How This “Rectangle” Will Tell You if the Markets will Shift by Friday

The bulls continue to dominate, with the S&P 500 hitting a record high of 2,152.14, the Dow Jones Industrial Average (DJIA) setting a new closing high of 18,347.67, and the NASDAQ closing at 5,022.82 – it’s highest since late December 2015.

But three upcoming events this week could send the markets up or down – dramatically.

So I’m going to show you a unique way to spot a potential shift in the current bullish trend… using shapes.

And by the time you’re done reading, you’ll know each one of the three upcoming catalysts and how to pinpoint trading opportunities – no matter which way the markets move.

To continue reading click here


Milk Earnings Season with the Stock Market’s Most Lucrative Pattern

As hard as it is to believe, we’re already halfway through the year.

And come Monday, Alcoa (NYSE: AA) “unofficially” heads off second-quarter earnings season, which means that we could be looking at some instability in the markets – despite June’s strong jobs report.

Now pundits have mixed opinions of what to expect…. Some are calling for a “frightening” earnings season while others are expecting strong results.

Regardless of who ends up being right, we’re not immune to earnings “surprises” that could drive the markets higher or lower.

In the first quarter, for example, energy companies shocked the markets by beating their expected earnings by 28.7%. But even so, we saw the largest decline -56.6% – in the overall energy sector in the first quarter.

So today, I’m going to show you a classic pattern you can use to milk earnings this quarter… surprises and all.

To continue reading click here


View this page online: https://powerprofittrades.com/2016/07/milk-earnings-season-with-the-stock-markets-most-lucrative-pattern/