Featured Articles

Chart Reading
by Zantrio

Let’s begin by being realistic. Nothing in life is foolproof and that includes chart reading. Reason being is quite simple, you cannot see into the future. Anything can happen to change the potential path of the current chart movement therefore you need to expect the unexpected at all times and n...

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Why, When, and How to Buy Options on Futures
by Jim Wyckoff

In this educational feature I will discuss trading options on futures--specifically buying puts and calls. You can also sell options, but your financial risk is not limited like it is when you buy an option. I won't get into selling options in this feature. I know that many beginning (and even ve...

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Your Beliefs About Trading
by Dr. Van K. Tharp, Ph.D.

You do not trade the markets-no one does. Now that might sound surprising to many of you. But what you really trade are your beliefs about the market. Furthermore, your ability to do so is tempered by your beliefs about yourself. I'd like you to write down your beliefs about yourself. These belie...

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Stock Market: world markets correcting…the biggest 3-day drop in 10 months
by Robert W. Colby

Stock Market: world markets correcting…the biggest 3-day drop in 10 months…working off excessively bullish sentiment earlier this month. The S&P 500 Composite (SPX) fell 5.08% over the past 3 trading days. It was the 4th decline in the 5% to 10% range since the bottom on 3/9/09 (based on clos...

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Currency/Commodity Markets
by Kevin Klombies

Below we show the current situation for JNJ and the sum of copper and crude oil futures. Notice that unlike July and August of 2008 there is no clear indication of panicked money shifting hard back towards the consumer defensives. Put another way... through trading last week the markets did not s...

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