US ECONOMY, SP 500 EXPLOSION

Welcome back traders! Last trading day for me was red (-80) bucks trading the Nasdaq future. Today, although I was not able to trade, was a fenominal one. The major market indexes have closed just points away from making new highs. Say what you will, but so far under President Donald Trump the economy isContinue reading “US ECONOMY, SP 500 EXPLOSION”

JOBS REPORT AND THE MARKETS!

Today is a big day for the market indexes. At 0830 EST we will have access to the jobs report. So far the market has had extreme volatility. Yesterdays trading session was wild to say the least. The SP 500 had a major crash to the downside but then not only recovered its loss, butContinue reading “JOBS REPORT AND THE MARKETS!”

SHORTING THE /ES MINI FUTURES CONTRACT

Today was a really good day to trade futures as I am a Short Biased trader. Immediately this morning I suspected the market to go to the downside, and it did. With manufacture report a miss, the impeachment clown show, and the non farm payroll showing signs of economy weakness we may be seeing someContinue reading “SHORTING THE /ES MINI FUTURES CONTRACT”