By: Marc SperlingWith the Russell 2000 making highs both yesterday and today, we are starting to see some impressive action in small cap stocks. There are certain cyclical times of year where small caps take a leadership role...
Read MoreBy: Marc SperlingLast week I wrote that I was “swinging long some Amazon.” While my Tier 1 feeler position was stopped out with the large gap down on Thursday, I gained increasing confidence in the trade through $121...
Read MoreBy: Elliot TurnerYesterday, a Wall Street Journal editorial written by Brett Stephens, entitled “How Milton Friedman Saved Chile” touched a personal nerve. Andrew Leonard over at Salon.com did an excellent job of breaking down...
Read MoreBy: Scott RedlerTraders love follow-through, so Tuesday’s up open was music to many traders’ ears. BUT, on the fourth up day, like I warned, it becomes tough to buy. Traders needed to be very calculated in order to...
Read MoreBy: Brandon Rowley Knight Capital Group recently commissioned a study entitled “Equity Trading in the 21st Century” that explores the major structural changes we have seen in the markets so far this century and the...
Read MoreBy: Elliot TurnerThis morning, 20-year Treasury Bonds–as represented by the TLT–opened just above the 50-day moving average and sitting on the wedge it had recently broken out of. After an attempted down move,...
Read MoreBy: Scott RedlerInvestors Business Daily finally changed their Big Picture to “Cautious Confirmed Uptrend.” If you’ve been reading my notes, I have been cautiously buying since we had our reactionary reversal...
Read MoreBy: Elliot TurnerCongratulation to the Team USA Hockey Team for completing an outstanding tournament and earning a hard-fought Silver Medal against a much more experienced and highly acclaimed Canadian team. For those of you out...
Read MoreBy: Lee VecchioneWe are forecasting that unprecedented government intervention will support markets throughout 2010 as policy makers continue to push the limits of the current liquidity cycle; however, in 2011 and beyond this...
Read MoreBy: Scott RedlerNow all we need is some volume. The market is resolving this wedge to the upside. We are trying to close above 1,110-1,115–if not today, then this week.Gold is working well from my Thursday morning note. I...
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