To be fair I haven’t followed this type of chart pattern to know what is significant or not, but these reversals appear on the surface to be significant and in unison. It also makes sense for the dollar to pop while...
Read MoreI was really glad to see the market rebound in the fashion that it did, but by the end of the day I had cashed out all my rentals from the other day and sit with 100% cash. To be fair I wasn’t randomly selling just to get...
Read MoreFavorite quotes from this clip outside of the title (which happens to be the best one). Which one is yours? “I know who I am and what I believe, and that’s all I need to know” “Talent you have...
Read MoreLooks rather picturesque if you ask...
Read More…it just may not be the profitable one. Today is one of those days that looks bearish on the surface but in fact is very much needed if this rally is going to continue. It really is too early to know if this is the...
Read MoreThe got cut short about 30 seconds again, but after watching it I don’t think it really missed anything to significant. The Nasdaq could drop 40 points tomorrow and not even come close to interrupting the bullish...
Read MoreENTR is sitting right on it’s uptrending 50dma. Much in the same pattern that SPRD displayed earlier this week this one should be good for a 10% pop, as long as support holds. And if you got into SPRD when I pointed...
Read MoreGerman markets broke out of a symmetrical triangle/wedge formation…however you interpret this, it has bullish implications. When world markets are confirming the strength in the U.S. markets, it’s a sign that...
Read MoreHere is one market internal chart that is at all time highs. It was this high (94) one other time back in 2003. I’m not suggesting that we’re going to fall anytime soon, but just wanted to point this out. Most...
Read MoreBelow is a great article published by Barry Ritholtz that discusses 10 zentrading rules that are essential to your success. If I had to pick a few favorites from the list it would be #7, and #8. I’m continually trying...
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