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Author: Jeff Pierce

The Truth About Day Trading Stocks

The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes To Succeed (Wiley Trading) If you are searching for a book that will get you started in day trading, this is it. Josh DiPietro will...

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Stay Away From the Dollar

I’m not sure why everyone seems to bea dollar bull these days. When you look at the chart below it’s still on life support as it’s just barely made it back to resistance, which is the lower trendline of the...

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Late Rally Gives Bulls Hope

Unless we have some follow through over the next couple of days, the late day buying today will be meaningless and as of right now I believe we’re heading lower based on the charts I’m seeing. Actually, a bounce is...

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Strikes Against Nasdaq Adding Up

I sort of got cut off at the end but I was just going to say that we may get a temporary bounce when the Nasdaq reaches it’s lower Bollinger Band, but not enough that I will cover all my shorts. I’ll just start to...

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Time Could Be Up for the S&P Bull

Below is a very telling chart from Hussman Funds that suggests the current bull market we’re in starting in 2009 could be just about over based on the fact that we’re 17% over the average bull market percentage...

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Bond and Anti-Bond Update

Observations: TBT – This is almost a picture perfect pattern that demonstrates the power of support and resistance. Given that it was rejected on the price chart at resistance and the RSI indicator at 60, and the moving...

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15 Classic Trading Rules

The following trading rules come from a seminar inside  Trend TV where the speaker, William Greenspan, goes over some of the more essential rules that traders should follow to attain the success their looking for....

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Bloggers Turning Bearish

@tickertape produced a great video…must watch,  telling you to get out of the markets. @spyder_crusher remains bearish @dougkass has a high sell short position betting the markets are getting ready to drop...

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