U.S. dollar ETF (UUP) price rose above its highs of the previous 9 months on 5/17/13, again reconfirming its major uptrend. Silver, iShares Silver Trust ETF (SLV) price fell below its lows of the previous 2 years on 5/17/13, again reconfirming its...
Some mornings, it is hard to get going. I didn't sleep much or well last night. I got home late and had too much coffee to keep me awake while driving the fourteen hours from Utah. So, forgive me if all I saw in my morning read is Goggle, Google, and...
Friday brings a close to another trading week. Take some time to review your recent trading. Make a note of worked well for you and what didn't. Learn from your mistakes, but don't carry them over the weekend with you. It is better to start next week...
Here with are with the U.S. equity markets once again tagging new highs and the list of complaints gets longer. Oh, a correction is coming. We know it, but then those 'out of the market' currently won't feel any of the pain. I'm hearing a 5% correction...
Investors are starved for yield. It's not exactly breaking news. With traditional savings vehicles such as savings accounts, CDs, and bonds yielding next to nothing, investors have been flocking to dividend-paying stocks for years. On the surface, this...
It's early, early in the morning, way before the market opens. As I ponder the day, me thinks the market will take a breather today. The headlines are blaring about the rise in jobless claims, the drop in housing starts, and how Walmart's profits missed...
The S&P 500 is on a tremendous bull run: Up more than 15% this year alone. Eight new record highs in the past two weeks. Six months since the last measly 5% correction. In fact it is starting to look like the last push up before a blow-off top. And,...
Silver, iShares Silver Trust ETF (SLV) price fell below its lows of the previous 2 years on 5/15/13, thereby reconfirming its preexisting major bearish trend. U.S. dollar ETF (UUP) price rose above its highs of the previous 9 months on 5/15/13, thereby...
The worst news of the day so far is the further economic contraction in Europe. The two powerhouses of France and German both saw a slide backwards with France actually dipping below the negative line. This is not good news, nor is it unexpected. The...
Aruba Networks (ARUN) recently gapped down on earnings news, breaking through some key support and challenging its previous uptrend. GAP REVIEW On May 7, 2013, ARUN gapped down taking out the $18.00 support level. The stock immediately sold off and...
U.S. dollar ETF (UUP) price rose above its highs of the previous 9 months on 5/14/13. UUP price turned systematically bullish (from neutral) on 5/9/13. Emerging Markets Stocks ETF (EEM) Relative Strength Ratio (EEM/SPY) fell below the lows of the...
Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price whipsawed back down its 50-day SMA on 5/13/13, thereby turning systematically bearish again (from neutral). Technology (XLK) stock sector Relative Strength Ratio (XLK/SPY) whipsawed back down...
I like history. One can look back, see what happened, and then see how it all turned out. One can also look back and see how those at the time thought things would turn out. Although, this exercise is fun, I am careful not to "overplay" the details, in...
W.D. Gann (1878-1955), the great Texas technician, developed several technical analysis tools which are still used today. They include Gann angles, the square of 9, and the circle of 360 among others. Gann also placed great emphasis on the number 49 (the...
Agriculture, PowerShares DB Agriculture Fund ETF (DBA) price whipsawed back down below its 50-day SMA on 5/10/13, thereby turning systematically bearish (from neutral) again. Copper, iPath DJ-UBS Copper TR Sub-Index ETN (JJC) price rose above its 50-day...