I often complain about August but it doens’t seem to be that bad of a trading month after all. We all knew September is the black sheep, so nothing new there. My stockcharts account seems to be down, so I’m essentially flying...
Read MoreWhen you look at the action on the 60min of the Nasdaq you can see the bollinger bands really tightening up. This often means pressure is building and the market is going to break one way or the other. The ADX is really low,...
Read MoreI recently was afforded the opportunity by Seeking Alpha to attend the 11thannual Agora Financial Symposium here in Vancouver, organized by the authors and analysts who provide excellant contrarion investment ideas and market...
Read MoreI really like this chart and it is one of Barry Ritholtz indicators he used to call last years bottom in the markets. In his workshop I tried to get him to divulge some of the other indicators that he watches, but he gave me a...
Read MoreAfter yesterdays rally (89% upside day) today was expected, but the NYSE advance-decline should give you a small degree of comfort if you are a bull. If you were quick enough in the morning you could have opened a long position...
Read MoreMost of my main indicators in my market timing strategy are end of day and they’re not updated yet, but I’m optimistic that after today’s rally we’re going to get a all clear to get long this market. It may not come for a few...
Read MoreThe day has totally gotten away from me as I’ve been working on my Agora review. Once it’s done there will be plenty of follow up posts because I just can’t cover everything in one review. I’ve just held off posting anything...
Read MoreI was going to post the following article “4 Mental Keys That Help My Trading Performance” on Twitter, but I felt it was so good that I wanted to document it here to reference it on a later date. It’s relevant given the...
Read MoreJust in case the market does bust to the upside, here are a few long candidates. I don’t believe I’ve ever heard of this company and it’s always odd when this happens outside an IPO. When our girls were younger we’d play a game...
Read MoreI can’t say I disagree with Christian’s analysis that we could be in store for some major selling. The problem is the volatility has been crazy and my trend system hasn’t rolled over yet. It came real close yesterday, and with...
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