ACTS Money Machine

U.S. Stocks: Will The Bears Relinquish Control?

BMO Commentary

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

0800.ET
World and  US Markets/Futures are Up some.
QQQQ/SPY are currently Trading at 43.11 / 107.11
The US-Dollar is Down slightly .. hovering at 80 now.

I’m looking for a small rise at the Open … with ST Resistance levels at 43.30, 43.40, then 43.5x . . . rising and Holding above that would be very ST Bullish. . . . Look for Reversal Signals at each of these Resistances on the way Up as Bulls showing their weakness .. but don’t necessarily jump on the Bear wagon unless you have a Strong Down Signal or you are Trading a VVST move.

There are Economic Events out today.. with the biggest one at 0830.ET

AMC Commentary 

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Hi all . . . thanks for putting up with the outage here over the extended weekend.
I finally have had power for hours now, so it should stay up for the night now.
We have another snow storm coming in now, but it is smaller.

Here’s what I see for Trading the rest of this week:

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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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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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If Stocks Tank, Shouldn’t Gold Soar?
Large banks, pension funds, and gold bugs are become more infatuated with gold the more the economy weakens and stocks decline. But when you look at the facts, does gold really rise when stocks fall? 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.

0645.ET
Asian Markets are Down Big while European Markets are Down some and  US Markets/Futures are Down slightly now.
QQQQ/SPY are currently Trading at 44.16/ 109.09
The US-Dollar is Up some … still below 79

Pretty much the same as yesterday . . . I’m looking for an Up-Bounce . . . but watch for a failed rally to Open Shorts . . . QQQQ=44.5x-44.6x and SPY=110.50 are good areas to look for our Trading System Reversal Down Signal . . . BUT, if she looks Strong, just let her ride Up.

There are lots of Big Economic Events out today .. starting at 0745.ET.

AMC Commentary 

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