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Author: Jeff Pierce

NZ – Momentum Play

This chart looks even better on a 2yr wkly as it’s completed the cup/handle round trip with a breakout to top it all off. Earnings juice has fueled the move and it should be a winner with these technicals. Now if...

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Big Move Coming or False Rally?

I mentioned yesterday here on twitter that the markets seemed like they were gearing up for a big move. I just had the direction wrong and never thought Obama could move that many people to jump back in the markets, but it is...

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Mark Minervini Talks Trading

Update: For those who want to get the book Mark talks about in this interview, go to the comments section of this post. Howard Lindzon interviews one of the market wizards, Mark Minervini. Howard asks all the right questions and...

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A Correction Would Be Good For Metals

Looking at the metals market I believe we’re going to be running into some major resistance soon for a couple of reasons. I share a different opinion than most that these markets are going to explode to the upside and...

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Bears Remain in Charge

Somewhat of an uneventful day on Wall St with volume almost nonexistent. I kept waiting for the markets to bounce with my market timing system flashing an initial buy signal on Friday, but as I mention in the video that did not...

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Future Canadian Superstars

Here are the results from my weekly Canadian scan highlighting mining stocks that are hitting new highs and could continue to rise. These are pure momentum plays and should be traded accordingly. Stocks that have this type of...

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An Unexpected Trend Change

I received a very unexpected preliminary change in my trading system on Friday which caused me to trim down on my shorts after the close. I’ll need to see a bullish close on Monday to confirm that change and move into the...

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Bond Bubble Not Over

It seems that the action in bonds over the past week tells me that they want to pause before heading off to new highs. I’m sure many out there will say that the bond bubble has burst and that they’re toast. As...

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