U.S. stock futures fell on Monday as losses in Apple shares pressured the broader tech sector while investors braced for key testimony from the top Federal Reserve official later this week. As of 8:14 a.m. ET, Dow Jones Industrial Average futures were down 74 points, indicating a loss of 109 points at the open. S&P … Read more
Is good news bad again? The Bureau of Labor Statistics released its NonFarm Payrolls report this morning, and it blew expectations out of the water. You see, “forecasters” were expecting the U.S. job market to add anywhere between 135,000 and 205,000 NEW jobs in the month of June. However, when the numbers were released it … Read more
Now, there are two ways to scale up: Learn more strategies. Trade more shares or options contracts. But the problem with scaling up is knowing when to do it. A lot of traders like to jump the gun and actually start learning multiple strategies… thinking the more they put into use… the more money they’ll make. … Read more
I’ve been able to consistently profit, finding high-probability trade setups throughout the year by focusing on catalysts, patterns, and value. Today, I want to talk to you about patterns. More specifically, one of my bread-and-butter formation patterns— the continuation. “JB, I’m learning daily. Thx for all this knowledge. I took $740 profit on ATOS early. … Read more
One of the most difficult concepts to learn is structuring a trade (I get more in depth in this video series). Obviously, it only takes a click of a button to buy or sell a stock, that part isn’t difficult. But for most novice traders, answering these questions are. At what price should I enter … Read more
By Jody Chudley, Financial Analyst Some opportunities are just too obvious to pass up. On January 10th we e-mailed you and pounded the table on the commodity sector. Why? Because we believed that there was conclusive evidence that the entire sector was unbelievably cheap. To support that fact, we demonstrated how the Goldman Sachs Commodity Index … Read more
U.S. stock index futures pointed to a slightly lower open on Friday as investors focused on the release of a key monthly jobs report. Around 6:30 a.m. ET, Dow futures implied a negative open of more than 20 points. Futures on S&P 500 and Nasdaq were also slightly weak. Market focus is largely attuned to … Read more
Ten years into the recovery, the economy’s ability to create new jobs may be slowing both because the U.S. is running out of workers, and also because the trade war may be worrying employers. Economists expect to see 165,000 jobs were added in June, after a stunningly low 75,000 payrolls added in May, according to … Read more
Markets are closed tomorrow for the Fourth of July holiday. Usually on days before a holiday, trading volumes and dry up, and volatility drops…leaving very few if any trading opportunities on the day. Of course, there is that chance a catalyst hits, so I’ll be at my desk, but I’m not expecting to do much. Instead, … Read more
Government policy uncertainty and a poor earnings outlook will keep the stock market from rallying any further this year, according to Goldman Sachs. Low interest rates have boosted U.S. equity valuations this year, bringing the S&P 500 to record highs, and investors are hoping long-term yields dropping even more will lead to even higher stock … Read more