BREAKING: The market now sees a new high 71% chance of the Fed hiking interest rates by October.
There is also now a 62% chance of a rate hike at next week's meeting.
Markets think Fed Chair Warsh's first rate move is a HIKE.
Talk about a turn of events.
Talk about a turn of events.
Oil prices are back above $100, PPI inflation is up to +5.4%, and President Trump is preparing potential $5,000 "dividends."
Now, US long-term borrowing costs are up to their highest since June 2007.
What comes next? Let us explain.
(a thread)
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If you need help, don't marry yourself to just one mentor/strategy unless it makes total sense to you and you have a similar thought process. Even then, fine tune until you are consistent with your own process. Eliminate the noise along the way.
Any career takes years to learn & trading no different. It took me ~3 years to even build my system another 3 to be green. Good mentorship accelerates it as does *specializing*. Focusing on 1 market & 1 setup turned the corner for me. Don't be jack of all trades, master of none
If you are still struggling in your journey, level up withMancini's valuable newsletter and golden nuggets such as this:
"When bears control - as posted - we typically get 4-5 Failed Breakdowns that go 1-2 levels then fail. Then a big, multi-lvl run".
There's 7681 tagged in #ES_F. Today's targets (after the 7637 trap) were 7649 (hit), 7659 (hit), 7671 (hit). Bonus were 7681 (hit). 7704, 7714 next. When bears control - as posted - we typically get 4-5 Failed Breakdowns that go 1-2 levels then fail. Then a big, multi-lvl run
BREAKING: Nasdaq is introducing a new trading session from 9pm to 4am ET starting December 6, 2026.
The stock market will soon trade 23 hours a day, 5 days a week.
BREAKING: Trump Media says more than 10 customers, mostly high-frequency trading firms, have signed up for its Truth API, paying $60,000 to $100,000 per month for faster access to Trump's Truth Social posts.
David Hunter @DaveHcontrarian predicts a massive melt-up for stocks, targeting the S&P 500 at 10,000. He notes, 'We're in the final stages of a 44-year secular bull market.' #Markets#Meltup
Full Video: https://t.co/CgFs89dZWG
Big Picture View: Since June 1st #ES_F has been stuck in a massive bull flag. Last week, we broke out the flag, then failed, giving bears control.
Plan Next Week: 7533-36 flag res must recover for ES to rally to 7575-80. Dip there, then we see 7634+. Bears control otherwise
Key Events This Week:
1. ADP Employment Change data - Tuesday
2. Tesla, $TSLA, Alphabet, $GOOGL, Report Earnings - Wednesday
3. Initial Jobless Claims data - Thursday
4. Intel, $INTC, Reports Earnings - Thursday
5. July S&P Global Manufacturing PMI data - Friday
6. July New Home Sales data - Friday
Earnings season is officially in full-swing.
Key to remember trading means having a process, which also means most trades should be replica's of each other. If every trade is dramatically different, it is likely gambling. For me its the same setup every trade, the same direction (long only), managed the exact same way
Learned this rule on the floor 45 years ago and it still holds true 90% of the time (or so it seems): "If a stock does not trade into its GAP area the next 4 days, it can continue in the direction of the gap for 2 weeks. can see how this worked perfecetly the past two months on big blue!