Author: Michael Kahn

The oil ETF is on track for an evening star candle. But with light volume so far today on the decline and good momentum in the MACD, I say you are going to get a second chance to get into this market. As I wrote in...

Just got back from my (theoretical) vacation and although I have sworn off ever flying Spirit Airlines I have to laugh at Tuesday’s news. Spirit announced they will charge $25-$40 for carry on bags that go in the overhead...

I like the term organically as it means true, internally nurtured and sustainable recovery in the market. Do we have that? Do banks play the risk-free spread or loan to the public? There is part of the answer.The recovery seems...

I am spending some time on the road and found something very interesting. We all know how the world thinks Americans are very American-centric and we are. When I logged into the hotel internet in the Dominican Republic, the page...

The Ted Spread is a-rising....

From www.phrases.org.uk:A poke is a sack or bag. It has a French origin as ‘poque’ and, like several other French words, its a diminutive is formed by adding ‘ette’ or ‘et’ – hence...

Just got the word that a later edition of Technical Analysis, Plain and Simple will be translated into Russian. That makes this book, in all of its three editions, out in English, Russian, German, Greek and an English version...

Do we believe another low volume rally? One that followed a higher volume decline? Or one that erased Friday’s bearish key reversal patterns across the board?Soros had it right – hop on the trend where the crooks...

Just some observations for a Sunday night:CNN Money reported Dow futures down 100Futuresource had them down 53And the dollar is still firm after a strong Thursday and FridayWhich means commodities are weakNow, I am not funny...

I have given up trying to figure out what is happening in the short-term. This is different than figuring out what to do. For the former, I’d be sitting on a goose egg in the trading account. For the latter, we’re...