Regardless of what school of market thought we come from, the fact is that price (and price action) is the #1 fundamental in financial markets.... Continued
S&P 500 Poised for Resolution on Fed Day
Tomorrow the Federal Open Market Committee (FOMC) will release its statement from its most recent meeting followed by a press conference from Fed Chair Janet... Continued
A Volatility Storm is Brewing
Since the beginning of the year realized volatility in the S&P 500 has dropped ~60% as the leading U.S. equity index experiences its longest streak... Continued
A Fat-Pitch Trade in the S&P 500
This morning following the April U.S. employment report we entered a long SPY trade which was shared in real time in the Trading Lab over... Continued
The Chart We Are Focused On This Week
A post from Dr. Brett Steenbarger this morning reaffirmed some things that I was already thinking regarding where we may be at in the market... Continued
An Important Market Moment
It doesn't take a master technical analyst to be able to discern that the S&P 500 has been forming a top for the last couple... Continued
One More Rally Before 1820 Snaps
There's no doubt that the S&P 500 has formed a mature topping pattern during the last ~18 months: S&P 500 (5-year) Below 1820 there... Continued
Energy & Metals Begin 2016 in the Green as S&P 500 Tumbles
Resource investors should be encouraged by the first trading session of the new year. On a day in which the Dow Jones Industrial Average closed... Continued
The Gold Miners Have Put In A Bottom…. Seriously
While the gold miners (GDX) continue to experience significant day to day volatility the ratio chart of GDX relative to the S&P 500 (SPY) shows... Continued
Equities Run Into Overhead Supply
Ever since early September we have been pounding the table that the path of least resistance for equites was higher because there were simply way too... Continued