The PI has been updated and tweaked. It now provides better Buy and Sell signals. The Beta version was missing filters for volatility, which has now been included. Where the old signal gave a Oversold signal on 5/16 the new PI...
Read MoreI’ll sleep when I’m dead has always been my saying to live by (one of the many). I was always the late to bed and early to rise type of guy. Unfortunately a good night of sleep and trading go hand in hand. Trading is...
Read MoreFinally the Greek elections have come out this weekend and the World Europe is saved. Well maybe not but the markets finally got over another speed bump. Last week we saw a rise in volatility as insurance was being bought up to...
Read MoreAs of Monday’s close, I have four general observations, which are: Monday’s intraday action on the U.S. Major Indices tells me that money may still be flowing into the markets, in general, but it is doing so at a...
Read MoreI doubt I’ll add any additional long positions (at this point I have 6 swing-trades) but thanks to @TheTradingWife in our chat-room, she spotted Amazon.com (AMZN) and I couldn’t help but take a stab at it myself....
Read MoreIf you joined us for the Sunday Night Kick-Off last night, you’ll know that I pointed out Bancorpsouth (BXS) as a solid long opportunity. On any weakness today I was going to buy it, and it gave me just enough to pull the...
Read MoreEconomic Reports Due out (Times are EST): Housing Market Index (10am) Pre-market Update (Updated 8:30am eastern): US futures are moderately lower ahead of the open, after giving up their modest overnight gains. European markets...
Read MoreThe inverted head and shoulders pattern we laid out in last week’s Market Analysis played out perfect. Taking a quick look at the bull and bear case we can see the overhead resistance of the 50 day moving average. The...
Read MoreFurther to my last weekly market update, here is a summary of where money flow ended for Week 2 of June 2012.The Weekly charts below of YM, ES, NQ & TF show that they all closed higher (and on higher volumes) than the prior...
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