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Monthly Archives: August 2018

EURO Could Hit 1.1550 if Fitch Downgrades Italy Tomorrow

The U.S. dollar rebounded against all of the major currencies today with the exception of the Japanese Yen and its underperformance tells us that...

5 Highlights of Warren Buffett Interview on CNBC August 30, 2018

Warren Buffett was interviewed on CNBC on August 30, 2018, his 88th birthday. The 5 highlights were: (1) Stocks are currently more attractive than fixed income...

It’s back–the emerging market crisis that shook global markets just two weeks ago

Remember that emerging market crisis that whacked 10% out of the iShares MSCI Emerging Markets ETF (EEM) between July 31 and August 15–and even...

Which would you rather have: OTM, ITM, or ATM?

When trading options using short to medium term strategies, we’re not looking to hold positions for a year, six months, or even three months....

8/31/18

Levels for Indices and Modern Family ETFs-no commentary tonight. S&P 500 (SPY) Working off the runaway gap. 289.37 is a good spot to hold. If...
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VantagePoint Hot Stocks Outlook for the Week of August 31st, 2018

Hot Stocks Outlook for the Week of August 31st, 2018 The Hot Stocks Outlook uses VantagePoint market forecasts that are up to 86% accurate to...

S&P creating topping pattern like 2000 & 2007?

Did the topping patterns in 2000 & 2007 have anything in common? Yes!  While the S&P was hitting nominal new highs in 2000 & 2007 at...
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Tableau Software Is At A Critical Point

I see potential in one particular stock at the highs. $DATA is now at a critical price point but the potential for a breakout...
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A Good Day In the Biotech Sector

Today was mostly positive for our open positions in biotech and healthcare and there were a good number of positive moves in the sectors...

MasTec Has the Wind At Its Back

Argentina’s peso tanked 7.5% against the dollar on Wednesday, bringing losses to nearly 50% over the past year, after President Macri asked the IMF to speed up delivery...

[Exclusive] Are You Evolving or Managing Your Decline

Think of improvement as a heartbeat. Improving a little each day is a weak heartbeat.  Improving a lot is a strong one. Given how fast the...

Economic Data Calls for 8/31/18

Here’s what we are looking for in tomorrow’s economic reports (Aug 31, 2018) — Good Luck Trading! 1. CH Non-Manufacturing PMI, Manufacturing PMI and Composite...