A small gap down for a Friday Morning in the Stock Market???

If they are going to break the stock market today would be the day. After today the variables I look at point to higher prices for the next week.  The market has worked off a overbought condition but it will not take much to get it back into overbought territory. So we are at a point where bullish next week but potential gains are limited.

that’s the overall idea. This is subject to a very wide variance from theory to real-time. Keep that in mind.

Also keep in mind that from now until the election rates will not go up. Democrats are not going to rock the boat with higher rates before a presidential election. I do not care if inflation skyrockets to 50% the primary goal is winning the election at all costs. So as traders keep that in mind since there is going to be a tailwind for quite a while.

I am long and will look for more trades on the long side. The short side will have to wait.

I closed out two long swing trades for nice gains. My gold trade is looking good now. The other trades are fine with one having a very nice gain.

I have got quite a few emails about politics. This site is a non political site. Most likely one of the few. It’s a site where no matter what side of the political spectrum you are on you are welcome here.  This idea of splitting people up as to political beliefs is insane to me. Let the parties divide america. But here No division …just trading and handicapping.

Any comment my make about politics will only be as it relates to the markets and the effect it might have. There is no room for ideology on this site either from the right, middle or left. We get too much exposure to that every day anyway!

If you wish to follow some of my trades go to @rickjswings Its my personal trading feed on twitter and its free.

Good Luck Today


RickJ’s Handicapping Picks

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt
Rickj's Handicapping Picks
Sign up now for our  newsletter. Includes handicapping tips

MLB Season is free for 2024!!

RickJ's Handicapping Picks  The latest in positive EV handicapping Techniques Overnight Plays in MLB are sent out around 3 to 4 PM PST the day before Come join us for a fun and profitable Pro Sports season!!!  
Sign up now for the service. Its free until NCAA FB starts. 

Positive EV Handicapping

Do you know the important clues that help determine which side has +EV?
  • Learn about Reverse Line Moves and how they apply to each sport
  • Learn about being a contrarian and using public % numbers to get an edge
  • Learn about the seasons within a season that all sports have
  • Learn key numbers in all sports

Sign up to get updates that will help you with your sports handicapping!