Riding the Fear and Greed Pushing Markets

Don't fight the momentum

Greed is once again at its highest levels. That is often times a signal for a turn lower in markets. Below is CNN Fear and Greed Index.

SKEW Index

SKEW continues to push higher which has been a signal for a bullish tone in equity markets. Could we see resistance at 144? Based on market action lately, yes we could.

SP500

SP500 has a could rally up to its high as well a retreating back down towards support. Based on the Fear & Greed and SKEW Index, i’m going with a rally into Fridays close.

Goals

Without goals, life can be stale. One of my goals is to become a better trader as well as share by ideas, knowledge and thoughts on markets and global economics. QQQTrades.Club and Best of US Investors are those place where I post this information. With July 4 coming up next Tuesday, I will be running a Subscription special starting tomorrow, Friday the 30th of June for 55% off the monthly subscription amount of $25 a month until I hit my goal of 100 paid subscribers. Presently I am at 35 paid subscribers.

Included in the Paid Subscription

• QQQTrades Stock Ideas: list of stocks that I see as potential trades (three weeks or less)

• Intermediate Term Portfolio Allocation Ideas: a core portfolio that is based on MACRO economics conditions.

• Market and MACRO economic commentary.

• As well as additional knowledge and information.

Signup starts tomorrow Friday June 30th.

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