Good morning! I was traveling on Friday so was not able to publish the newsletter but I’m back in PR and ready to go. Markets dropped on Friday apparently after remarks from Fed Governor, Bullard. It seems that he believes rates should start moving higher next...
If you’re a trader, this is a perfect environment to be an option seller. Option sellers use option decay and not market direction to determine their profits. It is just an unforced reality that decay will occur and you will come out with a gain. Trust me! I do...
If you have not heard about or considered trading Micro Futures, you really should. It is the greatest trading product for retail traders that have come out in a very long time. When starting to trade futures, I always recommend micro futures to start with. The margin...
Good morning! Today is Fed day, which means that the Federal Reserve determines the interest rate policy. Clearly there will not be any changes in interest rates since the Fed typically discusses potential changes well in advance of a change. What is important today...
Good morning! There are many that think the market is overvalued and should go down. Some that are permabears think that the market has been overvalued since 2008 and have followers that feed on fear that believes the same. But will the market really correct over...
Good morning! After a pause during the overnight session, futures are breaking to the upside this morning. Several large cap tech stocks are turning up so we may see a follow-through after the nice rally on Friday. I am targeting 4240 on /ES and 13980 on /NQ. It may...
