The dollar soared out of the gate today. As the dollar moved higher, the markets which had gapped up, started to drop back down towards the flat line. The DOW still trades on the positive side of things but off their highs. If...
Read MoreThe market is nearing a cataclysmic event and all traders, swing traders need to watch. The trend line below shows us that a close below could signal a hard sell for the rest of the day while staying above will no doubt...
Read MoreSeptember 15th, 2008, a day that will live in infamy. Famous words, much the same, made in 1941 by our President Franklin D. Roosevelt. As the one year anniversary of the Lehman Brothers collapse approaches, I find myself...
Read MoreThe markets continued their push back to the former highs at $104.35 on the SPY. Light volume, a weak dollar and a monster buy program hitting the financials have all given the markets a nice push. Right now the...
Read More2009 is now being called the turnaround of the “great recession.” For the sake of the world, I suppose this is better than the “Second Great Depression.” However, one must ask, what has really been...
Read MoreAs the dollar headed south over the last 6 months, many wondered if it was about to collapse. Hedge funds, mutual fund managers, individual traders and investors had and are still short the dollar. The rally since March has...
Read MoreAs earnings season is now in full swing, I cannot help but analyze the earnings results from countless companies. So far the markets have rallied 10% in just the last two weeks. Most earnings have blown through estimates. It has...
Read MoreThroughout my years as a pro trader and chief market strategist, I have studied the markets, looking for keys, strategies, new findings. As a company, my partners and I have developed some of the best working and profitable...
Read MoreThe rally has lasted just a few days but it has already changed the mindset of the media and average investor. Last week it was panic, could the market retest the lows from early March, now it is whether or not the S&P 500...
Read MoreAs Iwrite this article on time frames, I wish to speak a little bit about my experience as a trader. Throughout the years, I have made my fair share of mistakes. Those of you that trade/invest in the markets know it is just part...
Read More
