Posts Tagged ‘cnbc’
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Well folks this week was pretty good for the bears. We did have some buying come back in the markets starting Wensday morning session that has put us in a minor correction since. I do believe that we will start selling more coming into next week, for we did have a nice reversal take place this week. We had break down just like I was expecting and we had the dollar gap up earlier in the week, just to pullback and possibly set up for another run starting early next week. For those that believe inflation is in the system I want you guys to go back and review my dollar video which is posted below. Now for some odd reason the whole media is worried that inflation may not be in the system like expected, and I just sit back and say what a surprise. I just wanted to point out to you guys that this is the time to sell your longs on the run up, and go short at resistance. Take profit whenever you see it like always and have tight stops for the market is still chopping around on this light summer volume. The Nasdaq showed some strength today, but I do believe that it was a possible blow off for the candle stick was an indecision one( doji ). The oil markets broke down just like expected and we should see that continue into next week with the other commodities following as well. I will try to post a video going over some stock plays if I get around to it. Also I am going to try to start sometime next week posting my live plays on twitter. Just to give you a heads up, I have been smacking around SRS for profit all day this week on the short and long side. She has come to be one of my favorite vehicles in day trading thus far aside from the index ETF’s.
Replay Link for Dollar Video
http://www.youtube.com/watch?v=oGDhT-3nhqM
Duration : 0:10:48
Thurs. Feb. 18 Epiphany Trading Markets Wrap-Up
Should we tie the U.S. dollar back to gold? or to a basket of currencies? are they suggesting SDRs?
Copyright MSNBC 2009
Richard Nixon gold commodities silver fiat currency CNBC standard SDR Bretton Woods
Duration : 0:4:13
http://www.donharrold.net
Ron Paul asks the questions no one else seems to ask.
Duration : 0:5:31
Wed. Feb. 10 Epiphany Trading Markets Wrap-Up
Mon. Feb. 8 Epiphany Trading Markets Wrap-Up
Fri. Feb. 5 Epiphany Trading Markets Wrap-Up
InTheMoneyStocks.com analyzes the markets on a technical basis noting the late day surge in GS (goldman sachs) which triggered a late day rally in the financials and brought the markets back to the flat line. They also note the key weakness in commodities and technology stocks. They release their near term outlook. Enjoy and come join the Intra Day Stock Chat and Swing Trade Alerts!
Duration : 0:11:0
Wed. Feb. 3 Epiphany Trading Markets Wrap -Up
Tues. Feb. 2 Epiphany Trading Markets Wrap-Up