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RedLion Trader: Unsupportive breadth has us looking down to $ES_F 1672
Today’s Economic News: Really good data out of Europe. Things looking good in the UK. Watching those inflation numbers now. Quote of the Day: Many people take no care of their money till they come...
View ArticleTrade Pilot Pro Trade Strategy 8.14.13: Options Expiry
August 14, 2013 David Dube It’s option expiry this week … The way to cause the most “pain” to both call and put owners would be to keep price locked within a relatively narrow range, forcing decay in...
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Red Lion Trader: Yo ho, yo ho, a pirate’s life for me. Arrrrgh $ES_F 1668
By: redliontrader Today’s Economic News: UK UK UK! Perfect 4 out of 4 on the retail numbers. The news seems stacked for the USA today as we get Philly Fed, NY Empire, Industrial Production, Capacity...
View ArticleTrade Pilot Pro Trade Strategy 8.15.13: Heavy supply
August 15, 2013 David Dube Price action has been rangebound recently…We have stated in recent posts that this would continue until the balance of supply/demand shifts. Yesterday’s continued selling...
View ArticleTrade Pilot Pro Trade Strategy 8.16.13: 3% Pullback
August 16, 2013 David Dube Ten (10) days…-3%…and 50 handles lower since our call on 08.02.13 “Top Turn Date” with a near perfect Head and Shoulders topping formation now solidly confirmed. With...
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To be young again…Zweig is under 40 but where is the volume? $ES_F 1648
Today’s Economic News: Inflation numbers continue to come in on point. Today in the US we will watch the housing starts and permits and what Michigan has to say about inflation and consumer...
View ArticleTrade Pilot Pro trade strategy, 8.19.13: Deeper correction in S&P, looking to...
August 19, 2013 David Dube Selling has picked up momentum the past few trading sessions and the S&P is now below its 50 DMA, notching an approximately -3% decline…So until price can recapture...
View ArticleTrade Pilot Pro $ES_F strategy, 8-20: Relief rally? New swing high above 1648...
August 20, 2013 David Dube The S&P index has been down four consecutive sessions, giving up approximately -3%, which can be classified as a “normal” pullback. Past pullbacks of this magnitude have...
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RedLion Trader: Waiting to hear about the Great Taper Caper $ES_F 1709 x 1684
Today’s Economic News: Not much data so far today. All eyes really on the Fed and the 2pm ET statement from the Bernank. Housing data will be an interesting read, that Spanish industrials orders is...
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RedLion Trader, Mon. 1-6: Start me UP … 2014 is just about to begin $ES_F...
Featured Breadth Chart of the Day: With the bulls corrected to 1% they have stopped the bleeding for now. We need to watch the new highs and the attempt at a new market high. Economic News:...
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