PYT Spaces 1 Year Anniversary! Macro Markets
Join ChiGrl, Andy Constan, Lyn Alden and Lawrence Lepard for a special 1-Year anniversary Spaces Click Here to Download Summary
November 1st, 2023 It’s FOMC day, and CME Group’s FED Watch Tool indicates a 97.2% chance that the Fed will leave rates unchanged. The market has already factored this in. The real action will happen during the conference after the announcement. In the December meeting, there’s a 73.1% chance of the Fed keeping rates unchanged. […]
October 31st, 2023 The bulls have slowed the bears’ momentum, but haven’t completely halted it. The market is currently locked in a battle for leadership. Despite a positive day for the bulls yesterday, they haven’t regained full control. To favor the bulls, I’m looking for two key indicators: the daily Bollinger Bands tightening inward (which […]
October 30th, 2023 Current market conditions indicate the potential for a rebound due to the market holding the daily Bollinger Band peak. This peak, located in the 4120-16 area as previously discussed, may serve as a significant level. Should the level of 4116 be breached, it may signify a downward trend with potential targets at […]
October 27th, 2023 Bears still have the momentum, but today the bulls have a chance to keep things green. As I mentioned yesterday, this market is not trading like a V bottom is in its near future; we’re grinding lower. When we’re grinding lower, it gives the bulls false hope that they may have found […]
October 26th, 2023 Traders are on the hunt for a low, but the market seems to be in no rush to find one. When the market grinds in a trend, it indicates a stronger trend. It may sound odd, but just look at bull markets. When they grind higher, they can do so for months […]
Exploring Macro Markets: Insights into US and Canadian Economic Trends
Join chigrl this week with Amazing guests: biancoresearch and IceCapGlobal to talk all things Macro concerning the US and Canada markets! In this video, we shed light on the key factors driving these economies and offer valuable insights that will help you stay ahead in the ever-changing market landscape. Join us as we unravel the […]
October 25th, 2023 First, I want to explain a little bit about my trading style. As I post this note every morning, you must understand how I trade according to my plan. I’m no longer a scalper, I focus on finding one strong play per day where I can trade directionally. If my first trade […]
October 24th, 2023 Even with yesterdays rally, the Bears still have the momentum. Yesterday, we experienced a rebound fueled by a Bill Ackman tweet where he mentioned covering his Long Bond Short position. This caused yields to drop across the curve. Ackman’s actions hold significant influence over market sentiment. When someone of his stature covers […]
October 23, 2023 The talk of a Black Monday on social media this weekend was trending on X, and I have to say it’s not a ridiculous thought. Not saying we’re going to have a 1987-style crash by any stretch, but the market is set up for a strong potential downward move. That also doesn’t […]