Noise Increase

If we look at the S&P 500 yearly charts, we can see price is around the highs of last year and earlier this year. This will always be considered a sticking point for price due to reversal levels and congestion from the past.

SPX Yearly Aug 3 2020

If you were on yesterdays webinar, you (more…)

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Sensible Driver Ahead

Get ready for the week ahead. It will be an interesting one. Earnings accompanied by the Fed rate decision on Wednesday and a bunch of profit-taking to spice it all up.

Methods change

We are now officially in a sensible driver phase of the market so get ready for the rocky road (more…)

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Volatility and Noise

Hi ,

S&P 1.3% away from turning positive and we have 156% of return.

Ignore the noise

The year started off where 2019 finished and we were enjoying the longest bull run in history, until the pandemic hit the market.

That’s when everything changed.

We have seen the fastest turnaround from the ATHs (more…)

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Most Valuable Car Company

Hi Dynamic Trader,

TSLA closed +3.7% yesterday giving the company a market value of about $208 bln.

Tesla

That is now more than TM (Toyota) which has a market value of about $202 bln.

From $350 to over a $1000 in less than 4 months. That is phenomenal. I imagine the (more…)

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Volume

Hi ,

One of the absolutely most useful indicators is volume.

Volume is the wind beneath the stocks wings

For stocks, volume shows the number of shares being traded.

So if stock ABC had 20 shares purchased and 10 shares sold on a particular day, the volume for that day would be 30.

In futures and options, the (more…)

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Morning Update for Jun 25 2020

Hi ,

Yesterday the market had a pullback. At least for the moment, we can assume it is a pullback and nothing more.

These are generally good for continuations as long as they hold at or near support zones.

On a big one day pullback, it is often difficult to (more…)

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Herd Mentality

Hi Trader,

From one dog all dogs bark

Herd Mentality

As many of you will know, we have been long this market since April 7 2020.

During this period many traders were either short and losing money or looking for the markets to resume the decline so they can take shorts.

We (more…)

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Where Next for the Market?

Hello Dynamic Trader,

We have a day away from the markets as the UK and US are closed so expect low liquidity on FX today.

SPX 20200525

We continue to wait for the S&P to show its hand. Right now it is staying very close to the DVI so we have to (more…)

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