GDX and the PDQ
GDX was the biggest loser in the Lazy Man portfolio today and at Friday’s close was solid red in the Final Signal column of the PDQ. Note that the average Target Days excursion is 3 days and the...
Read MoreAuthor: Jeff Pietsch
Counting My Lucky Stars
Intraday weakness set in again and we closed near the lows of the day. Retail and defensive stocks led today while technology, oil and metals lagged. Â We are slowly oozing down and out of the recent consolidating...
Read MoreDigging into the DV1 with Forex
For a while I’ve puzzling over Forex markets and how they differ from other markets such as US equities. After much research, I can certainly say (surprise, surprise) that FX is a very different market and...
Read More04.11.11 – Strong Resistance at 5-DMA
Related posts:09.16.10 – Strong SPY Resistance at Pivot 10.14.09 – Price Resistance on Strong Internals 11.19.08 – Resistance Too Strong 01.28.08 –...
Read MoreVIX Overdue
Looking at the 3 day bars of the Lazy Man portfolio XLB is maintaining a momentum edge but, in sync with Friday’s DIA prognosis, the odds favor a rollover for the Shorts. The VIX is negative this...
Read MoreCSS Wave Theory Building Blocks – Part 1
There are a lot of very successful traders that subscribe to some of the concepts underlying “Elliot Wave Theory.† The general idea behind this theory is that markets move in fractal...
Read MoreETF Rewind – Week 14 (04.08.11) Commodities vs Dollar
Last week’s sideways action allowed equities to burn off short-term overbought conditions. However, what was a problem for equities is now the case for Commodities (DBC), with the US Dollar (UUP) and Treasuries (TLT)...
Read MoreMore Weakness?
The last couple weeks, gaps to the upside have frequently fizzled. We have not had a gap-and-go day in a while. This afternoon the steady rise in oil on Nigeria worries, a potential earlier tightening by the FED and steady...
Read MoreThe case for adding a trailing stop with adjusting ranking methods 4-8-11
Throughout my strategy building I’ve noticed these big eye sores: It hurts to see a trade going good and hitting the skids without stopping the bleeding early. A trailing stop would seem like a nice fit for this problem...
Read MoreFriday Fun – Back in the Groove
Related posts:Friday Fun – Aloha Friday
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