While there might not have been a lot to post about last week as far as trades the markets have seemingly bottomed where I roughly called well ahead of time. That of course is oil and the Stocks indexes. However what to make of them from here?
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Now that Oil has fallen to the level that I suspected it would I am looking to go long. I am long at 29.95 and will wait for oil to rise to retest the previous highs if it does. I would think that 31.30 is easily achievable and perhaps higher as a …
Well I hope you were long oil yesterday and did not listen to all the pundits. You see if you do then you become the sheep who are led to slaughter. Sentiment is not as difficult to understand as some people make it out to be charging thousands for…
Well just for reference if you headed over to my "Trading the EUR/USD and EUROFX" blog you are now in your 5th signal to trade for 20 pips. If it closes that will mean another 20 pips to go with your 80 pips so far. Better than most newbi…
Stocks are getting ready to make a big rally. Much bigger than the pundits who think we are headed down realize. We are not headed that much further if we are headed down. I suspect that the S&P is bottoming in this area. Same as oil. So I am n…
The pundits are only now beginning to croak about what I have been saying for the past 6 years in Canada.
What have I been saying?
"That this monstrous debt bubble that is propping everything up and causing everything to disconnect in Canada i…
Well it is hard to believe that half the month is already over. Time seems to really fly when you are tuned into the markets as the days pass like minutes.
That being said they have been very anemically range bound this week and opportunities h…
