What next after such a dramatic week?
This week has been a truly seminal one, and difficult to put into words the price action we have seen. Dramatic hardly does it justice, and […]
Stock Market Analysis
Indecision doji candles on both ES & NQ
As you would expect the ES e-mini too has followed a similar path today in terms of both price action and volume with the daily […]
First significant pause in YM
Today’s price action in the YM (e-emini future for the Dow Jones) looks to be closing with a shooting star candle on very high volume, […]
Dizzying heights for the YM e-mini
For nervous investors with a fear of heights, the words of Jesse Livermore echo through the trading ages, as he exhorted fellow traders that a […]
Heads up on the VIX!
And so the alarm bells will soon be starting to ring as the VIX continued its stately progress lower yesterday and quietly moved into single […]
Yen index as we wait for NFP
The second most important currency index is the Japanese yen and moving to the daily chart, the price action here is more laboured and also […]
VIX now approaching single figures once again
For major US indices and indeed the European bourses, last week was another which saw risk on sentiment return as the markets become ever more […]
Where next for US equities and the YM ?
Whilst August is generally a month of relaxation and rest, for the US indices it has been one of turmoil and tumult, signified with wild […]
Will the ES emini join the leader of the pack soon?
For US equity traders and investors these are worrying times, as the NQ emini continues to blast its way ever higher, and leaving its sister […]
NQ emini leading the way once again
For those students of the market who are widely read, the words of Jesse Livermore are never more apposite than at present, and I am […]
Classic trap move on the YM emini daily chart
US equity markets continued to wallow again yesterday, as risk on appetite wanes as global tensions continue to weigh on risk asset classes, bringing to […]
And Caterpillar continues to make tracks higher
And speaking of the US presidential election, which everyone continues to do for many different reasons, one of the stocks I tipped at the time […]
NQ emini leading the way once more
If you have never read Reminiscences Of A Stock Operator, I would urge you to do so immediately, because in this book you will find one […]
It’s been a long time coming!
It’s been a long time coming, but last week’s strong move in US equities, finally saw the VIX break through the platform of support which […]
Caterpillar delivers in bucket loads
They say a week is a long time in politics, and as the waters settle following the US presidential election, and relative calm is restored […]
Caterpillar likely to win, whoever gets in
Whether Hillary Clinton or Donald Trump is the next incumbant of the White House, there are some stocks for whom the outcome may be of […]
VIX continues to test support as the NQ leads
Last week was another where the strong platform of support below the 12 region for the VIX remained unbroken as the index closed at 13.29 […]
The big yawn for many, but not for equities
One of the greatest fictional characters ever created was archetypal fictional detective Philip Marlow, so wonderfully portrayed on screen by both Humphrey Bogart and Robert Mitchum […]