Outlook
Monday was a nothing day. We had news that the Senate was not able to raise the debt ceiling, although everyone expects the debt ceiling to be eventually raised. The debt ceiling is like your credit limit on a credit card. Right now, the US is over its credit limit and the government needs to raise it. Circular logic, but that is the way government works. If the limit isn't raised, then the US government cannot pay s bills and government employees start getting furloughed. While the credit limit will be raised, there may be a lot of volatility in the market getting to that ultimate point.
Watchlist
My watchlist is the list of tickers that I watch for my next trade. Not all of these trades are ready, my watchlist is POSSIBLE of trades. The watchlist can change from day to day, so always look for the most watchlist.
Long Trades
No Possible Long Trades
Short Trades
No Possible Short Trades
Economic Calendar
Friday October 01
07:30 AM Personal Income MoM AUG
07:30 AM Personal Spending MoM AUG
09:00 AM ISM Manufacturing PMI SEP
Documentation
Disclaimer
Simple Disclaimer: Trading is not for everyone, and you can lose a lot of money faster than you can imagine. Don’t trade with any money you cannot afford to use. Some or all of the trades posted here, I may or may not have taken. If you really want to know, ask me.