I remember when I discovered the power of swing points… each holding more information than a library. At first, I wanted to know how to pick off the top or bottom of a reversal. Turns out I was asking the wrong question. The right question is: what can swing points tell me? The answer – … Read more
U.S. stock index futures traded solidly higher in the premarket on Thursday, with Dow futures rising more than 100 points for a second straight day. Around 6:10 a.m., Dow futures indicated a positive open of more than 100 points. Futures on the S&P and Nasdaq were both slightly higher. — RECOMMENDED — WARNING!!! GET OUT … Read more
The stock market’s poor start to December halted in its tracks the kind of euphoric rally that has marked the end of past bull markets, a so-called blow-off top. Between mid-August and late November, the Dow Jones Industrial Average was up 10.5% in a 74-day sprint that seemed to be immune from negative headlines. — … Read more
Oil gained more than 4% on Wednesday, as a larger-than-expected drop in U.S. inventories and hopes of deeper production cuts from OPEC lifted prices. U.S. West Texas Intermediate crude futures gained $2.29, or 4%, to trade at $58.39 a barrel for the third straight day of gains. Brent crude futures were up $2.41, or 4%, … Read more
U.S. stock index futures rallied early Wednesday morning, boosted by a news report from Bloomberg that said the U.S. and China were edging closer to a trade deal. — RECOMMENDED — Why Christmas could be fantastic this year It could be a very, merry Christmas for you and your loved ones this year… Here’s why… … Read more
Kyle Dennis here! Feast your eyes on this… This is the system that I’ve used since I started trading back in 2014. Now, it’s ready for ANYONE to use. — RECOMMENDED — Generate Consistent Income Trading Options What would you buy if you can easily earn an extra $200 per week? $500? Maybe even $1,000? … Read more
As traders, we often get caught up in the internals—chart patterns, price action, volume, and volatility, etc. However, news catalysts often are what drives stocks to make the moves they make. One way you can become a faster trader is becoming more knowledgeable about the companies you trade. That is, understanding its business, how it … Read more
I wasn’t surprised to see volatility return after the signals the market was throwing last Friday – the VIX spiked over 7%, the markets had a mini-selloff, and a few stocks ran into liquidity issues on Wednesday. Traders must have realized their mistakes, as they pushed the VIX up nearly 20% at one point yesterday. … Read more
Imagine this… The moment most people dread. The alarm clock rings. It’s Monday morning. Time to shake off the weekend, get out of bed, grab some coffee and a shower… Time to rush off to that J.O.B. … again. No wonder we all hate Mondays. BUT THAT ALL CHANGES NOW!!! Now Imagine This… It’s Monday … Read more
1. Dow to drop over 200 points at open after Trump’s China trade comments U.S. stock futures were pointing to a sharply lower Wall Street open on Tuesday after President Donald Trump told reporters in London it might be better to wait until after the 2020 election to strike a trade deal with China. Disappointing … Read more