Now I want to be clear that this doesn’t make me any less bullish that I already am. I have just found in my experience that when everything looks wildly bullish, like it does after Friday’s action, it can pay to...
Read MoreQuite the week where it looked as if the markets were tempting with a correction, but there just was too much buying pressure that turned into a bull’s fiesta on Friday. I sold a lot of stock into that strength...
Read MoreToday’s upside volume came in at 89%.What I’ve noticed over the course of this last uptrend is the lack of 90%+ upside volume days. Normally big rallies like today offers convincing strength in the form of lopsided...
Read MoreToday was definitely a downer if you a bull and there is some just cause to be concerned, but for the most part my charts suggest higher prices are coming. The McClellan Oscillator is somewhat worrisome and not to be ignored,...
Read MoreIf one had to summarize and condense the finer points to put into some type of action plan from the Omnivore’s Dilemma, here it is. This is part 2 from a book review that Maria did on Michael Pollan’s book...
Read MoreHere are a few stocks I’m watching today. Use your trading rules to enter accordingly or pass altogether. These are just potential ideas for your trading. NXTM – strong stock that needs a pullback for me to get...
Read MoreHere are 10 things that are worrying Barry Ritholtz about this current rally as he moved to a much more aggressive bullish stance. I want to disect this a little more and break them into technical/macro to see if there’s...
Read MoreFor those interested I got together with a local Canadian blogger who runs a an extremely informative, value packed website over at Investingthesis and did some Q&A. I had a great time (2 hours goes by fast) and I...
Read MoreOn Thursday I mentioned a potential gap/crap could take place on options expiration Friday and I would say that the chances for that increases each day we’re up or flat. The markets are like a rubber band that are getting...
Read MoreThis chart looks like a mess but there is a method behind this madness. Essentially the blue arrows show when the McCllellan Oscillator peaks after a period of bullishness. Even after this indicator peaks the initial momentum...
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