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Monday, October 31, 2016

Crude Oil Falls As OPEC Meeting Falls Short


INO.com Traders Blog http://ift.tt/2dVTx90 Hello MarketClub members everywhere. Crude oil prices have fallen after news of deadlock at the OPEC meeting in Vienna. OPEC is trying to work out and implement the framework for an output reduction deal that was agreed to in September. A sit-down with non-OPEC producers including Brazil and Russia also appeared to end fruitlessly. Stocks […]

3 ETF's Investors In Their 30's Should Buy


INO.com Traders Blog http://ift.tt/2e5hx4K The best time to start investing, no matter you age is always now. But depending on your age, there are better investment options than others. I recently wrote a piece discussing a few of my favorite Exchange Traded Funds geared for all investors. Now I am working through different age groups and pointing out some […]

Lots of Potential Speedbumps This Week - SPY Support At $212 Is Critical


One Option Trading Blog http://ift.tt/2eTMb2V Posted 9:30 AM ET - The market is wound very tightly and we have been in an extremely tight range since July. The longer and tighter the range, the bigger and more sustained the breakout. We are dangerously close to major support at SPY $212 and that makes day trading from the long side more dangerous. Last Friday we drop below $212 on news that the FBI was reopening the Clinton e-mail investigation. Over 600,000 new e-mails were found and this is a rather unusual move by the FBI given that we are a week away from the election. The potential …

Lots of Potential Speedbumps This Week - SPY Support At $212 Is Critical


One Option Trading Blog http://ift.tt/2eTMb2V Posted 9:30 AM ET - The market is wound very tightly and we have been in an extremely tight range since July. The longer and tighter the range, the bigger and more sustained the breakout. We are dangerously close to major support at SPY $212 and that makes day trading from the long side more dangerous. Last Friday we drop below $212 on news that the FBI was reopening the Clinton e-mail investigation. Over 600,000 new e-mails were found and this is a rather unusual move by the FBI given that we are a week away from the election. The potential …

Friday, October 28, 2016

Stocks Turn Lower After FBI Announcement


INO.com Traders Blog http://ift.tt/2dUnhyd Hello MarketClub members everywhere. Stocks have given back earlier gains after the Federal Bureau of Investigation announced it is investigating new emails related to Democratic nominee Hillary Clinton. The market's reaction was swift dropping -.50% across the three main indexes. In other news today, the U.S. economy grew at an annualized rate of 2.9 percent […]

When adventures go horribly wrong

Myths About Oil And The Dollar


INO.com Traders Blog http://ift.tt/2fng1An Oil prices and the dollar have been highly negatively correlated during the oil price collapse. From June 2014 through September 2016, the correlation has been -95%. In financial articles, it's a commonplace to read that oil prices fell because the dollar strengthened, or oil prices rose because the dollar weakened. This is largely a confusion […]

Strong GDP Insures Dec Rate Hike - If SPY $212 Fails - Buy Some Puts


One Option Trading Blog http://ift.tt/2fmYEzn Posted 9:30 AM ET - It is typical for the market to rally at the end of October and into the beginning of November. We are not seeing any buying this week and that is a warning sign. Google and Amazon were not able to provide a lift and this will embolden shorts. The SPY is one small move away from challenging major support at $212 and we need to be cautious today. The market has not been able to close above SPY $214 so I am not long any calls overnight. GDP came in at 2.9% and it insurers a …

Strong GDP Insures Dec Rate Hike - If SPY $212 Fails - Buy Some Puts


One Option Trading Blog http://ift.tt/2fmYEzn Posted 9:30 AM ET - It is typical for the market to rally at the end of October and into the beginning of November. We are not seeing any buying this week and that is a warning sign. Google and Amazon were not able to provide a lift and this will embolden shorts. The SPY is one small move away from challenging major support at $212 and we need to be cautious today. The market has not been able to close above SPY $214 so I am not long any calls overnight. GDP came in at 2.9% and it insurers a …

Thursday, October 27, 2016

How to Use Trendlines for Trading – Dispelling the Myths


Vantage Point Trading http://ift.tt/2eW9Fn6

Trendlines are a useful tool for visually highlighting a trend, and potentially being part of a trading strategy. There are a lot of myths and inaccurate information about trendlines though; learning how to use trendlines effectively–if you are going to use them–is crucial so you don’t fall into several common traps.
Trendlines are a technical analysis tool used to define and project price trends in major markets such as stocks, forex and futures. Trendlines have…

The post How to Use Trendlines for Trading – Dispelling the Myths appeared first on Vantage Point Trading.

Will There Be A November Surprise?


INO.com Traders Blog http://ift.tt/2eQsr0J In its most recent Beige Book, covering late August through early October, released last week, the Federal Reserve noted that although economic “outlooks are positive, contacts in several sectors cite the upcoming presidential election as a source of near-term uncertainty, delaying some business decisions.” The same could be said for the Fed itself. How much […]

How Republicans and Democrats are handling down-ballot races

Bullish Bias For the Next Week. SPY Should Be Able To Reach $217


One Option Trading Blog http://ift.tt/2e0kNBK Posted 9:30 AM ET - Yesterday the market fell back below the 100-day moving average and the price action all day was fairly weak. We are getting a nice bounce this morning and buyers should stay engaged ahead of Amazon and Google earnings after the close. Beats have exceeded misses by a wide margin and I'm still expecting a small rally into the middle of the range (SPY $217). Up opens are a little more difficult to trade since I've been favoring the long side. All ships rise with the tide and it is more difficult to separate the fakes from …

Bullish Bias For the Next Week. SPY Should Be Able To Reach $217


One Option Trading Blog http://ift.tt/2e0kNBK Posted 9:30 AM ET - Yesterday the market fell back below the 100-day moving average and the price action all day was fairly weak. We are getting a nice bounce this morning and buyers should stay engaged ahead of Amazon and Google earnings after the close. Beats have exceeded misses by a wide margin and I'm still expecting a small rally into the middle of the range (SPY $217). Up opens are a little more difficult to trade since I've been favoring the long side. All ships rise with the tide and it is more difficult to separate the fakes from …

Wednesday, October 26, 2016

Private prisons are a bad, bad idea

Oil Rebounds On Surprise Inventory Drop


INO.com Traders Blog http://ift.tt/2dKVaRX Hello MarketClub members everywhere. Oil prices rebounded briefly above $50 a barrel today after government data showed a surprise drop in U.S. crude inventories, offsetting skepticism over OPEC's planned output cut. Oil prices had fallen earlier on the back of bearish supply data from the American Petroleum Institute. U.S. commercial crude stockpiles fell by 553,000 […]

Reading the “Breadth” of the Market Right After the Opening Bell


Trading Concepts, Inc. http://ift.tt/2eRM8DO

In today’s video, I go over a couple of live trades that I took this morning on the E-Mini S&P 500 future contract (ES) that, eventually, resulted in a plus +4.00 gain. I bought the market shortly after the opening bell, however, was stopped out for a loss as it trade thru support. After lower prices were rejected, below the 2126.256 Overnight LOW, I just had to buy it again! Be sure to watch today’s video to learn why we were expecting this market to eventually move higher.

Also, if you would like to learn a few simple and actionable trading strategies that you can start implementing immediately and/or learn more about the Opening Bell Income Strategy DAILY… click on the link below…

The Strategies Working Best in Today’s E-Mini Market Webinar Replay

Reading the “Breadth” of the Market Right After the Opening Bell


Trading Concepts, Inc. http://ift.tt/2eRM8DO

In today’s video, I go over a couple of live trades that I took this morning on the E-Mini S&P 500 future contract (ES) that, eventually, resulted in a plus +4.00 gain. I bought the market shortly after the opening bell, however, was stopped out for a loss as it trade thru support. After lower prices were rejected, below the 2126.256 Overnight LOW, I just had to buy it again! Be sure to watch today’s video to learn why we were expecting this market to eventually move higher.

Also, if you would like to learn a few simple and actionable trading strategies that you can start implementing immediately and/or learn more about the Opening Bell Income Strategy DAILY… click on the link below…

The Strategies Working Best in Today’s E-Mini Market Webinar Replay

Japanese Yen Set for a Winter Sell?


INO.com Traders Blog http://ift.tt/2dKbaDN The Japanese Yen is finally ready for another bearish wave, the kind that could drive the Dollar-Yen trade to retest the 2015 highs. At least, that is what the USD/JPY technical analysis suggests. According to the MACD Index, the selling momentum has weakened, and the pair is just resting above the 100 pivot, a key […]

Beats Outnumber Misses By Large Margin - Market Dip Should Be Shallow


One Option Trading Blog http://ift.tt/2ev3w4y Posted 9:30 AM ET - Yesterday the market drifted lower and it closed right on the 100-day moving average. I expected better performance ahead of Apple's earnings. The 100-day moving average has been crossed so many times that it has little technical value. Stocks will probe for support this morning and I believe the drop will be contained. Apple posted in line earnings, but the expectations were high. Call open interest was double the put open interest and speculators were betting on a pop. As I mentioned in yesterday's comments, when a trade is crowded it rarely works out. I believe …

Beats Outnumber Misses By Large Margin - Market Dip Should Be Shallow


One Option Trading Blog http://ift.tt/2ev3w4y Posted 9:30 AM ET - Yesterday the market drifted lower and it closed right on the 100-day moving average. I expected better performance ahead of Apple's earnings. The 100-day moving average has been crossed so many times that it has little technical value. Stocks will probe for support this morning and I believe the drop will be contained. Apple posted in line earnings, but the expectations were high. Call open interest was double the put open interest and speculators were betting on a pop. As I mentioned in yesterday's comments, when a trade is crowded it rarely works out. I believe …

Tuesday, October 25, 2016

A Quick Plus +4.50 E-Mini S&P Points Shortly After the Opening Bell


Trading Concepts, Inc. http://ift.tt/2eNzZ2S

In today’s free video, I recorded a live trade in the E-Mini S&P 500 futures market (ES) that resulted in a quick +1.50 and +3.00 trading two contracts. Shortly after the opening bell, market context was bullish and we weren’t seeing any real weakness in the market internals suggesting, at least in the short-term, the ES would likely fill the gap (2144.50 Prior Day CLOSE). Be sure and watch today’s video to learn more! Have a great day!

A Quick Plus +4.50 E-Mini S&P Points Shortly After the Opening Bell


Trading Concepts, Inc. http://ift.tt/2eNzZ2S

In today’s free video, I recorded a live trade in the E-Mini S&P 500 futures market (ES) that resulted in a quick +1.50 and +3.00 trading two contracts. Shortly after the opening bell, market context was bullish and we weren’t seeing any real weakness in the market internals suggesting, at least in the short-term, the ES would likely fill the gap (2144.50 Prior Day CLOSE). Be sure and watch today’s video to learn more! Have a great day!

This Week's Stock Was Just Released - Projected 14% Gain


INO.com Traders Blog http://ift.tt/2dSziaX Our Stock of the Week was released this morning. Are you on the list? If you haven't subscribed to INO's Stock of the Week, you can get this week's pick right now and you'll receive a new pick each and every Tuesday before the opening bell. An excerpt from today's Stock of the Week: "Having […]

Buy A Few Calls and Hold Overnight As Long As SPY $214 Holds


One Option Trading Blog http://ift.tt/2dScGXS Posted 9:30 AM ET - Yesterday the market rallied above the 100-day moving average and it was able to hold the gains. That bodes well for trading today and the S&P 500 is up slightly before the open. I am expecting a bounce into the middle of the trading range this week and the SPY should be able to get to $217. Mega cap tech stocks will post results and Apple is on deck after the close. Google and Amazon will report after the close Thursday. Traders do not like shorting the market ahead of these earnings announcements. Europe's flash PMI …

Buy A Few Calls and Hold Overnight As Long As SPY $214 Holds


One Option Trading Blog http://ift.tt/2dScGXS Posted 9:30 AM ET - Yesterday the market rallied above the 100-day moving average and it was able to hold the gains. That bodes well for trading today and the S&P 500 is up slightly before the open. I am expecting a bounce into the middle of the trading range this week and the SPY should be able to get to $217. Mega cap tech stocks will post results and Apple is on deck after the close. Google and Amazon will report after the close Thursday. Traders do not like shorting the market ahead of these earnings announcements. Europe's flash PMI …

Day Trading Stock Picks for Week of October 25


Vantage Point Trading http://ift.tt/2eHlrmY

Day trading stock picks almost guaranteed to move big each day during the week of October 25: $AG $CHK $WLL $GPRO $AKS
I screen for day trading stocks with a recent history of volatility. That means these stocks are highly likely to move big each day for the next week.
A new list is published each Tuesday, before the Open, on VantagePointTrading.com.
What can you expect from these day trading stock picks:

greater than 5%…

The post Day Trading Stock Picks for Week of October 25 appeared first on Vantage Point Trading.

Monday, October 24, 2016

DoJ begins extradition process against Stuart Scott


Home - FX Week http://ift.tt/2epElTn DoJ begins extradition process against Stuart Scott

Agency seeks to have the former HSBC employee – a UK citizen and resident – face wire-fraud allegations on US soil

Who really controls the web?

Best Way To Buy Calls Ahead Of Earnings - Follow My Advice


One Option Trading Blog http://ift.tt/2exWFt9 Posted 9:40 AM ET - The market is poised to rally this morning and it should get back above the 100-day moving average. European flash PMI's were better-than-expected and M&A is hot. More importantly, mega cap tech stocks are on deck and that will keep buyers engaged. Apple announces earnings after the close Tuesday. Google and Amazon will post earnings after the close Thursday. Do you want to buy calls on these stocks? This is probably the most widely followed trade by novice option traders. Option implied volatilities are juiced and this strategy can lose money even if the stock goes …

Best Way To Buy Calls Ahead Of Earnings - Follow My Advice


One Option Trading Blog http://ift.tt/2exWFt9 Posted 9:40 AM ET - The market is poised to rally this morning and it should get back above the 100-day moving average. European flash PMI's were better-than-expected and M&A is hot. More importantly, mega cap tech stocks are on deck and that will keep buyers engaged. Apple announces earnings after the close Tuesday. Google and Amazon will post earnings after the close Thursday. Do you want to buy calls on these stocks? This is probably the most widely followed trade by novice option traders. Option implied volatilities are juiced and this strategy can lose money even if the stock goes …