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Edward J. Webb
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Everything posted by Edward J. Webb
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Market Moving Fundamental News
Edward J. Webb replied to lukepearson's topic in Market News & Analysis
The Fed has raised rates in December 5 times. The SPX was higher the previous six months all five times. SPY is -1% previous 6 months. -
USO speculators making merry, based on hedged position, news can be spun to suit maximum profits, rest is 'filler analysis' w/o substance.
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So long as positions are piled sky high in long calls and LEAPS, $TWTR will remain dead money. All that premium has to goes to zero first.
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Stock Analysis 01st-2nd (June)
Edward J. Webb replied to danielwilkinson's topic in Day Trading and Scalping
Horrible breadth for a day where the $SPY is flat but what is new. Misleading market lives on. -
Gold and miners set for a dead cat bounce here. Gold hitting lower bollinger bands and miners hitting 50dma support.
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Both Silver and Gold are not good to buy. If you disagree explain to me please. Why it's falling and why it will come back?:helloooo:
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Fed Chairwoman Janet Yellen recently reiterated the central bank’s plans to increase borrowing costs this year, prompting traders to adjust their expectations for the path of U.S. monetary policy and its impact on gold prices. Higher interest rates also tend to support the dollar DXY, +0.07% which is bearish for dollar-denominated prices of gold. Bearish me friens, only bearish.:missy:
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I'm a novice investor and I would like to know your opinion or maybe some experience.
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Posibilities in Day Trading
Edward J. Webb replied to michaelusher's topic in Day Trading and Scalping
In my opinion its day trader is very risky. You must be very experienced and smart to play day trading. I am long because I like stability especially with my money.:missy: