S&P 500 futures trade 1425 after talks progress – Happy New Year

 
1 min ES_F showing highs 1425.75

Happy new year from Hedge.Ly. We would like to thank you for your continued perusal of our articles.

We hope you learn something but most of all remember you must craft your own plan before you can succeed in your own trading.

Do not let today’s bullishness catch you with your pants down as deal or no deal is still being played on capital hill. It looks as if a deal is priced in and we will continue on a path higher if a deal is reached.

No deal and we go off cliff for a number or days will mean a downgrade and further issues with United States as a going concern.

The chart below is that of $HOV….  A stock which we mentioned here in later 2011 as a performer for 2012, it turned into a 7 bagger. as it closed @ 7 dollars today.  $XHB also has done well. Remember the trade the media hates to love is usually the trade you should take the opposite of.

Weekly HOV. 
1 min ES zoom
5 min

Related Hedge Accordingly Content
  In an interview with Bloomberg’s Tom Keene, economist and...
  Pimco’s Bill Gross spoke with Bloomberg Television’s Trish Regan...
H∆ Top10
Carl Icahn: I don't talk positions BUT... I might be buying $eBay
Gross to El-Erian: 'Come on, Mohamed, tell us why' you left...
Krugman to Tom Keene: Nobody wants us to become Cuba
Michael Lewis Author of 'Flash Boys': David Einhorn is like a 'Dumb Tourist'
Goldman's Gregg Lemkau on falling short in Q1 M&A ranking $FB
Marc Faber: China's Unwind 'Will Be a Disaster' Among Other Things
NASDAQ 100 30 min Chart - (NDX)
A look at the natural gas future chart | $NG_F $UNG |
Real-Time Charts
5 Min Chart SPOOS Chart Update (SPY)

Archives

wordpress stat
Hedge Accordingly by HedgeAccordingly is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Based on a work at http://www.hedgeacccording.ly