Wkly Market Round-Up thru July 15th 2016; Like a Bull in a China Shop!

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Jul 172016
 

Markets seem to be on a solid run post BREXIT Vote! We’ve seen a bounce of over 8% in many major indexes and the Bulls do not appear to be done just yet. There are signs of some fatigue but price action shows we are still south of target highs. Even thought the markets took a quick dip into close this Friday the Bulls are still in charge as we kick off Q2 Earnings Season. Check out my take here on where I have the near term target for the S&P and what we could possibly expect.

 

Don’t Be A Rat Brain Trader — Trade Smart !!
hpb

Wkly Round-Up thru July 8th 2016: Jobs, Jobs, Jobs! Is that all?

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Jul 102016
 

Hey Folks, the markets this week appeared like they wanted to run higher all week. They were pushed back on any attempted run higher yet price action was determined to continue higher! And then we got the US Jobs Numbers on Friday and appeared to be the catalysts to rocket price action to the upside closer to all time highs while creating new 2016 highs! Will this upward momentum continue? Or, will we succumb to the upward momentum as we have done over 20+ times since we hit our all time highs in May of 2015? Get my take on these markets in this week’s Round-Up;

 

Don’t Be A Rat Brain Trader — Trade Smart !!
hpb

Wkly Round-Up thru July 1st 2016: The markets gave us its own Fireworks show!

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Jul 022016
 

Wow! What a week we’ve seen! For those of us looking forward to a great fireworks show on our July 4th Independence day here in the US, we did not really have to wait! We got our own Fireworks show courtesy of the financial markets. The BREXIT Vote to Leave was the first shock to the markets and we saw over 3 Trillion dollars wiped out in less than 2 days – a record! Then over the next 4 days we have seen price action recover almost all that was given up before the vote! Amazing! Now where can we go from here? Here is my take on the markets. Happy 4th and enjoy!

 

Don’t Be A Rat Brain Trader — Trade Smart !!
hpb

Wkly Round-Up thru June 24th 2016: Bookies Blew it!

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Jun 252016
 

Hey everyone. Well not much words are needed to describe the price action this past week in the markets! Most market participants and more important, the Bookies all got it wrong! The only chart that really showed the real risk in the markets was the Volatility of Volatility. More on that one in this week’s Weekly Round-Up. For now understand the markets missed the call with the British voting to leave the E.U. and price action did what we could expect; drop like a rock! In this week’s video update I review the current price action and where we could go from here. I also discuss how we used volatility to tell us the warning signs were apparent if you had decided to follow them. Enjoy!

 

Don’t Be A Rat Brain — Trade Smart !!
hpb

Wkly Round-Up thru June 17th 2016; Crazy Week Ahead !!

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Jun 182016
 

Folks it is an understatement to say this upcoming week will offer plenty of fireworks for the financial markets. The BREXIT has global ramifications, and of course we have Yellen of the FEDs giving her 2 day Monetary Policy Statement in front of the Senate Banking Committee. Price action could be very volatile. Here is my take on the current state of the market below. Enjoy!

 

Don’t Be A Rat Brain Trader — Trade Smart !!
hpb

Wkly Market Round Up thru June 10th 2016: –Market at Key Inflection Point

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Jun 112016
 

Hey everyone, the upcoming few weeks will be instrumental to market price action for the near term. Remember the markets always over correct to both the upside and the down side in case of a shock to the system before price action has some time to settle. In this case we have the FOMC coming up this Wednesday with their statement and Yellen’s quarterly press conference and then the following week we have the British referendum vote on whether they stay or leave the European Union. Both of these events can cause a price shock to the markets and we need to tread carefully! And finally next week is what is known as triple witching week with the expiration of Monthly and Quarterly Options as well as Futures and Index Options. Here is my take on the key levels we will need to take into consideration over the next few weeks;

Don’t Be A Rat Brain Trader — Trade Smart !!
hpb