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Which Way Wednesday - Waiting on the Fed

Phil Davis | Posted 01.27.2016 | Business
Phil Davis

Waiting to cut out the deadwood Waiting to clean up the city Waiting to weed out the weaklings Waiting for the final solution To str...

Thursday Thoughts - Have I Mentioned How Much I Like CASH!!! Lately?

Phil Davis | Posted 01.07.2016 | Business
Phil Davis

CASH!!!  It's almost a joke how many times I said that last quarter to our Members and in our morning posts.  I have said "CA...

Monday Meltdown: Commodities Collapse Ahead of the Fed

Phil Davis | Posted 12.14.2015 | Business
Phil Davis

Cash-y and cautious is how we're continuing to play the markets into the holidays. We're not going to miss anything by sitting out the next couple of weeks and, as noted in our review - there are certainly plenty of bargains to be had.

Will We Hold It Wednesday: Dow 17,500 Edition

Phil Davis | Posted 12.09.2015 | Business
Phil Davis

We're stuck in the middle of the range now: As you can see from Dave Fry's Dow chart, we've been gyrating between 17,200 and 18...

The First Insider Trader in Commodities

Andrew Verstein | Posted 12.04.2015 | Business
Andrew Verstein

Those interested in insider trading should pay close attention to trading in non-securities. Especially in recent years, some of the most important enforcement events have far from public equity exchanges.

Which Way Wednesday -- S&P 2,100 Yet Again

Phil Davis | Posted 12.02.2015 | Business
Phil Davis

This is the 11th time the S&P has been over 2,100 since May and, so far, it's been like a little money machine for us all year long on the short side.

Trickle Down Tuesday - Markets Pull a Slow Fade into Holiday

Phil Davis | Posted 11.24.2015 | Business
Phil Davis

Going down!   You can't draw any conclusions from these low-volume trading days but, in general, stocks have been in retreat and this m...

Monday Market Movement -- HUGE Data Week

Phil Davis | Posted 11.23.2015 | Business
Phil Davis

We have, essentially, a 3-day week this week and don't expect people to stick around on Wednesday either and Friday being a half-day is a joke as it's dead as a doornail on Thanksgiving Fridays. Overall trading with be thin, which means all market action should be taken with a grain of salt and, unfortunately, we get revised GDP tomorrow morning -- which is very important.

Terrific Tuesday -- G20 Fixes EVERYTHING

Phil Davis | Posted 11.17.2015 | Business
Phil Davis

Everything is AWESOME! That's right, the G20 is fixing the entire Global Economy right... now! There, did you feel it? All better.

Two Thousand Dollar Thursday - Futures Profits While We Wait

Phil Davis | Posted 11.12.2015 | Business
Phil Davis

Who says cash can't be fun?   Yesterday, in the morning post, I noted the weak volume rally was a good shorting opportunity in the Futu...

Humans Feel Empathy For Robots, Scientists Find

The Huffington Post | Carolyn Gregoire | Posted 11.03.2015 | Science

The ability to feel empathy toward others is supposed to be an innate human ability. But when we refer to "others," does that include robot...

Monday Market Mayhem: Back to Our Bounce Lines

Phil Davis | Posted 10.05.2015 | Business
Phil Davis

It's all very exciting isn't it?  Well, not when you look at a weekly chart, like this one from Dave Fry but, when you look at and ...

Which Way Wednesday: Super Mario to the Rescue?

Phil Davis | Posted 09.23.2015 | Business
Phil Davis

Up and down we go. Where we stop, no one seems to know.  Mario Draghi is speaking at 9 a.m. this morning and, now that the Fed has put off ...

Tumblin' Tuesday -- Back to Bouncing (We Hope!)

Phil Davis | Posted 09.22.2015 | Business
Phil Davis

As I've noted over and over again -- it's very difficult to fix your portfolio after the fact -- which is why you need to learn to hedge your positions properly.

Falling Friday: Fed Fails to Inspire Confidence

Phil Davis | Posted 09.18.2015 | Business
Phil Davis

We caught a very quick ride down to 1,175 where the profit on two contracts was $2,500 on /TF and $2,000 on /YM and I sent out another tweet at 3:30 noting we called for taking the quick gains off the table - making $2,500 in 25 minutes - nice work if you can get it.

Yesterday's Trade Ideas Are Up $18,400 -- Today it's 3 Percent Index Gains or Bust!

Phil Davis | Posted 08.25.2015 | Business
Phil Davis

We need 3% gains today. That's right, after dropping 15% our 5% Rule says a weak bounce should be 20% of the drop and that's a 3% bounce off yesterday's close just to keep us a tiny bit bullish.

Black Monday for the Markets: China Fails to Hold the Line

Phil Davis | Posted 08.24.2015 | Business
Phil Davis

Chinese farmers don't understand that the leveraged investing products they bought have completely wiped out their money, even though the commodities they played are "only" down 20%.

Whipsaw Wednesday: Monday Market Gains Gone in a Flash (Crash?)

Phil Davis | Posted 08.19.2015 | Business
Phil Davis

LOL, what a joke! Unfortunately, the joke is on us as Monday's silly low-volume rally has already been completely erased in this morning's Fu...

Creating a 'Freedom Lifestyle' Through Day Trading

Marcello Arrambide | Posted 07.09.2015 | Business
Marcello Arrambide

Whether your goal is to have the ability to move or travel at will, work from home or have to have more money to do more of the activities you enjoy, day trading can provide a way.

Traders, Say Hello to the Internet of Things

John Bates | Posted 03.08.2015 | Technology
John Bates

The Internet of Things (LoT) is getting ready to change the world. Connected people, places and things are already communicating data into increasingly sentient industries. But, to date, it has not been clear how the financial services world can take advantage.

The Wave: The Single Greatest Threat to New Relationships

Ken Page | Posted 02.17.2015 | GPS for the Soul
Ken Page

The most common way we sabotage new love possibilities is through what I call the Wave of Distancing (or simply, the Wave). The Wave occurs when we ...

Data Fees Kick CTAs and IBs When They're Down

Daniel P. Collins | Posted 02.08.2014 | Business
Daniel P. Collins

I reported on the poor timing of the increase in exchange and data fees by CME Group two weeks ago but the full impact, particularly of the data fees, is just coming into focus and market participants are seeing sticker shock.

Don't Be a Jackass Investor: Avoid These Investing Myths

Daniel P. Collins | Posted 11.13.2013 | Business
Daniel P. Collins

What is great about Jackass Investing is its dependence on logic. Why do investments work and why they don't. What drives profits?

Out of the Shadows and Into the Light

Daniel L. Doctoroff | Posted 06.17.2013 | Business
Daniel L. Doctoroff

In the post-Dodd-Frank world, transparency should not be thwarted, access to immediately free market data should not be reduced, and retail investors should not have less protections.

How Many High-Frequency Traders Are Out There?

Irene Aldridge | Posted 05.19.2013 | Business
Irene Aldridge

It's not a secret that many pension fund, mutual fund and hedge fund managers are concerned about high-frequency traders (HFTs). While their concerns are many, perhaps the biggest uncertainty involves the actual extent of HFT participation in the markets, their identities and their intent.