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Author: Michael Kahn

Hammer Schmammer

What everyone knows is not worth knowing.- a wise stock market person of days gone byEVERYONE was talking about the hammer candle on the major indices yesterday. Such resilience! Hammer out that bottom!Well, today’s column...

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200-day breakdown

OK, squint your eyes, tilt your head, scrunch your cheeks and pretend I made the leap to Communication Breakdown by Led Zeppelin with the title of this post. I did not sleep well last night and it shows.Today’s...

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Commodities Ouchies!

Although off the air now, a kids’ show that was on a lot in our house was called Action League Now! (Nickelodeon). One character called “The Flesh” (“He’s super strong and super naked!”...

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Not so Wells Fargo

Here is a look at a short trade we did last Friday in Quick Takes Pro.The chart showed a triple top (sort of) with defined risk and good risk/reward. Sold it Friday at the open at 32.76 and we are looking for first stop just...

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Docta Coppa

I’ve been writing a lot lately about copper. Many have dubbed it “the metal with the PhD in economics” due to its widespread use in many phases of the economy. Think electrical wiring, plumbing and pipes, air...

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Yeah, it’s real – part II

On May 4, I posted “Yeah, it’s real” saying it felt like January again and a decent correction was coming. Little did I know the Crash of 2:45 would shake things up so much. But here we are a week later and a...

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Tease!

Here we go again – a reason to think natural gas actually stop falling.Alas, my poor heart can’t take it.

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Unstable

The stock market is unstable – period. We had a Hindenburg omen type of signal last week and I am not talking about high levels of new highs and new lows at the same time. I am talking about up and down moves of huge size...

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GS song of the day?

It’s yer money I’m after babyby the Wonder StuffHeaven’s above, no I’m not in loveit’s just yer money I’m after baby.I’m sticking with you and, oh,that’s just becauseit’s yer...

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