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Author: Jeff Pierce

Obama’s Negative Stimulus Plan

By Martin HutchinsonContributing EditorMoney Morning Could the massive Obama stimulus plan end up hurting the U.S. economy? It’s long been a worry, and now it’s beginning to seem possible. The latest housing reports...

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Bull Parade

Since the Nasdaq has been the index that has lead this rally I think it’s important to focus on it for clues as to whether this rally will continue. A few things I’m noticing that makes the case this parade will...

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Homewreakers…

The media tried to put a bullish spin on the housing data this morning and justified today’s bullish move by saying the bottom is in and the data couldn’t possibly get any worse. When I look at the XHB I see a very...

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Climate Creeps

Global warming, Climate change is going to be a very big issue for the rest of our lives whether we believe it really exists or not. There are two schools of thought when it comes to this topic where one believes the Earth is...

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Sentiment Work

Excellent work on sentiment indicators over at Chart Pattern Trader over the weekend. Near the close on Friday I bought positions in many contras and I’m looking for the markets to begin a corrective phase here. Here is...

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Cognitive Biases

Trading is all about adjusting to your surroundings regardless of what your mind is telling you to do. In fact your mind is almost always going to steer you in the wrong way. I’ve really had to relearn this the hard way...

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