For traders seeking hands-on instruction in a virtual classroom, we offer the CFRN Live emini trading room. CFRN wraps all of its proprietary trading systems, indicators, and methodology into this unique educational environment.
live market commentary, real-time application of the CFRN Proprietary Indicators, and trade signals in real-time.
Ask questions and learn the most important trading lesson of all: WHEN, HOW, and WHY you should get in or out of a trade.
This show is sogood because it not only talks about the markets , which we all are enthralled with, but also about finding out about ourselves and how it relates not only to our trading, but maybe even more important about how we see ouselves in the world we live in and how from the knowledge we take from this show can make ourselves a better human being in our life here on earth--I'll say it one more time"MAN I LOVE THIS SHOW"-thanks guys
Garrett Jones joins us for 30 minutes of big picture talk and then we trade Live on the TradingView Platform for 30 minutes. Complete recap of Live Training Room, LOGIC247 Alerts, and Concierge Trade Alerts.
Take our 1 Week Free Trial and you'll never look at trading the same way again.
To begin the journey and claim your 1 Week Free Trial in our Live Trading Room, visit MyTradingIQ.com. If you use TradingView, we'll enable the Indicators for you on TradingView, and other platforms, for 5 consecutive trading days. You'll have access to the Live Room 2 hours a day, full use of all of our resources, around the clock support, One on One mentoring, and much more.
Read the CFTC Risk Disclosures and CFRN Disclaimers before starting the trial. You can begin the trial any day of the week or weekend. You'll still get 5 consecutive Trading Days.
Questions? Call 949-42-EMINI or Email support@crn.net
On today's show our guest host, former Wall Street Money Manager - Garrett Jones joins us.
Welcome to the oldest Live Emini Daily Broadcast on the Internet. CFRN launched this show in April of 2005. You can listen to the audio and video of today's show right here, or visit https://YouTube.com/CFRN. There are over 1,600 daily shows archived on our YouTube channel.
Take a 1 Week Free Trial in our Live Emini Training Room at https://EminiTrainingSchool.com.
To become a lifetime member visit https://EminiFuturesTrading.com.
Questions?
Email Support@CFRN.net or call 949-42-EMINI in the U.S.
#sp500 #emini #futures #trading
TOPICS DISCUSSED ON THIS PROGRAM ARE THE OPINIONS OF OUR HOST AND GUESTS, NOT CFRN.
THIS PROGRAM IS NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL ANY SECURITY OR FUTURES CONTRACT. TRADING IS RISKY AND NOT SUITABLE FOR ALL PEOPLE. YOU CAN LOSE ALL OF YOUR MONEY AND THEN SOME.
ALWAYS CONSULT WITH A LICENSED INVESTMENT OR MEDICAL PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION. ALWAYS TRADE WITH A HARD STOP LOSS.
Garrett Jones just published his latest copy of Observations and joined the show to discuss some things you'll find quite fascinating if you're an Emini Futures Trader, have an interest in Emini's or just plain love the market with all it's intricacies.
We opened with Michael doing a complete recap of every trade set-up from the Live Emini Training Room this morning. John (rapidly becoming on the shows new stars), arrived at 12:40pm EST for a "Big Picture" look and after Garrett shared his "Geometric Magic", I brought it home with a complete recap of every single Concierge Emini Trade Alert emailed to subscribers Monday night for the Tuesday Session 01/17/17.
To watch videos of the Concierge Emini Trade Alerts going back years, go to Emini.CFRN.net.
To watch today's show, simply click the headphones above or the link below.
Here's a peek at Tuesday's Concierge Trade Alerts -
Concierge Trade Alerts for Tuesday 0/17/17
Observations by Garrett Jones
I find it fascinating that almost everyone I speak with is in a "wait and see" mode. Not long ago we were waiting to see who would win the election. Then we were waiting for year-end. Now we are waiting for the Inauguration and next we will be concerned about the First 100 Days. The reason for this 'wait & see' approach is simple.
The bulls have now seen the market move to a level where market sentiment is now fully in the 'take defensive action' mode which will keep the smart bulls from any further exposure. At the same time, the bears have been penalized for taking positions and are, therefore, reluctant to take further risk with downside bets. This stagnation has been in play since mid December and, more recently, from the end of the first week of this year.
This is interesting because when bulls aren't buying and bears aren't selling, something has to give. Today it was the banking sector. The entire group was down hard today and many issues closed below recent support. Could this be the start of the correction that has been anticipated for so long? Well, it was banking stocks that led the rally and banking stocks that went much higher than anyone expected, so it isn't that much of a stretch to assume they may lead any correction. Most of the bank stocks have not advanced since the first week of December. While they haven't fallen much, they haven't advanced either. Smart money may have decided to take profits as opposed to waiting and possibly seeing their profits diminish. By selling in 2017, the expectation is for the tax burden to be significantly less.
Every Republican president since Teddy Roosevelt has dealt with a recession/correction in his first term. When a Republican president has replaced a Democrat president, the corrections have been rough at least in the first couple of years. Examples: Nixon (1968-70), Reagan (1980-82) and George W. Bush (2000-02). We may have a case of "Buy the election, Sell the Inauguration" -- and that selling may have just begun. GJ
A very special thanks to Garrett for making a copy available to the CFRN audience of Observations #86. To download your Free Complete Copy just Click Here!
If you have questions or comments for Garrett email him Garrett@CFRN.net Just put Observations in the subject line to make sure he gets it.
Concierge Trade Alerts
Just $1.00 will get you a trial of our Concierge Trade Alerts for a Week, plus access to the Live Training Room (2 hours a day for 5 days). Use of our Indicator Set and a Demo Platform if needed. You also get 45 minutes of "One on One Mentoring" during your trial.
That's a lot for a buck. If for any reason you are unhappy with your trial, we'll even give the buck back. Nothing to lose, the world to gain. Click Here > https://goo.gl/QQc1yQ
Do not worry, after the $1.00, you will be charged nothing. To become a Subscriber click here -$497 per month!
Can You Do It? DO YOU WANT TO KNOW?
There's something on this earth you were created to be GREAT at! God created each of us to excel at something. Some of us know instinctively. Others spend years searching. Sadly, some just meander through life never finding the thing that wakes them up before the alarm and keeps them awake long after the Sandman has passed through Sleepy Town. Your spouse is snoring (gently), but when you close your eyes all you can see is Candlesticks. You slip out of bed at 3am to check the London open. If that's you, you might be a Trader.
FIND OUT AND GET ON WITH YOUR LIFE
It's this simple. Go to Apply.CFRN.net . Make a 5 Day - No Cost - Commitment. Put your name and your email in the little boxes, hit SEND, go check your email. Read the email, follow the instructions, then show up @ 9:30am EST any day M-F and let the journey begin. In a week you'll know. Don't let the past dictate your future. When your welcome email arrives with your Link and Password, keep reading.
The email is filled with instructions.
We do Ninja and any Broker who clears through Gain Capital. If that's not you, there's instructions to download dtPro. We not only give you our Indicators for a week, we even provide the Platform (at no cost). There's no more excuses. Take the trial or go learn how to tie fly's. Bake a cake. Do something! You'll go blind if you keep watching Springer all day.
Garrett initially entered the industry as one of only ten people annually accepted on a worldwide basis for Merrill Lynch’s prestigious JET program in 1970 – where he had an opportunity to work in the technical analysis department of the legendary Robert Farrell. He was involved in building up four successful money management firms during his career. All four of these firms were recognized for robust performance, aversion to risk and strong performance in down markets. Mr. Jones is a recognized expert in gold, technical analysis and the long wave economic cycle.
After reading Harry Browne’s classic, How You Can Profit from the Coming Devaluation, Jones was captivated by gold and international economics. He began buying gold stocks for clients when gold was selling at $35/oz. and sold near the highs in late 1974. In 1978, he became vice president with Guild Investment Management, Inc., one of the first money management firms in the U.S. to specialize in international asset allocation including gold, currencies and foreign markets, in addition to the U.S. markets. While with Guild, he again caught the move in gold and currencies and was instrumental in providing the technical opinion resulting in selling gold at $864/oz. on the precise day of its all time high (at that time).
Trading Large In The 80's
During the 1980s, Mr. Jones formed Evans & Jones with Don Evans. Their management company was a pioneer firm in market timing utilizing mutual fund switching. Evans & Jones primarily managed funds for large pension accounts and wealthy individuals. In 1990, Mr. Jones assisted in the founding of FX 500, Ltd., a firm utilizing S&P 500 futures contracts as an investment and hedging vehicle. In a matter of a few years, FX 500 Ltd. became the largest domestic firm trading exclusively in S&P 500 futures contracts – trading as many as 4,000 contracts per trade when the full size contract traded at $500 per point.
U.S. Trading Championship
Mr. Jones developed a proprietary trading system that received national recognition in the US Trading Championship with a return of 98.6% for the 4th quarter competition in 1989. He traded exclusively in the S&P 500 futures, but found the system to be highly effective in the currency and precious metals markets, as well. He later developed a long term indicator for the stock market that has proven to be very effective in its goal of keeping the investor in for the trend (both in up and down markets) with a minimum of whipsaws. Jones entered the business during a bear market period and has an uncanny ability in spotting approaching bear markets.
Market Timing
He forecast the 1987 collapse at the ISI international monetary conference in August of 1987 – two weeks prior to the market top. He is on record for calling the top in the stock market in 2000 (the all-time valuation top) and the all-time market top in October of 2007. He called the orthodox top in July 2007 to the exact day and then called the October 2007 top, as well. He has continued his focus on the refinement of trading systems and research on technical and other indicators for defining turning points in the markets.
International Guest Speaker
Over the years, he has been a featured speaker at a number of international monetary conferences both domestically and abroad. Mr. Jones has written numerous articles for domestic and international financial publications and participates in radio, TV and media interviews when time permits. He is currently associated with Peter Eliades in Stockmarket Cycles Management, Inc. and is a founding principal in ESP Capital Management, Inc.
He is working on a follow up publication to his 1988 audio tape presentation of An In-Depth Analysis of the Long Wave Cycle. The original work was highly acclaimed for its content and coverage of the sequence of events in the economic cycle. Mr. Jones states that “by knowing the sequence of events in the cycle, one can determine where we are in the cycle and know what is next to come. Such information allows one to plan for coming events as opposed to being surprised and victimized by them.”
Catch Garrett Every Monday @ 1:30pm EDT Here On CFRN
Spend 5 days in our Live Emini Training Room. Use our Platform dtPro, or Ninja. Learn our Methodology and use our Indicator Set. Spend 22 hours a day practicing what you learn in our State of the Art Real Time Simulator.
Garrett Jones Special Alert / S&P 500 - Next 2 Days Critical!
Garrett is no stranger to CFRN and it was a great pleasure to have him back with us today. If you missed the Live Broadcast, simply click the headphones above and follow along on the charts below. The charts are large and the blog is small so you will need to click each chart to enlarge it. Our discussion with Garrett begins at the 1 hour mark. Don't miss the part where he talks about trading the equivalent of 40,000 Emini Contracts in the large S&P 500. (that's why he's smiling)
I've officially given up my vainglorious quest to be the smartest guy in the room. Today, I'm quietly content just knowing which one he is. Here's what he thinks...