Commentaries

The Strategy with the Most Significant Edge April 8, 2008 Kevin Haggerty Energy and commodity stocks continue to be a major source of day trading opportunities because of the excellent volatility, especially the intraday travel range where there is almost always two significant trends, and sometimes three. (more) Key Strategy for 1st Hour Trades April 2, 2008 Kevin Haggerty Treasury Secretary Henry Paulson hit the talk shows over the weekend laying the ground work for his announcement on Monday that there will be a change in the oversight of financial institutions, which of course will be led by (you guessed it) our big-brother government. (more) First Hour Reversal Strategy March 27, 2008 There are just two trading days left in the quarter, so the Generals and Hedge Funds obviously have a reason to hold these levels... (more) First Hour Reversal Strategy March 27, 2008 Kevin Haggerty After three straight up days, and a +8.2% gain from the 1257 low (3/17) to 1359.68 on Mon, the major indexes backed off yesterday. (more) The Strategy that Beats the Casino March 25, 2008 Kevin Haggerty Market commentary and analysis by Kevin Haggerty. (more) The Strategy that Beats the Casino March 25, 2008 Market commentary and analysis by Kevin Haggerty. (more) Daytraders SPX Homerun March 20, 2008 Kevin Haggerty The Fed is attempting to inflate the economy out of trouble again, as it has done every downturn since Fed Chairman Volker did the opposite to choke the inflation. (more) A Winning Strategy for All Markets March 18, 2008 Kevin Haggerty Yesterday started with a big discount opening following the news that BSC was insolvent, and JP Morgan helped by the Fed, bid $2 for the firm. This sent the $SPX down to 1262.71 on the 9:45AM bar and set up the RST reversal strategy again with entry above 1266.48. (more) The SPX Extended Volatility Trade March 13, 2008 Kevin Haggerty Timing is everything as the SPX was about to break below Jan 2008 lows based on the 3/10/08 close of 1273.37. (more) 1st Hour RST Reversal Strategy March 11, 2008 Kevin Haggerty The derivative meltdown and credit crisis continues to expand... (more) Derivative Meltdown Controls Market March 6, 2008 Kevin Haggerty The energy and commodity related stocks are extremely extended, but for daytraders the intraday volatility is excellent, so they continue to be the primary trading focus along with the major indexes and ETF`s. (more) Sector Catalysts for SPX New Lows March 4, 2008 Kevin Haggerty It will take more than spin by the Fed to prevent another meltdown move in the major indexes. (more) Market Symmetry and Volatility in USO and SPX February 29, 2008 Kevin Haggerty My overall market outlook hasn't changed, which is that it remains a bear market, and the cycle low will be below 1270. (more) New Levels Mean New Opportunities February 26, 2008 Kevin Haggerty The major indexes spiked +26 points in the last half hour of trading Friday on the Ambac/MBIA ratings news, and you can bet that the Fed and Treasury head H.Paulson were the force behind the decision which will postpone near term pain, as they give the agencies time to raise capital. (more)