Opening Play for Monday 11/3

Oct 31, 2014 | Opening Play

Good Morning Traders! Most of Friday was spent consolidating a large gap up basis the pit session.   Basis the 24 hour charts, the SPs have had two big low to high days.  More consol
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Opening Play for Friday 10/31

Oct 30, 2014 | Opening Play

Last day of the month! The transports rallied to all time highs but now have pulled back two days high to low.   On the other hand the Russell weekly charts still look constructive to
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Opening Play for Thursday 10/30

Oct 29, 2014 | Opening Play

  Good Morning traders…NO  three bar triangle  breakouts for Thursday!  FOMC and previous day’s volatility took care of just about  every market.  However, mornin
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Opening Play for Wednesday 10/29

Oct 28, 2014 | Opening Play

Good Morning Traders! The pre FOMC rally used up plenty of upside bullets.  It is unlikely there are any shorts left, and the market will need to digest the new buying that came in.
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Opening Play Tuesday 10/28

Oct 27, 2014 | Opening Play

        Good Morning Traders!   Start of FOMC…and Dax has   turned back up on the 120 minute (see chart belo) and the SPs are testing the upper end of a
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Opening Play for Friday 10/24

Oct 23, 2014 | Opening Play

Good Morning traders! The SPs have rallied over 140 points in 5 days.   The tick chart that we have been posting for the past few days shows how price hit the upper level of a broader
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Opening Play for Thursday 10/23

Oct 22, 2014 | Opening Play

Good Morning Traders! The markets had plenty of early rotation, trading on both sides of opening price.  An early morning short led to push down and an early morning Buying opportunit
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Opening Play for Wednesday 10/22

Oct 21, 2014 | Opening Play

Good Morning! An opening gap UP above the previous day’s high led to a torrid short covering rally and influx of new funds. After a trend day UP, expect a consolidation morning m
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Opening Play for Tuesday 10/21

Oct 20, 2014 | Opening Play

Good Morning! SPs made a Sell Short day lows made first with an opening gap down.  The test of the upside breakout level from Friday held and the market proceeded to rotate around the
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Opening Play for Monday 10/20

Oct 17, 2014 | Opening Play

Commentary: Good Morning Traders! Options expiration helped to keep a bid under big cap blue chips with expiring puts. The small cap shares retreated though, after getting a bit ahead
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