Monday
Aug082011
Entries in sp emini (108)
Monday
Aug082011
Wednesday
Aug032011
Emini FuturesCast / The Daily Pod 08/03/11
August 3, 2011 at 4:43 PM Are we there yet? Great question! I don't know...
Here's what I do know. We tested the extreme lower range of our Weekly Trading Zones and bounced back. Today's only Tuesday. Today we had an interest in selling rallies. If we can open positive tomorrow after the Asian and European sessions, we may be prepared to buy the dips. If we do buy dips they will be on a very short leash in the grand scheme of things.
I had an interesting conversation today with a very intelligent fellow. He said to me "I'm a trader but I'm not a scalper". Which caused me to think about a comment I hear at least once a week "I'm a short term investor". hmmmm.....
Which box do you come packaged in?
Tuesday
Aug022011
Emini FuturesCast / The Daily Pod 08/02/11
August 2, 2011 at 8:14 PM Happy Wi-Fi Day! True story... 8.02.11 get it? Never mind. Anyway it's a genuine geekified holiday and nerds are partying it up from Moscow to Modesto...
Monday
Aug012011
Emini FuturesCast / The Daily Pod 08/01/11
August 1, 2011 at 8:36 PM As Monday's go... this was almost a Tuesday. Almost. The Slingshot Ninja fired without a hitch last night but started to lose altitude at 1308 (no surprise). The Globex gap managed to hold though until the ISM numbers came out and down she came. Way down. Hard. In case you're new to the markets there's a word for that "Volatility". The term volatility indicates how much and how quickly the value of an investment, market, or market sector changes. Here's a 60 minute candle to give you an idea -
Monday
Aug012011
Sunday
Jul312011
Sunday NIght Globex Opening Update
July 31, 2011 at 3:07 PM 
tagged globex, live emini trading room, sp emini
globex, live emini trading room, sp emini Friday
Jul292011
Emini FuturesCast / The Daily Pod 07/29/11
July 29, 2011 at 8:46 PM George waves good-bye (read more)
Are you long or short? Perhaps you're not a gambler and chose to reamain on the sidelines while the good folks on Capitol Hill decide the state of our nation. As we mentioned on the show, it was reported yesterday that the US Treasury now has an operating cash balance of $73.8 billion -- $2.4 billion less than the cash that Apple, the computer giant, has on its books.
The reason is simple: Apple collects more cash than it spends. With Washington, it's the other way around. And increasing Washington's revenues via higher taxes does nothing to rein in spending.
Thursday
Jul282011
Emini FuturesCast / The Daily Pod 07/28/11
July 28, 2011 at 3:45 PM Deal or No Deal?
Where's Howie when we need him? Oh that's right... America's Got Talent, not cash.
China considers putting U.S. on eBay.
Tuesday
Jul262011
Emini FuturesCast / The Daily Pod 07/26/11
July 26, 2011 at 8:33 PM There's not enough white space on this page to hold everything we talked about on today's show. We did however, manage to squeeze it all into one podcast. 1hour:55minutes:41seconds of the very stuff that made us famous. Just click the headphones please.
The DUH Trade
On the show today, near the end... I pointed out the chart below. (live in real-time) I said "Tonight people will look at this chart and be amazed that they didn't take the trade."
