Articles for: United States

Despite a lot of rhetoric over the so called ‘September effect’ most major markets around the world ended last month at or just below 12 month highs.

Yes a little bit of shine has come back to gold after so long in the doldrums. Let’s look at the daily Elliott:

Welcome to part 3 of a brand new series on one of my favourite strategies, the Butterfly. In last week’s article, we will be dissecting the Butterfly in greater detail, looking at what makes up its components.

Stand back from it. Study it for a few minutes please.

In my last article I noted that we could be approaching technical resistance in the S&P 500 and that I am paring back my long positions as individual charts begin to show weakness.

I am sure SharesBulletin subscribers will not mind me sharing an interesting email from one subscriber - Glynn.

With all the media hype in our faces on a daily basis it’s close to impossible to completely shut off the radar to outside influences.

Every week at seminars I meet students who want to start trading in Futures. Some even have accounts open, but just don’t feel ready to start or feel a bit intimidated.

For the last 4 weeks, media pundits and market commentators have (rather tiredly in my opinion) prattled on about shares “getting ahead of the fundamentals” and how the market should “pull back”.

Welcome to part 2 of a brand new series on one of my favourite strategies, the Butterfly. In this week’s article, I will be introducing the topic of ‘strike widths’.