Please try another search
Last week’s review of the macro market indicators which heading into the first full week of April saw the equity indexes looked strong and ready to make another leg higher. Elsewhere looked for...
Just before the Friday open I noted that the embedded cup-and-handle patterns in the Energy ETF (NYSE:XLE) pointed to a potential huge. The trigger occurred shortly after the open. At that point one...
Oil and Energy stocks have been an obsession of the market since oil started falling. It is no wonder, as some of these stocks have fallen 70% or 80% or 90%. Everyone wants to be there when they turn...
T2108 Status: 71.8% (low of the day was 69.2%)T2107 Status: 42.7%VIX Status: 16.2General (Short-term) Trading Call: neutralActive T2108 periods: Day #39 over 20%, Day #38 over 30%, Day #35 over 40%,...
A lot of rising channels failed this week. The charts below are 195 minute bar charts showing two months of trading. The first two rows are the key stock indices where we see that all but the...
It was a lousy day on Wall Street, but a lot of stocks we traded did well. It’s always important being in stocks that are trending, especially when you are day trading. Let’s look at some...
Yield vs. Safety Of PrincipalIf an investor was given the opportunity to invest in two nearly identical bonds with one bond paying 2% per year and the other paying 6% per year, logic says most would...
In my post of December 29, 2015, I stressed the importance of the Financials ETF in, potentially, propelling the SPX to an increase of 5%-6% for 2016.You can see from the daily ratio chart below of...
"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." --Jim RohnA solid day indeed. Monday I showed the trend...
Baby Bull Round II - BiotechLast month we witnessed the power of Baby Bull I with the mining stocks. This month, the mirror baby bull (II) will transpire with the biotech stocks. The iShares Nasdaq...
T2108 Status: 77.5% (ending 22 days over 80%!)T2107 Status: 42.3%VIX Status: 15.4General (Short-term) Trading Call: neutralActive T2108 periods: Day #37 over 20%, Day #36 over 30%, Day #33 over 40%,...
Is the U.S. economy really in great shape? The U.S. Federal Reserve does not seem to think so.They started the year with an intention of raising the overnight lending rate four times – from...
I can make the case that GLD's correction from its 122.37 high (March 22) ended at its 115.55 low (April 1) and that since last Friday, SPDR Gold Shares has turned up into a new up-move within the...
Traders and investors have such high hopes for a turn around in the Biotech sector (via iShares Nasdaq Biotechnology (NASDAQ:IBB)) that even a bottoming process gets major attention. The talk the last...
Q1 turned out to be one for the ages, and after some extreme moves and bouts of volatility, stocks settled down and closed out the quarter with a flourish. After falling more than -10% from the start...