. This is from last Friday and I don’t really think that this weeks one single day of losses are enough to work off that sort of an overbought condition. In fact, talk about a Santa rally, we’ve only had 2 down days...
Read More. Some of you may be wondering why I am still monitoring bullish stocks when my short-term time frame has turned bearish. The reason is ultimately I don’t know which way the market is going to move and I’m fine with...
Read More. More than likely we’ll find out if my title is accurate as we’re either going to break out to new highs tomorrow or reverse hard in my opinion. I believe the latter to be the case and I still hold a cautious view...
Read More. With a lot of my twitter stream turning cautions it’s almost a self fulfilling prophecy. However I do believe caution is very much warranted at this time and even if we don’t have a major pullback, some sort of...
Read More. It remains to be seen how far this little sell-off takes us down, but 2 sectors that look strong to me are the Oil and Telecom sectors. Both have broken out of areas of congestion and their 60 minute charts are very bullish....
Read More. Vitaliy Katsenelson contacted me last month about reviewing his latest book and I just started it yesterday after a long wait. I first heard of him when he was Jim Puplava’s guest on Financial Sense and was impressed by...
Read More. Technical difficulties are part of the reason for the late market update, my daughters b-ball game tonight is the other reason. Two sectors that actually look bullish. Keep your eye on them and I’ll do some research to...
Read More. The following is a guest post by Dave Ambrose and is geared for those who want to create passive income through rental properties without the headaches associated with finding responsible tenants . I was at a real estate...
Read More. I was going over some sector charts tonight and this one has the look, which is odd because if the economy is contracting, then these sector should be a poor performer. As you can clearly see by the chart that is just not the...
Read More. Scans continue to generate many charts, too many to cover myself. There are almost always certain times where as a trader you feel like there are way to many charts to look at and you’re exactly right. Narrow your focus...
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