Author: Michael Kahn

Is it me or is it very quiet out there today? This was a feeling I got just looking at price action and now that I have looked at volume I can confirm it. Amazing how all you REALLY need is the tape. Everything else just makes...

…are you just dreaming?I am not alone in noticing that there is an awful lot of bullish chatter about the bottom and how much longer the current rally can last. Managers are scaling in. And it seems that the media is once...

Right from the newsletter’s origins, here is a chart in Quick Takes format. No text, just a few captions. You can make up your mind about what you see. Subscribers – we’ll discuss Friday.

This post would have been a lot beefier had I done it at the open this morning instead of now. You can blame my doctor for having a cancellation (I’m fine).I wrote in the newsletter this morning that something was fishy...

Not quite as emotionally charged as what our friend from Nazareth would do but for the market it is kind of important.Wyckoff believed that cause and result are necessarily intertwined. Lots of volume should push the market by...

Can you tell I’ve been a little loony today? Darth Vader is telling Luke to come over to the dark side and capitulate with this rally and accept banks’ resilience.I see dead stocks. (OK, too obscure. I see dead...

Today my long time friend and colleague Mike Epstein passed away. His very long career as a stock trader transitioned to a visiting scholar at MIT’s Sloan School of Management where he had been passing his massive...

I often look at charts with my right brain to try to understand what they are really telling us. This is different from the left brain approach we all take as we mark up the price action with circles and arrows and a paragraph...

I have to put on my “Pattern Police” hat and rant about the VIX. While I am not entirely sure patterns, support and resistance mean anything at all on this indicator, let’s assume they do for now. With...

The S&P has kissed the 875 level I have been writing about. Some would say harping or chicken littling but there it is on paper. As a colleague said, now we’ll see if technicians rule the market.Since the technicals...