Nightly video update talking about the Nasdaq and the possibility of it losing some of it’s momo. The VIX is sending mixed messages with the RSI stuck in a bear range and a potential bullish wedge forming. The problem with...
Read MorePer Quantifiable Edges: 1st Day of month bullish tendencies have been well documented here and elsewhere. April is an interesting month in that not only is the 1st day typically strong, but since 1994 the first week has...
Read MoreFrom my vantage point the Nasdaq is stuck between resistance and a possible gap that could be filled around the 2760 area. Other than some mild overbought readings on various indicators I track, I believe the place to be is...
Read MoreThe following is a book review by Stephen Burns. The Complete TurtleTrader: The Legend, the Lessons, the Results [Hardcover] If you are curious about the story of the legendary “Turtles”, then this book is for...
Read MoreThroughout the week I’ve seen a number of bullish stocks in a variety of sectors showing up on my scans. , and I’m starting to see an unlikely theme during one of the worst economic recessions most generations have...
Read MoreThe only real trade here is to be long as shorting here is going against the trend. Difficult as it may be to buy after the market has defied all logic that is what needs to be done. However do it sensibly by scaling into...
Read MoreDespite the lack of volume on the indexes, we are starting to see the percentage of stocks that trade above their 10day moving average rise back to more bullish levels. I consider the +80 level to be an area where momentum...
Read MoreToday we saw some follow through to yesterday’s timing signal turning bullish. While I realize that there are any number of reasons to doubt this rally (wars, natural disasters weighing on economy, window dressing, light...
Read MoreWhy Stock Markets Crash (Wiley Publishing): Critical Events in Complex Financial Systems. Who doesn’t love a good stock market crash? Outside of short term traders, it’s an opportunity to reload your portfolio if...
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