Bo Yoder trading update
The S&P 500 (ETF Proxy – AMEX:SPY) has continued its “central bank boogaloo” as price rises slowly without wiggles or corrections. I would expect it to begin correcting next week and to follow the pathway…
Gurus
How Low Will the FTSE 100 go When the Crash Comes
As Global equity markets continue forming the biggest bubble in financial history and investors continue to buy into the myth and hype surrounding a rally that is based on nothing but the biggest build-up of…
The subject of wanting to be right
Before I go into this week’s commentary, I wanted to briefly cover off the subject of wanting to be right. I see so many traders fixated on being right or wrong and yet they are…
Stock fundamentals, the magic 89 and the trigger line
This post is for swing traders and those who want to make some money in 3-13 day moves in stocks. It takes focus and it’s not for everyone. The process of swing trading needs to…
Big Levels in the FTSE-100
Last week I discussed the idea of expressing some caution, taking some profits around current levels in the FTSE and possibly trying a short with a stop loss 100 points or so above the market….
Will Euro/USD breach new highs this week?
The Euro/USD enjoyed a decent pop last week with the aid of the non-committal Janet Yellen on FOMC. Many traders were looking for a break below 1.35 but on that occasion, they weren’t going to…
Will the Bank of England’s idea of an earlier rate hike drag the FTSE 100 lower?
The FTSE 100 had an interesting reversal the previous week, just when it was looking poised to break below the 6,750 barrier and make an effort towards the 6,700 area the London index pulled back…
Bo Yoder´s trading update
The S&P 500 (ETF Proxy – AMEX:SPY) did drop down into a pullback as forecast last week, but the depth of this short correction was less than half of the predicted depth. This shows the…
