Rinse and Repeat: What We Do Every Month

Rinse and Repeat; we come up with a forecast every month of where we think that price is likely to go, and we express our forecast through our Options trades. It’s like turning a wheel every day. 

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Nice E-Mini Futures Long Trades and Crude Oil and BAC Stock Updates

There were a few real good E-Mini futures long trades yesterday that I want to go through with you on today’s video. I hope that by showing you these trades will help you trade trends more effectively by making you see that things don’t have to be complicated. If the E-Mini S&P 500 can close above 1400.00 I would then expect the highs of 1417.75 to be tested.

On today’s video I also update you on the long Crude Oil futures trade and long Bank of America (BAC) stock trade. Have a profitable day and a great weekend and I hope this video helps you in your own trading.

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Month End Matters

Good Morning, Friends, Despite the initial dip yesterday evening, the reaction to S&P’s cut of Spain’s debt ratings was muted – that is, the world didn’t end – and Italy managed to get some paper sold without undue stress. Thus far this morning, we’ve seen a lot of pressure from institutions adjusting their portfolios for […]

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More Rain in Spain

Good Evening, Friends. Lest the market get happy and complacent in the wake of what appear to be excellent earnings from AMZN, S&P has cut Spain’s sovereign rating to BBB+ from A, with a negative outlook, indicating that additional cuts could be in the offing. This almost certainly means that Spain will have to pay higher rates […]

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Crude Oil Futures and BAC Live Trade Update

On today’s video I take you through complete trade updates on both the Crude Oil futures long trade and the Bank of America (BAC) stock long trade. Each of these trades are working out very nicely, but I still need to make a couple stop adjustments. As you know with any trade you put on, you have to manage that trade – trade management is key to successful trading. And on this video I walk you through those trade adjustments. Have a profitable day and hope this helps.

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Happy Fed Day

Good Morning, Friends,   As the chart of the SPX indicates, traders are feeling more bullish today despite some lousy durable goods numbers for March, which even on the ex-transport front were down 1.1%. The consensus expectation was up 0.5%. It’s also worth remembering that there are a lot of central bank events on the calendar […]

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Start of a New Trend? Watch the Short-Timers

Is this the start of a new uptrend? I still think that the larger Weekly timeframe has some sideways/down work to do yet, but it’s still possible. Let’s let the smaller timeframes help us understand when they begin to “lead” the price into a new trend.   

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A Huge UP Opening for AAPL and a Potential BAC Buy

AAPL stock is opening up at 615.64, UP 55.36 points higher from where it closed yesterday based on blow-out earnings. There is no trade set up here due to the market opening up so high. I do believe however Bank of America (BAC) is setting up for a BUY right here at the price of 8.28. This trade is setting up nicely based on both the weekly chart and daily chart. I urge you to watch the video to get more details. Have a profitable day and I hope this helps.

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Summary of our April High Probability Iron Condor Trade

Today’s Market Minute is a summary of how we played the High Probability Iron Condor for the April cycle. This was not an easy period to play a “neutral” strategy, with the market showing one of the strongest trends that we’ve seen since 1998….so we needed to add some Dynamic Defensive positions to help manage […]

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An AAPL Long Trade Set Up Here

On today’s video I not only give you a brief update on the Crude Oil trade, but point out a good potential long AAPL stock trade that could be setting up for tomorrow. I am also waiting for the British Pound / US Dollar to set up for a long trade, but it needs to pull back more. There is no need to chase this market, or any other market…you need to exercise patience.

Here Are 4 Very Important Things to Remember When Trading:
(1) Trade with an EDGE
(2) Manage Risk
(3) Be Consistent in your Trading Approach
(4) Keep It Simple (KISS)

Have a great day and hope this helps in your trading.

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