The trend is your friend. This adage has worked very well over time.
Fed Chair Jerome Powell appears intent to reverse a near decade's worth of policy in just a couple of years.
And watching the Fed rate-hike decision.
While headline-chasing algorithms alter expected outcomes based on fundamental analysis, technical analysis remains valid.
As Draghi pulls the rug out from under continued expansion of money supply, he will have to sound very dovish in doing so.
Like Chess, we are at the point of the game where each side starts losing pieces that actually matter.
The longer prices remain at these levels, the greater the impact upon the 50-day average. Here is what we need to see to reverse it.
Even after the historic meeting between President Trump and North Korea leader Kim Jong Un, one market pro isn't selling his defense stocks like Raytheon and Lockheed Martin.