AAII Sentiment Remains Contained
Here are a couple of interesting charts with the first coming from DShort (click to enlarge) that shows just how far we’ve really come off the 08′ lows. It’s really anybody’s guess how far we’re...
Read MoreAuthor: Jeff Pierce
Another Day, Another White Candle
More of the same today as the markets grind higher. One signal I mentioned in yesterday’s video to watch for to indicate an overbought level is the 4 ema moving above above the upper bollinger and as of today’s...
Read MoreSector Strength: Healthcare
A common theme among the stocks that have been displaying momentum in recent days have been in the healthcare sector. Now I don’t know exactly why they’re moving at this point, but I’m fairly sure that these...
Read MoreBulls Are Firmly in Control
I almost forget to share this chart of the Nasdaq Advance/Decline Volume chart to show how the market internals are beginning to reflect bullish action. Now that it’s broke through the previous peak of 14011 in April, it...
Read MoreNo Trading on the Eve of the Fed
Tomorrow’s Fed meeting seems to have extra importance with the will they or won’t they continue with their quantitative ways. I’m continuing to sit on the sidelines to see how this all plays out as my focus...
Read MoreIn Remembrance of Samantha Wong
The following is a post from my wife Maria (@cruz_girl). My brother lost the love of his life, Samantha, to lupus. Samantha was diagnosed in 2005 but lived a very full and active life until November 3, 2010 when she walked into...
Read MoreFocus on Strength, but Beware the Fed
A few of the market leaders that showed up on my scans over the weekend. I’ll probably be a market observer tomorrow and wait for my signal to confirm an upside signal. Besides, given the strength in the markets Here are...
Read MoreAnatomy of a Blown Market Timing Call
Wed April 13th – Market timing signal turns bearish. I get short immediately after the close. Fri April 15th – I double down near the close as I believe the bounce to be weak and that the market will fall in...
Read MoreWilliam Gann, Astrology, and Tunnels
These quotes are out of 2001 issue of Tradersworld in the article (pgs 25-28) entitled “The Time Factor of W.D. Gann”. Now I don’t know a whole lot about Gann, but the guy is anything short of boring. This...
Read MoreGoing All In: Poker vs US Gov’t
I’m not much of a gambler and I find casinos incredible sad for the most part, but you can’t argue the similarities between poker and trading. Below are some of my favorite quotes from this short video that is well...
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