Trading Trump: Wall Street stresses over White House comments

Trading Trump: Wall Street stresses over White House comments

In the News, Market Trends
NEW YORK (Reuters) - JPMorgan Chase & Co’s (JPM.N) trading desk was not buying what U.S. President Donald Trump was selling this week. [caption id="attachment_3799" align="alignnone" width="715"] FILE PHOTO: Specialist trader Meric Greenbaum works at his post on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 17, 2017. REUTERS/Brendan McDermid[/caption] On Tuesday, major stock indexes plummeted more than 3 percent on renewed fears of a trade war with China — just days after Trump tweeted, following a steak dinner with Chinese President Xi Jinping, that “Relations with China have taken a BIG leap forward!” “It doesn’t seem like anything was actually agreed to at the dinner,” JPMorgan wrote in a note to clients later that day, adding that Trump’s tweets “seem if not completely…
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Wall Street tumbles, spooked by growth and trade worries

Wall Street tumbles, spooked by growth and trade worries

globalMarketsNews, Market Trends, US Economy
(Reuters) - Wall Street tumbled more than 3 percent on Tuesday, led lower by bank and industrial shares, as the U.S. bond market sent unsettling signs about economic growth and investors worried anew about global trade. A prominent Federal Reserve official’s comments about the path of interest rate hikes added to the uncertainty for investors, as did setbacks for Britain’s plans to leave the European Union. The S&P 500 .SPX posted its biggest single-day percentage drop in about two months, giving back some gains from Monday and a week earlier, when the benchmark index tallied its largest weekly percentage gain in nearly seven years. The small-cap Russell 2000 dropped 4.4 percent, its biggest one-day plunge in more than seven years. Investors were focused on U.S. Treasury yields, where the benchmark 10-year yield…
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Trumps Tariffs, Trade Wars, Brexit, Longest Bull Run, are these indicators of a Global Recession?

Trumps Tariffs, Trade Wars, Brexit, Longest Bull Run, are these indicators of a Global Recession?

globalMarketsNews, Market Trends
In March 24th 2000 the stock market peaked before the the bubble burst, known as the dot.com bubble, in one of the worst market corrections in decades, some companies, such as Pets.com and Webvan, failed completely and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com. The S&P 500 eventually bottomed out at on October 10th 2002 to 769 that was a 51% drop from the high in a matter of two and a half years. In October 11th 2007 the stock market again peaked and the S&P 500 hit a high of 1576 before the bubble burst again this time know as the financial crisis. The S&P…
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Short Term: Great swing trade on the SPXL (S&P500 leveraged x 3)

Market Trends
Great swing trade Bought Tuesday last week Sold Tuesday this week up $2700 Bought back in yesterday new target $49.78. (Blue arrow is where I bought, pink arrow is where I sold). [caption id="attachment_3731" align="aligncenter" width="605"] ETF SPXL (S&P500 leveraged x 3) Swing Trade[/caption]   Buy your copy now and discover the pattern for yourself! Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets  
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S&P500 Broke Through Short Term Resistance!

S&P500 Broke Through Short Term Resistance!

Market Trends
Today the S&P500 broke through short term resistance despite the news on the China and U.S. tariff trade war. From the chart below we can see the constant lower highs and today broke through the resistance channel. I believe it will be a bumpy ride for the coming months but the S&P500 will eventually get back up to the old high set in January 2018. However I believe that once the market reaches the high it will fail and we will start falling into a market correction. These market corrections last a few years and the total loss from the high is typically 50%. To find out were the market crash is likely to occur and what to do to protect your pension and other stock investments sign up to…
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2018 Market Crash Warning

2018 Market Crash Warning

About the Book, Market Trends, US Economy
This year is a very important year and it's important to know which side to be on when the stock market turns! In March 24th 2000 the stock market peaked before the the bubble burst, known as the dot.com bubble, in one of the worst market corrections in decades, some companies, such as Pets.com and Webvan, failed completely and shut down. Others, such as Cisco, whose stock declined by 86%, and Qualcomm, lost a large portion of their market capitalization but survived, and some companies, such as eBay and Amazon.com. The S&P 500 eventually bottomed out at on October 10th 2002 to 769 that was a 51% drop from the high in a matter of two and a half years. In October 11th 2007 the stock market again peaked and…
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Nice Pullback on the S&P500

Market Trends
$SPX $SPY $SPXL Nice healthy pull back wait to see where support is formed before buying in.   Buy your copy now and discover the pattern for yourself! Select Print Type: Paperback (Black & White Only) $14.95 USD Paperback (Full Color) $64.95 USD Save a tree? Buy an ebook copy instead at the follow outlets  
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Gold Rush Done, Now what?

Gold Rush Done, Now what?

Market Trends
As mentioned in my book gold does well in the first few weeks of the year. So How did I do this year? Overall from the trades I made about a 10% return, which was ok, I would have expected a better return on this one. Things for me to take away with is when it aggressively rallied (which it did 3 times) I should have just sold out and let it pull back to buy in again. But I didn't want to play around with this too much I just wanted it to take it's course. The blue arrows indicate where I bought the pink arrows where I sold or where my stoploss triggered. [caption id="attachment_3628" align="alignnone" width="1170"] NUGT (gold) Daily[/caption] Yesterdays FOMC (Federal Open Market Committee) meeting announced…
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NUGT Found NEW Support Time To Be Bullish again!

NUGT Found NEW Support Time To Be Bullish again!

Market Trends
NUGT is one of my favorite trades! It’s a short-term trade that lasts about 6-7 weeks with a return of about 50-65%. I have been in a position since 12/26/17 at around $25.92 and it pulled back quite a bit this week but is still in the channel (see chart Below) but now shows early signs of support and I have adjusted my stop loss just below the new support today. The one thing I like about this trade is that is has given me a 100% rate of success, and you can see more details of the stats for this ETF in my book. The Federal Open Market Committee (FOMC) had already announced that interest rates will go up in 2018. And their next meeting is set for 30-31st…
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