Monday Morning Reads – 1/5/15

Stock futures are lower to start the week.  Crude oil is selling off sharply, while the US Dollar is rallying to fresh 9 year highs.

What will the market give out this week?  Will we see a rally?  Or will stocks continue to pull back?

$SPY should find support......

$SPY should find support at the Abeanomics trendline and resistance at the December inverted flash crash price.

Here is what I am reading this morning:

Yahoo Bing Search Crash

Ticking Time Bomb

Spains Unemployment Declines

Euro Falls to Lowest Level since 2006

Lesser Known Biotech

Investigation Discovery

Chew those rice cakes please

Oil to new lows on supply glut

Citizens Wearing Body Cams?

Greek Exit Would Create Disaster 

Being Poor is Getting Scarier

Bonus charts....................

Crude and US Dollar future charts


Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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