RedLion Trader: Celia, you’re shaking my confidence daily $ES_F 1627 x 1669
By: redliontrader Today’s Economic News: Not much for important scheduled news today. Quote of the Day: Sincerity is the highest compliment you can pay. –Ralph Waldo Emerson Featured Breadth Chart of...
View ArticleRedLion Trader: What a bear wants, what a bear needs isn’t in this market...
Today’s Economic News: Nice data out of Asia and away we go on the market pre New York open. Not much from Europe and the news from the US today looks benign. It is optimism Tuesday and these days...
View ArticleTrade Pilot Pro strategy, Thurs. 9-12: Contract rollover, action frequently...
September 12, 2013 David Dube Today marks the beginning of Contract Rollover to December (Z) from September (U)…So winter is coming!..We will be trading Sept. (U) through Friday this week and begin...
View ArticleRedLion: Bring a nickel, tap your feet, worth watching to see if the bears...
Today’s Economic News: Quote of the Day: If it doesn’t matter who wins, then how come they keep score? –Vincent Lombardi Featured Breadth Chart of the Day: On the Zweig, a bit of a set back. The...
View ArticleTradePilot Pro strategy, 9-13: 1688-90 is hurdle to upside, Globex low and...
September 13, 2013 David Dube Quiet overnight trade action in Globex session … so the key levels that we highlighted in yesterday’s strategy blog remain valid today. Let’s review those…September (U)...
View ArticleRedLion Trader: Breakaway … Hold or fold on watch today: $ES_F 1709 x 1694
Today’s Economic News: Not much data out today, but nice inflation numbers out of Europe and a good trade balance surprise out of Italy. Quote of the Day: Work keeps us from three great evils, boredom,...
View ArticleTrade Pilot Pro strategy, 9.16.13: Jumping the Creek
September 16, 2013 David Dube Equity markets have reacted positively to the weekend news release that Larry Summers has withdrawn from consideration for next Fed chief. A price gap in Globex Session...
View ArticleRedLion Trader: A chance for the bulls to engage the auto-pilot … $ES_F 1709...
Today’s Economic News: Mostly inflation data today and looking good in the UK. We like the ZEW numbers also. For today in the US we are looking to the Redbook and NAHB numbers to help gauge economic...
View ArticleTrade Pilot Pro: 9.17.13 Trade Strategy Pre-Fed
September 17, 2013 David Dube Yesterday’s “jumping the creek” price action tested highs at 1703 only to be rejected as price retraced back to the 1688 handle, which we highlighted live in the trading...
View ArticleRedLion Trader: We are Zweig overbought, but did we get a 9:1 thrust day?...
Today’s Economic News: Nice numbers out of Japan overnight, but what happened to the bright light in the UK? I am a bit worried about Ireland, too, which seems to be moving counter to the rest of...
View ArticleLive chat, Thurs. 9-19: We’ve had enough of long calls for now ($SPY chart...
Excessive call buying and SPY corrections (Chart: David Dube, Trade Pilot Pro) [ Thu, 19 Sep 2013 15:28:00 GMT ] David Brand: Still hold option postions on GE, GM or close out? [ Thu, 19 Sep 2013...
View ArticleRedLion Trader: Whimper or bang? How does this week end? Or when will it end?...
By: redliontrader Today’s Economic News: Light on the calendar for today… market should just tap out quietly for the week. Quote of the Day: He who laughs last has not yet heard the bad news. –Bertolt...
View ArticleTrade Pilot Pro strategy, 9.20.13: Consolidation mode; support at PDL, first...
September 20, 2013 David Dube Today’s Trade Strategy will be short. Markets are consolidating recent surprise Fed move to hold QE purchases steady at $85B per month. Current support is prior day low...
View ArticleRedLion Trader: This is a test for the bears, can they follow through? $ES_F...
Today’s Economic News: For today’s economic status we have Europe and Germany just missing on the manufacturing PMI numbers, not by much and still expanding so not too bad. It is the USA’s turn at...
View ArticleTrade Pilot Pro strategy, 9.23.13: Fed’s QE gap closed, watching PDL;...
September 23, 2013 David Dube The Fed’s QE gap is now closed and it’s back to normal trading business. The Govt Debt Ceiling Debate Saga will now be the focus on traders’/investors’ minds. We’ve seen...
View ArticleRedLion Trader: Dip buyers on turnaround Tuesday… $ES_F 1701 x 1687
Today’s Economic News: Goldilocks numbers out of Europe and in the US today, it is housing and consumer confidence to watch. Quote of the Day: If it doesn’t matter who wins, then how come they keep...
View ArticleTrade Pilot Pro strategy 9-24: Cycle Day 2, ADR=14.5, 84% odds of +10 rally,...
September 24, 2013 David Dube Initial Support Zone: 1688 – 1690 Initial Resistance: 1698 – 1700 Penetration of Prior Day High (PDH) targets 1703.50…1707.50…1709 – 1712 zone Violation of Prior Day Low...
View ArticleTrade Pilot Pro strategy, 10.30.13: Fed Day, X-Zone hit premarket
October 30, 2013 David Dube Yesterday’s strategy opined that if 1762 was penetrated and held, then upside targets ranging from 1766 – 1775 could be achieved. That scenario played out like a well-tuned...
View ArticleRedLion Trader: One percent back loads the gun … $ES_F 1780 x 1748
By: redliontrader Today’s Economic News: Japan, wow, hot. Germany showing some slowing in the last week or so. In the US, Chicago PMI (9:42am for the early readers). Quote of the Day: Sharing money...
View ArticleRedLion Trader: Increased volatility and don’t forget, ’tis the season to be...
Today’s Economic News: Nice numbers out of the UK and Germany. Those numbers have the markets all jacked up for a big open in the USA today. On the home front, watch the jobs data we get daily from...
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