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Monthly Archives: November 2018

Weekly Stock Market Commentary 11/30/2018

There have been a number of positive developments in the past week or so: buy signals, oversold conditions producing rallies, and so forth. But...

On Eve Of Trump-Xi Talks China’s Economy Continues To Slump, Overnight Data Say

China’s purchasing managers index (PMI) for the manufacturing sector continued to slump in November, overnight data showed. The index dropped to 50, the level...

OPEC Advisory Group Recommends Cut Of 1.3 Million Barrels A Day To December 6...

It’s only an advisory group with no decision-making power, but the recommendation from the Organization of Petroleum Exporting Countries Economic Commission Board is the...

China’s Banking System Springing Leaks All Over

Take your pick. Either story shows the deep stress in China’s banking system at a time when China’s economy is already slowing. Story 1: After...

G20

This weekend is an important G20 meeting in Argentina. This is a meeting of 19 individual countries and the EU, where they discuss the...

Trade Talk Optimism Gives A Boost To the Markets

The equities markets had a slightly bullish inclination today. The healthcare ETF XLV was up +0.7% a the time this content was created, whereas...
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A Prime Example Of One Of Our Favorite Methodologies

There are many ways to approach day trading.  The ones I tend to rely on are dependent on price movement and volume.  Without movement, there’s...

Economic Data Calls for 12.03.2018

Here’s what we are looking for in tomorrow’s economic reports (Dec 3, 2018) — Good Luck Trading! 1. AU PMI Mfg Index (16:30 NY Time)...
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A Timely Video For Every Day And Swing Trader. Watch It Now.

Watch the video above where Rob shows this strategy in action then go to www.becomeabettertrader.com/go.

Crude Oil Imploding, Could Hit Texas Hard Again!

Crude Oil created a multi-year narrowing pennant pattern over a 4-year time frame (2010-2011). Once support of this pattern broke at (1), Crude Oil imploded,...

Interest Rates Create Bearish Doji Star Topping Pattern, Says Joe Friday

Could interest rates be peaking after moving much higher over the past 5-years? Yes! Joe Friday shares that the yield on the 5-year note, looks...

Are You an Options Buyer or an Options Seller?

Often times when traders first begin trading options, they have a difficult time deciding whether or not they should be buying options or selling...