Author: Philip Davis

Good morning to everyone. The market this morning may be well on its way to having a healthy pullback after the unemployment claims came out at 8:30 AM meeting estimates for number of job losses at 440,000 for last week. While...

What a freakin’ recovery! As I said on Monday: “It’s a paper tiger of a straw man we’re building for $1Tn but you HAVE to respect $1,000,000,000,000 – you just have to…  Our 5% Rule series for the S&P over the...

Bouncy, bouncy markets! We had a heck of a time yesterday – going bullish on 2 DIA plays in the morning for very nice gains (35% and 14%) and then flipping bearish in the afternoon for another 20% gain on the day.  You...

Happy Tuesday to all! Market is taking a fall today, and it looks like it is making a solid opportunity for an overnight trade of the day for us, which we should get involved with this morning and take advantage of a day long...

Does anything about this ride feel familiar? Oh yes, that’s right – good old 2008, when the “minor correction” of 2007 was behind us and the Dow rallied back from 11,500 to 13,200 based on stimulus packages,...

Hello all. It is great to be back. Monday is always the toughest day for my style of trading because the market is starting fresh, and the trends and paths do not mean as much. That is why on Mondays it is sometimes better to...