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12 Febtoday’s trading

Bob Prechter’s “Conquer The Crash”: Eight Chapters For Free

BMO Commentary

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

0715.ET
World Markets are Mixed-Flat and  US Markets/Futures are Down larger than usual.
QQQQ/SPY are currently Trading at 43.38 / 107.43
The US-Dollar is Up Big .. well above 80.5 now.

It’s looking like we’re heading for a Down Opening .. but we still have big news out at 0830.ET that could easily change that. . . . However, it is key to note that the Bullish enthusiasm from yesterday is not spilling over into today .. we’re seeing weakness early on in pre-market … and even in Gold (1081), where the 1080 level is key Support.

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

AMC Commentary 

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01 Febtoday’s trading

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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28 Octtoday’s trading

Gold: What’s REALLY Behind the Record Rise, Bull or Bubble?

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 Down Big and US Markets/Futures are Down slightly.
QQQQ/SPY are currently Trading at 42.25 / 105.95
QQQQ Resistance is at 42.4x, then 42.70 – 42.90, then 43.15-43.30, then 43.70 – 43.80
QQQQ Support is at 42.20, then 41.85, then 41.7x, then 41.6x

There are Big Economic Events out this morning starting at 0700.ET and then 0830.ET . . pay attention to them and be careful!

I’ll be looking to Bank Profits on my Short Microsoft (MSFT) as well today .. like I did very Profitably last week. . . as always, I’ve used PUT options to accomplish my Down position (Shorting).

I see a weak Opening this morning, but always watch out, using our Model/System, for a Bounce . . . I am Bearish over the near-term, but the masses are still Bullish and can rally the markets quickly on dips if they see fit . . . and the Smart Money is all too happy to sell to them at slightly higher levels.

Don’t forget to check out my Long-Term Charts and Vote for me at the bottom of the page. :)

AMC Commentary

Now that was a nice day! . . . I’ve been calling for a Top during this entire recent consolidation .. look back at most of my Annotated Charts for the past two weeks. . . Anyway, now that we had a Big Down day, what’s next . . .

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