Major economic reports are taking place on Wednesday. The first report is Initial Jobless Claims at 8:30 a.m. Eastern, followed by the Purchasing Managers Index (PMI) at 9:45 a.m. Eastern. The University of Michigan (UMICH) Consumer Sentiment Index is … Read more

Let’s take a look at the market structure now compared to August. The bulls are shaping up. We want to be long in an environment similar to August while avoiding getting caught in something like we saw in September. The … Read more

  The bulls made progress this week as the market held structure on the dip. Since Friday is option expiration (OPEX), we expected premiums to be crushed (as Chandler laid out in the Thursday newsletter) and to see wild swings. … Read more