by Dave Aquino | May 16, 2019 | Video of the Day |
When the daily charts give you a bullish signal at the close, it pays to be prepared for a bullish morning breakout trade higher. Today, the SPX ran higher $30+ from the opening bell for the first 3 hours of trading. A prepared trader made nice profits all morning....
by Dave Aquino | May 15, 2019 | Video of the Day |
Market Volatility sometimes gives you the opportunity to profit from increased option premium. We took advantage of both volatility and an inverted head and shoulders reversal to sell an 11-Hour Option Iron condor for an overall 10% return. Recent Related Articles...
by Dave Aquino | May 14, 2019 | Video of the Day |
The market has been falling for 5 of the last 7 days. Today we have the first high of the day that is higher than the previous day. This is a potential sign of a reversal. The markets should seek to move higher over the next couple of days into the SPX $2877 price...
by Dave Aquino | May 13, 2019 | Video of the Day |
The overall S&P500 has been lower 5 days out of the last 6. Today it found support at $2800. If it breaks this level tomorrow, we should look for it to drop down to the 200-Day MA around $2775. If it does bounce higher, look for the next upside target at $2859....
by Dave Aquino | May 10, 2019 | Video of the Day |
SPX was anticipating the US increase in tariffs on Chinese goods and expected the resulting Chinese threat to tariff retaliation. It seems that the initial downside AM move was undone by early noon, and have recovered all and more of the losses today. Recent Related...
by Dave Aquino | May 9, 2019 | Video of the Day |
US-China trade discussions are in focus today. The markets have fallen over the past 4 days, and are primed to go lower if the trade talks fail to produce any advancement in agreements. Recent Related Articles MicroQuant ValueCharts® Complete Suite Now Available on...
