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October 24 Premarket

October 24, 2018-9:19 am traderscott 3

In the premarket yesterday the scenario was laid out succinctly BEFOREHAND and the TURNAROUND TUESDAY scenario. The likeliest price level area in the SPY I was looking for to see the turn, once the 10/11...

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October 23 Premarket

October 23, 2018-9:18 am traderscott 2

Back in August I gave people PLENTY of warning about the stock market – I am out of all position trades,100% cash in my bigger-type stock account.  I’m not finding many setups in the bigger-type stocks...

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June 25 Premarket

June 25, 2018-8:51 am traderscott 11

  The useless tariff news is being used as the excuse for the selling in the stock indexes. In advance, I discussed the “pause/reaccum likely now that SPY had reached my 280 magnet point”. The...

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What We're Trading

Premarket Recap 5/7-5/9

May 13, 2018-5:01 pm traderscott 0

This business of trading is 100% about probabilities (and and risk). We can’t avoid being wrong, making mistakes. It needs to literally be factored into our trading plans. What is a stop for? Why do […]

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May 9 Premarket

May 9, 2018-9:16 am traderscott 0

With all of the drama around the President and Iran, crude oil is in a major uptrend as repeated again yesterday – “The President is coming out with an Iran statement later today, no matter...

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April 19 Premarket

April 19, 2018-9:29 am traderscott 2

According to an “economist”, the ARTIFICIAL RALLY” in crude oil “could spark a new crisis”. And then he goes thru all of the completely meaningless “reasons” why the “rally in crude oil is ARTIFICIAL”. Of...

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March 29 Premarket

March 29, 2018-9:27 am traderscott 3

There is a new post here to study. The stock market continues to have volatility within the big range. To me it is in reaccum within a secular bull market. We have had the initial...

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March 27 Premarket

March 27, 2018-9:26 am traderscott 0

During this whole volatile time in stocks over the last 2 months, my constant repetition is that it is a bull market. It is a secular bull market. The major top is well down the...

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March 26 Premarket

March 26, 2018-9:28 am traderscott 2

The major low in US stock indexes, and most global indexes, was on 3/6/09. My view for years has been that it was a secular low. This is a bull market. Big selloffs are opportunities...

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March 23 Premarket

March 23, 2018-9:26 am traderscott 4

Selling into strength is yes a simple, but very effective approach to risk control in markets. Sometimes we are too early doing this, but other times you find that in context it still works well....

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