What the Debt Ceiling Deal Means for the Markets

As I write this, it appears that leaders of both parties have agreed in principle on a debt ceiling resolution. While the deal isn’t done until the votes are cast (and you can expect the Tea Party members to probably vote against this); INSERT INTO `wp_posts`...

Stock Picks Recap for 7/29/11

With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market...

Forex Calls Recap for 7/29/11

Another special day but at least there was range. Two early triggers didn’t work, as they often don’t, which is why we use half size. The last triggers worked. See EURUSD below. We have one more session (Sunday) that is technically in July and then we move...

Stock Picks Recap for 7/28/11

With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market...

Forex Calls Recap for 7/28/11

Holy Cow! What was that? The narrowest non-Holiday ranges in over 270 trading days (I checked). GBPUSD in a 60 pip range. This is why we’re half size now as the market is clearly waiting for resolution from Washington. Do these clowns not get that they have been...

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