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Author: Jeff Pierce

Checklist for Success

Excellent article entitled “Why Do Traders Fail”over at Financial Sense this weekend. I’d like to add a 6th reason to the list and call it “The Need to Win Now”. One could argue that this falls...

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What’s Good on Tap?

The Brewer’s Art: Beer Companies Quench Their Thirst For Growth by Tapping Into Emerging Markets By Jason Simpkins Managing Editor Money Morning With sales volume plunging in Western markets, Molson Coors Brewing Co....

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Caught in a Mosh

Since August 31st we’ve essentially gone nowhere by my indicators. When viewing a 30 minute chart of the Nasdaq, you can see very clearly that the ADX is in a tight range, getting rejected when either the +D1 or -D1 tries...

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Many Sides of Philosophy

The science of things divine and human, and of the causes in which they are contained [Cicero] The science of effects by their causes [Hobbes] The science of sufficient reasons [Leibnitz] The science of things possible, inasmuch...

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Noteworthy Divergence

As much as we would all like for a top or bottom to be quick it never really plays out like that. Major turning points in the markets take weeks or months to form, and they is normally some type of divergence involved. Back in...

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Target on SPX Reached

Back in May I, along with many,  felt that the SPX could reach as high as 1000. Now that we’ve crossed that magic number and you can hear the sounds of champagne being opened around the country, we must look...

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Road to Recovery Will Be Rocky

By Bob Blandeburgo Associate Editor Money Morning While the many of the world’s economies continue to look for signs of growth, the U.S. economy took a big step in the right the direction in the second quarter. U.S. gross...

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Clunkers is a Loser IMO

I’m not sure how this sector didn’t fall on my radar yesterday, but if you’re looking for momentum, look no further. I really don’t understand what our Government is thinking, devoting 2 billion dollars...

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