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Author: Jeff Pierce

Freaky Thursday

Today was probably an anomaly brought on my extreme fear. Why do lawmakers have to get involved and bring out their pens to create “tighter trading controls”. I get so tired of hearing this sort of garbage. No matter how hard...

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Intraday Alert

I was in transit during the big intraday collapse and while it may be a mistake taking my hard earned profits, I’m going to do it anyway. I sat down at Starbucks and took a look at the carnage, and figured I have no idea how to...

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Trimmed Positions

Opted to take 1/2 my position off the table due to the Nasdaq being a little over-extended on the daily. We closed 20+ points outside the lower bollinger band which in the past has proved to be an area where the markets could...

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Market Call: Confirmed Down

It is now officially time to stalk good short selling candidates and use intraday up moves to add to contra ETF’s. There’s no need to use tomorrow’s open to go crazy shorting stocks because there will be plenty of time to get...

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Book Recommendation

I wandered into a small yet wonderful bookstore on my vacation in Campbell River and “Beyond the Horizon” came highly recommended from the proprietor of the store. The author and his wife live nearby and have quite the worldwide...

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Dollar Trending Higher

I like the looks of this chart and I’m not sure what that says about the direction of gold, but traditionally they run inverse of each other and this appears to be more bullish than GDX. The RSI is not as bullish as I like, but...

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American Debt – Too Big to Grasp

clipped from www.financialsense.com Anyone with a minimal knowledge of American history and having attained basic math skills can quickly grasp where we have come over the last century and a half. We will use the website,...

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