How To Be Positioned for SP500, Gold & Oil
The second half of last week we saw some strong price action in the equities market. The SP500 broke through the 5 and 50 day moving averages closing the week just under key resistance levels. The SP500 futures will find resistance at the June…
Back 2 Back Reversals for the Stock Market
The market continues to become quicker and fiercer as it move up and down 2+% on a regular basis This week we have seen some wild price swings due to earnings, events and the Fed’s which just makes trading that much more intense.
I have…
Gold, Oil and SP500 Trading Patterns
It was an interesting options expiration week for equities that’s for sure. We saw some very choppy price action with large waves of buying and selling as the bulls and bears fought for control.
Both Gold and Oil closed lower for the week…
Mid-Week US Dollar, Oil, Gold and SP500
It’s been another strong week for equities but are stocks and commodities about to get hit with some selling pressure?
I have put together a short video coving all of these investments but here is my Coles Note Version:
US Dollar:
The…
What I See Next for Gold, Dollar & SPX
Last week we saw stocks move sharply higher as traders started to cover their short position which added fuel to an already oversold market ready to bounce. Overall volume was not that strong on the move up which is a bearish sign. On Friday…
Gold, Black Gold and Equities Technical Charts
July 7th, 2010
It’s been a short but exciting week so far. Investors and traders are have been scratching their heads the past few days as stocks continued to bounce around giving mixed signals. But today was a clear day of short covering…