Volatility will be with us again . Expect another massive gap lower than, in part, to Apple (AAPL). The much-loved AAPL delivered a dismal earnings outlook, reinforcing the worries over a slowdown in consumer spending. AAPL is down with 11 percent in pre-market trading. Emotions will run high again today and we're likely to see some more wild swings in the broader market, … [Read more...]
auctionable price patterns
Four Actionable Price Patterns more day-to-day volatility this week is expected , where the Dow Jones might go be up 100 points one day and down 100 points the very next day . Our "friends" at the Federal Reserve will add to the volatility, when they make their statement on interest rates we are trading with both bullish and bearish positions with an overall balanced … [Read more...]
Fed announcement on rates
The Set-Up Ahead of the Fed Announcement on Rates conducting some simple macro analysis of a couple of financial markets, will help you to chart a course after the Fed's announcement on interest rates this afternoon and will also be helping in defining the action points. As we pointed out before that the Dow Jones Industrial Average ($INDU) is going to oscillate around … [Read more...]
Bear flag
The market is close to confirming a 123 bottom or breaking down from a bear flag. The conclusion to this confluence of patterns will be dictating trading over the intermediate-term. The market has spent the past six sessions of trading in a very tight pattern. for instance :The Dow Jones Industrial Average ($INDU), has been gyrating around the 12,600 level, plus or minus … [Read more...]
Zurich Axioms and Zero Coupon Bond
Zurich Axioms it was formulated by a group of Swiss brokers on the Wall Street after the Second World War. Some of the most important axioms on successful investing are: Risk Worry is a sign of health, not sickness; if you are not worried, you are not risking much. Greed Take your profit too soon. Conquer your greed and become a better speculator than 99% of others. Hope … [Read more...]