Master Trader Plan for Week 8-5-19

In last Monday’s letter, I pointed out that the week to week pattern has been an advance, followed by minor corrections, and then another advance has been the norm since the recent advance started in June. And said, if the pattern is to continue, the expectation would...

Master Trader Plan for Week 7-29-19

For the broader markets, the week before last was a retracement week within the uptrend, and last week was an advance that continued the trend. That week to week pattern of advance, followed by minor corrections and then advance, has been the norm since the recent...

Master Trader Plan for Week 7-22-19

In the prior week’s Monday letter, I wrote about the uncertainty that was creeping into the markets after the Fed Gov. just stopping short of guaranteeing a rate cut at the end of the month. At this point, it’s a given that one rate cut is going to happen and the only...