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Join us on Wednesday, September 25 from 7-10PM at the Sauvage Bar A Vin where Terrence Li will be sharing his perspectives on why the majority of traders lose money and how to turn the tide and be in the top 10%.
Visit the event page to RSVP and see the presentation abstract.
As always there will be plenty of opportunity for questions, networking, and food & drink.
Look forward to seeing you at this month’s Meetup!
PS – Don’t forget the Meetup is free for first-time attendees
Last I week wrote that the race was on back to all-time highs.
This week, both the TSX and SPY managed to make new all-time highs while the DIA and QQQ came within less than 1.5% to those highs.
In this week’s video I ask the question – why are traders always looking for corrections at all-time highs? Then we go through the charts to see what the internals, as well as the major sectors, are objectively telling us.
This coming week all eyes will be on the Fed as we can expect to see some volatility from the FOMC announcement and press conference.
Also, don’t forget about quadruple witching this Friday which can also add to the volatility.
Watch this week’s Weekly Outlook video to see the levels we’ll be watching this coming week.
In this week’s video, we look at the technical outlook for the VXX SPY QQQ IWM DIA EEM TSX TLT GLD BTCUSD TOTAL EEM FB AAPL AMZN NFLX GOOG SNAP CGNX EA and many more for the week of September 16 – 20, 2019.
A few weeks ago I shared some resources on how to use the NYSE Tick and Advance/Decline line to get an edge with intraday SPY/ES trading.
Over at Quantifiable Edges, they have done some interesting analysis on what a leading Advance/Decline Line has historically meant for the SPX.
Spoiler: A new high on the Advance/Decline Line ahead of an SPX new high has generally been a positive associated with new highs on the SPX. The table attached shows results going back to 2003.
PS – Feel free to share this newsletter and our videos so we can reach more traders!