Market update posts are designed to keep you updated on current market moves. From our long call in the forex market late October 2018 AUD/USD to the short in NDX.
These updates are designed to keep you informed on upcoming moves in the market. Posted Weekly.
Half a Trade Deal By Trading Analysis October 10th, 2019 As we trade -3.18% from all time highs. The market news seems to get worse and worse. Yet with all the negative data coming out, the S&P is not far off the top. Todd remarks on different market scenarios....
Join us for a quick update on the markets as we head into the Fed tomorrow.
For now we’re going to book profits on the SPX drop according to our plan, but we’re turning our back on the newly budding downtrend. If we don’t hold 2900 we’re going to get right back after the short side with SPX puts.
It’s good practice to protect your high flying equities that are pushing this market higher by generating income with covered calls. But the question is WHERE do you place that call sale rather than a throwing dart.
The Fed is set to cut rates by at least 25 bps tomorrow with the intentions of keeping the expanding economy moving ahead. We see potential trouble setting up in the S&P 500 and are positioned for a push lower on a possible buy the rumor sell the news. When it comes to gold, we see continued upside and have option positions locked and loaded for the coming move.