Good morning We are looking at another impressive open in equities gap up days are tough be careful not to chase. Watch the dollar weakness and keep an eye on gold. We could be looking at a government shutdown and I would think that could put some pressure on equities if we head that direction. It's not a good day for cryptocurrencies, with South Korea stating a ban on trading was now "a live option" and China reportedly raising the bar on its cryptocurrency crackdown. Bitcoin dropped more than 10% within an hour, eventually tumbling 17% to under $12,000 for the first time since Dec. 6, while ethereum and Ripple posted losses of more than 20%.
Read MoreHey there Pro Members & Alpha Wolf Blog post readers I am going to change things up a bit and try to provide more focused videos each week for the members. One video will provide more stable large and mid cap swing and long term hold considerations and the other will have stocks that are higher risk potential day trades and swings that will include penny stocks and ..
Read MoreGood morning Markets continue to melt up as we approach a very important earnings season. Do not chase make sure you have a plan and always know your risk reward.
Read MoreGood morning I do not know how long I will be able to hand in there today as the cold or flu I am battling seems to be getting the best of me. The trip to CES yesterday was incredible and way too much to try and take in all at once. Complete sensory overload and the idea of being able to go see several companies I am interested in was nearly impossible because they are spread out over several locations near or on the strip which was a complete logistical nightmare. Unfortunately no video today as my throat is killing me and it is actually painful to talk.
Read MoreGood morning Markets are looking to gap down this morning which is something that we should not be all the surprised about. What will be interesting to see is if it will hold steady or accelerate to the downside and intensity, creating some long overdue fear in the markets. Oil is breaking over 63 dollars a barrel in premarket and in my mind that .....
Read MoreGood morning Equities are basically flat in premarket with gold pulling slightly while the dollar and oil are both flashing green at the moment. Remember markets and sectors are overbought that doe not mean that we have to see a swift pull back we could just grind sideways or slowly melt up as we work that condition of through time.
Read MoreGood morning Hear are a few stocks to keep an eye on this morning. I am having technical issues. My apologies there is no video this morning but here are a few names that caught my eye this morning.
Read MoreHello my Friend I have been doing the free weekly stocks to watch for a long time and after all the personal events I have been through over these last few months I am getting a bit burnt out. I am going to be focusing on the Pro members @ Alpha Wolf Trading and myself for the near future. I will still be posting on Twitter and sharing potential movers throughout the day and news events that I think may be catalysts for stocks. However I am suspending the free Friday Pre market prep and the weekly stocks to watch for awhile. I am sure I will get back to it eventually but for now I need to take a break so this will be the last one for now.
Read MoreGood morning In yesterdays market wrap I waived a caution flag for equities in the near term as we have several sectors that are overbought and the amount of bullishness on the street is rather extreme. I am not suggesting we are going to have an immediate severe bear market but I am suggesting that often times when you have such an imbalance in sentiment....
Read MoreGood morning It looks like bulls are still in control for equities as we are gapping higher this morning. Oil is up slightly while gold and the dollar are both slightly lower. Gap up days can be tricky. I am really interested to see how we close out the day. Thursday's economic calendar Chain Store Sales 7:30 Challenger Job-Cut Report 8:15 ADP Jobs Report 8:30 Initial Jobless Claims
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