Ep 91: Evaluating Macroeconomic Conditions – Bulls vs Bears

★ SUMMARY ★
In this episode I’d like to go into evaluating market macroeconomics as well as looking at bulls vs. bears.

If you look at the market overall and we go into the weekly stand point, you can see that we’ve made all-time highs at this price level, so the SPY all-time highs here is right around the 2113 level, give or take.

If you look at the SPX, you’re looking right around the 2140 level, really it’s the all-time highs here is 2132 and then if we go into this bar here, 2134, so call it 2135.

What happens in these scenarios is, when you have a combination of shorts and longs, you’re able to take your positions off the table, and take your profits and allow the others to catch up. And then you get out of those shorts, you take some profits and you flip and go into the long side.

Posted at: http://tradersfly.com/2016/06/ep-91-evaluating-macroeconomic-conditions-bulls-vs-bears/

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12 COMMENTS

  1. Very good Sasha. Thank you! When you say we, are you talking about you and a Staff of people or you and the family? Funny you did a video on this, I was thinking the same thing how we were powering higher and came back in such a short period of time. I did purchase a put option on Home Depot and what do you know you mentioned it in your video. They say great minds think somewhat alike. Have a great 4th and I will have my ears on looking for the next video.

  2. Like you always say, keep it simple, let the scales in favor and against, stretching the rubber, a time frame, to current news, and everything else is risk management, do not let emotions overwhelm us, thank Sasha

  3. this is just an opinion though..I don't think we can trust the integrity of the EU these days. what I'm worried the most is the Trillion euro bond buying of Draghi. I'm seeing a bubble bursting here..atleast most likely.

  4. isn't this a a red flag that spx and the DOW are REALLY having a hard time breaching their previous highs?

    this negative interest rate environment and again a more STIMULUS driven environment add more risk to this very fragile state of the financial market

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