As painful as the rise in energy prices has been here in the US… It pales in comparison to what’s been happening in Europe. It was truly stupid for leaders to sell their souls to Putin in order to look virtuous on the “climate crisis”… And now those chickens have come home to roost. But […]
One look at this has me spooked… See that giant “void” in the volume levels of the chart? You can think of it like “quicksand” in the markets… it’s a liquidity pocket where very little volume has traded. And it could serve as a major sink-hole to markets as we move through the fall. Over […]
If you’ve spent 10 minutes on the internet in the last few years, you’ve definitely heard some self-satisfied halfwit spew out the line… “Correlation does not equal causation.” It’s almost always used to bolster a half-baked argument to begin with… but it does bring up an important point. People have a natural talent for ignoring […]
Hey everyone, No… I’m not doing a terrible impersonation of Jim Morrison… And I’m not in my normal format. That’s because extraordinary times call for extraordinary measures. A video with a breakdown of the markets seemed a bit “inappropo” given everything that’s going on right now. There’s just so much uncertainty and volatility right now… […]
Wishful thinking is a powerful drug… It makes you daydream all sorts of “gum drops and cotton candy” futures that often don’t come to pass. I am just as guilty as the next trader (yes, even after all these years). I honestly thought the “macro trade” would have cooled off by now. But it looks […]
Zen Buddhists have a concept that loosely translates to “the art of doing nothing.” Basically, it’s a “get more with less” kind of thing. Now, it does seem weird at first… especially since, as traders, we’re all a little “type A” from the starting gate. We want to be in everything, trading every bar, digging […]
A theme that we’ve been working with over the past few weeks is to stay away from the Fed’s line of fire. The saying “don’t fight the Fed” is pretty apt here… but not in the way that most people mean it. We’re not looking to put ourselves on the same side of the boat […]
Hello everybody, it’s Steve again with your usual Market Analysis for the week. Go watch the video below: Then don’t forget to check out this presentation that will show you our secret to amazing and consistent gains. >>> Click Here To Uncover The “Market Magnets” That Predict Price
