S&P500 Confirms Memorial Holiday Breakout

S&P500 Confirms Memorial Holiday Breakout

S&P500 Confirms Memorial Holiday Breakout 02 June, 2017 Last week on May 24th the ES broke out of a trading range.  But, since it was the week before Memorial Day weekend we took it with a grain of salt.  Sure enough we had a pullback that retested the breakout...
S&P500/ES Hourly Trade Setup

S&P500/ES Hourly Trade Setup

S&P500/ES Hourly Trade Setup 05 December, 2016 Early last week we published a post about the easiest trade you might be able to make all year.  Basically, it advocated buying pullbacks on the hourly charts and holding on as long as you can. Well, overnight...
The Simplest Trade You Could Make All Year

The Simplest Trade You Could Make All Year

The Simplest Trade You Could Make All Year 28 November, 2016 Sometimes its best to just keep things simple. We mentioned last week that US Equities generally have a bullish bias during the Thanksgiving holiday week and that if a breakout were to occur, there was a...
US Equities In A Holiday Week

US Equities In A Holiday Week

US Equities In A Holiday Week 21 November, 2016 US Equities are at an interesting point.  The DOW has pushed to new highs as has the small caps index (Russell 2000).  But the S&P 500, the broader measure of the US Stock market and the Nasdaq, the market...