Market assumptions are neutral to bearish and so are the trades we found today. With volatility appearing to be coming in slightly (early in the Monday trading day), we were eager to find some vega positive trades that would profit from sideways to downward direction in the face of increasing marketing volatility. Chaikin Analytics was our guide. Video Here
Video Here. With all the drama exploding around us, it's easy to let emotions infiltrate our trading. The key to success in our experience is a disciplined, systematic and data-driven approach using Chaikin Analytics. In today's Relative Strength Wednesday video, we take a top-down approach studying market, sectors and stocks to find the best trade possible. Today's video includes two trade examples.
While the Chaikin indicators suggest a bearish bias to a neutral market, Money Flow keeps us from being overly bearish. We expect a neutral market, with ebbs and flows in volatility. It's not our opinion, it's in the information we derive from Chaikin. We also have a trade set up for $PEP we discuss in today's video.
Our Friday trading meeting following 2 days of selling and increasing market volatility. You can see our video HERE.
Relative strength Wednesday. Has the market been showing cracks despite bullish technicals long before Trump's "fire & fury" rhetoric? Video Here
Watch the video. The market is still bullish and we show a couple of different ways we traded TXT on Monday. But the market is showing some signs of narrowing breadth (ie: a few sectors and industries leading us higher) and the Power Gauge ratio on the SPY is pretty neutral. The market may be giving some very preliminary warning signs heading into the rocky early Fall time-frame.
We look at the market and search for trades following todays job number. Watch the video HERE
Relative Strength Wednesday video. The market's making record high's, but what's really going on?
Powerbar ratio and Chaikin technicals remain bullish, albeit overbought. Rest of world out-performing US market. Bonds and interest rates indecisive. Sector strength narrowing a tad. Complete market and Macro analysis, powered by Chaikin, in this week's video. Here's a link to Monday's trading meeting video.