Last week was insanely slow and I don’t see why next week will be much different. The year is basically over for large firms and thus it will be a few small players and algos most of next week. That doesn’t mean there will be no trading opportunities, but they might be very hard to...
Back to closing at all time highs in SPX which will likely lead to more new highs next week. Also, a lot of charts, especially in momentum names look much better. There is only two trading weeks left and we are coming into what is usually a very strong time of the year. Breadth: SPX...
Last week was not a very friendly trading environment for short term traders like ourselves. However, we took very few trades and did fairly well overall. Can’t ask for more than that during such a week. Let’s get into next week. Breadth: SPX stocks at 20-day highs: Last week we got to short term oversold...
The market finally got a bit of volatility last week, but still ended on a fairly bullish note that needs to be confirmed next week. I mentioned last week that I was expecting rotation and although I didn’t get in as early as I would have liked we did navigate last week pretty well and...
The Last Open Interest for 2017
Happy Holiday’s! Let’s get right into next week! If you have not yet subscribed to my weekly freebie you can do so below to get next weeks trade sent to your mailbox Monday morning (Tuesday this week). Last week I outlined a trade for AAPL which did work if you took profits quickly and before […]
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