The first few seconds you may be inclined to click away due to the low quality of the recording, but this speech is quite good. I’m always on the lookout for this sort of positive material for my daughter who plays...
Read MoreThe following is a book review by Stephen Burns. The New Sell and Sell Short (Wiley Trading) by Alexander Elder How To Take Profits, Cut Losses, and Benefit From Price Declines I am pleased that Dr. Elder took the time to update...
Read MoreThe Dow remains stuck in a down trending channel and has found resistance at the RSI 60 level the past 3 attempts to break through. The 2nd chart I want you to focus on the relationship of the 3 indexes to the Keltner Channels...
Read MoreThis post is in response to a reader’s question concerning what I’m seeing in the silver and oil markets. The first chart is a daily three line break chart showing an rising trendline support near the $92 area, which...
Read MoreMarket internals are confirming this move lower as the number of stocks on the Nasdaq that are above their 200 moving average are falling...
Read MoreI know I spend a lot of time covering the US markets, and I wanted to take some time to do an update on the TSX. As I point out in the video I believe this bounce will be short lived, given the many confluence points that are...
Read MoreThis is a neat chart used to confirm weakness or strength in the market. Basically when the Nasdaq Summation goes above or below the bollinger band then a strong trend has emerged. Use the ADX to confirm that trend and...
Read MoreThe following is a true phone conversation I had with a good friend of mine during the fall of 07′, after I had learned that he started trading. My words are italicized and I’ve changed his name. “So you...
Read More…but most other asset classes look like they’re in the dumps. According to Stockcharts, McClellan Summation Index is a breadth indicator derived the McClellan Oscillator, which is a breadth indicator based on Net...
Read MoreIf there is a market you want to see a chart view with the 3 Line break, leave me a comment below and I’ll try and add to this post if I have time. I’m curious if any of you have dipped your toes in any of these...
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