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5/23 Premarket

May 23, 2017-9:10 am traderscott 0

The stock market tends to rally into Memorial Day, and the QQQ wants to rally back to the highs, and once again confuse the “crashtalkers”. I sold a QLD way too early, but these news-related selloffs...

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Stoke Your Fire; Get Inspired

How to Become a Millionaire in 3 Years

May 23, 2017-6:45 am Stevie 0

TEDx When most people say they want to be a millionaire, they’re really saying that they want to spend one million dollars. Besides winning the lotto or inheriting money, you’ll learn three key elements used […]

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Politics/Geopolitics

Trump Seeks $3.6 Trillion in Cuts to Reshape Government

May 23, 2017-6:11 am Stevie 0

Bloomberg President Donald Trump would dramatically reduce the U.S. government’s role in society with $3.6 trillion in spending cuts over the next 10 years in a budget plan that shrinks the safety net for the […]

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Markets-Economics

GLYC Change of Character

May 22, 2017-3:58 pm traderscott 4

The Entry Points $GLYC has been a great trading stock basically since 5/11. But it’s had a huge run, and it was giving off some bearish indications on Friday and again today. The bearish volume […]

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5/22 Comments

May 22, 2017-3:33 pm traderscott 0

Some comments from a recent post about crude oil: You’re right about the pundits. My original belief was a bounce in early May, with commodities in general. The $ selloff has helped the commodity rally....

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5/22 More Comments

May 22, 2017-9:27 am traderscott 0

SORL – some auto parts and Chinese auto parts stocks have been moving on news. This one has had a run, so a bigger reaction could be a setup. BIOC – received a patent. It backed up...

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5/22 Premarket

May 22, 2017-8:59 am traderscott 2

Keeping it simple. Stock indexes are just range trading, despite all of the emotional garbage (news) out there. The SPY and the IWM have both had springs and upthrusts throughout this range, but it’s still...

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The Entry Points Market Blog

Weekend Video – Market Outlook for the Week of May 21, 2017

May 21, 2017-11:38 pm traderscott 8

The Entry Points Both stocks and gold often rally strongly together. It has happened numerous times in the past, on all time frames. The stock market “crash talkers” are praying for stocks to crash, and […]

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Becoming a Better Trader

Trend Absorption #1 and Trend Exorption #1/Euro

May 21, 2017-8:21 pm traderscott 0

Trend exorption is tough to work with, and it’s not nearly as common as trend absorption is. Recognizing exorption can be very helpful as to reinforcing a view of a market at least getting down...

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