


Good morning traders! Pretty big move yesterday lower, as the market is having a hard time holding onto higher prices. The situation in Ukraine with Russia certainly not helping stabilize the market. I think there is a big chance for a "Fat Tail" move.
Good morning traders, Some news on twitter saying that there were some shots fired in a village in Ukraine spooked the market briefly overnight, it looks like. This market feels like it's one news move pushes it one way, just to get pulled in the other direction by the next news move. This leaves us with a market that is swinging wide from side to side, but...
Good Morning Traders, Today is a big day with the FOMC minutes at 2pm. It's "bigger than usual" meeting minutes because of the inflation worries. If you're used to reading and not watching the video, I think the video today is important to watch. It talks about technical, and a little bit of fundamental context. Be careful out there today after 2pm, it's not...
Morning Traders! News about Russia's pullback from Ukraine pushed the market higher this morning, but leaves us between two areas. I think the open is important today and I think there are two distinct scenarios. Watch the video for those scenarios :)
Morning Traders, We have some weakness this morning starting with the european open. This leaves the market in between two areas, and I talk about those in the video from this morning. Not sure what to expect for volatility today, but if I had to make my best guess, I would expect it to to be another volatile day.
Good morning Traders, Market took ALL the news move back yesterday, just to turn around again and head lower. We went all the way to the bottom of the range, and have bounced back into the middle. I would expect a wide swinging chop fest today.
Morning Traders, Ideas took forever to upload this morning, so no write up. Have a great day!
Morning Traders! Yesterday turned more trendy than I expected, but we are running into some of that stopping volume above us now. Low volume again today, so we will have to see if we have enough push to get through the resistance, but I think the long side has to be favored here.
Good Morning Traders! Low volume again overnight, and although it picked up yesterday, the market didn't go anywhere. I am looking for a similar type day today. I don't see a whole lot of downside potential with only 55% relative volume at the moment.
Morning Traders! Market trying to find a balance area that is in between the much larger balance above, and the smaller balance below. I would give a slight edge to the buyers here, especially if we can push back into that area that I reference on the video. Volume is a bit low overnight, so maybe a lower volatility day than we've seen lately.
Good morning traders, Buckle up, it's going to be a wild one today. We have NFP jobs report coming out in 15 minutes and we are in a HIGH volatility environment. I would expect the market to be very noisy and travel very far today. Please do not take big risks around the announcement at 830. It's not worth trying to interpret how the market will price in the...
Morning Traders, Big news overnight was the Facebook (Meta) news. FB is down 25 percent in the overnight session, which will likely have some effect on the overall index because of its size. Otherwise, the market has run into the volume above us and is pulling back now. This doesn't mean that a reversal has happened and we are going to plunge, it's just a very...
Mornign Traders, A few minutes until the open here so I want to get these to you. Long story short, the market will likely run into some resistance here at 4560-4565. If we can push through it will likely slow down on it's way to 4650. I think if the sellers are going to show back up, it will be from here.
Good morning traders, Late to the game today. The volatility looks to be rather muted today, compared to what we have seen. I don't want to draw this out too much, it's already late. I would expect back and forth with a skew in the direction of the trend (up)
Morning Traders! Welcome to a new week and a market fresh off a rally on friday. The market has bounced from 4400 overnight, and it's a key area to look at today. I think 4550 area is in the crosshairs if we can sustain the rally and break higher out of this mini 'range' today.
Morning Traders, I've been expecting this market to jump a little, and it just hasn't been able to sustain higher prices. We are left with an upside target of 4400 and a critical downside target of 4250. Likely to be swinging hard in both directions. Widen out!
Good Morning Traders! Market about to open so I want to get this to you quickly. It's short today, but I am looking for a rally.
Good morning traders, Welcome to a new week and a market making fresh lows. I speak in the video about the dragging created by some of the big names, particularly Tesla. They are not the only one, but definitely something to keep an eye on. I think this is a market that has the potential to rally because everyone seems to be talking about the end of the world,...