While we’re waiting for this bear market rally to roll over and you’re looking for a hot sector to play intraday, keep your eyes on Sin City. I just wouldn’t advise locking yourself into a position for a number of days or over...
Read MoreApple reported earnings today and the stock moved a little to the upside in the after-hours, but nothing to really juice up the bulls from what I can see. Three dollars isn’t much of a move for a $120+ stock. In fact, today’s...
Read More…historically it’s well off it’s highs and making a lower low even with the massive monthly gains in the markets. You can see the RSI is bumping up against overhead resistance, and may need a few weeks of consolidation to have a...
Read MoreWhile today felt strong as there were some nice gainers across the board, the close felt very forced and tired. Lacking new leaders and hardly any stocks hitting new highs I smell exhaustion. It seems that many smaller priced...
Read MoreI’m currently reading “Mobs, Messiahs, and Markets” and I wanted to share a passage with you that I thought relevant with all the past articles about entities that are “too big to fail.” Now what makes this book particularly...
Read MoreMy indicators are pointing to short term weakness in this ETF. A break in the 200 ma last week while this moving average is declining is very bearish. When you add in the price/volume action here, I think you have good...
Read MoreSmall bio-tech stock that bucked the trend today in a big way. I spotted this on Friday but didn’t act on it with much regret. Could be one to watch in the future as it continues to hit multi-year highs.
Read More14 months in the making, 42 countries, and a cast of thousands. My wife says I dance like this and I’m not so sure that’s a compliment. Anyhow, I found this inspirational and entertaining so I thought I’d do my part and pass it...
Read MoreAnother look at some divergence in the markets. It would be risky to become aggressive on the short side until a downside break occurs, as it still could keep moving higher, but a 30% rise in a month is a bit frothy. You’ll see...
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