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Now That Everyone’s Been Pushed Into Risky Assets…

Now That Everyone’s Been Pushed Into Risky Assets…

If we had to summarize what’s happened in eight years of “recovery,” we could start with this: everyone’s been pushed into risky assets while being told risk has been transformed from something to avoid (by buying risk-off assets) to something you chase to score essentially guaranteed gains (by buying risk-on assets). The successful strategy for eight years has […]
China Unexpectedly Tightens Monetary Policy

China Unexpectedly Tightens Monetary Policy

Following The Fed’s 3rd rate hike in 11 years, the PBOC decided, unexpectedly, to follow in the Fed’s footsteps, and tighten conditions by raising the interest rates on its open-market operations, the 7-, 14-, and 28-day reverse-repos, by 10bps each, to 2.45%, 2.6% and 2.75% respectively. That followed an increase of 10 basis points at the beginning […]
Breakout Trading Opportunities

Breakout Trading Opportunities

Yesterday we talked about a form of breakouts that discovered and used by Nicolas Darvas Box trading that you can check out right here. This time around I want to highlight further the different forms of breakout trading. The S&P 500 bounced hard today and it is going to look to continue that momentum into […]
The Medium-Term Trend – Wednesday, March 15

The Medium-Term Trend – Wednesday, March 15

The Fed remarked today that they will continue to maintain their large Treasury holdings for the time being rather than let them roll off as many investors expected. It is believed that by maintaining these large holdings, the Fed is keeping longer-term rates low. In other words, the Fed is focusing on promoting growth over […]
Hold Off On ProPetro’s Upcoming IPO

Hold Off On ProPetro’s Upcoming IPO

ProPetro (Pending: PUMP) filed an S-1/A with the Securities and Exchange Commission for its upcoming initial public offering. The company plans to sell 20 million shares at a marketed price range of $16 to $19, with an additional 3 million shares as an over allotment option for its underwriters. Of these shares, 47% are being offered by […]
Did The Fed “Sneak In” A Hike Because Of Strong Stocks?

Did The Fed “Sneak In” A Hike Because Of Strong Stocks?

In the past, the Federal Reserve was accused of “working for Wall Street”. This claim is questionable, but there is no doubt that the Fed watches markets. It’s no secret. When the Fed basically told us that it is raising rates in March, many thought that the Fed has upgraded its forecasts and is set to accelerate […]
Fed Hikes Interest Rate, Signals More To Come

Fed Hikes Interest Rate, Signals More To Come

GOLD PRICE FENDS OFF USUAL HIT; PREDICTED TO SOAR BY YEAR’S END The United States Federal Reserve carried through on weeks of speculation by boosting its benchmark interest rate by a quarter point to a range between 0.75 and one percent. This marks the second straight quarterly increase, and the first of three forecast by […]
Fed Day – Wednesday, March 15

Fed Day – Wednesday, March 15

Podcast: Play in new window | Play in new window (Duration: 13:15 — 7.6MB) DOW + 112 = 20,950 SPX + 19 = 2385 NAS + 43 = 5900 RUT + 20 = 1382 10 Y – .08 = 2.51% OIL + 1.24 = 48.96 GOLD + 21.10 = 1220.70 Today is Fed Day. Policymakers at the Federal Open […]
Daily Trading Opportunities – Thursday, March 16

Daily Trading Opportunities – Thursday, March 16

During the session on Thursday, there are a lot of announcements that could move the markets. The day should be volatile, but there three markets look particularly interesting to us. WTI Oil While rising above the hammer from the previous session on Wednesday was a good sign, it is likely that the fundamental reasons for […]
Best Stock Charts – Wednesday, March 15

Best Stock Charts – Wednesday, March 15

Video Length – 00:23:07