The signals we saw yesterday are suggesting we may finally have a tradable top in place. There's still a few good trends out there, but there's also a few places to start adding puts.
We open the week with a review of notes and bonds moving into currencies and metals along with a few other commodity markets.
The divergences continue as DIA pushes ahead of IWM and SPY. There are still pockets of strength and that's where I continue to focus for our existing positions.
We open the week with a review of the major stock indexes and some of the divergences we've seen along with an update on bonds, metals and the yen.
Stocks had a nice rebound from the lows but the rally is still suspect. We're focus on a few select stocks while the best trades can still be found in bonds.
Stocks have seen a nice rebound, but as of now it's just a rally to resistance. Here's the plays we're looking at in the current market.
This week's update starts with coffee and cattle and moves to a full review grains, metals and bonds.
Tuesday's action saw a nice bounce for indexes, but let's not forget we're still in a downtrend. These are a few of my favorite stocks to sell spreads on into strength for the rest of the week.
After last week brought some long overdue volatility back into the markets we're stepping back to look at some weekly charts to see where we may be headed from a swing trading perspective.
Thursday's selling came with conviction and volume, likely a a glimpse of what's to come. Inside that we're trading gold, bonds and the yen and have updates on a few of our favorite stocks.