Author: Michael Kahn

Today’s column once again focuses on on-balance volume, also known as cumulative volume. This is basically a volume accumulator that adds the day’s volume if the market closed up and subtracts it if the market closed...

As told by Chris Carolan from an unnamed source: I heard an analyst recently describe the dollar versus other fiat currencies as “the best-looking horse in the glue factory.” 

The latest marketing piece from the “Foundation” had this graph. They actually have been pretty good with this stuff but I do have a problem with the late July rally being of that magnitude. Anyway, the red line is...

Well, its really just a head-and-shoulders with a shrunken right hump, er, shoulder. Weak markets cannot form a proper right shoulder. This daily close only view makes that clearer. Don’t forget that this is only a...

Dear readers, Many of you found me though my column on Barron’s Online. One of you told me yesterday that my column is no longer free and I asked the powers that be what gives? Apparently, the era of giveaways is coming to...

I was away most of the day celebrating my daughter’s birthday but here is one observation – the trend is down. Monday’s reversal at the 50-day average was confirmed. But as it was a problem on the way up,...

I wrote in Quick Takes Pro yesterday that the JNK junk bond ETF scored a death cross as the 50-day average dropped under the 200-day average. A customer challenged my saying that there was no such cross on Stockcharts.com and it...

I had a quickie email discussion with a colleague who was worried that we are seeing February redux and needed to be more bullish in his portfolio. His note to me was written at 1pm when the Dow was still up 70 points....

View this MSNBC report and shake your head at how little we learn from history.http://www.wimp.com/oilspills/ Listen at least to 4 minutes in but you will not want to stop. 

I blogged a few times last year that retail stock trading had jumped the shark – meaning it has gone into stupid territory to mark the beginning of its end. Here is the link to the last one...