While recording this update, we are waiting for a significant storm to hit the Pacific Northwest. Apparently this is the remnant of Typhoon Songda and we may have damaging winds and heavy rain. There may be a storm brewing and ready to hit the markets as well. We have the confluence of; an overvalued market, earnings season peaking and a very divisive Presidential election all coming to a head very soon.
Dean Jenkins is the founder of FollowMeTrades.com. He has over 20 years of investing and trading experience and makes his living both day-trading futures and position trading equities and options. He is TradersCoach.com’s “Head Coach” for their one-on-one coaching division and consults with traders all around the globe helping them reach their financial goals.
This website is for educational purposes only. Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.