Nov 13, 2018 – Flat Streak

Premarket Insight

So far Nasdaq futures holding strong over yesterday’s low after taking a very brief dip below in the Asian market hours. As of this writing, the bulls are slowly marching higher, so I wouldn’t be surprised to see the low revisited at some point today. Nothing significant scheduled for Economic Outlook today, however earnings reports could make things interesting. Home Depot (HD) in the spotlight today, accompanied by some weed stocks, such as Tilray (TLRY) and Cronos Group (CRON).

 

Premarket volume check showing relatively strong activity with NQZ18, CLZ18, GCZ18, and 6EZ18 all above the 100k mark. After the selloff continuation yesterday, CL so far taking some rest leading up to the bell. GC also trading mostly sideways after a brief European session dip, while 6E begins to climb higher in the premarket.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Another day of no trades in this choppy morning session. (sigh)

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 12, 2018 – No Sales

Premarket Insight

Things calm down a bit this week as we wind down earning season. However, there is still plenty activity to cause a stir in the markets. More Fed action with crude inventories on Wednesday and retail sales on Thursday. Stay tuned to the Economic Outlook for times. Also, headlines Alibaba may draw in significant attention from traders from their record day of sales.

 

Premarket volume check shows moderate strength with CLZ18 and 6EZ18 over 100k of volume before 07:00 EST. Crude oil gapped up over the weekend on Saudi news and seeing strong support at 60.56. As of this writing, NQ is retesting its open after retracing the bullish pop in Asian market hours. Looks to be trying to head lower. Key area to watch is Friday’s low of 6989. Euro Fx futures also seeing a bit of selloff while Gold futures trade slightly bearish to neutral.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

No trades… again. ?

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Nov 9, 2018 – Positive Note

Premarket Insight

Nasdaq futures continue to fall from yesterday’s session. From my research, many technical analysts predicting some additional pullback but still see the market long-term bullish. So far NQ’s pullback has only retraced about half of Wednesday’s bullish run. Results of PPI, as indicated by the Economic Outlook, and Walt Disney earnings get the spotlight for today’s session.

 

Premarket insight shows moderate strength for a Friday. CLZ18 above the 100k of volume mark with a strong bearish move that started in the Euro session. GC is also trading bearish with a strong drop after 08:00. Euro Fx futures mostly trading sideways to slightly bearish.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Profit $15 all in TST.

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”