Technical analysis of the major stock indices via SPY, QQQ, IWM, /ES, /NQ, & /RTY followed by updates on the recently highlighted coal trade ideas. Silver or Gold level access initially required.
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Technical analysis of the major stock indices via SPY, QQQ, IWM, /ES, /NQ, & /RTY followed by updates on the recently highlighted coal trade ideas. Silver or Gold level access initially required.
Thanks Randy. Looks like anyone’s game but the bulls have more to prove, perhaps they’re trying to front run the FOMC as they normally run it up and sell the fact. Could we get an Ag commodity update soon please? Coffee looking quite interesting after a 15% pull back, longer term looks to be really trying to carve out a bottom, along with much of the sector. I saw a recent interview with Alasdair Macleod on youtube who theorised China is selling treasuries and dollars essentially and starting to stockpile commodities – see the price of copper. We are perhaps… Read more »
Taken from Macro Charts on twitter…
$QQQ Calls still being bought aggressively – no fear at all despite a 12% drop.
Related: Tech is now the most crowded trade of all time in BofA’s Manager Survey.
Still a lot of complacency out there – so far it hasn’t been wrung out, but history suggests risks remain high.
Well, CTRA really jumping!