Bernanke’s Breakout?

In just a few minutes, the FOMC will be releasing a statement summarizing the results of this week’s meeting. One of the techniques that Todd teaches, “The First Half-Hour Breakout” can often be employed when an important economic release or Fed announcement is issued, taking advantage of the resulting volatility. In this case, people will […]

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More Glitter for Gold?

Spot Gold (XAU) has had some rough sledding of late, largely staying between the mid- to lower Keltner Channels, and moving below the 61.8% Fibonacci retracement level on an intraday basis, although the closes prior to yesterday have held above it. Moving average support remains some distance away, and generally, this looks more like a […]

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A Day for Vigilance – “Risk Off”

Good Morning, Friends. With central banks and sovereign wealth funds long more Dollars than they care to be, and with the Eurozone finance ministers posting goose eggs for their efforts in Poland this weekend,  traders might have anticipated that the currencies that have become havens in place of the Swiss Franc, such as the Canadian and […]

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Doc’s Market Minute, 9/16/2011

A quick thought on how the Monthly Options Expiration can affect the dynamics of the stock market. 

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Plan B for the Euro?

Good Morning, Friends. With the extension of new swap lines from a number of central banks (including the Fed) to the European Central Bank, concerns over the ability of European banks to cover their borrowing needs in Dollars through year end have abated. That’s a positive for equities; another is the rumor of a TARP-style […]

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EUR, All Over the Place

Hi, Friends, It might be more than normally prudent to keep stops tight in EUR/USD today, as it’s gapping to and fro in response to headlines. Almost everyone with a Eurozone government ID appears to be a player in the early going; first German Economy Minister Roesler was quoted saying that the German high court […]

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Up, Down, Sideways?

Good Morning, Friends. Lower Manhattan still resembles an armed camp in spots, but here we are, with a new day, a new market, and new opportunities.  Equities, and the Euro, are currently climbing higher. A prominent consulting firm observes that the FOMC may feel compelled to act more aggressively following its meeting next week due […]

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Doc’s Market Minute, 9/11/2011

A quick thought on today’s Market and how to apply it with Options.   

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A Dollar, A Day

A fair number of equity managers, who in years past would have been hard pressed to spell “FX” if called upon to do so, have in these days of “risk on” and “risk off” trading environments become accustomed to keeping an eye on movements in the Dollar Index (DXY). The chart above is a six […]

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Doc’s Market Minute, 9/7/2011

A quick video on the current price action on the S&P500 and how we can use it to profit.   

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