Fact vs. Fluff: Elliott Wave & Technical Analysis Scans
Good afternoon traders. I trust your weekend has been enjoyable. Below are a couple of really good questions I received this week regarding Elliott Wave and more specifically the ability to run a [...]
Closed TXN March 75/80 Call Spread +33% and +120%
Back on February 10, 2017 I posted the following chart and New Trade Alert on Texas Instruments (TXN). I opted personally to go with the Call Spread for a cost of $1.78 per contract. But either [...]
Trend Change in The Dollar Index?
FX Land Heating Up March 4, 2017 OK traders….did yesterday’s price action offer the first definitive clue that a move lower in DXC is underway and thus a move higher in EUR/USD? While [...]
+64% in SPY Put Spread – Now What?
Good evening traders. While the S&P’s are pausing here today, the larger question is: ‘How much longer can the headwinds be ignored?’ A little clarification though. There [...]
Dollar Bears Ready to Hibernate?
Good morning traders. Not only was the coffee I made this morning incredibly good (French pressed Ethiopian from Backporch Roasters here in Bend), but right after I took my first sip, I looked at [...]
Trade Selection: Time To Step It Up
It’s Good Enough I have been posting Weekly Performance numbers for that past month or so. One of the more obvious reasons to do this is for accountability as well as keeping clients [...]
All Eyes on Italy
Traders, So now what? No real big reactions from NFP but DXC and the S&P’s are largely in line with what I was looking for in the near-term at least….i.e. modestly lower levels. [...]
