On Demand

Ask Trader Ed

Showing Posts 91 - 105 out of 1000 found.

Go Back Just A Bit to Get Real

In these days of market panic (and I say that with a smile), all one has to do to get a grip, if one needs to get a grip, is think back to the fall of 2010, no wait, not that far. Try 2011. Sorry, that too is a bit far for me even if it is applicable. How about 2012, then, Dang, let’s just take a look at 2013. On September 10th, the Dow stood at 1466. It had had a good year up to then,...

Continue Reading

Just One More Thing …

The VIX has topped the 21.5 ceiling, and it did it rather quickly. Currently, it is just above 22, as it tracks the major indices on yet another down day. Clearly, the market is not listening to my argument about the economic fundamentals not warranting such a precipitous drop in the major indices. Well, there is not much I can do about that, other than to keep arguing the economic...

Continue Reading

I Have Not a Clue

It is official. The market is in crazy land. There is no way out now until the selling is exhausted, and that will be when the panic to sell is exhausted. On a short term basis, this could get uglier. Wow, what a week/month it has been so far. Students of market history know that October has a reputation for increased volatility. And cutting to the chase, this October is certainly living up...

Continue Reading

How Crazy Is This?

It is to the point now the less said the better. After all, how does one continue to articulate reason in the face of absurdity?   The big red flag is how the Russell 2000 has now fallen to new multi-month lows. It is true the small caps have traditionally led both in and out of bull and bear markets, but this time around, the context is different. The US economy and the Fed are in...

Continue Reading

Now, For the Rest of the Story … Earnings

No matter how one views it, the current market picture is not pretty. Okay, it ain’t pretty, but at least it is consistent. If nothing else, count on the market to succumb to the pressure of the daily onslaught of news and, lacking any large, positive catalyst, it will sell off. This is good news for the folks who like to short the market and it is bad news for those who fear the worst when...

Continue Reading

Sit Tight For Now, But Strap In

The market wants to go down, clearly. Why else would it fade at the peak yesterday and then open with a clear downside bias today? It is clear that the major indices are in a corrective mode at the present time. Didn’t I just write that? Actually (truthfully), I didn’t just write that exactly, but I did say the market wants to go down. I should have written it though, because it is true, to...

Continue Reading

On The One Hand …

Today is a two-handed day, but before we deal with that, let me just say that the market pattern that has developed over this awesome bull run of the last few years is still intact. For the past two and three quarter years, #BTFD has been the name of the game. And in the last 18 months, every single dip has simply been another opportunity to put cash to work. Yup, on the one hand, investors...

Continue Reading

The Market Is Not Crazy After All

If one were to ascribe a mental-health label to it based on its recent behavior, well, schizophrenic would be defensible. Again, the market took us on another wild ride yesterday. Now, the prognoses for recovery, or not, are all over the board. Despite making big moves to the downside during the session, stocks rebounded to close flat on Thursday. Equities edged higher in late afternoon...

Continue Reading

Yup, This Is Full Panic Mode, But …

Yesterday, and as of late, the market has been bent on selling, no matter what the reality is. Panic selling is in vogue. It is never pretty to watch, but, in the end, it can be helpful to a longer term up trend. Let the air out of the selling bag, so to speak, and when the bag is deflated, the buyers will come in to inflate it. If the panic selling makes you nervous, just say “guzfraba”...

Continue Reading

Now, We Are at the Low End

Once again, we see the market tipping on the edge. The S&P 500 is dancing around 1955 and the Dow is burrowing beneath 17,000. One difference this time around is the VIX is sporting a handle of 17.25, a bit closer to the 21.5 level, another technical ceiling of note.  The question, though, is this anything more than what the market has done over the last five years – churn about,...

Continue Reading

A New Market Pattern – Crazy, Right?

I am seeing a general pattern in the market as of the last ten days and it is shaped like a skier climbing a semi-steep hill then skiing down a 30-degree slope, then coming up to a ski jump, going off, landing, then shooting off a cornice virtually straight down the face, then skiing across the flat, then climbing a small but steeper hill, dropping down a short face, then a climb up, a climb...

Continue Reading

Up and Down and Still We Go

A wider range, yup, that is what I wrote last week. The only thing that has happened since the market hit more record highs recently and then unceremoniously dumped last week is that it will now trade in a wider range (1955-2010 on the S&P). And so it goes, the volatile market is going down today after it went up on Friday. What is more interesting, though, is the big fall the major...

Continue Reading

Economic Conditions and the US Consumer Are Still Good

Honestly, it is nice to have yesterday behind us, even if I get it. Even if I understand this has to happen now and again, it bothers me, which I find interesting. The big sell-off for no apparent reason bothers me for two reasons. The first is I abhor irrational behavior and yesterday’s sell-off was irrational.    US shares closed sharply lower, dragged lower by Apple, which slipped 3.8%...

Continue Reading

An Entropic Market Obeying the Laws

What goes up must come down. For every action, there is an opposite and equal reaction. Yup, I am referencing fundamental laws of the universe, Newtonian Physics, if you will. Well, actually the first maxim is a colloquial offshoot of the law of gravity, but it works. Just look at the market today. The price-action is huge and the movement is down, way down. My-oh-my, things can change...

Continue Reading

Ride Out the Volatility, It Will Settle Down

Financial writing does not have to be staid, flat, or dull; it can be colorful, and it often is. Last week’s new highs have been greeted with nothing short of a smack-down as talk of the “death cross” in the Russell 2000 and a potential “Alibaba top” have dominated the discussion on trading desks. I guess the same could be said for market technician terminology, as it relates to charting....

Continue Reading
    3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11    
Membership is Free. Join Now in less than 5 seconds! Alternatively Join or Sign In here.