USD vs Yen (New Video on Forex)

I have to admit, I love trading Forex. It’s one of the most exciting and most profitable markets in the world.

In today’s short educational trading video on the dollar/yen (usd/jpy), I explain step-by-step how to analyze the dollar and its relationship to the Yen. I will also show you exactly what I think is happening right now in this relationship. Watch the video and see specific target zones where I think this cross is headed in the future.

Continue reading "USD vs Yen (New Video on Forex)"

What now for the S&P500?

The dramatic run up that we have seen in the S&P 500 may be coming to an end. The retracement back over the 840 level should provide sufficient resistance to reverse this market to the downside.

Now here is the caveat, our long-term indicator, the monthly "Trade Triangle" remains negative on this market. While the direction of our weekly timing "Trade Triangle" is on the sidelines and neutral. This has created a conflict, meaning that conservative traders should remain on the sidelines to protect capital.

I am looking for an area to once again get short this market and trade with the major trend in our favor.

My downside target zone is for an eventual move down to the 500 level. Only if we take out highs as I mention in the video, then this analysis will change. Continue reading "What now for the S&P500?"

It’s Inflation! Case Closed...

Inflation or deflation? I'm pretty sure just about everyone reading this has heard this debate in one form or another in recent weeks. Well which is it...? There are points to be made for either side of this debate and today we will hear a good friend of ours James McClung of Stock Shotz.tv, state his case for inflation. What do you think? Leave us a comment and let us know and be sure to stop by Stock Shotz for more on the great debate and interviews with some of the most respected names in the trading world.

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We have been exploring the inflation vs. deflation debate on our show for several months and while we have heard compelling arguments on both sides---we believe that we are headed for a period of massive inflation. Will most be surprised? Yes. Most of you know that at Stock Shotz, we take a common sense approach to the markets. So as we explored this debate we did a little unsophisticated research to assist with our analysis. We started by heading down to the local grocery store to see if the price of a gallon of milk, which was marked up almost daily as the price of oil increased last summer, had gone down in the same proportion as had a barrel of oil. Answer--NO.
What? No, but what about the argument that we are in a period of deflation? Isn't the demand for milk so sparse that they are dropping the price with each gallon? Not hardly.

Continue reading "It’s Inflation! Case Closed..."