Nasdaq Sets New 2010 High
We all knew that a market collapse was not going to immediately follow the Fed meeting today. At least if you’ve been reading this blog for any length of time you’d know I’ve been very bullish for awhile now...
Read MoreAuthor: Jeff Pierce
4 Power Stocks to Watch
I’m not sure if any of these are going to afford us an opportunity to get on board, but if they do I think you’ll be rewarded. Out of all of these I like SPRD & ZIXI the most…simply because these...
Read MoreNasdaq Summation Turns Negative
Nothing lengthy tonight because anything can happen tomorrow and it’s not worth putting the time in. But one chart I wanted to share with you that I’ve been watching and have mentioned I would inform you when...
Read MoreWhat Kind of a Trader Are You?
Seems like an easy enough question to answer but I bet there are some out there who haven’t taken the time to really label what sort of a trader you are. Now labels aren’t permanent and it’s a fairly obvious...
Read MorePre-Election Pop
I don’t have any sell signal, market top indicators in place, or any other reason to move to 100% cash other than gut feeling. Yesterday I had an opportunity to exit and unburden myself from whatever hijinx may be...
Read More“Elections Are a Non-Factor” ~Faber
When I saw Faber this summer I first saw him from behind, and I was like “Who’s the guy with the pony tail?” You don’t often get to see it on his interviews, but you get a brief look at it here. You could...
Read MoreExpect More Fake-outs
Update – chart added at end of post It’s possible today’s opening move was one of the last chances for longs to unload before the big move down. I trimmed some of my shares, but ended up buying a few...
Read MoreAm I The Only One Bullish?
I don’t disagree a correction could be coming, but it’s very dangerous to remain bearish when the markets are rising. Ask @stockalertvideo I think @wwwstockrake and myself are the only 2 bloggers out there who are...
Read MoreMMYT – Stock to Watch
Recent IPO, Indian travel company with a small float (2mil) and high short interest (32% of float). Add this to your watchlist and if this consolidation breaks to the upside it should easily take out new highs....
Read MoreWill The Silver Breakout Hold?
Silver had a big move this week as did Gold, but after taking a look more closely I have some doubts as to whether it can maintain it’s gains. If you look at a daily chart these indicators are really not in an area...
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