Daily Bite October 23: Market Analysis and Chart Review
In today’s Daily Bite, Bob Lang covers the Futures, Oscillators, Seasonal Market Trends, VIX, SPX, NAHL, GDP, and all things related to the current market.
In today’s Daily Bite, Bob Lang covers the Futures, Oscillators, Seasonal Market Trends, VIX, SPX, NAHL, GDP, and all things related to the current market.
The Fuse Equity futures continue their from from last week’s pasting. The ES futures are threatening to break 4,200 on the downside, and that would open up a flood of selling. Markets have very little bid here but are approaching a deep oversold condition, which could bring a nice snap back rally (probably not today).…
DetailsThe Fuse Futures are slipping a bit this Friday am as the selling continues. Rates are higher on the long end, even the 10 yr ticked up at 5%, meaning bond sellers are still out there. Plenty of worry out there in the economy and overseas geopolitical issues. Interest Rates are on the move again,…
DetailsThe Trading Tools You Need for Success – Webinar Recap Back in July, we discussed the trading fundamentals that are critical to success during our options trading webinar. For this final webinar of the year, we discussed the specific tools you need to make winning trade with confidence. Listen in and learn as discuss: Why…
DetailsIn today’s Daily Bite, Bob Lang covers TSLA, the Futures, NFLX, VIX, Oscillators, Breadth, First Solar, Union Pacific, and all things related to the market.
The Fuse It was a volatile overnight session with the ES futures at one point dropping another 20 handles following a wipeout Wednesday. They have somewhat recovered but the damage is still evident with the ES futures down modestly but the Nasdaq up slightly. Interest Rates are up again today as the 30 year moved…
DetailsChart of the Week: Enphase Energy Time for our chart of the week, and this week we are going to be focusing on energy name Enphase; symbol ENPH. Let’s take a look at the chart. It’s starting to look pretty interesting here. As we can see, the stock has been on a humongous slide from…
DetailsThe Fuse Equity futures are down a bit this Wednesday morning as overnight worries from Europe have spilled over into our markets. The 4,400 level on the ES futures has been tough to breach on a close, and while the futures did manage a close right on that level yesterday, there needs some confirmation. Interest…
DetailsThe Fuse Futures are pulling back a bit this morning following Monday’s strong showing. ‘Turnaround Tuesday’ is pretty common, but we’ll have to see how the market reacts and responds to earnings reports and higher interest rates. Interest Rates rose again Monday but the stock market didn’t seem to care, as recent sessions when rates…
DetailsWe are entering a period of historically strong seasonal trends when money is flowing, stocks are performing better, and volatility is receding. History is a great guide into market behavior and patterns, because they repeat themselves month after month, year after year. It’s very easy to spot these trends and simply follow along, knowing that…
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