by Thomas Wood | Feb 15, 2019 | Futures, Trading Tips, Video of the Day |
Today we revisit the Gold (GC) futures pennant from a few days ago and discuss how the members at Base Camp Trading were able to profit on both the false breakouts, and the final rally using technical analysis of price action. Recent Related Articles Trading in A...
by Dave Aquino | Feb 15, 2019 | Video of the Day |
AMZN showing continued weakness in both the hourly and daily charts, falling 1% in yesterdays trading, and continuing lower by 0.8% today. A lot of weakness stems from the drop in December retail sales numbers which was a -1.2% fall, with over -3.5% in online sales....
by Dave Aquino | Feb 14, 2019 | Video of the Day |
Markets initially moved gapped down this AM after a disappointing Retail Sales number for December. It took about 60 minutes to fill 1/2 the market gap, and then after absorbing the news of the lack of progress in US-China trade talks, completed the gap fill by 1PM...
by Thomas Wood | Feb 14, 2019 | Futures, Trade Setups, Video of the Day |
Today we are discussing a trade from the futures live trading room this morning. We went short the S&P emini (ES) futures on what is called a Trend Reversal Breakout. In addition to the price action setup, we also had confirming bearish momentum from both the 30...
by Dave Aquino | Feb 13, 2019 | Video of the Day |
Just the other day, The Vanguard Group dramatically cut its expected rate of return for the stock market for the next 10 years. Previously Vanguard projected an annualized return for stocks of around 8 percent per year. Now they’ve scaled that back to 5 percent...
by Dave Aquino | Feb 12, 2019 | Equities, Options, Video of the Day |
SPX has tried to reach the 200-Day Simple Moving Average for the past 2 weeks of trading. It touched it today. Hourly momentum is fairly strong, and if new news is positive, it has a reasonable chance to continue higher. Recent Related Articles Trading in A Retirement...
