2022 was a year of losses punctuated by uncertainties between three potential outcomes: inflation, a soft landing scenario, and recession. We saw the 2-year and 10-year yield curve maintain a months-long inversion, typically signaling a recession. We saw the GDP
Trading the News – What We Can Learn From the Market’s CPI – Driven Price Action
On the morning of 12.13.22, the long-awaited Consumer Price Index (CPI) was slated for release. You can see the results of the CPI release on the E-mini Dow Futures below. CPI Release Followed by Dramatic Upside in First Few Minutes
UPDATE Day Trading Margins – related to CPI Report release on 12/13/22
In anticipation of the CPI (Consumer Price Index) report that was released Tuesday, 12/13/22 morning at 8:30 AM ET, day trading margins for the index futures were temporarily increased. UPDATE (12/13/22, 6:15 am PT) : Normal Day Trading Margins are
Using Stochastics in Your Trading
Oscillators can be helpful for traders who are looking for potential “oversold” and “overbought” conditions in ultra-short time frames. But it can be tricky, because the notion of something being oversold or overbought is a matter of longer-term supply and
December Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
Using the Chaikin Money Flow as a Momentum Gauge
A market is trending and you’re looking to get in on a position at the next pullback. What’s the likelihood that the market might continue moving in your favor once you’re in a position? What if the pullback turns into
How a Day Trader Can Read the Current Economic Environment
If you’re a purely technical day trader, you might find the current economic environment to be rather confusing. On the positive side, the volatility we’ve been experiencing can make for a dynamic trading environment, as day traders need volatility to
Analyzing a Market’s Balance of Power
The price of an asset stays still when buyers and sellers are at an equilibrium. When this point of balance happens, it doesn’t last for very long. Buyers may overwhelm sellers and tip prices toward the upside, or vice versa.
November Newsletter
View Upcoming Government Reports & Holidays for the month. The Global Update blog features various blogs from throughout the month. Key Events That Moved the Market in the previous month are detailed.
How Might the OPEC+ Cutback Impact the Crude Oil Market?
The timing of the OPEC+ decision to cut oil production back by 2 million barrels a day (beginning November) is going to have widespread ramifications. As you might already know, the price of crude oil affects more than just gasoline.