We’ll miss you Steve …
More than a modern icon, one of this country’s greatest CEOs since Henry Ford with a dash or more of Thomas Edison, and certainly more panache than them all combined.
Read MoreAuthor: Jeff Pietsch
10.05.11 – Five-DMA Reject or Consolidation?
The major indices continued their momentum runs higher, initially breaking respective downward sloping five-day moving averages, but they are struggling/ minimally consolidating those levels here at the mid-day. Internals...
Read MoreHLC TREND Indicator
The HLC TREND indicator is a moving pivot line signal that I’ve been fiddling with. Basically, we examine the lead or lag of a moving pivot line (H+L+C/3) against a 7 period moving average. This differential of...
Read MoreEurope is Saved Again!
After a big gap down and more fear selling post open, conditions were ripe for a snap-back rally after quickly dropping 200+ Dow points in the first hour. It came in the final 45 minutes of trading, after many shake outs...
Read More10.04.11 – Gap Fill
Short-term bottom? Maybe, keeping a close eye on internals for now, up volume is still flirting with down and highs are struggling, so verdict is hardly in as of the mid-day…. Hey, “it’s a bear...
Read MoreWhere’s the Panic?
We tested last Friday’s break down level, but once the early strength fizzled out, it was a sea of selling. Breadth was extremely negative with volume picking up. We have slightly undercut the Aug low as...
Read MoreETF Rewind – Quarter End | Week 39 | 09.30.11
Although the week offered a mixed performance on behalf of the majors, the broad S&P 500 (SPY) ultimately finished lower yet again by -0.3%. Normally I’d look for change of month buying coming into the markets early...
Read MorePortfolio Trader – Week 40 / 2011
Last Week Last weeks NEW trades slightly stretched available cash. As already stated in earlier posts I’m going to reduce the number of shares for LAST position within NEW trades sections: BUY ERTS 645 instead of 650...
Read MoreYear-to-Date Performances, September Pivots & Such
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Read MoreAnchored Relative Strength Theory
I will preface this post by saying that this is a concept that I have not yet had a chance to test out. That said, I usually start first with a theory or a logical observation and proceed to creating a quantitative method to...
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