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

Wkly Options Market Round-Up thru June 3rd 2016; Bad US Jobs Numbers means what?

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Jun 052016
 

Folks, we had a very interesting end to an otherwise normal slightly bullish trading week! The US Jobs Numbers were, to put it bluntly; -well they sucked! All analysts and market technicians missed big time with the numbers coming in at 38,000 and unemployment dropping to 4.7% driven mostly by many leaving the actual labor market. If you counted these people in the actual job numbers then the US employment rate would jump up to about 20% or in that range! This calculation was changed back when Carter was President and of course I believe it masks the true weakness of US Equities. But as bad as these numbers were, the day say price action fight back the initial shock and close well off the day’s lows. Here is my take on what can happen next across different asset classes;

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

Wkly Market Round-Up thru May 27th 2016: Approaching All Time Highs!

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May 292016
 

Hey Everyone! I want to wish all of our US members a happy Memorial Day. We now can kick off the official start to the Summer Season which also tends to be a weaker time for bullish price action in the S&P 500. Thus far, it does not appear the markets want to give up its run higher. Here is my take on the current price action;

 

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

Wkly Market Round-Up thru May 20th 2016; Truth or Dare

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May 222016
 

Hey Folks, we have an interesting market week coming up as we head into a long US Memorial Day Holiday weekend. The markets appear to be in the Twilight Zone where gravity and rational forces are at odds with expectations and objectives. Here is my view on where the markets currently find themselves;

 

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