Oct 12, 2018 – Hindsight Capital

Premarket Insight

It will be interesting to see what the first major earnings from banks do for this week’s extreme volatility. The pulse of the trading community is hoping for things to calm down a bit and return to “normal”. Many traders are frantically searching for bottoms, but wiser traders are warning to just plan and be read to react to what the market brings. We can make whatever assumptions we want, but we will never be able to consistently predict what the market will do at the right time without a ton of luck.

 

Coming into the premarket, Nasdaq futures climbed above yesterday’s high, up 1.50% as of 07:20 EST. Crude Oil also trading bullish since the open of the futures session. Headlines giving credit of higher prices to oversupply fears. Gold and Euro futures neutral so far.

 

Volume check showing another premarket of strength across the board with NQZ18, CLX18, and GCZ18 all above 100K of volume.

 

Nothing significant scheduled on the economic calendar today.

 

COB Recap

Total Loss $-440

  • TST = $100
  • AMP = $-540

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Oct 11, 2018 – No Trends

Premarket Insight

Market analysts pointing to yields and hedging strategies for yesterday’s strong selloff in the overall market. Technically, Nasdaq’s move made sense as it broke through the support created by Tuesday’s inside day candle, as I mentioned in yesterday’s premarket insight as a key area to look out for a big move. What was unexpected was the size and timing of the bearish free-fall. Contrary to popular belief, we a still in a bullish market until proven bearish. Expecting some volatile bouncing for the near future.

 

Volume check showing a ton of strength early, as expected following yesterday’s monster selloff. Before 07:00 EST, my entire watchlist (NQZ18, CLX18, GCZ18, 6EZ18) all well pass the 100K mark. NQ and CL pretty much trading sideways to kick off the premarket, while GC and 6E march bullish. Expecting more volatility in today’s session.

 

Core CPI and Crude Inventories on the Economic Outlook today, although not sure how much that can affect the market beyond what’s already moving the market.

 

Chances of the market dropping to zero – .0000000001% (LOL)

 

COB Recap

Total Loss $-70

  •  TST = $115
  • AMP = $-185

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Oct 10, 2018 – 3 Steps Back

Premarket Insight

Once again Nasdaq futures testing key support level indicated by the 100 SMA. With yesterday’s inside day candle, key areas to watch will be 7454 (long) and 7290 (short) for a major move opening up a short-term trend. Economic Outlook has PPI insights in at 08:30 today. Also, market analysts are watching Hurricane Michael to introduce some abnormal volatility in oil instruments.

 

Volume check as of 08:00 EST shows normal strength in the premarket with CLX18 above the 100K of volume mark. 6EZ18 and GCZ18 should be crossing the line before the open bell. GC, CL, and 6E trading sideways so far in the premarket.

 

COB Recap

Total Loss $-855

  • TST = $-305
  • AMP = $-550

 

 

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

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”