a… … Wednesday Reversal? I expected the markets to continue pushing a little higher in the overnight session, and then we could potentially see this type of selling during the regular trading session, but… … Monthly Options Expiration Grind The market still has upside levels that haven’t been hit just yet, and we continue to push our way towards them. As earnings season starts to kick off next week… … Big Range, Light Volume Sunday Night The market kicked off the first 20 minutes of the Sunday night trading session with some volatility and set a 102 point range that we have stayed inside of all… … Unemployment Claims, Fed Chair Powell, Good Friday What could go wrong? The overnight range is the tightest we have seen all week and the lowest volume here at only 352k contracts. Gold is up 22 this morning… … Scale of 1-10 = ? The other day I said that the market was either going to be super easy, or really difficult depending on if you were able to pick up the first pullback… … Cancel Crash! The market is getting another nice rally this morning on top of the move from yesterday which was just a slow grinder to the upside all day. Volume has picked… … Is It Safe? Safe to get back in the water? The markets are rallying out of the gate to start the week, and it’s not a little rally. Volume here in the overnight… … NFP Day The overnight action is the slowest in terms of volume that we have seen in quite some time with only 258k contracts being traded so far, and about 50 points… … Q2 – Starting With A Bang Yesterday there were so many plays that setup during the day from the $BA, $NFLX, $TSLA, $FB and the list goes on and on. Today I think there could be… … Q1 Window Dressing.. .. is over, and we are all clear for some limit down moves now. The indices are getting a good selloff here in the overnight session, and RTY is already… …
End of Q1 This year started off looking normal but over the last 40 days or so the markets have just been an absolute volatile mess of 200+ point daily swings in the… … Social Distancing Extended.. ..until April 30th...for now. The markets saw some crazy action last week, and the trend continued where Friday before the close we saw a large move in 1 direction or… … Friday Flush? The market put in an impressive rally yesterday, but isn’t starting today off so hot. We are currently looking at a 3%+ gap down across the board in all indices… … All Eyes On Unemployment Claims With the country basically shutdown, and many local areas on complete lock down to combat the spread of the coronavirus I can’t imagine these #’s will be good at all.… … $2 Trillion Stimulus Deal What I am reading is that this deal is expected to be voted on today, and should pass… We will see what that does to the markets on the day,… … Groundhog Day? This is looking like one of the weirdest trading mornings I’ve ever seen. Here is the scenario: Coming into the week we hit the limit down on the Sunday night… … FED To The Rescue This morning the US Federal Reserve announced open ended QE to support the economy, and the market just rallied all the way back to even on the day, and up… … Triple Witching I wrote yesterday in the chat room that I thought we had 3 scenarios today, and that 2 of those were complete Do Not Trade events. What I’m looking at… … NYSE Closes The Floor What does this mean for the markets today, and will it act or trade any different? The real answer is I have absolutely no idea, but I wouldn’t think it… … Lock Limit Down Part..3? Lock limit down...again This continues to be a thing that we are hitting almost every day either to the upside or downside. President Trump is set to speak at some… … Lock Limit .. ?? Lock Limit Down, Lock Limit Up...and then not. This market is able to hold a lock limit down all night for the Sunday session, but unable to hold a lock… … Lock Limit Down, Yet Again Lock Limit Down… These are some absolutely crazy times in the market, and I think the perfect storm is setting up for this week. Keep in mind that it is… … Lock Limit Up.. Futures rollover and lock limit up… The current /ESH20 contract is trading more volume than the /ESM20 so going to focus on the H contract today. This could possibly be… … Lock Limit Down…Again We have all 4 indices sitting on lock limit down of 5% here in the pre-market session. If we do the same thing as the other day then we will… … 5% down, 5% up Welcome to trading in 2020. The market is set to gap up pretty good this morning after trading that 2703.50 level from last night’s free video. I was expecting this… … Lock Limit Down.. Well we kind of thought or knew this day was coming at some point… ES futures are lock limit down in pre-market right now stuck at 2819 down 145 points… … Bears Everywhere.. Market bulls are no where to be found today. I checked quotes on my phone this morning, and ES was down over 3%, but I’m unable to load TOS from… … Saving Grace?? The rally yesterday was impressive, but it doesn’t appear to be holding… If you were looking to yesterday as the saving grace for this market, and the green light for… … G7 Meetings All Day If you just looked at the current price of the ES or NQ this morning you wouldn’t think very much happened in the overnight session, but when you start taking… … Patience.. The markets may need a little bit of time to digest this move from last week… Last week we saw 1 of the hardest sell offs in history to happen… …
Friday Funday What a week it has been in the markets. I was thinking last night about the last time I saw markets like this and it was back in August of… … Christmas In February? Gap Down! It’s like Christmas morning for some… The overnight action is exactly what I was looking for today, and why I was not buying into the small gap up… … Crude Taking A Beating.. Well no big gap down this morning in the indices like I wanted to see… We did trade lower in the overnight with all 4 indices getting new lows thru… … It’s Not Over Yet.. The markets were pumping higher in the overnight session up until that point where they weren’t. We have another day of insane volume with ES currently at 660k contracts traded… … Batten Down The Hatches! The markets could get a little rough today. We are looking at a Sunday night open gap down of almost 1% and the market has just continued to selloff overnight.… … Monthly Options Expiration I was expecting options expiration Friday to be fairly slow, but that might not be the case today. That doesn’t mean I’m going to press anything if the setup isn’t… … More Rallies? Good Morning. The market was able to rally into new all time highs yesterday, and this morning we are getting a little bit of a gap down situation. It doesn’t… … Recovery Day? The markets have recovered for the day off and are making up for it this morning with moves all across the board. We are however looking at some interesting movers… … Welcome Back! I hope everyone enjoyed the 3 day weekend, and is rested up and ready to go for this week. A couple of thoughts before we get into the week though.… … 3 Day Weekend! The markets are gapping up a bit this morning after holding support yesterday and rallying to new all time highs again. Overnight action has been the slowest of the week… … Are the Markets Allowed?.?.. Are the markets allowed to do this on a Thursday? We are getting a decent gap down across the board and volume that supports the move with over 458k contracts… … Can’t keep a good market down.. At least that's what it seems like... We are getting another gap up this morning with a decent overnight range of 17 points or so, but lighter volume than we… … Back to Normal ...New all time high gap up this morning. Overnight session pushed us up over those 3357 highs that were set in the premarket a few days ago. Now we have… … Monday Morning Movers! The Sunday night opens and the overnight trading action leading into Monday morning lately have been filled with wide ranges and good volume to kick off the week. Today is… … Double Take Happy Friday Everyone! I had to do a double take this morning and make sure quotes were refreshing...it’s a little gap down this morning instead of a gap to new… … YM leading the way.. ..back to new all time highs on the gap this morning. Overnight range in the ES is sitting at about 25 points with good volume of 350k contracts. We had… … Back to Normal? Another day, another gap to new all time highs. After an impressive rally yesterday this market just continues to pour it on here this morning with an overnight range of… … Lookin at you $TSLA The ES gapping up 40 and NQ up 142, BUT $TSLA is up $120+ I’m just curious if it will trade $1,000 today..What do you think? As for the overall… … Game Up or Game Down? Who was expecting the market to game up on Monday morning after that complete reversal sell off on Friday? We did technically game down on the Sunday night open, but… …
All eyes on $AMZN.. Will it close above or below $1 Trillion? The hard end of day rally yesterday with the $AMZN earnings release and this gap down right into the middle of that… … Movement Everywhere Where to look today? ES, NQ, $FB, $TSLA the currencies or maybe even crude... There is movement pretty much across the board today, and it would be very easy on… … FOMC Day The market had an impressive rally yesterday, and is stacking some more on this morning for us all leading up to the FOMC announcement later on today @ 2pm EST.… … All Eyes On Earnings Earnings, Earnings, Earnings All eyes are waiting on $AAPL today after the bell. The markets are getting a little bit of a gap up this morning and NQ/RTY are leading… … Dive! Dive! 😉 Close all watertight doors! The market is in a little bit of a panic mode this morning, but we are not. We are just waiting calmly, and patiently for the… … Light Volume Cancel crash we are gapping up on a Friday. The 3305.25 support level held yesterday, and is pushing us up into new highs in the overnight session with a little… … Changeup We are changing things up today, and the market has decided to gap down for the first time in 382 trading days. 🙂 This move coming from the green to… … Rally Today? It is Wednesday, and that means market gaps up to new all time highs. Stay tuned for Thursday and I might say the same thing. We have a pretty stacked… … Ignore It Happy TuesMonday! The markets were closed yesterday with MLK day, but the futures did trade up until 1pm EST so you will see a little bit of that data on… … More New Highs Pt. 2 New day, new all time highs again. This market is on an absolute tear with another gap up this morning into new all time highs. Volume looks good as well,… … More New Highs Thursday - New High ^ This is the new norm if you didn’t know. 🙂 Yesterday overall did pretty much exactly what we were looking for it to do, and… … Not Much Better.. What a whippy day yesterday. Today however is not looking much better… Overall the market is still in an obvious uptrend, but some indices are showing some weird action. RTY… … Strange Vibes The markets feel just a little bit weird this morning. We had some 8:30am news announcements that I wanted to wait for, but proved to be a non event. Bonds… … Green Another Monday, another green day in the markets. We have all 4 markets gapping up this morning with NQ in the lead most likely on the backs of $TSLA getting… … Plenty of Volume New day, new all time highs. Market is gapping up again this morning, but who really wants to be long the market going into the weekend? Yesterday we were unable… … No Real Resistance This is what we call a runaway market ladies and gentlemen. If you are a Nat Gas trader then those numbers come out at 10:30 today, but otherwise we are… … SOH Nothing to see here… The majority of people would have been expecting a gap down coming into today given the news headlines, tweets, etc. Well we were over 60 points… … Bullish It is bulls market to lose here today. We had a good strong rally yesterday from the gap down that actually pulled all markets green on the day for just… … Quality First 3200 or not? That is the question of the day with ES currently down 19.50 points printing 3215.75. Sunday night started off with a gap down print at 3220.25 and… … Get Ready To Party! 2020 is going to be a party! After an impressive rally yesterday into new all time highs we are currently down about 1% across the board. This move is real,… … Hello 2020! Welcome to 2020! The market is just jumping right into 2020 with an 18 point gap up at the moment in the ES futures. Volume is pretty decent sitting at… …
Goodbye 2019! Lighter volume than yesterday. Markets will be closed tomorrow, and outside of any unexpected tweets they will appear to look closed today after about 10:30. I am personally not trading… … Almost Done! There are only 2 more trading days left in the year 2019! I hope it has been a good year for everyone, and I just want to say I really… … Still Going… The "Santa Claus Rally" is still going… The markets are gapping up on a Friday after an impressive rally yesterday on lighter volume. We currently have the ES up 0.25%,… … 2019 Is Almost Over 2020 is next week! It has been a great year as 2019 comes to a close, and this week will be super slow. The ES is currently sitting at 80k… … SOH Sit on hands. This market is in a super tight right just basing on the high end up here around 3200 with nothing but failed breakouts on the week. Volume… … Patterns Emerging Up, sideways, Up - 1 2 3 This is the pattern I see setting up currently in the market, and in order to trigger this we… … The Big Question Fill the gap or continue higher? The market showed good signs of strength yesterday holding the gap up from the open and just pushing higher all day with a shallow… … Ho Ho Ho… New All Time Highs On A Monday! Futures rollover & Monthly options expiration week as well. Volume is looking good so far this morning with almost 300k contracts traded so… … Twitter and.. Donald Trump Tweets… The opportunity and volatility this week has been absolutely amazing so far, and while I have not been caught on the wrong side of it I also… … Pure Pricing Today Failing from higher prices in the overnight? The FOMC has come and gone, so where are the market when the dust settles? Well it in the overnight session we rallied… … Some News Today FOMC Day If you haven’t traded an FOMC day before then the last 1 of the year is probably not a good time to start. We do have Crude Oil… … Filling Gaps The market rallied up to 3149.50 yesterday which is just 1 tick away from our 49.75 level that we were watching for. Stalled, reversed and then sold off even further… … Be The Turtle – Slow & Steady Happy Monday Traders! We are starting off quite a bit slower than last week, and I think if there is such a thing as ‘normal’ Monday then today will be… … Watching News… The markets started off the week with some high flying volatility and then that was it… We sold off pretty good for the first 30 minutes of yesterday’s trading action… … Be Patient Rally from lows is still pushing up a bit here again this morning. There is an important level here in the ES today at 3122.75 that couldn’t trade yesterday without… … Simple Plan Today? Today looks like some simple trading, but it won’t be easy. Another day with really good volume though as ES is currently sitting at 423k contracts. We have some scheduled… … Gonna Be A Day Close all watertight doors! ^ This seems like a fitting description of today. How many people thought yesterday was just another 1 of those ‘buy the dip’ situations? We broke… … 2019 Is Almost Over! December is here! There are less than 20 trading days remaining in 2019, and so far the first trading day of December is kicking off with… …
Happy Early Thanksgiving Why are you reading this? Go take the day off, and let the market have it’s sloppy choppy day. Volume is light across the board even in Gold & Bonds.… …
Gravy Day! Yesterday we saw the Turkey & today we pour on the Gravy! The market held support levels yesterday from the gap and just ripped straight from the open up into… …
Turkey Week Thanksgiving Week Good Morning Traders and Happy Turkey Day!...in a few days. This week is like most holiday weeks in the market. Lighter volume, and slower steady pushes to the… …
Fake and Shake? Weird That is how I think the market is trading so far coming into today’s session. We had a very range bound choppy market conditions yesterday that acted like it… …
Stops Are Your Friend Untested support… The markets sold off nicely yesterday and we traded into some major support on the Nasdaq, but the ES was just unable to get down to 3088.25 in… …
Gap Down?! Is this allowed? The market is gapping down this morning, and I had to double check and make sure that this was a thing. At the moment we have ES… …
Follow The Trend The trend is your friend. This market has just been trucking higher lately, and it doesn’t seem like anything is going to slow it down...that is until something does. As… …
To Be? Or Not? https://vimeo.com/374021527 To trade, or not to trade. ^ This is the question of the day. The Sunday night session has been volatile to… …
Simplicity (1)Gap Up & Go,(2) Gap & Crap,(3) Gap & Stall Pick a number and then wait to see. I’m going to keep my game plan really simple this morning, and… …
Manipulation Day Paid Time Off - Except for the paid part. This looks like one of those days that the market is just absolutely going to just… …
Cracks In The Armor Potential trend change areas are some of the hardest to trade… The markets have been in a really solid uptrend on all of the higher timeframes… …
Setting More Records? New all time highs coming today? The markets are getting a tiny gap up this morning with ES up 0.03% NQ up 0.08% RTY up… …
Veteran’s Day We are back! Also Happy Veterans Day! With It being a US bank holiday I’m expecting the markets to be a little slower than normal,… …
Follow the Trends “If the markets are able to hold this gap, then we most likely will gap up again tomorrow.” ^ This is something I said in the live trading room yesterday,… …
#patience Don’t Chase! Markets are gapping up here this morning pretty decently for a Monday morning, after a nice run on Friday and the only thing I can say this morning… …
Big News Day Only 2 more months left in the year.. That is absolutely crazy to think about, but if the volatility is anything like September & October then I’m ready for it.… …
BOOOO!!! Happy Halloween! New all time highs and then a gap down the following day? The overall market is feeling a little bit weaker this morning… …
There’d be days like this.. The perfect storm...kind of. As of this writing we have all of the markets basically unchanged here this morning, and the NQ gapping up 0.11%. There really… …
RTY Standing Out $BYND is beyond support at this point. 🙂 A little market humor to start off the day! Take a look at the daily chart… …
Big News Week! What a week we have in store for ourselves. The markets gapped up on the Sunday night open and are currently sitting up 0.26% in the ES, NQ is up… …
Best Trade? No Trade. I have searched high and low this morning for something to do, and I am just not finding anything worth doing on a Friday given the current market conditions. We… …
So Many Doubters.. $TSLA getting a charge here this morning… Expected move was only around $18 and as of right now the stock is gapping up about $45 pushing… …
Up, Down, Left, or Right? Are we failing from highs or can earnings save us? Yesterday we saw steady selling pressure all day, and then it started to get a little… …
Looking Up? Markets Up, Bonds Up This is the first thing I noticed this morning when I was checking quotes. ES is up 5.25 points and… …
Monday, Monday. Happy Monday! I hope everyone had a great weekend and is rested up for the week to come as… …
TOS MIA? The range yesterday was more of the action I was looking for on Wednesday, and then we could be headed higher on a breakout today, but I think that action… …
Keeping An Eye On Tech Back to back consolidation days? Yesterday was a brutal range of a consolidation day, and 2996.75 acted as good resistance with only 1 test on the day. As of this… …
Rest Day? The start of earnings season did not disappoint. Financials are moving like crazy, and I think the most notable from yesterday was… …
Holidays Already? Earnings Season! ‘Normal’ people get excited about summer or parents get excited when it’s time for the kids go back to school, and… …
Columbus Day Slowdown It was a good day to take off, and let the markets thrash around with little to no volume. Here is what I'm watching… …
Crap or Go? Gap and crap or gap and go? With the ES up 29 points this morning it has the potential to do either. I’m currently going to take the day off,… …
Texas Tea Black Gold! Crude oil is the standout mover from the overnight session. The tradeplan given out yesterday with long levels from $51.63 was absolutely spot on, and looking for $53.94… …
Watching Charts This market is absolutely cracked! Yesterday was another almost picture perfect day with the move lower into support followed by a divergence… …
The Big Short The short game. This is what it’s been all about since yesterday after the fakeout over the 53.25 highs. We talked about this where Monday - inside day - Tuesday/Wednesday… …
Feelin’ Good RTY Price Structure [Nightly Premium Video] I played a little Michael Buble this morning while analyzing the markets, and it’s a new… …
Leaning Towards Long Happy Friday! This has been a long week to start off Q4 for us. As of this writing we have the ES down 0.35% NQ down 0.32% RTY down 0.44%… …
Are Markets Sleepy? Overnight sloppy choppy range much? As of this writing we have the ES up 0.07% NQ up 0.10% RTY down 0.09% & YM up 0.02%. The market is taking a… …
Not 100% Convincing Gap down after hard selling yesterday.. There is weakness all across the board, but is this gap down opening going to be… …
Q4 ISM kicked off Q4 with a big ol fat kick to the downside, and all of the markets were able to trade thru prior lows except for the NQ. What… …
Patience Support is holding… On Friday we finally ended up trading down into the 2947 - 2949 zone we were watching for… …
Gold and Crude Good Morning & Happy Friday! The markets are holding support, and as of this writing we have the ES up 0.23% NQ up 0.15% RTY up 0.25% & YM up… …
Big Fake Out? https://vimeo.com/362661231 Yesterday is looking to be the biggest fake out to the downside we have seen in quite some time. The read was right for the reversal, and on… …
Trade’s Setting Up Gap & Crap...this sums up yesterday's action pretty well, but it ended up being a nice day as we were finally able to break down under 2986.25 and catch a… …
Patience Support is holding us...for now. The ES was able to hold the 2986.25 support level yesterday and push us up into 3000.25 by the end of the day and about… …
Crashing To The Lows? Morning Plan: Is the uptrend over? Are we crashing all the way back to August lows? Is the market not going to get new… …
3 Choices Today 3023.25 proved to be more than just a target on our way higher it ended up being a pretty strong resistance level. The morning session yesterday was as close to… …
Selloff Overnight? I don’t know about you guys, but when I checked quotes this morning I hit the refresh button a couple of times, because the market was actually red and not… …
Jingle Bells? PREMIUM NIGHTLY VIDEO: Christmas Morning in September. Do you remember that feeling as a kid the night before Christmas and you went to bed all excited to wake up the… …
Waiting, Patiently? Well...that’s all folks. Yesterday worked out pretty much as perfect as we could have asked for except for not being able to get to our sold strike by 10am, but… …
China? Oil? Exciting Week! Well if we didn’t have enough going on with China let’s just throw some drone strikes in on top of it all to spice things up a bit. And spice… …
Let The Market Work? Today futures are rolling over from the U contract to the Z contract. TOS will automatically roll into the new contract, but I like to keep an eye on volume… …
Taking Tomorrow Off?! I think we can take Friday off. 🙂 Boom! Beautiful swing trade from the other day off of 2959.50 up into 3012.50 that traded to target in the overnight session.… …
Take a Moment 18 years ago today one of the most tragic events to take place on US soil happened. As I typed out the date this morning on the write up I… …
Where, Oh Where? Did you miss me yesterday? I apologize about that, but I was running on less than 3 hours of sleep, and I was watching the markets up until about 5:30am… …
Big News Day Yesterday was quite the breakout...for the first 45 minutes of the day. We rallied off the open about 20 points straight up in the ES and then did a little… …
Old MacDonald Had a Dog BINGO! This is what I said to myself last night as my phone started dinging with alerts going off for the market up over 2941.50 and over 2959.50. I also… …
Tease Day?! Are we about to be teased today? Is this the start of the breakout or just a retest of the upper end of the range and then we fail again?… …
Summer’s Ending! Good Mooorrrrnniiinnnnggg Traders! We are back from the 3 day holiday weekend, summer is coming to an end, most kids are back in school by now, and this means that… …
A Missed Day Of Trading? The Friday before Labor Day! Now normally as a trader I wouldn’t say that I”m looking forward to a 3 day weekend, because it is just 1 more day that… …
Another Morning Shake Out? Failure to go lower. The action yesterday morning at the bell was nothing more than a big shake out as we were unable to get closes beneath 61.50, and then… …
Fifth Time in Four Weeks Gap and crap <- technical term for the price action we saw yesterday morning. We were able to sell off back down into the support zone of 2861.50 - 2865.25… …
Range… Range, Range, Range, Range, Range, Range, Range, Range, Range. Ok just had to get that out of the way. We are going into the 4th week of a completely… …
Welcome to the Volatility Reversal? Or Is this just a fake out to the upside before the next drop lower? Either way. Welcome to the party volatility! The ES has had a… …
Which Way to Go? Indecision This is the best word I can use to describe the markets and how they are currently trading. We have talked about this over the past few… …
Will Today be the Breakout? Breakout day? It is all slowly starting to come together...I think. I don’t want to speak too soon about this market and spook it back into this range… …
Same Levels as Yesterday?! A front run of support and rip higher? The markets tried to hold the 2919.25 support level yesterday, but was just unable to do so, and started pulling back… …
Awfully Quiet This Morning Gap and do absolutely nothing. This was the theme of the day yesterday at least in the ES. I checked quotes yesterday a couple times and each time we were… …
Looking for Picture Perfect We had a great trading week last week, and this week is starting off with some decent volatility for us. As of this writing ES, RTY, & YM are up… …
Big Decisions Was yesterday just a brutal range bound market? There are a couple takeaways from that action though. Later on in the trading day closer to 2pm the RTY… …
Today is a New Day We couldn’t have asked for a better trading day yesterday. The markets setup almost picture perfect for us and ran all the way to, and thru targets. That was yesterday,… …
We Need Confirmation.. or Failure ^ Have you ever seen this gif before? This accurately describes the type of action I think we are in for today. The markets are currently gapping down between 1.34%… …
100 Up or 100 Down? 100 points up from here or 100 points down from here is the $64,000 question. (If you don’t know where that reference came from it was a game show that… …
The Markets The markets are showing a little weakness here this morning with all markets gapping down about .60%. This will take us back to the lower end of the range from… …