A further warning from Guy Cohen about the current state of the markets as conflicting indicators play out.
Click the image to his site and then select Blog Alerts to read the latest.
One of the advantages of buying into Guy Cohen's Inner Circle products of Flag-Trader or Illuminati-Trader is access to his Personal Mentor webinars each month. Open only to his customers Guy deals with investment and trading questions direct from his student traders community.
If you are an Inner Circle member and have not yet received your invitation for his next webinar on 24th May then I suggest you use the Help ticket system on the Flag-Trader site to chivvy one up. The sessions are by invitation only.
Flag-Trader Contact/Help link
The markets continue to be uncertain for all traders and the question of whether the move down in recent days is a real turn or just another red herring remains open.
Guy Cohen has made a post on his blog at Flag-Trader.com where you can pick up on his latest opinion.
If you are not based in the US or not yet a Flag-Trader then you may not be familiar with the 'earnings season'. That period every quarter when US firms are obliged to report on their financial situation and prospects.
It can, of course, provide a bumpy ride for traders as new information becomes available to the markets which may or may not be in line with expectations and market sentiment.
Get it right and you can make money. But take your eye off the ball for a moment and you can lose out big time. Even those nice comfortable trades that were progressing nicely suddenly get disrupted by new information.
The earnings season is a period that Flag-Traders stay away from. Why is a reason that is explained in the course and you can learn more about that in the What You Get In Flag-Trader
But one of the features I have noticed about Guy Cohen is that he is completely open with his advice and reasoning. He has just put up a post on his blog with an update on his view of the current situation. You can read his whole post by visiting Flag-Trader.com and then locating his Blog Alerts.
