The Traderszone Network

Published in TZ Latest News 25 May, 2016 by The TZ Newswire Staff

Old State of Panic Moves to Glee: Getting Short or Hedging Gains in SPY, E-minis and Crude Oil

The recent rallies in Crude Oil and Stocks have completely cleared out the short-term memories of many traders. While an article of mine from just two days ago indicated that those with cash on the sidelines might put some of it to work, the rally of the last two days may provide an opportunity for pause. Like all commodities, including Crude Oil, the Stock Market, as represented by the E-mini S&P has a tendency to trade with hyperbole and cause the casual observer to believe that there is no rhyme or reason to its movement.

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