ACTS Money Machine

The Ultimate Technical Analysis Handbook

BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0730.ET
World Markets are Down Big and  US Markets/Futures are near Flat . . . Nasdaq slightly Up while the other big indices are slightly Down.
QQQQ/SPY are currently Trading at 42.74 / 106.22
The US-Dollar is Up over 80 now

I’m looking for a small Drop and then a Bounce Up today . . . totally dependent on the Employment Report BMO this morning.

There are several Economic Events out all day.. with THE Big one at 0830.ET

0845.ET
The Employment Report came out within the expected wide range . . but the Unemployment Rate came out below expectations (manipulated of course) . . .
SO … I think we will get our Bounce today that I’ve been predicting  .. but I will probably let it run Up and then start Opening Down positions … the jobs created was negative and the overall economy is still not looking too good.
QQQQ will probably go Down to the level I posted for subscribers last night at some point . . either before the Bounce, or after a run higher Open . . . either way, I will be Shorting rallies.

AMC Commentary 

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BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0730.ET
World Markets are Down 0.50% – 2.20% and  US Markets/Futures are Down some as well.
QQQQ/SPY are currently Trading at 43.81 / 109.60
The US-Dollar is Up to 79.80 now

The Markets are Down nicely now as I predicted yesterday on our Public Message Board (when I bought QQQQ PUT options). If not already registered there (FREE), go ahead and do so .. then look for posts by “blasher”.

Look for retests of yesterday’s highs . . . subscribers, use the key-levels I posted in this past Weekend Analysis Commentary. . . . the failures or successes of these retests will give us signs of future direction.

There are  Economic Events out all day.. with a Big one at 0830.ET

AMC Commentary 

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New Economic Boom? Why 2010 Should Be One to Remember

BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0730.ET
World Markets are Up and  US Markets/Futures are Up slightly.
QQQQ/SPY are currently Trading at 43.60 / 110.27
The US-Dollar is Down to 79.0 now

I am expecting at least a small rise today before key-levels will be tested . . . . Refer to last night’s AMC Commentary and to my Weekend Analysis Commentary for more details of my Trading Plan this week.

There are  Economic Events out all day.. with a Big one at 0815.ET

AMC Commentary

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BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0740.ET
World Markets are Up Big and  US Markets/Futures are Up some.
QQQQ/SPY are currently Trading at 43.39 / 109.49
The US-Dollar is Down slightly … but well over 79 now

I’m expecting a Down day . . Up some in the early morning, then Dropping lower . . . . Refer to my Weekend Analysis Commentary for more details of my Trading Plan this week.

There are  Economic Events out this morning .. starting at 0745.ET with a Big one at 1000.ET

AMC Commentary

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5 Fatal Flaws of Trading

BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0720.ET
World Markets are Mixed and  US Markets/Futures are Up some.
QQQQ/SPY are currently Trading at 42.94 / 107.94
The US-Dollar is Down slightly … but well over 79 now

Refer to my Weekend Analysis Commentary posted yesterday for my Trading Plan.

There are Big Economic Events out this morning .. at 0830.ET and at 1000.ET

AMC Commentary

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Here are my thoughts on this past week and Trading Plan for next week . . .

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The Three Phases of a Trader’s Education: Psychology, Money Management, Method

BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0730.ET
Far East Markets are Down Big, European Markets are Up slightly, and  US Markets/Futures are Up slightly.
QQQQ/SPY are currently Trading at 43.66 / 108.65
The US-Dollar is Up … over 79 now

After this week so far, the mood is Bearish, however I do see signs of a possible Bounce . . . however, I would not get Bullish today under any circumstance. . . . Using my VST/ST Trading Model, I will be looking at any Rally for a place to Open a Down position.

There are lots of Big Economic Events out this morning .. starting at 0830.ET

AMC Commentary 

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Check back Sunday night for our Weekend Analysis!

Bernanke’s Burn Notice — Why Now? Research Reveals Insight Into Fed Chairman’s Popularity

Like a spy who gets a burn notice (as depicted in USA Network’s hit series, Burn Notice), suddenly he lost his support. No one trusts him anymore. Why the sudden turnaround in his fortunes? Read More

BMO Commentary

Go through the Morning Checklist to see how the Markets are currently doing and what Economic Events may affect the Markets today.

0730.ET
World Markets are Up nicely and  US Markets/Futures are Up slightly.
QQQQ/SPY are currently Trading at 44.66 / 110.45
The US-Dollar is Flat … still well above 78 .. almost to 79

Today will be important as the Markets try to break out of the Range they’ve been in for the past few days. . . . For QQQQ, 44.8x on the Upside and 44.00 on the Downside are the barriers.

There are Big Economic Events out today .. starting at 0830.ET

AMC Commentary

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Seasonal Stocks

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