Blog Feed: zentrader.ca

Blog Feed: mastering the markets with quiet fortitude and inner calm...

Already a Member? Log In to Your Account


Sharp Declines For US Dollar Coming

Published on 2013-01-01 13:11:20

By Poly The Dollar has recovered and recharged from the recent selling pressure and is again poised to continue its Cycle decline.  Because the 3rd Daily Cycle has progressed to Day 16, we should expect to see only 4 to 8 days of sharper declines i

Fiscal Cliff Keeps Many Traders On Sidelines

Published on 2012-12-31 18:50:04

Below is the sentiment/bias of the major contributors at zentrader for the next 2 weeks. Happy New Year and here’s to a prosperous 2013! All About Trends - No resolution to Fiscal Cliff could cause a dive and that can be used to buy a few thi

McClellan Summation Index Remains Challenged

Published on 2012-12-31 08:29:41

By Liz DeMera The NYSE Summation (raw data) requires +2000 advancers to halt its downward direction. The down direction is not a positive sign for the market. When the market rallies this is something we want to watch carefully as a failure to get t

Financial Astrology: Copper Ready to Break Out?

Published on 2012-12-30 22:35:51

By Karen Starich The red metal may get a little boost with a rare aspect from transiting Mars (copper) in Aquarius sextile Uranus (electricity) in Aries.  The two planets are transiting each other sign which is called mutual reception.  The influen

VIX Has Room To Run

Published on 2012-12-30 18:20:30

Below is a chart of the VIX with the actual VIX removed. What is left is the 10 day moving average and you can see that is’s showing “normal volatility” at this point and there is a lot more room to run to the upside. The reason I l

Fiscal Cliff No Match For Covered Call Trading

Published on 2012-12-30 01:49:40

By Chris Ebert Option Index Summary In the most recent Option Index Update the following conclusion was made: From an option trading perspective, a big change in the market seems very probable now. It might not be tomorrow, it might not be next week.

Financial Astrology: Bond Update

Published on 2012-12-29 15:51:05

By Karen Starich In 1993 when President Clinton was struggling with his budget deal it was the invisible bond vigilantes that almost wrecked his presidency.  James Carville came out in the media with a spiritual epiphany declaring his desire to rein

Late Selloff Could Be Harbinger

Published on 2012-12-29 03:46:23

Expect Macro Fireworks Next Week

Published on 2012-12-28 13:17:30

By All About Trends IF some sort of deal is “Magically” reached Sunday night odds favor market is going to get gapped up and it could do so quite hard. That would mean come Monday at the open if you are going to take a trade on the long s

Trader’s Elevate Markets On Hope

Published on 2012-12-27 22:01:36

My thoughts on today’s action is that today was simply an oversold bounce that was likely to happen with or without a catalyst, but was ignited when some fiscal cliff hopeful resolution hit the news wires. I don’t trust a low volume news

More Follow Through To Downside Coming

Published on 2012-12-26 22:55:45

Extreme Sheepherding

Published on 2012-12-23 15:03:41

Wow…Wow…Wow

Slowing World Economy Will Make 2013 Rough

Published on 2012-12-23 05:35:54

By Poly Equities took a significant overnight drop on Thursday when talks of a fiscal cliff breakdown hit the wires.  The drop only served the purpose of keeping this 100 point 1st Daily Cycle from getting to far ahead of itself.  The decline has

Watch The VIX For Clues Next Week

Published on 2012-12-22 15:51:06

This is a difficult market to analyze because this week’s close gave fuel to both cases in my opinion. The bulls can argue that the way we rebounded off the lows on Friday is bullish, while the bears can say that this is the start of a larger d

Perception Is Your Reality In Trading

Published on 2012-12-21 14:02:09

By All About Trends In addition to the current daily index charts? We talked about “What Do I Need To See To Make Me Take A Trade On The Long Side” that being Pullback Off Highs (POHs) and sure enough take a look at the names below as her

Next Areas Of Support For The Indexes

Published on 2012-12-21 01:04:14

Given the big drop in the futures market the next step is trying to determine where may be a good idea to focus on as support. I’m bearish on the markets and believe we have the potential to fall a lot, but before we get to “a lot”

Desperately Seeking A Gold DSL-Daily Cycle Low

Published on 2012-12-20 08:29:17

By Poly A Dollar in decline, a 3 Year Cycle Top, and a “Dollar pummeling into the New Year” all sound wonderful for Gold. Ordinarily of course gold would be rocketing from here as the dollar collapses. For gold to drop this far while the dollar c

Thoughts on Housing Sector Charts

Published on 2012-12-19 23:34:40

Also the game is the majority are giving to the minority.. The minority educate the majority on how to play the game using charts educated in past tense anyone can see when to get in in past patterns. so it all looks good and easy. But what has happ

Sell The News Could Be Coming

Published on 2012-12-19 14:11:54

By All About Trends For today the only two charts you need to know are shown below. See how far and how fast we’ve gone from trend channel support to resistance here? In micro time it’s bus chasing mode currently all in “Don’

IBD Stocks Under Accumulation

Published on 2012-12-18 23:26:58

Below is a list of stocks under accumulation according to Investors Business Daily. I picked a few and did some analysis on where I think would be a safe entry for a long trade. I may try and do this a few times a week if trader’s find it usefu

Explanation of Stock Market Manipulation

Published on 2012-12-18 17:26:13

I appreciate the openness of Cramer here and the “matter of fact” about how markets are really manipulated in the short term.

Financial Astrology: RIMM’s Turnaround Story

Published on 2012-12-17 21:52:47

By Karen Starich The RIMM story may be the opposite of Apple.  RIMM has more than doubled in price since October and has caught our attention.  Pluto is conjoin Jupiter (institutional investors) in the incorporation chart and conjoin the Midheaven

Covered Call Trading Just Will Not Stop Winning

Published on 2012-12-17 10:00:58

By Chris Ebert Option Index Summary It’s been an amazing ride for covered call trading lately. Week after week, these trades have continued to return profits. In fact, 50 out of the past 52 weeks have been winners, and this past week was no excepti

NYSE Summation Update

Published on 2012-12-16 22:03:00

By Liz DeMera The market has gone sideways to work off the overbought condition of the market which can be seen as bullish or bearish depending on what your bias is. The concern to me is this sideways action has kept the breadth neutral over the last

Markets Slip Into Half Cycle Low On QE News

Published on 2012-12-16 12:30:51

By Poly The Equity markets were not too impressed with QE4, the initial rally fizzled and its been a couple of losing sessions since.  I think there are multiple reasons for this. There is plenty of liquidity already sloshing around the markets; QE4

Markets May Have Bullish Bias This Week…

Published on 2012-12-15 18:13:28

…but don’t let it fool you. The markets are weak and will likely be lower when real trading resumes after the 1st of the year.

Watch For Pullback In These 3 Stocks

Published on 2012-12-15 03:55:27

I am bearish on the markets. I have been for awhile and see no reason to think we’re not heading down this holiday season, but I wanted to start to point out a few leading that may be long candidates when the markets have bottomed. The one thin

Ask The Option Scientist: 5 Ways To Go Long

Published on 2012-12-14 07:00:25

By Chris Ebert Do you have a question for the Option Scientist? Send it to optionscientist@zentrader.ca. Your last name and e-mail address will be kept confidential. Q: Mr. Option Scientist: are there any creative ways to use options to go long on a

Shake and Bake Out High In Progress

Published on 2012-12-13 14:08:58

By All About Trends Over the weekend we said: Beware of a breakout in the form of a shake and bake shake out high IF it were to occur. Think new highs and dies only in this case a new high off the November lows run. For those who don’t know wha

Next Round Of QE Could Be Bad For US Dollar

Published on 2012-12-13 08:21:29

By Poly The Dollar responded to the FOMC news exactly as one would expect, by moving lower.  Additional quantitative easing of $45B per month on top of the existing $40B was enough to immediately drive down the Dollar.  Although the reality is that

Negative Divergence On NYMO is Bearish

Published on 2012-12-12 23:32:48

I’ll admit I was surprised that we had one last leg up over the last 6 days but I think with the way the markets sold off on the Fed’s news combined with a new moon tomorrow I’m expecting a short term top in the general markets. Not

Quick Look At The Metals

Published on 2012-12-12 18:53:18

Markets Doing Best To Squeeze Shorts

Published on 2012-12-11 20:37:54

I totally forgot to mention the new moon which is on Thursday. It’s quite likely we churn tomorrow before starting the next leg down on Thursday as new moons have recently marked a change in trend and this is a perfect area for the markets to p

Fed Has Trader Sentiment At Standoff

Published on 2012-12-10 16:50:30

Below is the sentiment/bias of the major contributors at zentrader for the next 2 weeks. The big difference this time is there is no neutral as traders take more of a side, albeit the overall indicator is at a deadlock with no edge, which is very ref

Remaining Bearish Into Fed Announcement

Published on 2012-12-10 02:12:14

Short Side Coming Attraction

Published on 2012-12-08 15:46:33

By All About Trends Or shall we say the “What To Look Forward To!” 12-2 Per the index action at the beginning of this newsletter. If the markets do break down and retest the lows of November it ought to drag everything with it. Here is ju

To Gauge Future Volatility – Try The LSSI Index

Published on 2012-12-07 19:00:21

By Chris Ebert Option Index Summary For every trader, there exists the unknown. Nobody knows for sure what the markets will do next month, next week or even in the next few minutes. The reason for this is that nobody knows what the next catalyst will

Failed Catalyst Can Cause Fast Moves

Published on 2012-12-07 09:47:53

Below are some of the key points of the Nasdaq chart I wanted to touch upon in light of today’s inability to hold it’s gains. Breakdown from bearish rising wedge. Falling trendline on RSI w/ lower highs and today’s news driven move

Decision Time On Gold Is Fast Approaching

Published on 2012-12-06 13:12:00

By Poly It’s decision time on the Gold Cycles, we’re down to the business end and the action is about to reveal exactly where Gold is heading in the near future.  I believe that gold over the next 4 sessions will reveal where it’s headed over

Apple’s Move Was No Surprise

Published on 2012-12-05 15:24:36

On Nov 24th, in this video at minute 2:14 I stated that “my upside target on Apple is $590″.  Apple closed that day at $571. You can see by the shaded area on the chart that we barely ever traded above that level and we never closed abov

December Could Be Harsh For Apple

Published on 2012-12-04 22:12:55

By Karen Starich In 2012 there have been a series of transits that have impacted both the incorporation chart and the first trade chart that suggest the new technology is being blocked by potential outside influences that may be stalling the release

Volatility Remains Low (Bearish For Markets)

Published on 2012-12-04 16:46:05

TSX Lost Some Ground Today

Published on 2012-12-03 21:27:10

What I mean by that title is last week I was noticing some positives in the TSX and I actually thought recent strength in precious metals could be enough to lift this index out of it’s major bearish trend, but today changed that. Weakness in th

A Rising NYSE Summation Index Is Bullish

Published on 2012-12-03 07:01:53

By Liz DeMera A Summation Index that is going upward is bullish for the market as can be seen below in the first chart, unless of course the market decides to take another turn. The summation bar chart (second chart) is showing a possibility of becom

Few Thoughs On Lunar Chart For Dow

Published on 2012-12-02 15:31:52

Few observations about this chart with the new/full moon annotations: Since Sept top, we’ve seen a series of lower highs/lower lows for each moon phase. This V-bounce as moved right into resistance & this bounce appears stronger than it actuall

2012 Covered Call Trading – 50 Wins 2 Losses

Published on 2012-12-01 13:45:52

By Chris Ebert Option Index Summary Covered call trading is one of the most popular styles of option strategies among retail traders, and for good reasons. The trades are simple, and they are profitable in strong bull markets, weak bull markets, side

Sector Review Not Great For Bulls

Published on 2012-11-29 20:13:59

Fast moving video where I cover a few sectors that stood out when I went through all of my charts tonight in hopes of shedding some light on what’s really going on in the markets after a bullish run on the indexes off an oversold condition.

US Dollar Could Be Nearing Endgame

Published on 2012-11-29 10:27:56

By Poly It now looks as if the expected Dollar DCL has played out with the recent (Monday) Day 27 Low.  There was some positive (in relative term) news out of Europe with the announcement of yet another Greek bailout adjustment that the market was e

Markets Whipsaw On Washington’s Words

Published on 2012-11-28 12:23:05

By All About Trends Folks, recently we talked about Washington bickering amongst themselves and how it would NOT be tolerated by the market. Yesterday Harry Reid had this to say: HARRY REID SAYS `LITTLE PROGRESS’ MADE RECENTLY IN FISCAL CLIFF T

Financial Astrology: Lunar Eclipse Nov 28, 2012

Published on 2012-11-28 00:21:49

By Karen Starich On Wednesday we will have a lunar eclipse at 9:45 am EST.  The eclipse will peak at 6-7 degrees Gemini.  This will be the same degree Jupiter will move stationary direct from on January 30, 2013.  There may be plans in the works t

Where Are The Bears?

Published on 2012-11-27 14:05:03

A few weeks ago when volatility was really picking up and the markets were falling it seemed like many people were calling for a short term bounce in which they wanted to establish short positions. Well now that we’ve bounced over the holidays

Apple Option Trading Strategy

Published on 2012-11-26 21:49:51

By Chris Ebert/Fun Money A case of too far too fast here overbought at 50% fib level resistance in tandem with the indexes being at resistance. In fact, AAPL is simply propping up the market today . One more push up the red line has us b uying puts w

Zentrader Sentiment Slightly In Favor Of Bears

Published on 2012-11-26 12:41:17

As a way to bring all those who write articles on Zentrader together I’m introducing a new trading indicator that measure sentiment from those contributors. Consider this an experiment of sorts as we won’t know how valuable this inform

So Many Charts, So Little Time

Published on 2012-11-26 01:35:27

Glimmer Of Hope Seen In Covered Call Trading

Published on 2012-11-25 15:51:53

By Chris Ebert Option Index Summary Not much has changed since last week’s Option Index Update. The following still applies: “Given that the option indices indicate significant weakness in a market that is barely holding onto bullishness, and tha

Why I Think Apple Is Heading To $400

Published on 2012-11-24 21:24:22

I can already imagine the dislike mail that’s coming my way, but before you tell me how amazing this stock is has been, realize that we always and will always have darlings and they all eventually succumb to selling. I’m not saying Appl

Option Trade Idea For Buying CMG Puts

Published on 2012-11-24 13:15:24

By Christopher Ebert Below is an example of a trade alert that went out for Fun Money on Friday morning. Subscribers receive structured option trade ideas with trade alerts so you know exactly what to do for maximum profits. Per our update from

Resolution In TSX Is Coming Soon

Published on 2012-11-23 16:52:31

Today was a fitting conclusion to a shortened holiday trading week where we saw a lot of stocks and the indexes rise on below average volume on what amounts to no news. When viewing many charts I see a lot of negative divergences, rising bearish wedg

Be Wary Of Excessive Baggage Fees

Published on 2012-11-21 21:01:32

I ripped this out of last month’s Maclean’s magazine while I was waiting for my haircut last week and it’s been in my jacket pocket since then (hence the wrinkling). I found this interesting from a consumer standpoint the % of total

Holiday Week Could Provide Shorting Opportunity

Published on 2012-11-21 12:46:03

By All About Trends Today is the 3rd up day of this run (without counting the reversal day last Friday) all right into a holiday. From here on out we just drift. Markets are closed tomorrow in the States in observance of Thanksgiving day and are open

SPY Bumping Up Against Resistance

Published on 2012-11-21 00:33:29

The post-election drop in the markets has been swift, but should be no means a surprise given the series of lower lows and lower highs on the S&P 500 below. The 2 day rally we’ve seen has been impressive, but no match for the selling we’v

VIX Is Displaying Troubling Behavior

Published on 2012-11-20 10:13:16

By Poly The extra downside I spoke of has come and with it the very real possibly of a new Investor Cycle.  We never know until a Cycle is confirmed, but the action last week has a really strong chance of having marked a DCL and ICL.  We’ve had a

Market Doesn’t Have Much Upside Left

Published on 2012-11-19 19:46:39

If you watch one video of mine this week I suggest watching this one.

Three Outcomes When Placing An Options Trade

Published on 2012-11-19 09:11:07

By Fun Money As our stock newsletter pointed out, the indexes finally gave us a constructive day Friday. And our two current positions are acting well with opportunities for us to do more (see our watch list below) as the market may give us a well ne

Consensus Seems To Be Rally, Then New Lows

Published on 2012-11-18 15:45:39

Market Internals Point To A Significant Bottom

Published on 2012-11-18 12:57:16

By Liz DeMera There has been many positive developments that have taken place in the internals of the market. The first one was when the market was on the lows (Down 65 Dow Points) Friday morning it had less NYSE 52 week lows and  breadth (advanc

Rest Of 2012 Could Depend On This One Trade

Published on 2012-11-16 18:02:33

By Chris Ebert Option Index Summary A troubling pattern is developing among the more common types of bullish option trades. They are almost all resulting in losses when opened at-the-money, four months (112 days) prior to expiration. Long Calls are l

Smart Money Is Buying Gold

Published on 2012-11-16 09:10:03

By @tradepoly I know many people are concerned about Gold here as a result of the action out of the miners today.   Before I look at the miners, I want to say that in light of the carnage within Equities and the PM Miners, Gold/Silver held up extr

Is Natural Gas A Short Here?

Published on 2012-11-15 18:24:52

I was asked by a reader that same question and after checking out my charts I would have to say shorting UNG right now is a bit early due to short and mid term strength. In fact, today seems like a good time to take a speculative long position if you

Markets Are Getting Unstable

Published on 2012-11-15 08:27:57

If you’re finding this market challenging then you may benefit from being on my free market timing newsletter. It issued a “sell signal” on November 6th after the close. Turns out that was a pretty good call. Sign up here to be aler

Looking For A Rally Any Day Now

Published on 2012-11-14 19:10:32

By Liz DeMera I’m looking for a Oversold Rally as this 1st chart demonstrates the severe state of oversold that we have now. If were down again tomorrow, it would have a reading of -785 (red line) based on what is dropping off the moving avera

US Dollar Bumping Against Resistance

Published on 2012-11-14 12:23:28

Today’s chart of the day from All About Trends is UUP which we’ll use as the proxy for the US Dollar. 11-14 We used to say dollar up-markets down, dollar down-markets up was all the rage and it still looks that way here, but see the USD?

How 8 Minutes Could Change The World

Published on 2012-11-13 21:20:19

Of all the December 21st, 2012 explanations of what is going to happen, this sound like the one that has the most scientific explanation and common sense behind it. In addition…this has an overall message of peace and prosperity vs the fear bas

Looking For A Minor Relief Rally

Published on 2012-11-13 10:40:24

At the open the markets dropped like a rock and have since bounced immediately. This was not surprising given the positive divergence that’s was taking place on this 60 minute chart two times. First yesterday’s low set up positive diverge

Financial Astrology: The Petraeus Affair

Published on 2012-11-12 22:21:02

By Karen Starich What could evolve out of the sudden resignation of General Petraeus could be much bigger than just love and deception. The real story could be a masterful intrigue that unravels the powers that be, and only Shakespeare could have wri

Lessons Learned From “Margin Call”

Published on 2012-11-12 12:53:55

From a trader’s perspective it was an interesting movie. If you aren’t a trader, I can’t really see you finding this interesting. I’m surprised by the star power behind this movie as it would have been the same movie with less

DDD Recent Breakout Running On Fumes

Published on 2012-11-12 01:40:45

Reader Question: I was wondering what your thoughts are on DDD (3D Systems)…it seems like a strong stock with relative strength (relative to the overall market). If you can, please let me know what you think. Thanks! While I agree that it’

Counter-trend Rally Could Be In Play

Published on 2012-11-11 15:54:45

By All About Trends Friday We Said: “According to Elliott Wave theory after the completion of a 5-waves down sequence it typically leads to a 3-waves up counter trend rally. That’s always the issue with waves and trends, you never know h

Two Short Candidates I Like…

Published on 2012-11-10 22:07:25

…for when a bounce does materialize. These have both sold off hard on earnings and I don’t look for them to recover any time soon, especially now that my timing signal is firmly down. I don’t generally like shorting individual name

Options Show Market Ready For More Big Moves

Published on 2012-11-10 05:00:04

By Chris Ebert Option Index Summary A few weeks ago, the Long Call/Married Put Index (LCMPI) began indicating weakness in the current bull market. With that weakness came a renewed lack of predictability. Strongly bullish traders are relatively predi

My Thoughts On Post Election Trading

Published on 2012-11-08 21:13:12

Rare 90% Downside Day Rattles Investors

Published on 2012-11-08 08:44:48

By @tradepoly A significantly ugly day across all Equity markets with the type of declines normally reserved for panic days towards the tail-end of a Cycle.  Besides a few sectors than managed to resist the drop, (Silver miners, Oil Exploration and

How Many Open Positions Should You Carry?

Published on 2012-11-07 22:02:20

Reader question I decided to answer in a video. How many open positions is practical given an account size of $20,000. I am just now realizing that I miss opportunities on both the buy and sell side due to the challenges of filtering so much informa

Financial Astrology: An Election Scandal?

Published on 2012-11-07 10:15:23

By Karen Starich I was very vocal about a potential Obama defeat.  Although the outcome is a surprise I am not shocked.  Mercury turned retrograde on election day and there could be a twist to this outcome.  Mercury retrogrades are notorious for b

Market Timing Signal: Short Trade Triggered

Published on 2012-11-06 20:59:48

This was sent out to those subscribed to my free market timing newsletter shortly after the close today. If you’d like to be included on the list and receive future market turning signals you can do so by signing up here.  It always seems like

Avoiding Post-Election Options Volatility Crush

Published on 2012-11-06 10:15:45

By Chris Ebert Stock options are bets, pure and simple. A trader can place a bet that a stock price will go up by buying a call option, or bet that it will go down by buying a put option. It is also possible to place a bet that the price will either

Sentiment Charts Suggesting A Relief Rally

Published on 2012-11-05 23:39:31

By Liz DeMera Looking at the following charts below, I believe will have a rally sometime this week. Many folks looking for the market to break down will be disappointed as the data shows we should get a rally before a break down.  By no means d

Daily & Weekly Analysis For CORN

Published on 2012-11-05 17:59:54

CORN could be following the script of my analysis from a few weeks ago. After it’s big run-up from Jun-Aug it’s really spent the last quarter digesting it’s gains. Now all it needs is a “scary” sell-off down near the $44

Two Critical Levels I’m Watching For $AAPL

Published on 2012-11-04 10:57:29

Here’s what All About Trends has to say about Apple’s chart on this weekends premium newsletter: Not only did we get a “Back To The Scene Of The Crime” we got another leg down. Notice the gap fill at 580? We’ll see. Keep

Great Promises Of Abundance Coming

Published on 2012-11-03 20:42:02

Here is a question from last nights Financial Astrology webinar regarding Karen’s prediction that Obama won’t be reelected. I hope your right about an Obama defeat, but if he does win, would that change your outlook for record highs in th

Market Predictability Gone For Time Being

Published on 2012-11-03 10:00:16

By Chris Ebert Option Index Summary The Long Call/Married Put Index (LCMPI) returned to positive territory this past week – barely – and is hardly an indication of any significant change in sentiment. There is very little in the way of strength b

Expect Cycle Count In Equities To Fail

Published on 2012-11-02 13:04:49

By @tradepoly We’re very late in the Cycle now and as laid out in the weekend report, my expectation remains that this Daily Cycle will fail.  The employment report will be announced this Friday and this always is a market moving event.  As the

Markets Will Let You Know To Be Long or Short

Published on 2012-11-02 00:21:57

By All About Trends – Your source for daily market analysis, trade alerts, and a sound trading methodology. Here is your big picture chart from a few days back and as you can see we tagged a MAJOR support level and after a few days of being in

Markets Likely To Overshoot Upside Target

Published on 2012-11-01 17:30:35

If you are interested in being on my free newsletter to receive alert notifications of trend changes in the US and Canadian Markets, click here.

Financial Astrology: Ford Motor Co

Published on 2012-11-01 11:35:37

The following is from a trade alert issued by Karen Starish to Astrology Trader subscribers on October 2nd recommending Ford for a long position. Ford released earnings this week and has rocketed higher.  I’ve updated the chart to reflect this

Hearts Of Fire

Published on 2012-10-31 00:16:40

Beautiful music to conclude this trying 4 day weekend. I’m wishing safety to those who have been left in the path of Sandy. Selah Sue, Ed Sheeran and Passenger on the haunting tune: “Hearts On Fire”

Options Analysis Indicates JAZZ A Buy

Published on 2012-10-30 10:44:45

JAZZ Simply Came Too Far Too Fast At one point early this October, Jazz Pharmaceuticals (NASDAQ: JAZZ) share price was up 58% year-to-date, including a rise of 25% in September alone. While that is great for shareholders, it also presents a problem; the stock price has risen too quickly for traders comfort. Stock prices tend [...]

How To Get My Opinion On A Stock Chart

Published on 2012-10-29 10:26:34

Once a month I try to do a complimentary technical analysis on any stock that those on my free newsletter are interested in learning my personal thoughts on. This does two things. It gives me a idea of sentiment among my readership and if I start to see the same stock requested by multiple readers [...]

Option Trades At Bull Market Tipping Point

Published on 2012-10-28 16:00:51

By Chris Ebert Option Index Summary Traders have now lost faith in their bullishness! It’s not that they are no longer bullish; they are. But as of this past week, they have lost strength in their bullish convictions. As a group, traders generally have three emotions. They are either strongly bullish, weakly bullish, or downright [...]

LinkedIn Looks Far Better Than Facebook

Published on 2012-10-28 11:55:21

By All About Trends  We Trade What We SEE, NOT What We Think, Hear Or Fear.  With each trade make sure you ask the question: ”What Do I Need To See To Make Me Take A Trade” LNKD Let’s first check out the long term picture to get an overall feel for the trend. LNKD has [...]

How To Position Yourself For Quarter Four

Published on 2012-10-28 01:31:51

Reader Question With regards to your timing signal, I have a few questions. The US market is already had correction so to speak. The S&P is down about 60 points from last 10 days I think. How long does it take for this signal normally to come to fruition? My longs took a beating this [...]

NYSE Net Advancing Volume

Published on 2012-10-27 17:49:53

By Liz DeMera This NYSE Net Advancing Volume chart is plotted as a 30 Day Moving Average.  It is very useful in determining possible bottoming  conditions in the market. Usually we get a rally  from  this level, however, this chart is not indicative of a good market bottom or deeply oversold conditon in the market.  I’ve noticed  through history that [...]

Expect Near Term Buying Before Next Wave Down

Published on 2012-10-26 17:01:20

One aspect I forgot to point out in this video that is very important is that often times selling comes in three waves. In this chart you’ll see very clearly the three waves of selling that started mid-Sept and the fascinating part is each bottom had either a new/full moon associated with the bottom. Monday’s full [...]

Gold Cycle “Following The Script”

Published on 2012-10-25 18:29:04

By @tradepoly Again tonight yet another “following the script” report with regards to the Gold Cycle; it really has tracked our expectations well. Today Gold touched $1,698 and with that we witnessed a 14 day $100 decline. It helps with keeping expectations in line when you already expect a decline of this magnitude. With today’s [...]

Financial Astrology: Metals Under Accumulation

Published on 2012-10-25 08:32:29

By Karen Starich The recent pullback in silver is counter intuitive to the HUI and suggests something is not jiving with the paper price of silver.  There are currently very strong aspects with Jupiter (silver) and Saturn (gold and mining) to the U.S. chart that would suggest institutional investors acquiring large amounts of the precious [...]

Precious Metals Offering Buying Opportunity

Published on 2012-10-24 20:28:30

Back in September when this had it’s big run-up I suggested this would be a good buying opportunity when some of the overbought nature of the move worked itself off. Generally a strong move in the RSI (above 75+) will be followed by a correction back to the 40 level on the RSI and that [...]

Decidedly Bearish Action On Indexes

Published on 2012-10-23 20:43:40

Monster Trade of the Week

Published on 2012-10-23 08:26:44

The following is an excerpt from the Sept 23rd premium update by Karen Starich. There are two particular points of interest regarding time and price worth noting after Monster’s massive sell off today. At the time the update was release to subscribers MNST was trading between $54-$55 and we recommended a short near $58. The [...]

Game Plan For The Week

Published on 2012-10-22 15:08:59

By All About Trends You can’t go higher until you stop going down. That said, the first step to higher can sometimes be sideways. We’ve seen this numerous times at market lows and at market highs. In other words markets sometimes have to carve out lows or highs. We’ve seen them last 2 days and [...]

McClellan Index Slowly Heading Downward

Published on 2012-10-22 13:25:16

By Liz DeMera NYSE McClellan Summation Index is starting to show some weakness as it has made a lower high from February 2012, while the SPX has made a higher high.  I look at this for its direction and for now it’s beginning to point downward, the next few days to a week in the market will be critical [...]

Nasdaq Sentiment Suggest Further Declines

Published on 2012-10-21 00:16:50

By @tradepoly Corporate earnings are coming in very soft and the misses from many of the blue-chips and hot tech stocks is concerning. These come on the heels of lowered expectations; basically corporations are struggling to clear what is a “lowered bar”. I think this time around the market is beginning to respond to this [...]

Markets At Very Critical Juncture

Published on 2012-10-20 15:23:44

Recent market action reminds me of last April’s sell off, seen here. It’s possible we get one more run up to previous highs before the election and then we sell off. Or we could sell off more and then rebound once the election is over. It’s really how the bulls handle next week after being taken [...]

Why Dow’s 200 Point Loss Indicates A Bull Market

Published on 2012-10-19 14:47:01

By Chris Ebert Option Index Summary When the Dow falls 200 points in one day, as it did Friday, it might not seem like a bullish move. Yet, if one steps back and looks at the bigger picture, it becomes clear that such a sharp decline has probably not reduced the strong bullish emotions of [...]

Will Nasdaq Be A Drag On General Markets

Published on 2012-10-18 18:13:09

Markets Heading Towards Resistance

Published on 2012-10-17 13:02:24

By All About Trends As the indexes power higher towards resistance within the Yellow Brick Road we see a fair amount of names starting to trade to the beat of their own drum and put in some chart time. That’s a good thing. Some we see being content basing here, others we see like the [...]

We Need New Leadership For Continued Rally

Published on 2012-10-16 17:26:28

Lunar Cycle Strikes Again

Published on 2012-10-16 00:43:30

Today the general markets (DJIA / SPY) bounced exactly where they should. TheY did so on low volume as not to excite the bulls and to keep the bears convinced the market is going to tank. Maybe it will…but at least the bulls have one day to celebrate. Let’s see if we can build on [...]

Hain Celestial Group (HAIN) May Test $55

Published on 2012-10-15 16:07:18

By Chris Ebert Hain Celestial Group (HAIN) has a long history of surprising traders, and that includes the normally savvy group known as option traders. This becomes evident when one looks at the performance of one particular type of option trade known as a Long Straddle. Up until last week, Long Straddles on HAIN, opened [...]

Sunday Night Chartfest

Published on 2012-10-15 00:03:53

6 charts that should rise  based on the technicals if the markets don’t completely fall apart.

Long Term Top Or Will Earnings Save The Day?

Published on 2012-10-14 13:44:56

Remember those choose your own adventure books when you were young? If the Fed continues to pump up the economy and saves the day turn to page 33, but if earnings are well below estimates and investors fear the best days are behind them turn to page 77. That pretty much sums up my take [...]

Full Analysis on Platinum/Precious Metals

Published on 2012-10-13 17:02:25

I would be a buyer with slightly more weakness in this sector. Below I’ve indicated potential areas of support on the stocks I like in this sector. I believe this pullback will be swift and extremely volatile, and it will be bought quickly so you’ll have to be quick on the buy button. There is [...]

Bad Week For S&P Or Beginning Of The End

Published on 2012-10-12 21:00:21

By Chris Ebert Option Index Summary The S&P 500 has declined quite a bit over the past week, likely scaring off some of the bulls. Any time prices fall, there is a chance that it is the beginning of the end; every bear market begins with a sell-off. However, not every sell-off is the beginning [...]

Crude Remains Weak Despite Rally

Published on 2012-10-12 19:44:06

Oil/SPX chart remains weak during a week which saw crude bounce off the $88 level. It can’t reclaim the 34 ema and is overbought on the RSI (2) indicator. It’s already starting to roll over and I expect this commodity to fall further next week. The weekly below is a little more obscure as it’s [...]

Deer In Headlights Trading

Published on 2012-10-12 12:24:27

By All About Trends TESTING TESTING TESTING Not just levels but highly emotional folks nerves too. Not us though as its all about being on an even keel emotionally and trade size risk management which allows us to bend like a willow tree here. Yesterday we said: Don’t rule out a back to the scene [...]

Financial Astrology: JPM Earnings Report

Published on 2012-10-12 00:36:14

By Karen Starich JP Morgan’s earnings report tomorrow will most likely bring no new surprises, but should we beware of the profits?  I would not be overconfident about the banks here as there could be some reversal  or exposure of the banks accounting quirks and debt value adjustments on October 15th-17th.  Saturn has moved into [...]

COT Report Is Short Term Bearish For Gold

Published on 2012-10-11 08:52:20

By Financial Tap The Gold Cycle looks fairly easy to read; once you strip out any biases you may carry.  Quite simply, it’s screaming Investor Cycle top and warning of a significant decline.   Sure when viewed through the idea of endless printing and world crises’, one could easily suggest or envision much higher prices before [...]

Three Sectors That Have More Upside

Published on 2012-10-10 22:38:21

Sometimes when the markets seem to be a critical juncture I like to look over my sector charts to gauge whether there is hidden strength or weakness. What I found is that the majority of charts remain strong and are just working off an overbought condition over the last 2 weeks. Three sectors that have [...]

Bulls Need To Step Up Soon…

Published on 2012-10-09 19:07:38

…if this rally has any hopes of continuing. I still see enough positives to warrant a bounce and potentially another run at recent highs, however be smart and don’t over-leverage your accounts or the swings will be hard to deal with. Maybe one last gap down tomorrow before we head up.

Strong Emotional Resistance For GE at $23

Published on 2012-10-09 08:28:36

By Chris Ebert An analysis of option trades on General Electric (GE) shows two types of emotions are likely to be present among traders. GE stock has been trending upward for nearly a year. While recent performance has left traders strongly bullish, the quick pace of the uptrend has likely left many felling that a [...]

Financial Astrology: Happy Columbus Day!

Published on 2012-10-08 17:08:04

By Karen Starich America, who are we? Christopher Columbus discovered America by prophecy. In carry out his voyage to discover a New World Columbus wrote: “Neither reason nor mathematics nor maps were of any use to me.” Columbus’ life is clothed in mystery. The exact date or place of his birth is not known. Some claim [...]

Zentrader Sentiment Indicator Remains Bullish

Published on 2012-10-08 11:31:31

The waters fine…come on in. Over the weekend I was discussing the outlook for the general markets with Karen when I noticed Chris had just uploaded a new post about option sentiment and how it had a very bullish outlook going forward. Karen has a bullish outlook, as does my timing signal, and now with [...]

Overcoming The Time Factor In Options

Published on 2012-10-08 01:46:18

By All About Trends Let’s back up here a bit and talk about August because it’s important. First off, remember a stock can only do one of three things. Up Down and Sideways. Per the mechanics of reality we have no control over that. All we can do is put ourselves in a position to [...]

Option Indices Suggest New All-Time High S&P

Published on 2012-10-07 14:04:38

By Chris Ebert Option Index Summary A study of the performance of stock option trades exposes a market dominated by strongly bullish traders. It also shows that those traders are neither looking for a correction to the recent uptrend, nor a major breakout in either direction. It is the new news that will affect traders [...]

Can The Markets Rally Without Apple

Published on 2012-10-07 03:03:03

It’s a valid question because no one stock should really dictate the direction of the Nasdaq, even with a weighting as large as AAPL. Since we all have really short term memories it’s easy to say that the Nasdaq cannot go up without Apple, but when you view the monthly chart (last one) below, but [...]

Don’t Micro Manage Your Trades

Published on 2012-10-06 10:18:00

How To Buy Apple Stock For $30 Per Share

Published on 2012-10-05 09:42:35

By Chris Ebert For some traders Apple is underpriced yet too expensive to buy Apple (AAPL) has certainly been a great stock to own in 2012. Having begun the year trading near $400 a share, the price has risen some 65%, briefly topping $700 in September. At current prices, there are traders who simply cannot [...]

Index Charts Suggest New Highs Are Coming

Published on 2012-10-04 22:13:51

Since May 21, All About Trends has issued trade alerts on 54 stocks/ETFs. Only 9 of those trades have ended in losses, with total gains from all 54 trades totaling $20,062.65 if you had traded in tandem with us. And if you have a portfolio balance of $25,000 and trade the amount of shares outlined [...]

Markets Could Be Waiting On Jobs Data

Published on 2012-10-04 14:11:28

By All About Trends So was that it to the downside? Let’s initially look at the daily index charts for that first before we jump to any conclusions. Back out the financials and AAPL this morning and you see that for the most part we are just treading water. For you Jello fans it’s a [...]

Preserve and Protect Capital At All Costs

Published on 2012-10-04 07:24:43

By Financial Tap The following is a brief excerpt from the premium mid week update from the The Financial Tap, which  is dedicated to helping people learn to grow into successful investors. They offer a FREE 15-day trial where you can experience their proprietary cycle research, weekly updates, and real time alerts. A quick note on patience.  I know many [...]

CRX Consolidating Before Next Leg Up

Published on 2012-10-03 22:01:44

Simple chart tonight demonstrating that a move above the current downward sloping line will likely ignite a rally back to previous highs. This chart is doing everything right after breaking out from a diamond bottom pattern. Breakout, consolidation, rinse, repeat. Gold/SPX ratio chart appears very bullish.

Everything Is Choice

Published on 2012-10-03 08:36:27

Some of my favorite quotes from this short 3 minute video. “If you’re afraid to fall you fall because you’re afraid” “The adventure is not knowing what’s happening next” “Accept that you don’t have control of the future” “When you’re thinking into the future it prevents you from being in the now” “Confidence is gained [...]

Much Needed Correction For CRUS – Now What?

Published on 2012-10-02 16:43:16

By Chris Ebert An analysis of stock options reveals that traders of Cirrus Logic (CRUS) are likely to feel strongly bullish. The analysis also shows that the stock was way overdue for a correction. The recent decline from the $45 highs of early September should go a long way to satisfy those traders who felt [...]

Today Felt Like A Shake Out Day

Published on 2012-10-01 20:44:05

By @zentrader

Financial Astrology: State of the Markets Into 2013

Published on 2012-10-01 11:06:40

By Karen Starich It is very important to note here that we are most likely entering into a very big new growth cycle and potentially huge economic boom beginning in January 2013.  The signs of recovery will start to emerge before the end of the year, so now is the time to start planning your [...]

About That Dow Jones & Transports Divergence

Published on 2012-09-30 20:56:13

Reader question: How long can the divergence in the DJT vs DJIA last? The QE3 put aside, I’ve never seen the Dow hold up this long with the transports doing so poorly, and don’t see them doing anything else but going lower, while the DOW hangs in. Is it because of last 2 days of quarter window [...]

Earnings Season Provides Opportunity

Published on 2012-09-30 13:15:00

By All About Trends In a market that’s near support and in a confirmed uptrend, it’s all about buying calls in stocks that are also at support. We’ve done that by buying the November calls of  NUAN and VELT when they hit support and now will hold through their earnings reports in November. Coming up [...]

Does QE3 To Infinity = Next Leg Up?

Published on 2012-09-29 23:22:54

By Financial Tap The poor economic news keeps rolling in and I will make it a point in the monthly edition to go over the current macro-economic outlook for both the US and world economy.  For now, it was just further weakness with news of weak durable goods announcement, a revised lower GDP, and on [...]

Sector Analysis Reaffirms Market’s Internals

Published on 2012-09-29 11:19:30

Option Indices Paint Rosy S&P Picture

Published on 2012-09-28 20:00:51

By Chris Ebert Option Index Summary The intent of each option index is to provide a snapshot of the emotions of traders. It is these emotions that drive the markets over the long term, not the news; the news is merely a catalyst that feeds into market emotions that were already present. The performance of [...]

As A Man Thinketh

Published on 2012-09-28 12:45:47

Put another way, “A harmonious clear mind can rule anything” ~ Huna saying From “Springs of Indian Wisdom” Related Wisdom Positive Always Defeats The Negative Learn And Grow From Your Mistakes Seeing Adversity For What It Is

Conflicting Market Timing Signals

Published on 2012-09-27 21:22:53

My thoughts are a little all over the place in the video, but now is a time to be: Cautious when entering new positions Quick to take profits when you have them Smart by not over-leverage your portfolio Today’s looks all fine and well for the bulls but I’m not going to be sold until we have [...]

Time To Establish New Gold Positions

Published on 2012-09-27 09:55:11

The following is an excerpt from the premium mid week update from the The Financial Tap, which  is dedicated to helping people learn to grow into successful investors. They provide cycle research on a number of markets through weekly updates and the offer real time trade alerts to take advantage of market inefficiencies. They offer a FREE 15-day [...]

The Bull Is Alive and Kicking

Published on 2012-09-26 21:06:48

Best Way To Deal With Volatility

Published on 2012-09-26 12:34:39

The following is a question from a All About Trends subscriber in reaction to this morning’s sell-off. What are your moves for DDD, SSYS, INVN? Everything seems to be tanking? Take a look at the index charts in today’s newsletter, the yellow brick road is intact. Right now all we are doing is puling back to [...]

Expecting A Bounce Tomorrow

Published on 2012-09-25 23:36:56

We are oversold on the TICK and in an area where we can expect a bounce on the indexes (DOW  is below Tick). It doesn’t give an indication if the bounce will be meaningful, but in most cases below (and I realized I didn’t mark them all) the markets do bounce. I would watch for [...]

Insurance Stocks Are Yielding Big Returns

Published on 2012-09-25 09:38:28

The DJUSIP (Dow Jones US Property and Casualty Insurance sector has been on fire lately and after a brief pause I expect this sector to turn back up and extend it’s recent run up. According to the RSI it’s has displayed Superior strength and that is not to be ignored. It also means that before this sector [...]

CTB Options – More Selling Could Be Healthy

Published on 2012-09-24 22:18:04

By Chris Ebert An analysis of stock options reveals that traders of Cooper Tire (CTB) are likely to feel strongly bullish, and the recent pullback from the $23 level appears to be nothing more than a much needed correction. Further analysis indicates the current trading range of $20-$21 may not represent enough of a correction. [...]

QE3 Was A Blatant Misuse Of Power

Published on 2012-09-24 12:48:16

By Karen Starich Bernanke increased the money supply, as I predicted he would, except there is no secret to his vast 40 billion per month QE3. September 13th is truly a turning point and what has transpired with Bernanke’s decision, in my view, is a blatant misuse of power and could lead to his own [...]

Momentum Waning, But Bulls Still In Control

Published on 2012-09-23 21:38:30

Why Velti’s Contract Is So Significant

Published on 2012-09-23 12:41:41

By Mobile Guru Velti (VELT) provides marketing and advertising solutions to brands, media groups and mobile network operators. On Tuesday they announced a major contract win of $27M over the next two years with an unnamed client. While Velti already services much of the largest telecom companies such as AT&T (T), Orange, Vodafone (VOD), Telenor, [...]

Advantage Bears In The Crude Trade

Published on 2012-09-23 02:49:01

Last week I posted an article that I thought the “mini flash crash” in Oil was overblown, but given the continued weakness in this chart I am now short term bearish. All the charts in that post have also turned bearish, we’ve sliced through the bearish ascending wedge and we are now below key resistance [...]

Options Show Bull Market Continuation Likely

Published on 2012-09-22 14:55:44

By Chris Ebert Option Index Summary The intent of each option index is to provide a snapshot of the emotions of traders. It is these emotions that drive the markets over the long term, not the news; the news is merely a catalyst that feeds into market emotions that were already present. The performance of [...]

Financial Astrology: The Nikkei and The Yen

Published on 2012-09-21 12:14:01

By Karen Starich A potentially very strong bullish trend for the Nikkei and the Yen beginning October 19, 2012 Pluto, the planet that has direct ties to mining, wealth, and economics, moved direct on September 17th from a long retrograde since April of this year.  The effect has been a drag on the economy along with [...]

New Moon Top Holding…Barely

Published on 2012-09-20 23:32:27

A little chart potpourri tonight. 5 charts that stood out to me. 13653 is the high of the day on the New Moon last Friday. So far that top is holding but with a quiet consolidation during an options expiration week, the bulls may have a crack at that resistance tomorrow. Futures are mildly up as I [...]

Money Is Staying In The Markets

Published on 2012-09-20 13:48:47

By All About Trends – the following is an excerpt from the premium mid day report. Subscribers receive daily commentary, stock picks and a weekend wrap-up. Experience our accurate market analysis, trading methodology, and stock selection to elevate your equity curve with this limited time special offer.   Careful stock selection and sector rotation is the name of [...]

Three Prime Short Candidates

Published on 2012-09-20 01:05:19

There are plenty of reasons to be bullish right now, but it always pays to have a short side watchlist going. Here are three that I think are prime candidates on further general market strength, or when my timing signal turns bearish.  These stocks have reacted poorly each of their last earnings report and HPQ’s [...]

Investments For A Falling US Dollar

Published on 2012-09-19 20:18:53

Reader question: With all the QE that is happenning the US$ looks to be under pressure over the intermediate and long-term. I’m Canadian and with the US$ potentially dropping further I am trying to look for opportunities that aren’t denominated in US $, in Canada and also in Europe. I was wondering if you had [...]

Practical Wealth Management Guide

Published on 2012-09-19 15:08:07

By Sacha Boyea  Wealth management is an often confusing subject as many people have various opinions on what wealth management is, who it is for and why it is for them. Overall, wealth management is usually reserved for very high-net worth individuals – often multi-millionaires with over £10 million of assets and/or investments to be managed. [...]

Remain Bullish Until Negative Divergence Appears

Published on 2012-09-18 19:23:50

3D Systems Options Reveal Correction Underway

Published on 2012-09-18 06:09:17

By Chris Ebert Traders of 3D Systems (DDD) traders are likely to feel strongly bullish. The recent pullback from the $44 level may have satisfied some traders who believed the stock was overbought. For now, any pullback in DDD would appear to represent a buying opportunity, while any price below $34 would represent a loss [...]

Trader’s Reaction To Crude Seemed Overblown

Published on 2012-09-17 19:41:45

I haven’t been paying too much attention to crude lately, since it’s in a giant rising bearish wedge, but I couldn’t help but here about it on my twitter stream and at Stocktwits. I’m not sure what the big deal is when you consider we’ve rallied off of $75 in 2 months, touched $100, and [...]

Top 3 Nations w/ Gov’t Controlled Web Use

Published on 2012-09-17 11:50:59

This is downright scary. I think most believe the internet to be a tool for transparency, free information flow, and anonymity, but that’s not the case for all internet users. Here are some very sad and scary statistics on some of the not so free internet user nations of the world. Click below to see [...]

Charts To Watch For Monday

Published on 2012-09-16 20:25:48

Markets Setting Up For 5th Wave Buying Frenzy

Published on 2012-09-16 12:47:33

By All About Trends After last week one can’t help but to ask that question here. We all know we are overbought and the charts below show numerous reasons for an imminent pullback. But that’s not all bad you know either, doing so relieves some of the late to the party Greedy Gus froth. RSI in [...]

Trading Strong Sectors and Riding Momentum

Published on 2012-09-15 21:42:36

I strongly suggest checking out the sector posts at the end of this one, especially the investment and pharma sector posts, as they really illustrate the power of this trading strategy. It does require a little patience because the correction to get back to 40 could take awhile and some times never materializes, but generally [...]

Option Indices Say Bullishness Here To Stay

Published on 2012-09-14 16:26:36

By Chris Ebert Option Index Summary This week presents a perfect opportunity to review how the option indices can be especially useful to traders who may feel confused by recent market developments. The intent of each option index is to provide a snapshot of the emotions of traders. It is these emotions that drive the [...]

Hard To Be Bullish/Bearish In This Market

Published on 2012-09-14 05:18:45

What I mean is that sure the market rallied strongly today, but it sure does feel like we sold our soul to the Fed. The Dollar collapses, the Gold Bugs rejoice and most are left shaking their heads and saying “wha’ happen?”  Today’s move by the central bankers really has me feeling like the entire [...]

Unintended Consequences Abound

Published on 2012-09-13 19:46:32

Focus On Recent IPO’s For Fresh Breakouts

Published on 2012-09-13 13:32:57

By All About Trends The following is a small excerpt from today’s premium mid day update from All About Trends featuring 2 stock picks from their long side watch list. Subscribers receive daily commentary and a weekend wrap-up. Experience our accurate market analysis, trading methodology, and stock selection to raise your equity curve.  For a limited [...]

Financial Astrology: Monster (MNST) Update

Published on 2012-09-13 00:42:55

By Karen Starich This is a follow-up to my August 12th article where I described some of the transits to the IPO chart that I felt hinted to a further correction.  What prompted me to write the article was the similar technical pattern the stock had to the recent pullback with Starbucks (SBUX) that turned out to [...]

Lion Cubs Being Affectionate

Published on 2012-09-12 11:10:10

While we wait for the Fed fireworks as the markets are likely to settle down until we get some meaningful news. This is great stuff and if you go to his YouTube channel you can see the cubs as they get older and how they continue to show affection.

Market Timing Signal: Up

Published on 2012-09-11 20:30:10

I sent the following out to my free newsletter list near the close today: Today my market timing signal issued a buy signal from our current “sidelines” view on the general markets. It continues to be safe to buy stocks long or if you want to pick your favorite market ETF you could do that [...]

Market Outlook Remains Bullish

Published on 2012-09-10 23:08:30

What Does Downgrade Mean For MLNX

Published on 2012-09-10 08:39:30

There was a lot of chatter about this stock on the twitter stream and I wanted to give my thoughts on how I perceive Friday’s action but we need to go back a few months to really see what Friday’s downgrade means in the grand scheme of things. #1. Earnings pop, big move, indication that [...]

Investment Services Sector Displaying Strong RS

Published on 2012-09-09 23:19:20

In the past when a particular sector’s RSI on it’s daily chart goes over 80 it’s generally a sign that after a short pause it will continue going higher. There are a number of ways to determine what an acceptable pullback is to buy, but I like to use the RSI level of 40-45 as [...]

Stock Selection Is Very Key Right Now

Published on 2012-09-09 13:50:09

By All About Trends Friday We Said: “After a big day yesterday, the indexes are doing just what one wants to see today — consolidating yesterday’s gains at the highs in a tight range. This is normal and very constructive for further gains. Leading stocks are acting well too with most of them adding to [...]

Nice Technical Picture Plus an 8% Dividend

Published on 2012-09-09 01:42:15

I don’t normally look at a stock that would appeal to dividend investors with an 8% yield, but a reader asked my thoughts. Since I was doing the technical analysis I may as well share with all of you given how attractive it looked from a technical and fundamental perspective. After a very successful IPO [...]

Late Drop In US Dollar Investor Cycle

Published on 2012-09-08 14:34:38

The following is an excerpt from the premium weekend update from the The Financial Tap, which  is dedicated to helping people learn to grow into successful investors. They provide cycle research on a number of markets through weekly updates and the offer real time trade alerts to take advantage of market inefficiencies. Learn more about how The Financial Tap [...]

Mobile Leaders Trading At Deep Discount

Published on 2012-09-07 21:14:44

By Mobile Guru There have been a lot of articles written on the coming of age of mobile marketing but never before has there been an advertising platform that was so intimately part of the end users life. Access to potential customers virtually any time. any place makes mobile unlike any other marketing tool ever [...]

Market Timing Signal: Remove Short Hedges

Published on 2012-09-07 08:38:23

The following was sent to those on my free newsletter after the close on Thursday. If you would like to receive this in a timely manner you can sign up on the right or go to zentrader.net I really needed to see today’s close as we’re at extreme levels where if the market reversed off [...]

Option Indices Indicate Bull Market To Resume

Published on 2012-09-06 18:34:04

By Chris Ebert Option Index Summary The Covered Call/Naked Put Index (CCNPI) continued to reveal bullish emotions this week, while the Long Call/Married Put Index (LCMPI) is now showing strength behind those bullish emotions for the first time since May. The Long Straddle/Strangle Index (LSSI), which had been signaling that the market was due for [...]

Financial Astrology: Sept 13th Turning Point For America

Published on 2012-09-06 00:20:33

By Karen Starich America is on the cusp of yet another opportunity to change the outcome and reverse a potential ‘One World Order’ and financial reorganization on an international scale.  On September 13th Saturn will make an exact square to the Federal Reserve’s Neptune, a transit that is inharmonious and suggests bankruptcy and potentially a [...]

Bearish Topping Pattern In Bonds

Published on 2012-09-05 20:38:28

Head and shoulder topping pattern on bonds is still in play as far as I’m concerned. Look no further than the RSI and you see negative divergence when it made it’s last night in July and then new lows. This rally is probably close to being over as we form the right shoulder. Weekly view [...]

FDX Is Signalling A Stalling Economy

Published on 2012-09-05 09:28:20

FedEx Corp. (FDX) We started coverage on FDX with Astrology Traders on Aug 12th and we were looking for a bounce above $89. It overshot the mark by a few dollars and then it was straight down culminating with yesterday’s earnings news. We advised traders this weekend to begin booking partial profits on this stock [...]

Choppy Start To September Trading…

Published on 2012-09-04 18:21:56

…did we really expect anything less? In the video below I talk about whether my timing signal flipped, EURO, GOLD, and the VIX.

ASML Options Analysis – Buy On Pullback

Published on 2012-09-03 21:30:03

By Chris Ebert ASML traders are likely to not just feel bullish, but strongly bullish. However, an analysis of stock options reveals that those emotions are currently unjustified. The price of ASML shares is due for a correction. While the recent pullback from the $59 level may have satisfied some traders who believed the stock [...]

Positive Always Defeats The Negative

Published on 2012-09-03 12:39:25

Related quotes from completely unrelated sources. Often I read many books at the same time and it’s remarkable how the universe connects and intertwines concepts. “To follow the good principles and not let fear, greed and hope interfere with your trading is tough. You’re swimming upstream against human nature.” ~Richard Dennis “True and lasting happiness [...]

Friday’s Strength Is A Mirage In S&P

Published on 2012-09-02 15:12:10

By The Financial Tap I’m seeing underlying weakness in the equity charts and it’s evident by the markets inability to follow through.  Since setting marginal new intra-day highs, Equities have tapered off and are now riding below its 10dma, a sign that the Cycle is in decline.  This is a normal event when a Daily [...]

Herd Mentality At It’s Finest

Published on 2012-09-01 13:06:31

This has been out on Youtube for awhile now, so forgive me for posting it if many of you have seen it already, I just think it’s a great example of what the herd can do if they are focused and have a plan, and follow through. This may seem brutal at first, but trust me that [...]

Bernanke’s Words Cause Wild Gyrations

Published on 2012-08-31 13:29:21

By All About Trends From here on out the rest of the day volume drops off and things tend to slow down, aside from S&P downgrading Spain as we write this, but we’ve all already known that and it’s not anything new if you ask us. Just that it happened on a pre-holiday trade day [...]

Market Timing Signal: Down

Published on 2012-08-31 07:07:24

 Today we had an unexpected timing signal change to down. Now is the time to hedge your long positions by initiating shorts on your market etf of choice, or exit all longs completely if you aren’t a fan of shorting. I’m personally choosing to hedge for now as this is a difficult signal on a [...]

Option Indices Suggest Market Due For Breakout

Published on 2012-08-30 17:30:56

By Chris Ebert Option Index Summary The Covered Call/Naked Put Index (CCNPI) continued to reveal bullish emotions this week, while the Long Call/Married Put Index (LCMPI) continued to indicate weakness in the strength of that bullishness, as it has since May. More importantly, the Long Straddle/Strangle Index (LSSI) has again moved out of the “normal” [...]

Cycle of Investor Sentiment VS Market Cycle

Published on 2012-08-30 08:27:46

Trustable Gold

Pharma Stocks Remain Strong…

Published on 2012-08-29 14:41:58

…and I would be a buyer on a pullback on the daily RSI 40 level. This has been a very strong sector and the 2 stocks I like the best to buy are ABT and JNJ. They’ve mirrored the benchmark Pharma Index quite closely and I believe they will do well over the coming weeks [...]

Karen Starich / Jeff Pierce Unplugged

Published on 2012-08-28 22:15:20

Tonight Karen and I were on Satellite Radio Playground’s Blog Talk Radio show and it was a blast. I started the show off talking about my outlook on the markets, SIRI’s stock price, and a stock pick that I believe will outperform in the short term. Karen followed with  a fabulous interview that ranged from [...]

Commodities Index Building Strong Foundation

Published on 2012-08-28 13:06:23

CRX is taking it’s time forming a bottom and it’s starting to really look like it’s laying a strong foundation of support. That should allow it to bounce off that $790-800 level and springboard higher in the fall. Watch the RSI trendline as it shouldn’t break that support and I would really want to see [...]

Pfizer Stock Options Pointing To Another Rally

Published on 2012-08-27 22:33:43

By Chris Ebert Pfizer Inc. (PFE) stock has been on a roll over the past two years, with the share price currently up 50% since August 2010. A purely technical analysis indicates that the stock may again be getting ready to rally once the recent minor pullback is complete. An alternative method for analyzing stocks [...]

The Power Of Social Media

Published on 2012-08-27 14:00:56

Love em’ or hate em’ but their sheer reach on the internet is huge in terms of marketing dollars. infographic below.

Timing Signal Issued “Add to Longs” On Friday

Published on 2012-08-26 21:38:05

As mentioned in the video if you’d like to be added to my free newsletter to be notified of any changes that happen in real time to my market timing signal you can do so by entering your name and email to the right or visit zentrader.net and sign up there. I have plans in the future [...]

Follow The Yellow Brick Road To Profits

Published on 2012-08-26 12:34:19

By All About Trends It’s really all we need to know. Ask Dorthy she knows. Here is what we are talking about. As long as we stay within the yellow lines all is well. Keep in mind that there is a range between trend channel resistance and trend channel support. As far as the indexes are [...]

Ratio Chart Looks Bullish For Gold

Published on 2012-08-25 18:39:28

This is sort of a follow up to Karen’s article a few days ago highlighting gold and silver as a sector that you’ll want to pay attention to in the coming weeks. Here is a ratio chart of the Gold:USD. If you are unfamiliar with what a ratio chart is here is Stockcharts definition: “You [...]

Financial Astrology: Brewing Profits With Starbucks

Published on 2012-08-24 23:45:56

By Karen Starich I have to admit I am hooked on cappuccino.  So much so that I bought my own cappuccino machine (from Starbucks of course), not content to have to get in my car to drive to my local coffee shop.  I have other reasons too since I am very particular about using organic [...]

Labor Day Contest Sponsored By All About Trends

Published on 2012-08-24 12:59:27

Between now and Labor Day All About Trends wants to make it easier for you to do your trading research by giving away an Amazon Kindle DX along with a $50 credit so you can buy that trading book you’ve had your eye on. Get digital and increase your trading knowledge with All About Trends [...]

Pullback In CORN Would Be Healthy

Published on 2012-08-24 08:25:36

CORN could be set to finally sell off but recent strength suggests the pullback will be swift. The strength of the RSI is key and this should still head down near 40, so you can use that as a point of reference/secondary indicator when watching the levels I indicated as a buy. If it has [...]

Financial Astrology: Gold and Silver

Published on 2012-08-23 21:43:26

By Karen Starich The recent rally with gold and silver sort of crept up on many traders who were waiting for the Fed to announce the start of QE3. The rally started the first week of August with or without (?) more QE.  The question mark reflects my personal opinion that more QE is flowing [...]

Next Wave Of Selling In MNST

Published on 2012-08-23 14:39:24

After last weeks collapse MNST has rallied off the lows to fill the gap and I would say that’s about all it’s got left on the upside. The market is in a precarious situation that stocks with fundamental issues will be the first to get sold by traders. Lots of selling pressure on down days [...]

Preserve Trading & Mental Capital At All Costs

Published on 2012-08-22 14:43:21

By All About Trends As far as the daily indexes are concerned we have two questions in the coming days that the market will answer for us here and they are: 1.  Do we enter into chop fest mode like the blue circles here? (our biggest concern about the short side). OR 2.  Do we [...]

Oil Is Looking Top-Heavy

Published on 2012-08-22 07:12:06

First Test Of 2012 Highs Is Failure

Published on 2012-08-21 18:52:07

This chart didn’t make it onto the video below but what I wanted to point out is we could fall to 1391 on SPX and remain above the previous level of support. If you’re fearful of a market decline then you’re likely over-leveraged and should have used today’s strength to lighten up on the long side. We’ll [...]

Multiutilities At Channel Support

Published on 2012-08-21 10:17:00

Back in July I noticed the strength in this sector and thought it would be a buy on a decent pullback. I believe that pullback is here and a couple stocks I like in this sector are DUK and AEE. Watch the RSI 40 level to provide support. It could dip down a few points below [...]

Financial Astrology: Bond Market

Published on 2012-08-20 20:35:40

By Karen Starich During the webinar last week we discussed the recent bullish move for TBT and advised a long position near $15.95 .  We could see another significant move up for TBT on August 24th.  We could also see a pullback on the dates I mentioned above (9/11-9/14), so I advise scaling in with [...]

Inverse Relationship Of Dollar & SPX

Published on 2012-08-20 08:25:58

The Dollar and SPX have had an inverse relationship lately so if you can determine where the Dollar is heading it can help determine where turning points in the general markets could be. Note the positive divergence of UUP as it failed to make new lows when the SPX made new highs. $USD in a [...]

Market Rally Should Continue

Published on 2012-08-19 20:30:30

I mentioned that I was going to make a 2nd video tonight but I think I’ll add the charts in another post that I hope to post before the market opens tomorrow. Get ready for some low volume trading for the next two weeks.

Initial Resistance Levels Tagged

Published on 2012-08-19 12:12:55

By All About Trends Friday we said: “Trend channel support is 40 to 60 points lower on the S&P 500 so we could easily come down there and bounce right back up. Keep in mind tops are a process,not an exact. Look at the market top of March 2012. It chewed around there for about 2-3 [...]

Option Indices Update – August 18

Published on 2012-08-18 10:38:52

By Chris Ebert Option Index Summary Despite the market nearing highs of the year this week, an analysis of stock options indicates that there is very little strength behind the recent uptrend. The Covered Call/Naked Put Index (CCNPI) continued to reveal bullish emotions this week, while the Long Call/Married Put Index (LCMPI) shows that traders [...]

New Moon Top?

Published on 2012-08-17 18:55:00

I don’t actually think we’re anywhere near a top with how bullish stocks are behaving, but it sure does look convenient being at significant resistance. Add in the fact the last 2 new moons have marked a short term top in the market and one really has an argument here but when stocks are going up there’s no good [...]

Learn And Grow From Your Mistakes

Published on 2012-08-17 10:51:22

From “Springs of Indian Wisdom”

Strong Charts In Focus

Published on 2012-08-16 23:33:01

I like this as a pullback play in BMRN at these levels. It’s nearing a support range where it’s bounced at during 2012 and I see no reason to think it’s not going to bounce again. Earnings weren’t positively received, but it didn’t cause the stock to tank either. I think the pullback over July/Aug [...]

August Meltup Continues

Published on 2012-08-16 13:22:20

This low volume grind can continue longer than you think is possible. Using the VIX chart below you can see it’s at extremely low levels, but just having a low reading isn’t enough to give you the green light to short the markets. If you want to play it safe, wait for the VIX to [...]

Financial Astrology: Dow Transports

Published on 2012-08-15 13:04:49

By Karen Starich The sector that is perhaps the red flag for the economy is the transportation sector which is currently lagging the S&P.  Pluto is still retrograde and in my view creating an undertow in the economy that is slowly dragging the economy backwards.   Looking at the astrology for key stocks in the [...]

Sectors Worth Watching

Published on 2012-08-14 14:30:10

The Integrated Oil & Gas Index is about to enter strong resistance area so be quick to take some off if you are invested in any of the following. Stocks such as  CVX XOM COP HES TOT BP SU MRO STO make up this index as you can see the rising bearish wedge combined with [...]

Market Timing Signal: Up

Published on 2012-08-14 01:28:03

Summer Battle Royal In one corner we have extremely low sentiment readings on the VIX and lower volume on a market incline vs a bullish seasonality period and price action that is hard to argue with. The best advice I can give is trade smal, but focus on long trading opportunities until the price action [...]

Altria Options – Not Yet Ready To Quit

Published on 2012-08-13 18:14:20

By Chris Ebert One of the more difficult aspects of trading is choosing when to sell a stock. It can be extremely frustrating to sell a stock for a 10% profit only to later watch it gain another 20%. While there are many technical tools available that may help a trader determine when a stock [...]

Brick Wall Resistance Levels Approaching

Published on 2012-08-13 08:25:37

By All About Trends Off the June lows the trend has been one of up hard and fast a few days in “Don’t Blink” fashion followed by down hard and fast for a few days. That’s been the trend. But last week the trend has deviated for the first time in this trend off the June [...]

Financial Astrology: Monster Beverage Corp

Published on 2012-08-12 23:00:22

By Karen Starich Monster Beverage (MNST), the popular energy drink, has far outpaced the S&P since January 2010 where it began trading near $20 to it’s recent highs in June near $78.  The company was also added to the S&P 500 in June replacing Sara Lee.  The positive run changed last week when the stock [...]

Troubling Market Internals On Nasdaq

Published on 2012-08-12 13:47:22

I wanted to point out a trend in market internals that really needs to firm up if the bull market wants to have legs beyond a month or two. The first chart is from Aug 2010 – July 2011 and it shows how the Percentage of Nasdaq stocks above their 200 moving average lead the [...]

Gold’s Inability To Lead Is A Concern

Published on 2012-08-11 21:13:19

By The Financial Tap I’ve come to respect Poly’s cycle work on the markets he covers and since gold has been a hot topic as of late, I felt this was relevant. He’s been generous to allow me to reprint a small portion of his premium newsletter on zentrader to allow others to be introduced [...]

Option Indices Update – August 11

Published on 2012-08-11 11:13:14

By Chris Ebert Option Index Summary The option indices are currently indicating the presence of a strengthening bull market. The Covered Call/Naked Put Index (CCNPI) reveals a slight increase in bullish emotions this week, while the Long Call/Married Put Index (LCMPI) shows that trader’s bullish convictions are likely still weak, but are beginning to strengthen. [...]

Consolidation At Highs = Continuation

Published on 2012-08-11 02:09:32

As I was watching the markets today I felt like they need to correct before they could sustain another move up, but now I’m not so sure. The markets are funny that way because during market hours it’s easy to have an idea about what they should be doing and then once the market closes [...]

Seeing Adversity For What It Is

Published on 2012-08-10 11:40:45

I found this pocket size book called “Springs of Indian Wisdom” that is absolutely beautiful and will be sharing some of the pages as reminders of what we already know but sometimes forget. Every trading loss is another opportunity to grow and essential to the cycle we all participate in. ~Bhartrhari

Financial Astrology: Corn’s “New Year” Is Near

Published on 2012-08-09 20:26:23

By Karen Starich Tomorrow is a critical day for CORN when the USDA releases it’s corn report.  Traders are expecting the USDA to cut the average US corn yield to 127 bushels/acre leaving production near 11 billion bushels.  With this Summer’s dry hot weather the prices of corn have been on a tear.  The Teucrium [...]

Apple Dividend Is Options Nightmare

Published on 2012-08-09 06:13:27

By Chris Ebert Option pricing can be difficult to understand under ordinary circumstances. But the addition of dividends throws an additional wrench into the calculation process; a wrench that is likely to surprise some option holders when Apple (AAPL) goes ex-dividend on August 9th. The reason that dividends are a nuisance for option traders is [...]

Downside Targets For Gold And Silver

Published on 2012-08-08 20:03:40

Gold and Silver feel like they’ve been consolidating for awhile now and are getting ready to make a move and my bet is that it’s going to be down. Silver has been the weaker of the pair, barely off it’s recent lows, and gold is in a wedge pattern but you have to give a [...]

Hurry Up And Wait Market

Published on 2012-08-08 12:07:14

By All About Trends One look at the indexes here show us that we could be starting to back and fill at the highs here. If that is indeed the action we are seeing from the recent four day vertical assault, then this is consolidation at the highs before we make another launch higher to [...]

Pause Day Would Be Healthy

Published on 2012-08-07 21:26:33

Corn & Wheat Remain Very Strong

Published on 2012-08-07 11:09:10

In a market that hasn’t been kind to trend traders, corn and wheat are two commodities that are in very strong uptrends and should continue to be monitored for a pullback entry. They are still overbought but I’ve outlined the areas below where I may start to get interested . The RSI has been very [...]

Multi-Month High On Nasdaq

Published on 2012-08-06 13:07:38

Today is an important confirmation for the markets as the Nasdaq joins the Dow in making multi-month highs. All signals are green on my timing signal and I’ll be watching for a pullback entry over the next couple of days. Today’s close will be very important. If we close at or near highs that will [...]

How To Succeed In A Recession

Published on 2012-08-06 00:47:40

Recession is never a good thing for businesses. But while growth during a recession is unlikely, there’s no reason why business owners can’t strengthen their companies and emerge strongly once the worst is over. Here are four tips, from The Gap Partnership, on how to push forward during a recession and come out on top. [...]

New Rules Of HFT Trading

Published on 2012-08-05 02:20:10

Eric Hunsader of Nanex on HFT and Knight Capital—How this Affects the Individual Investor Here are the new rules of trading in light of the KCG debacle and many others: If you use a market orders you are asking to get the absolute worst fill. Don’t use stop orders due to the volatility among individual [...]

Option Indices Update – August 4

Published on 2012-08-04 13:12:06

By Chris Ebert Option Index Summary The option indices are currently indicating the presence of a weak bull market. The Covered Call/Naked Put Index (CCNPI) reveals a slight increase in bullish emotions this week, while the Long Call/Married Put Index (LCMPI) shows that traders are likely to remain weak in their bullish convictions. The Long [...]

Chart of the Day – Nasdaq

Published on 2012-08-03 22:25:52

Gap City – How many gaps do you count? I’m a fan of the Nasdaq as I believe technology leads everything and while this hasn’t taken out July’s highs yet I have one foot in the bull camp. We must see some follow through to today’s buying if this scenario is going to play out. [...]

Market Rally Could Continue

Published on 2012-08-03 15:02:49

Bonds could fall further and correct down to $119-120 level, which may add enough juice to the general markets to push them to or even past 2012 highs. Generally when TLT pulls back the general markets have rallied. My timing signal hasn’t switched to a full on buy right now, but it’s leaning to the [...]

What A Monster Chart

Published on 2012-08-03 02:19:34

That weekly chart of Monster Beverage intrigues me as it’s in a major uptrend and could be presenting a buy opportunity this week, but there are some concerns.  What I like about it is the RSI was extremely overbought, meaning investor were really buying this stock and given that it’s not broken through any major [...]

Wash, Rinse, Repeat Trading Action

Published on 2012-08-02 15:00:03

By All About Trends Anybody as for a side order of Mario Bros. as in Mario Draghi of the ECB (European Central Bank)? We got the Fed out of the way and we even got one of the Mario Brothers out of the way. However, true to Eurocrat form he took back everything he basically [...]

Financial Astrology: Citi Unraveling Aug 2nd-3rd?

Published on 2012-08-02 06:03:50

By Karen Starich There have been recent accusations that Citi Group (C) could be the worst offender in the Libor rate fixing scandal, and based on some rare aspects to the IPO chart there could be a lawsuit, or new charges, against the bank from states or local governments in August.  Many local state, municipal, [...]

Starbucks Options Still Cooling Off

Published on 2012-08-01 17:26:14

By Chris Ebert Stock options are not only useful tools for managing the risk of a trade; they can also be analyzed in ways that can help determine the appropriate times to place a trade. This week’s focus is on Starbucks (SBUX) options. How it works The theory goes like this: If it is not [...]

Quiet Consolidation Before Fed

Published on 2012-07-31 21:45:18

After last weeks fireworks the market has started off the week consolidating those gains and drifting back to support. That is a good thing for the market going forward and if we can get through tomorrow’s Fed meeting without any bad news/perceived bad news then there’s a good chance we’re going back to April/May highs. [...]

Apps: Programmed for Consumption

Published on 2012-07-30 17:46:25

By 2013, there will be more smartphones than human beings in the world. Below is an infographics of the mobile communications and apps industry. The chart directly below tells you who the alpha dog is (AAPL) and who the laggards are (FB RIMM), with MSFT and GOOG smack dab in the middle. The candlestick chart [...]

Stockcharts Voyeur Can Give You Chart Ideas

Published on 2012-07-30 15:46:41

Stockcharts offers this cool feature where you can literally see which charts members are using right now. It refreshes every 15 seconds and you can see how other members use their indicators and structure their charts and it’s a great way to get ideas on how to look at charts in a new way. There [...]

Market Timing Signal: Sidelines

Published on 2012-07-30 00:11:34

Resistance Is Futile

Published on 2012-07-29 14:19:30

By All About Trends For you Trekkies you’ll understand that reference. And that’s what we are looking at right in here — A whole lotta shaking errr resistance going on. In multiple forms we might add. Caution on the long side IS advised. Quick question for you all. What if these two indexes above bust [...]

Not Exactly Screaming Bullish…

Published on 2012-07-29 00:52:03

For those complaining that this has been a difficult market to trade (and I’m in that group so don’t be offended…) hindsight provides a remarkable view of a market that has been extremely predictable. We seem to be at that juncture where the NYMO, trendline on price chart, and RSI all seem to be at [...]

Option Indices Now Offer Expanded 2-Year View

Published on 2012-07-27 23:35:34

By Chris Ebert Beginning today, the graphs for each of the 3 option indices have been expanded to show past performance going back a full 2 years. The change was made in an effort to allow traders a more comprehensive view of how each index can be used to detect the emotions of traders in [...]

Points Of Price Instability

Published on 2012-07-27 14:30:50

Today is a classic example of Fed manipulation over exuberance by one side that more often than not leads to a point of price instability. This concept is explained in Michael Covel’s book “Complete Turtle Trader” as: “one side or the other will win the battle of psychological warfare, exhausted side will give up. At these points [...]

Market Timing Signal: Down

Published on 2012-07-27 00:30:48

In the following video I’ll provide the rationale behind my timing signal turning down with a potential stop loss area to exit the trade should we go up much further. I won’t know if the actual signal will turn, but I feel this area is a reasonable area that should the market rise to it [...]

Financial Astrology: Repeat Of Last August?

Published on 2012-07-26 11:32:33

By Karen Starich Today’s move in the markets comes on news that Draghi is willing to do what is necessary. The question for Draghi should be “what the heck does that mean?” Truly we are on the cusp of a karmic reconciliation in financial sector. Saturn is the “the keeper of the records” and has [...]

ARG’s Weakness Is Buying Opportunity

Published on 2012-07-26 00:17:35

ARG released earnings today and investors didn’t respond well, but I believe this to not be as bad as it may look at first glance. Today’s sell off didn’t violate any key support areas and the RSI remains in bullish territory as it oscillates between 80-40. Below is a weekly chart and volume appears to [...]

Pharma Stocks As A Defensive Play

Published on 2012-07-25 13:30:27

One standout sector that I’m watching for a pullback is the Pharmaceuticals Index. It’s safe, a defensive play, and both of the stocks below pay a dividend. The RSI on DJUSPR has been very bullish (over 70) and what I’m watching for is a pullback near the 40 level to add the 2  stocks below to [...]

VIX Forecasting Major Sell-Off

Published on 2012-07-24 21:40:55

Apple Could Shift Market Momentum

Published on 2012-07-24 12:10:37

By All About Trends As far as the indexes go everything stems from AAPL’s after hours move. That will tell us if the blue support lines hold or not. If the powers that be want to keep the market from falling apart then this is the name to do it with. IF not and the [...]

EW – Strong Chart, Earnings Tomorrow

Published on 2012-07-24 00:12:26

This is an interesting chart because on one hand everything is bullish about it – a picture of perfection from a trend and momentum perspective. base on base previous earnings winner nice price/volume, although not shown on chart consolidating at/near highs And on the other hand the are releasing earnings after the bell tomorrow and [...]

Volatility Held In Check By Afternoon Buying

Published on 2012-07-23 16:18:30

When the One/Volatility Index breaks below 50ema and the VIX breaks above resistance indicated below the bears will be dancing in the streets. Today was close to being a turning point, but it’s not quite there yet.

Solid Earnings Boost Mobile’s Outlook

Published on 2012-07-23 01:55:13

By Mobile Guru Google (GOOG) reported solid earnings on Thursday with revenues increasing 35% year over year and 15% from the first quarter ended March 31st. These numbers also included for the first time Google’s $12.5B acquisition of Motorola Mobility which was purchased primarily for its intellectual property. From the earnings call transcript, one very [...]

Prognosis: Dollar Up, Euro Down

Published on 2012-07-22 16:40:58

Recently I’ve been of the opinion that the US Dollar is topping, but after doing some chart work on the Dollar and FXE this weekend, I believe there is more upside left in the resilient US currency and more weakness in the Euro. This would almost certainly influence the general markets in a bearish way, [...]

Options Show Market Ready To Shift Gears

Published on 2012-07-21 12:27:03

By Chris Ebert A graphical representation of these option index updates may be found here. Option Index Summary The Covered Call/Naked Put Index (CCNPI) continues to indicate bullish sentiment while the Long Call/Married Put Index (LCMPI) shows little if any bullish strength. The general trend over the past several months has been one of decreasing [...]

Financial Scandals Setting Scary Precedence

Published on 2012-07-21 01:43:31

Madoff, MF Global, PFG Best, _______? There is a disturbing trend unfolding right in front of us and while I’m sure many of feel helpless to do anything that is exactly the reason that something needs to be done. It’s the separation of your money from segregated accounts that are supposed to be regulated. It’s [...]

Revisiting Corn’s Vertical Chart

Published on 2012-07-20 10:41:03

Since I last spoke about Corn I believe it’s gone up another $3-4 and it’s approaching some hefty resistance as seen on the chart below. Commodities are known for violent swings as Wheat is experiencing a parabolic move as well due to weather conditions throughout the States. After a move like this where would one [...]

Sell Ebay On Earnings News

Published on 2012-07-19 20:45:00

Financial Astrology and technical analysis when combined can be a powerful combination. Karen and I collaborated on this trade and she wrote about Ebay 10 days ago and recommended adding shares to your portfolio. I had this on my personal watchlist since last earnings report and really liked how it held up during the last [...]

Mercury Retrograde through August 8th

Published on 2012-07-19 11:07:37

By Karen Starich A quick reminder here about Mercury retrograde now through August 8th.  Mercury went retrograde over the weekend and over the last few days I am hearing from clients and friends who are experiencing some of the debilitating effects Mercury retrogrades can bring.  There is a very particular characteristic that can be experienced [...]

Markets On Borrowed Time

Published on 2012-07-18 17:10:26

Things I like about FIRE chart: breakout of lengthy base with volume support of RSI 40 held low volume on pullbacks relative to volume on rise catalyst for breakout was earnings chart has remained above breakout candle

Sectors To Keep An Eye On

Published on 2012-07-17 14:17:39

Getting back into the groove of things I wanted to take a look at all the major sectors I monitor on a weekly basis and these 4 stood out for one reason or another that I wanted to draw your attention to for potential trade ideas over the next couple of weeks as they set [...]

Inspiration To Get Moving

Published on 2012-07-16 10:37:35

Extremely inspirational story about Arthur’s transformation. Every time I watch this feelings of gratitude arise for what I have and sometimes fail to realize. I’ve recently started running and I would say this is the most positive my body has responded – no aches/joint pain, asthma in check, and it’s not seeming like a chore as much [...]

Patience Is Key In Volatile Markets

Published on 2012-07-15 13:26:03

By All About Trends Friday we said: “Short term we’re overbought, that means no bus chasing with regards to taking on any new long positions here till we can see if we digest the gains in a Pullback Off Highs (POH) form. If we see that and we take off  then we may very well [...]

Option Indices Update – July 14

Published on 2012-07-14 20:09:14

By Chris Ebert Option Index Summary Not much has changed since last week. The outcome of some option trades suggests that there is still a good amount of bullishness among traders, although other trades are signaling that there is very little strength behind their bullish conviction. Although these option indices are often helpful for traders [...]

Financial Astrology: Art Cashin Goes Lunar

Published on 2012-07-14 09:23:39

By Karen Starich I had several subscribers emailing me today about comments Art Cashin made on CNBC this morning. Apparently the buz on the floor today was “The Moon did it!” referring to the big rally and reversal in the markets. Jeff and I both thought it was very odd, since when did Art Cashin [...]

Unimpressive Volume On Today’s Rally

Published on 2012-07-13 23:15:25

Now that’s a keeper.

Right & Wrong Way To Approach Market Timing

Published on 2012-07-13 13:29:39

I received an email today that nearly made me retire my timing signal. You know, the one that is free of charge on zentrader. What can you do when somebody makes such an astute observation about your work that so accurately describes the results, but retire. Well no offense, but it looks like your market [...]

Low Risk Options For Playing With FIRE

Published on 2012-07-12 20:12:34

By Chris Ebert Many stock traders avoid the options market because of a perception that option trading is gambling. While it is true that every option trade may be considered to be a bet, a properly placed option trade can often reduce a trader’s risk rather than increase it. Another use for covered calls One [...]

Volatility Remains Somewhat Bullish

Published on 2012-07-12 11:24:14

I discovered this chart through a unique feature that Stockcharts offers called “Voyeur”. I think it does a good job of showing you at a glance whether the markets are bullish/bearish from a volatility perspective. Essentially every 15 seconds it shows you another chart that a member just looked at, complete with annotations. It’s a [...]

Market Timing Change: Sidelines

Published on 2012-07-11 22:07:17

A Possible Double Top In UUP

Published on 2012-07-10 12:35:49

As bullish as traders have become on the dollar lately I have a hard time seeing new 2012 highs coming anytime soon. Note the negative divergence on RSI. The more likely scenario is that the Dollar has formed a short term top, which may allow the general markets rally to continue for a little while [...]

Q&A: Trading Styles, Timing Signals, and AAPL

Published on 2012-07-09 20:12:19

One reader asked the following questions and comments and the following video addresses them the best way I can in 5 minutes…. When you look at $COMPQ, do you actually see noticeable differences vs other charts such as SP500 and the Dow? If so, I really need to pay more attention. What do you think [...]

Financial Astrology: EBAY Ready to Blast Off?

Published on 2012-07-09 12:24:34

By Karen Starich I like this company for various reasons but primarily for the platform the company has built, after the acquisition of Paypal in 2002, to enable enthusiastic individuals and small businesses the opportunity to use their powerful online platform to engage in commerce nationally or internationally with no more than an email address.  In [...]

Multiple Elliot Wave Possibilities

Published on 2012-07-08 21:17:26

By All About Trends When we look at the indexes, we have two counts — a bull count and a bear count and both are equally valid. The BULL counts are highlighted in BLUE The BEAR counts are highlighted in RED   Keep in mind that a true breakdown does not occur till we break [...]

KOF Is About To Start A Mini Correction

Published on 2012-07-08 13:21:57

I want to revisit the stock Coca Cola Femsa (KOF) since it was first profiled on June 5th on zentrader. It’s been on a bullish tear which is no small feat in this market, but I think the cracks are starting to show and it’s time for a corrective period to shake off some of [...]

Gold, Dollar, And The Forex Market

Published on 2012-07-08 02:15:16

Guest post by Sara Mackey In trying to understand how gold affects the forex (foreign exchange, for more information on forex, click here.) market, as well as the relationship between gold and the U.S. dollar, it’s necessary to explore how the dollar came to be so badly inflated. In the most simplistic terms, however, gold [...]

Market Timing Signal: Up

Published on 2012-07-07 14:48:08

This is the first buy signal my timing signal has generated since late December. Since then it’s either been on a sell signal or on the sidelines. There’s no doubt that it’s a little bit of a risky trade here with all the macro news that is surrounding the markets, but I take all my signals. [...]

Summer Doldrums Evident In Option Indices

Published on 2012-07-06 19:12:25

By Chris Ebert Option Index Summary Over the past several months, the three major option indices have been updated here each week in order to give readers insight into the market’s emotions. These indices are provided as additional tools for traders to gain a better understanding of how the market is likely to react to [...]

Corn Rising On Drought Concerns

Published on 2012-07-06 12:30:19

By Karen Starich There are some very significant transits that could be a warning of more severe drought conditions that could seriously effect the corn crops and bring much higher prices.  In my April 29th update I illustrated the rare phenomenon of Venus crossing the Northern hemisphere of the Sun.  This type of occurrence, called [...]

Can You Really Profit from Stocks and Shares?

Published on 2012-07-06 01:16:24

By Cantor Capital For anyone seeking to increase their overall income, there is a number of options at your disposal today. However, some of the more conventional means remain among the best and undoubtedly, one of these options is investing in stocks and shares. Here, you would buy a portion of a particular company and [...]

BNNY Back To Previous Highs…Now What?

Published on 2012-07-05 19:26:24

As a follow up to Dave Ambrose’s article on BNNY I wanted to do an update on the chart as it’s hit my original price target, which happened to be all time highs. These levels often act as a magnet and for that reason the easy money has been made on this chart for now. Consider taking [...]

Financial Astrology: Gold and Silver Update

Published on 2012-07-05 08:31:02

By Karen Starich On August 1st last year I wrote in an article titled “Gold Breakout Is Here“ illustrating a Saturn transit to the chart of the Federal Reserve that had the potential to propel the metal to a new high of $1650.  I also described how gold would continue to move higher within days.  Gold broke [...]

Thoughts on Timing Signal, Silver, & Gold

Published on 2012-07-05 02:40:10

If the general markets are going to have a bullish bias over the next 2-4 weeks then I suspect we’re going to get a shakeout over the next week to really test the bull’s convictions.

Vacation Options Are In The Money

Published on 2012-07-04 15:34:44

By Chris Ebert It isn’t easy for a trader to take a vacation. To do so involves intentionally ignoring the market for an extended period of time, although ignoring the market while holding open positions is often stressful. Sure, a stop loss order can be used to minimize the risk of any huge drawdowns while [...]

Look At The Volatility In The Markets

Published on 2012-07-04 01:23:01

If there’s one thing about the market that is bothering me is how bullish everyone is (including myself). Seems like everything feels the risk on trade is off and it’s back to business as usual on the markets.  And when I say back to business I mean 3 steps up 1 step down as the [...]

Pre-Holiday Drift In An Overbought Market

Published on 2012-07-03 13:09:48

By All About Trends I wanted to alert you to a price increase for All About Trends found exclusively on zentrader at a 50% discount. As of July 4th, the price will be increased and now is the time to lock in this low rate.  For their trade ideas, accuracy, and market views they provide, you can’t beat the [...]

Bullish Setups Abound Have Shifted My Bias

Published on 2012-07-02 19:50:17

Today solidifies my bullish bias on the markets. My timing signal hasn’t officially gave a buy signal on the markets, but its close enough that I’ll be seeking out bullish setups and avoiding the bearish ones until there is some sort of shock event that unnerves the bulls enough and causes them to run for [...]

Down The Rabbit Hole w/ Billy Corgan

Published on 2012-07-02 08:35:03

Wow. Who new Billy Corgan is so awake and aware of what is going on in the world. I grew up listening to the Smashing Pumpkins and it’s refreshing to hear his educated take on a number of important issues that are in line with my beliefs. “We Want A Bunch Of Independent Thinkers” ~Billy [...]

Market May Surprise To Upside

Published on 2012-07-01 14:26:07

My analysis suggests that how the markets responds to Friday’s rally early in this week will go a long way to determining the short term trend of the markets. In the video below I show I use the VIX in my trading to determine short term turning points. Related Post by Jeff Pierce: Market Timing [...]

News You Can Use In Your Trading

Published on 2012-06-30 14:07:24

By BenzingaPro + Wall St Daily Deals In the world of trading, information can be very valuable – but when information is delivered ahead of the market, it can be profitable as well. Since the launch of Benzinga Professional, the traders and ex-analysts working behind the news desk have been breaking stories and reporting on market moving [...]

Options Show Improvement Amid Weakness

Published on 2012-06-29 20:32:54

By Chris Ebert Graphical representation of these option posts Summary Recent buying across the broad market represented by SPY has greatly improved the performance of some types of option trades. Covered calls and naked puts with terms ranging from 7 days to 112 days are again profitable. After a month-long losing streak encompassing the month [...]

Market Is Not As Bullish It Seems

Published on 2012-06-29 12:02:15

By All About Trends   I also wanted to alert you to a price increase for the service All About Trends that is currently offered on zentrader at a 50% discount. As of July fourth the price is going up, so if you’ve been on the fence about their service now is the time to [...]

Market Timing Signal: Sidelines

Published on 2012-06-28 22:07:45

Update: Futures are rallying on Europe news suggesting a strong open tomorrow. To get these timing signal updates for free.

Four Character Traits For Successful Trading

Published on 2012-06-28 10:47:33

By Brien Satzinger Trading is indeed a war – Preparing Your Mind For Battle I’m now going to walk you through my battle camp.  You’re being given unrestricted access to see what works for a  trader.  I have nothing to sell you. I don’t even have a link to make a contribution. The information I’m about [...]

Naked Options Sometimes Get Second Chances

Published on 2012-06-27 21:17:17

By Chris Ebert In last week’s Option Update the Featured Option Trade was a naked call. The most significant disadvantage of a naked call is that potential losses are theoretically unlimited. While the risk of a limitless loss is not something a trader should ignore, that risk needs to be evaluated in context in order [...]

Nourish Your Portfolio (And Kids!) with Annie’s

Published on 2012-06-27 09:29:02

By Dave Ambrose Story Stocks: Annie’s Naturals – BNNY Why do I think there is a story behind Annie’s Naturals?  What is the catalyst that could drive this stock to new heights? Well the first thing that comes to mind is my kids. I shouldn’t be surprised by this since they are responsible for causing erratic spikes [...]

Multiutilites Is A Rare Sector Of Strength

Published on 2012-06-26 16:25:34

I ran outta time on the video but I wanted to add a few comments about the TSX. This index is teetering on another sell signal after the diamond pattern non follow through. It’s really being hurt by the weakness in commodities but I feel like this going to bounce back and stage another short [...]

Financial Astrology: Strategies Of The Power Elite

Published on 2012-06-26 00:35:41

By Karen Starich Over the weekend Uranus and Pluto made the first of seven exact squares that will carry all the way into 2015.  This aspect is very revolutionary and the last time it occurred was during the Great Depression.  The aspect could intensify war rhetoric as a means to deflect attention from the “real” [...]

Covered All Miner Positions At Open

Published on 2012-06-25 15:02:43

I used the opens strength to unload most of my shorts. We are in an area of support for TSX and Oil after what’s been a brutal time for commodities. I’m not a support/resistance trader but for those that are now may be a good time to initiate some new longs. I also don’t buy [...]

Sink Or Swim Time For The Markets

Published on 2012-06-24 23:13:20

The following is an excerpt from this weekend’s premium update by All About Trends.  Members receive daily market commentary, weekend wrap-up, and a concise trading plan. I personally recommend their service for their insightful content, trading methodology, and value. Try it here at a significant discount but realize that the 50% price discount will be going away next month. Now [...]

MJN – Late Stage Breakout

Published on 2012-06-24 14:22:04

Mean Johnson Nutrition Co (MJN) has a very strong chart and has been on an uphill roll since it’s IPO in 09′ in the low 20′s. I didn’t count which official base we’re in, but over the last 2 years I see three and at that point it’s starting to get a little long in [...]

Learning How To Lose Properly

Published on 2012-06-23 21:14:53

By @Tradersmarts So what does a really bad week look like? Most traders who are trying to sell you something (black box system, indicator, signal service, etc) will tout their winners shamelessly, but hide and shy away from acknowledging their losers. They will handpick strong performance periods or create some bogus simulated results to showcase [...]

Finanical Astrology: Market Manipulation

Published on 2012-06-23 13:48:51

By Karen Starich I have noticed recently more hints of market manipulation in the media, including comments from guests on CNBC.  There is a concern from those in the Republican party that the markets and the economy need to find their balance without government tinkering, and would more quickly stabilize and move forward without more [...]

Have Commodities Bottomed?

Published on 2012-06-22 19:35:27

I used the morning weakness in the metals to trim a significant amount of my miners and I’m left with 20% exposure in this sector. Until the CRX makes a new low (chart below) and the EWC closes below the area I’ve indicated as support, there is a good chance we could see a bounce [...]

This Week’s Worst Option Strategies

Published on 2012-06-21 23:01:15

By Chris Ebert No matter how the stock market is behaving there are almost always ways to profit using options. The trick is to know which option strategy is most likely to return the highest risk/reward profile in the current market. Not every strategy works in every market, and the following charts of this week’s [...]

Operation Twist Sinks The Markets

Published on 2012-06-21 21:03:12

The initial move after the Fed meeting was up and then a sell off. Today was a continuation of that sell off so I believe that to be the true reaction to the news. The markets will likely remain under pressure for the next couple of weeks now that we have a catalyst. If you [...]

Have Faith In Your Trading Plan

Published on 2012-06-21 12:29:32

…as long as you’ve tested it enough. Well it took far longer than I wanted, however the miners are breaking down from a symmetrical triangle pattern.  They hung out in the resistance zone for a couple of weeks, but the sheer magnitude of selling on the general markets and the commodity gold are dragging the [...]

Quick Look At Leading Sectors

Published on 2012-06-20 22:18:33

While I am surprised at the strength of the general markets over the last few weeks, nothing has changed from my long term trading perspective. I think the miners are ready to roll over as well as the general markets and I’m positioned accordingly. Today was exceptionally volatile in my personal account and I read [...]

How To Handle A Breakout Stock

Published on 2012-06-20 11:18:01

WOW! A breakout of a base let’s BUY BUY BUY right? Not so fast.  Before you just get impulsive look at the chart below that really shows today’s breakout action. As you can see, you had all of about 30 seconds to pick this name off in the 96 level. But ever place an order to [...]

Crude Oil Analysis

Published on 2012-06-19 23:31:37

A reader asked me what’s my take on crude. As of now we’re oversold but could continue down to where I’ve deemed a decent amount of support in the $29.50-30 range. The other scenario has crude rallying up to the $34-34.50 level where it would run into significant resistance. Bottom line: We are oversold but I [...]

How To Take The Market’s Temperature

Published on 2012-06-19 13:51:16

Here is a look at conventional wisdom regarding the need to call a market top. I heard an interview on Financial Sense a few months ago and took a few notes and never got around to sharing the information and I wanted to take an opportunity to do so. “The focus on tops is that [...]

Half Empty or Half Full?

Published on 2012-06-18 21:52:41

Today felt like a massive fade followed by a rally followed by a few head fakes followed by a strong finish in the Nasdaq.

Reader Mailbag: Trending Markets | Zentrader

Published on 2012-06-18 09:51:00

Here is a question I received from a reader awhile ago that I wanted to discuss and share on the blog for all to read, comment, disagree or agree with regarding trend trading and it’s profitability as a strategy. I think you’ll agree that the market grinds 80% of the time and trends 20% of the [...]

Markets Are At Key Resistance Zones

Published on 2012-06-18 00:13:43

By All About Trends Hang on to your hats folks it COULD be a news driven bumpy ride next week. Doesn’t mean it will just that it could. We have the Greece elections We have the Supreme court apparently making the call on “Obamacare” We have the Fed And who knows what else. We nor [...]

Having A Trading Plan Neutralizes Market Volatility

Published on 2012-06-17 09:50:55

By @tradersmarts We never know what is going to happen. Twitter and StockTwits are abuzz with questions like “what will happen in Greece” and “how will markets react” regarding the Sunday Greek vote. Many people are under the impression that if they can just figure out what is going to happen then they can make prophet from [...]

Quick Look At The Major Indexes

Published on 2012-06-17 00:54:00

Last week served to work off the oversold condition of the market. Now we wait for the Europe news to see if we can break above key resistance levels or resume the downtrend that is in place on the daily chart. Well carved out diamond pattern on TSX

Financial Astrology: Ominous Fed Chart

Published on 2012-06-16 11:26:34

Jupiter is moving into Gemini on June 11th and activating the point of the solar eclipse on May 20, 2012.  At the same time Saturn is square Jupiter in the Fed chart and could diminish the luck of Jupiter.  Watch mid June for a correction when Mars will square Mars in the U.S. chart.  This date [...]

Confluence of Support For UUP

Published on 2012-06-15 20:35:24

I bought UUP after the close today as it hit my pullback target. There are 4 reasons that I like this where it close at, providing a nice cluster of support. Yes, I know Sunday night will change everything with the news, but as a trader it’s important to be aware of macro news such [...]

Option Greeks More Important Than Greece

Published on 2012-06-15 11:29:42

By Chris Ebert The most notable change in the option indices this week was a return of the Covered Call/Naked Put Index (CCNPI) to “Bullish”. The CCNPI measures bullish or bearish sentiment in the market. While a return to bullish territory is generally a good sign for traders looking for buying opportunities, this week’s change [...]

Cautiously Bearish

Published on 2012-06-14 18:31:16

2 bullish charts that caught my eye when I was going over my scans. Get a new SPX options strategy delivered each week to your inbox.

Crude Falls Below Support

Published on 2012-06-13 23:34:15

I’m not completely sold on the idea that crude is going to sell off much further, because when I look at a monthly chart it appears we’re at long term support. However looking at a weekly chart which in the short term has more weight over a monthly chart, we have fallen below support and [...]

Financial Astrology: An Undertow In The Economy

Published on 2012-06-13 08:35:54

By Karen Starich Watching the markets now is like watching the lifeboat for the economy slowly getting pulled in a direction that is against it’s wishes and potentially far far far away from it’s destination.  This is the best way I can describe what I see in the current transits that are affecting the United [...]

Got Questions About Stock Options?

Published on 2012-06-12 22:34:04

By Chris Ebert Ask the Option Scientist! Looking for suggestions on the best way to structure an option trade on a specific stock; need a second opinion about possible hidden risks of an option; or are you a beginner in need of basic information on how to get started? This is the place to get [...]

Trading Is War

Published on 2012-06-12 12:40:26

By Brien Satzinger I want to take your money. I want every penny that you have in your trading accounts. I have a plan of living life on the beach and I’m going to use your money to get there. Or will I? I am the guy on the other side of your trade, selling [...]

Today’s Close Feels Very Bearish

Published on 2012-06-11 18:35:11

Lots of great information/charts in the video below as everything looks quite bearish now. When a stimulus can’t lift the markets you know we’re in trouble. On a completely different note I wanted to give some props to the options expert here on zentrader, Chris Ebert. I created a nifty chart today that essentially tracks [...]

Liberty Takes A Critical Blow

Published on 2012-06-11 10:27:58

Whether you like or dislike Gerald Celente you have to give him credit for speaking his mind and telling it like it is. Being a Ron Paul supporter I got to say that this news is very disappointing and whatever hope he had as a beacon of light for freedom and liberty is looking like it’s fading [...]

Sector to Short – Electrical Components

Published on 2012-06-11 00:46:38

Tomorrow is going to be tricky with the gap up on the Europe news. I opted to not do a video recap tonight as most charts are going to be skewed with the big move at the open. I prefer to wait and see if the move holds and then trade accordingly. As of now [...]

Spain gets TARPED?

Published on 2012-06-10 14:53:21

By All About Trends As of the time of this writing it appears that Spain will be getting the equivalent of the United State’s version of TARP that we saw back in 2008-2009. “The Euro group supports the efforts of the Spanish authorities to resolutely address the restructuring of its financial sector and it welcomes [...]

Used Bookstore Purchases

Published on 2012-06-09 13:46:05

I enjoy going into old second hand bookstores to see what gems are waiting to be discovered. Here is what I bought the other day. They’re pretty random but so are my interests.

Option Indices Update – Proceed With Caution

Published on 2012-06-08 14:49:25

All That Is Gold Is Rusting

Published on 2012-06-08 13:11:55

By Dave Ambrose Story Stocks – GLD The ride is over folks.  Gold is done.  As sure as the death cranes rising over a city at the height of a real estate bubble, the items highlighted below are literally signs of the impending free fall of silver and gold.  I have CNBC on in the car since [...]

Supporting My Bearish Thesis On Markets

Published on 2012-06-08 02:09:43

Not Exactly A Picture Of Strength Although the rally in the major indexes felt impressive yesterday, today put them in perspective regarding how weak the general markets really are. We were able to stay above the middle keltner channel  for a very limited time, ultimately closing below them.  If we do start another sell off [...]

Make.Good.Art.

Published on 2012-06-07 14:12:42

This is a wonderful graduation speech by legendary writer Neil Gaiman. If you have children in the arts in any capacity you should watch this with them. Very inspiring.

Critical Point For The Miners

Published on 2012-06-06 19:54:02

In the following video: Why I still like the miners as a short despite the past few days. A new sector that went on my short radar today with stock picks I like short. Why I won’t make excuses for my trades because of trading biases. Pro currency trader trades live every day using his [...]

A Victory For The World

Published on 2012-06-06 10:15:16

By Karen Starich Last night the Governor of the State of Wisconsin, Scott Walker,  accepted his victory in a recall election.  The victory is not just for Scott Walker, but for the people of Wisconsin and beyond.  There is a significance to his victory, not just from the standpoint of politics, but rather the unusual [...]

Mexican Coke (KOF) is a Cola Snob’s Fix

Published on 2012-06-05 22:28:12

By Dave Ambrose Story Stocks – KOF The stock I’d like to talk about today is something I pretty much stumbled upon, KOF.  The ticker is for Coca Cola FEMSA, which is the largest bottler of Coke in Mexico. They supply Coke, something I simply cannot live without (or with but that remains to be [...]

The Transit of Venus

Published on 2012-06-05 15:58:28

This is fascinating from a historical, cultural, and astronomical perspective. These events are among the rarest astronomical phenomena to predict and often come in pairs. The last transit of Venus was in 2004 and after this year’s, we won’t see one again for another until the year 2117. There is an official site for the Transit of Venus as [...]

Financial Astrology: Is JPM Another Lehman?

Published on 2012-06-05 10:08:19

The following is an except from this weeks premium newsletter by Karen Starich, who uses astrology to forecast events in the financial markets. Discover how Astrology Traders can give you an unparalleled edge in trading. This week my emphasis is on the current market correction, the trend going forward, bonds , oil, an update on Harley Davidson (HOG), and the [...]

test

Published on 2012-06-05 01:24:29

$48 Should Be Top In GDX

Published on 2012-06-04 19:08:15

Nice rebound in the metals today and I think we could have a little more upside before it rolls over. $48 is my target where I think it’ll run out of gas and correct as there are multiple points of confluence of resistance. I’ll be looking to add a short position in GOLD tomorrow, with [...]

2 Ways This Market Could Go

Published on 2012-06-04 00:56:46

“Is the information inherently threatening, or are you simply experiencing the effect of your own sate of mind reflected back at you?”  ~ Mark Douglas, Trading in the Zone

The Mechanics Of Capitulation

Published on 2012-06-03 14:56:30

By All About Trends Friday we said: “Therefore, the rest of the day we do nothing and watch the famous “Into The Close” into a weekend I might add. We’ll find out into the close IF we are going to enter “Nervous Nellie Chicken Little The Sky Is Falling Capitulation Mode”. If so, then this [...]

Observation On My Sector Watchlist

Published on 2012-06-03 01:28:27

I don’t have a percentage, but it was high the amount of sector charts showing some form of positive divergence between the price action and the RSI.  I like new lows to remain bearish on the RSI (which in turn subsequent price action) and we are not getting that at this time. One has to [...]

Astrology Trader’s Views On TLT

Published on 2012-06-02 12:41:40

Below are a series of updates on TLT within Astrology Traders to see our views over the last 6 weeks and how you may have profited from being a subscriber. Astrology Traders provides specific dates and in-depth analysis of future events for the financial markets through weekly updates, trade alerts, and educational webinars.

Why I Believe The Miners Are A Short

Published on 2012-06-01 23:41:44

I got cut off in the video below but I think I got all I wanted to cover regarding the miners. Today felt like a trap despite the big move up for the Dow Jones Gold Mining Index. If we close on a daily with the RSI > 70 then I’ll start to sweat but [...]

Option Indices Signal Bear Market

Published on 2012-06-01 11:00:30

By Chris Ebert Changes in the option indices are an indication of changes in the emotions of traders. When the market is in an uptrend, a weakening of the Long Call/Married Put Index (LCMPI) can be a signal that the trend may be ending. Changes in the LCMPI often point to changes in sentiment before [...]

U.S. Dollar Is Not Overbought

Published on 2012-05-31 20:54:44

Few charts of interest: NASDAQ HIGH LOW INDEX – 60 EMA is firmly pointed down. Very bearish for markets. Dow Jones Transports – bear flag spotting CRM – a lot of room on the downside here as broadening top is very bearish formation XOM – failed cup with handle can see a quick move lower. [...]

The Only Pattern You’ll Need In Downtrends

Published on 2012-05-31 12:57:55

By All About Trends “As we go through the charts of the daily indexes and individual names we see a lot of POL’s (Pullbacks Off Lows). In downtrending markets POLs are the only pattern you need to know for shorting. Those POLs are also the what to watch out for if you are long.” When [...]

Still Sitting On My Hands…

Published on 2012-05-31 01:04:37

…holding the same large DIA position I’ve been in for awhile now. Nothing to do but wait for some sort of capitulation as the selling we’ve seen up to this point has been severe enough that there needs to be some sense of panic before we can gain any traction to the upside. Today was a decent [...]

My Experience at United Astrology Conference

Published on 2012-05-30 12:10:29

By Karen Starich Financial Astrology:  The Key To Future Investing Last week I was fortunate to attend the United Astrology Conference held in New Orleans.  The UAC is no ordinary convention, imagine a group of over 2000 people who spend most of their waking hours tuned into out space!  Bohemian is an understatement, but with [...]

3 Breakouts That Held Their Gains

Published on 2012-05-29 22:44:05

While I’m not ready to buy anything long at this point now is the time to build your watchlist so when the market turns around you’ll know which stocks to focus on. Below are 3 strong charts to keep your eyes on. Create weekly cashflow through this SPX options strategy.

Metals Fade After Early Strength

Published on 2012-05-29 12:18:19

Over the weekend I felt that the rally that the miners have been experiencing was close to coming to an end. We got the pop at the open, but the only stock on my watchlist that really qualified as a short entry per my system was NEM. I did get some shares of that to [...]

Monday Night “Pump Up” Song

Published on 2012-05-29 00:02:23

Here’s a little something to get you back in the trading mood….Can you imagine being right there in the middle of that crowd during that song…which undoubtedly is one of the best work out songs ever.

Calculating Where Facebook Options Should Open

Published on 2012-05-28 10:52:05

By Chris Ebert Facebook stock options are set to begin trading Tuesday, May 29. While many are waiting to see what the premiums will look like, a better approach might be to ask what they should look like. Would you buy car insurance from the first agent that offered you a policy? You might get [...]

My IF-Then Statement On The Nasdaq

Published on 2012-05-28 00:06:36

If Nasdaq goes above 2850 and breaks out of the current wedge it’s in then it will likely go to 2900 before finding resistance. If Nasdaq breaks below 2819 then it’s probably going to 2675 in a hurry. Both scenarios have the Nasdaq moving lower so it’s best to either be on the sidelines or short. Trade [...]

Prepare For A Volatile Summer Market.

Published on 2012-05-27 13:18:19

By Nicholas Marriot Market Letter May 19, 2012 Macro Outlook This has been a crap week for the market with the S&P down 5 days in a row. The macro outlook continues to deteriorate with the never ending crisis in Europe intensifying with no solution in sight. The only permanent solution is for Greece, Portugal, [...]

Looking For Miners To Fall Next Week

Published on 2012-05-26 23:41:38

Stocks in this sector that I’m looking to short.

2 Days Left To Secure Lifetime Options Deal

Published on 2012-05-25 23:58:58

This is a reminder that this weeks daily deal on Options is expiring this Sunday evening. I’ve included some option tutorials that Gavin has created to help give you some idea of the sort of information he provides. These videos are hidden on YouTube, so the only way to view them is by these links. Regardless of [...]

Markets Are Stuck In A Stalemate

Published on 2012-05-25 09:12:03

By Chris Ebert The Long Straddle/Strangle Index (LSSI) is within normal limits, so no surprises are expected. The Covered Call/Naked Put Index (CCNPI) is weak, but still mildly bullish while the Long Call/Married Put Index (LCMPI) is non-bullish. The markets are stuck in a stalemate, waiting for Europe to make the next move. With the [...]

Why I Don’t Believe Silver Has Bottomed

Published on 2012-05-24 20:02:28

Bulls Held Their Ground Yesterday

Published on 2012-05-23 23:11:13

…but was it enough?

Past Performance Eventually Guarantees Future Results

Published on 2012-05-23 20:37:37

By Chris Ebert I could not help chuckling a little when I opened my mailbox last week to find a large envelope containing a prospectus for one of my mutual fund investments. It was amusing because I am a trader, not an investor. I would gladly sell all my shares in the fund if the [...]

Markets Are Attempting To Put In A Bottom

Published on 2012-05-23 12:57:02

Different views on the market is what makes the market so interesting (and challenging). While I’m generally bearish on the markets it’s important to never let bias exclude you from looking at the other side of the coin. That in itself is one reason I think a service like All About Trends is so valuable as [...]

Markets Remain Under Pressure

Published on 2012-05-23 00:28:51

Charts from video.

Growth and Value: Interview With Skullcandy CEO

Published on 2012-05-22 12:53:38

By Galileo Russel Skullcandy (SKUL) has seen overwhelming success and growth since its inception in 2003. Skullcandy specializes in all types of headphones and apparel surrounding their flagship brand. Luckily, I got the opportunity to have CEO Jeremy Andrus answer a couple questions. Skullcandy is a leading audio brand that reflects the collision of the [...]

Steel Sector On My Short List

Published on 2012-05-21 21:32:47

The Steel sector has been particularly weak during this latest selloff on the markets. Having went into the low 20′s on the daily RSI this sector has proven to me that it’s extremely weak and is a short candidate on a decent bounce. I’m watching this to bounce back to 55-60 level and below are [...]

Save These Dates

Published on 2012-05-21 15:30:23

The markets have definitely gone on red alert lately and we may stay that way for the next month with some critical macro news events coming up in June. Here are some dates to add to your calendar. June 17 - Greek Vote. Do they stay in the EU or do they go? June 19-20 - FOMC Meeting – more [...]

I’ll Have Another Covered Call

Published on 2012-05-20 21:41:03

By Chris Ebert Given the importance of emotions in trading, it may come as surprise that widespread measurement of these seemingly intangible aspects of the stock market is a relatively new phenomenon. Fear indices such as the VIX, VXD and VXN, while commonplace today, were almost unheard of 20 years ago. The VIX is a [...]

Are We There Yet?

Published on 2012-05-20 12:36:40

By All About Trends We’ve talked for a long time about us being in an ABC down pullback and that has been exactly what’s happened over the last few weeks, albeit the last two days throws the whole subject of this being just a pullback into question. Especially when one looks at all the damage [...]

We Are In Oversold Territory

Published on 2012-05-19 17:42:24

With that said we are also entering crash territory. We are getting in a grey area where a crash could happen, but those always have a small odd percentage. I’d say 85% we bounce and 15% we crash. Every day we’re down I would say subtract 5% from the bounce category and add it to the [...]

Short Trade Is Getting Crowded

Published on 2012-05-19 00:39:51

We are seeing some extreme readings on the put call ratio and we need some time to work off these oversold readings. Remember that the crowd is mostly wrong. Given the the Facebook IPO was a flop and expectations so high we may see more follow through on the downside at the open on Monday [...]

Option Trader’s Emotions Are Shifting

Published on 2012-05-18 09:45:29

By Chris Ebert All three option indices experienced changes this week, signaling a shift in the emotions of traders. When emotions change, trading patterns tend to do so as well. The most notable difference this week was in the Long Call/Married Put Index (LCMPI), which saw all three measurement periods sink into negative territory for [...]

Market Astrology:Can Facebook Bailout California?

Published on 2012-05-17 18:21:04

By Karen Starich I wrote to my subscribers beginning on April 8, 2012 to be very mindful of three very critical dates: 4/19, 5/3, and 5/18, and to watch for a setback in the financials.  I also warned that there could be default worries regarding California that would most likely hit the news in May and [...]

Pre Facebook IPO Jitters

Published on 2012-05-17 15:05:17

Market Timing Signal chart. This update took forever to load and should have been posted 30 minutes ago. Pro currency trader trades live every day using his unique methods to swing trade with counter trend lines in the direction of the Fibonacci’s. London Daybreak Setup Revealed!

No Rush To Buy Precious Metals

Published on 2012-05-16 17:32:17

There are 2 major views on the metals right now. the bull is dead the bull is hibernating I’m in the 3rd group.  The bull is still alive, but I would not be in any rush to buy any miners until there is a significant flush out. Let these two groups fight it out and [...]

Aaron Sorkin’s Commencement Speech

Published on 2012-05-16 09:49:37

On 13 May 2012 Loads of wisdom here and if you have kids the first couple of minutes will be extra special to you.

Market Astrology: The Facebook IPO Risk Trade

Published on 2012-05-15 17:14:38

By Karen Starich Facebook is set to launch it’s initial public offering on May 18th. The social media giant has an initial target valuation as high as $100 billion. Looking at the astrology for May 18th we can get some clues as to how the stock will do, and the potential risks involved with the [...]

The Death Of The Bull Is Near

Published on 2012-05-15 11:05:19

By Chris Ebert As with all technical indicators, the Option Indices are intended to be tools to help traders plan future trading in a manner that increases the probability of a profit. Last week, it was reported here that the Long Call/Married Put Index (LCMPI) was in danger of reaching a level that would indicate [...]

Where SLW Would Be Attractive

Published on 2012-05-14 21:18:41

SLW closed today at 24.40 and the area of support where I would get interested in this stock is the $17.75-19.25. That would represent enough of a “fear factor” that metals need to represent a good buying opportunity and it takes us down to significant support going back to 2008-2010. We are currently in a down trending channel and [...]

Update on Bonds, Dollar, & Euro

Published on 2012-05-14 11:33:10

Dollar looks ready to break out above significant resistance which would be very bad for the general markets. Euro is confirming strength in Dollar by the weakness in it’s own chart. Bond strength is confirming weakness in general markets. I’ve been bullish long term on Bonds for quite some time and while there may be [...]

Market Timing Signal: Down

Published on 2012-05-13 14:18:47

Super Moon Brings Down The Financial Sector

Published on 2012-05-12 22:20:33

The following is an except from last Sunday’s premium newsletter by Karen Starich, who uses astrology to forecast events in the financial markets. Learn how Astrology Traders can give you an unparalleled edge in trading. Full Moon May 6, 2012 The distance of the full Moon on May 6th is 356,954 km from earth, which is the minimum range.  If [...]

Tips On Picking A Trading Service

Published on 2012-05-12 10:27:23

In the following video I answer a reader’s question about using stops in one’s personal trading when using a paid subscription service. Sometimes trades do go against us and it’s important to take steps to protect our trading capital. Reader questions: “When using a service like All About Trends (or any similar service) does it [...]

How Big is the Bakken?

Published on 2012-05-11 16:42:37

By Mobile Guru Recently I’ve written a couple articles explaining why I believe Northern Oil & Gas (NOG) is The Bargain of the Bakken, specifically comparing their metrics to those of Oasis (OAS) and Kodiak (KOG) to demonstrate why I believe Northern provides a lot more value for your investment dollar. This article will focus [...]

Option Index Update 05.10.12

Published on 2012-05-11 01:51:18

By Chris Ebert Recent selloffs in the market were nearly enough to cause a change in the option indices. The LCMPI came very close to a level that would have strongly indicated the end of the 2012 Bull Market, but has not reached that level as of May 10. The LSSI remains normal and the [...]

Short Term Outlook On The Markets

Published on 2012-05-10 13:13:27

The following is an excerpt from today’s mid-day update by All About Trends, which I spoke about in the video above. Try it here at a significant discount. If we had to describe the markets the last two days at this moment in time we’d have to say it’s — whipsawing If we had to define [...]

Real Estate Surprisingly Strong

Published on 2012-05-09 21:23:31

In a market that has been considerably weak over the last week it has surprised me how resilient real estate has been. What prompted me to look at IYR today is that TOL and DHI showed up on a very short list of momentum names after I ran my scans tonight. IYR has barely given up any of it’s [...]

Bulls Need To Make A Stand

Published on 2012-05-09 01:27:05

Lots going on here, and here are the reasons why this would be the logical point for the bulls to make a stand and we may get a relief rally here. RSI is still strong near 39. It hasn’t completely broke down and is still hovering around the 40 level. Price bounced at key support [...]

Selloff May Trip Option Index

Published on 2012-05-08 19:53:39

By Christopher Ebert The Long Call/Married Put Index (LCMPI) has remained bullish since mid-December 2011. From January through March of this year the index was strongly bullish before turning mixed on April 6. The recent events surrounding European elections have renewed a sense of fear that a government default may again be on the horizon. [...]

Sector Thoughts and the CRX

Published on 2012-05-07 18:59:31

As the Platinum and Precious Metals sector makes new lows and the RSI sinks under the 30 level I’ll be watching this for a potential short in this sector. The weaker the RSI gets the better this trades gets in my opinion. And when I say “better” I mean the less risk there is when [...]

“Expect Some Turbulence This Week”

Published on 2012-05-07 00:41:51

By All About Trends As we go into next week we have a lot of cross currents to deal with. Bullish and Bearish. We’ve been talking about a 4th and 5th wave higher to end the cycle recently but with Friday’s action in my mind it pretty much negates that we are in a 5th [...]

About Crude’s Drop On Friday

Published on 2012-05-06 16:52:48

Short term crude is going to be under pressure based on Friday’s price move, volume and the position of the -DI of the ADX. When it spikes up that high it generally means that particular trading instrument will move in the direction over the coming weeks.  Volume is quite large on the daily but the [...]

Small Bounce Would Be Ideal…

Published on 2012-05-05 18:50:52

…that would allow us to establish a short position on the indexes. Friday’s decline closed the gap from last week and given that the markets sold off into the close we could get a little gap down on Monday. Ultimately the markets move will be determined by the European vote on Sunday night so any [...]

Option Index Update 05.04.12

Published on 2012-05-04 18:26:36

By Christopher Ebert The option indices remained mostly unchanged over the last week. As has been the case since early April, the options market is giving no clear signals of a trend in either direction. The CCNPI is often the quickest to react to a change in the market. Any changes will be reported here [...]

Sectors Most Likely To Fall

Published on 2012-05-04 02:06:14

Due to negative divergence on the RSI and/or broadening tops. Like HTZ, TZOO, ZIP and CTRP (but report on 5/16)

Portfolio Size and Risk Management

Published on 2012-05-03 21:55:07

By All About Trends Success in the stock market is all about risk management — not biting off more than you can chew in any one stock.For us, we recommend not investing more than 5% of your portfolio balance in any one position.  This means you maximum investments will be as follows: $1,250 on a [...]

NOG is the Bargain of the Bakken

Published on 2012-05-03 12:03:16

By Mobile Guru Northern Oil and Gas (NOG) vs. Oasis Petroleum (OAS) Many oil and gas investors seem to have recently lost some interest in the Williston Basin, despite several extremely attractive aspects of the play: Very high quality light, sweet crude High production levels of oil relative to natural gas (90% is crude vs [...]

Have Your Positions Hedged

Published on 2012-05-02 21:46:30

The main theme here is were getting a lot of mixed signals on the markets. One of the market leaders Apple seems stuck in a bearish channel after blowing out earnings and yet I’m adding a lot of names to my momentum watchlist. Here are a few. Copper which is a baraometer of health in [...]

TSX Is Now A Buy

Published on 2012-05-02 14:20:39

Well…to be more specific it was a buy on the pullback area designated on the chart below and I opened a position in EWC at $28.08. There is something odd going on with the correlation between the Canadian markets and the U.S. markets. This $TSX seems healthier with the way it’s behaving with the recent [...]

Today’s Action Has A Topping Look

Published on 2012-05-01 23:15:27

In this video I talk about “points of price instability” from The Complete Turtle Trader and why today looked like one.

Option Indices Suggesting Cautious Optimism

Published on 2012-05-01 11:19:50

By Christopher Ebert The option indices are currently indicating cautious optimism in the market. A detailed description of each index may be found here. The Long Straddle/Strangle Index (LSSI) which measures the justification of fear is well within the normal limits of -5% to +5%. After the turmoil of the last half of 2011, the [...]

Sector In Focus: Gas Distribution

Published on 2012-05-01 00:08:22

This sector is approaching overbought levels and I believe it will roll over soon. Pay close attention to how the sector chart $DJUSGU behaves at the 60 level on the daily RSI. This remains in a downtrend when viewing the daily chart indicated by the downward sloping channel. Below are the four stocks I’ve identified [...]

Market Astrology: Solar Eclipse

Published on 2012-04-30 16:00:59

The following is an except from this weeks premium newsletter by Karen Starich, who uses astrology to forecast events in the financial markets. Learn how Astrology Traders can give you an unparalleled edge in trading. The path of the eclipse will transit over the Northern Pacific Ocean and cross the Western United States and end over Lubbock TX.  The eclipse [...]

Market Timing Signal: Up

Published on 2012-04-30 00:37:50

We don’t have an entry on the market etfs I track at this point, but it’s OK to buy momentum stocks as the general trend of the indexes is up. See my list of momentum stocks here for some of the strongest stocks in the market.

Retest Of Recent Highs Coming?

Published on 2012-04-29 14:23:13

The following is an excerpt form the this weekend’s update by All About Trends. Premium members receive daily market commentary and stock picks, a weekend wrap-up, and a concise trading plan. I personally recommend their service for their insightful content and amazing value. Try it here at a significant discount. Given how far and how fast we’ve just moved [...]

ORLY Entering Parabolic Phase

Published on 2012-04-28 20:59:31

Earnings were the fuel that pushed this out of a multi year up-trending channel, however  I suspect this is a trap for those buying at these levels. If you have a good profit in this stock now is the time to unload in my opinion as this is shaping up to be similar to the chart pattern AAPL was [...]

4 Earnings Winners Likely Heading Higher

Published on 2012-04-28 00:36:35

The strength in these weekly charts is impressive and the way stocks are reacting to earnings is a tell that the market will likely move up as well.

3 New Indexes To Interpret Market Emotions

Published on 2012-04-27 14:37:40

By Christopher Ebert Today, three new indexes are being introduced as an aid to traders. Each index provides additional insight into the current conditions of the stock market that may be helpful to stock traders as well as option traders. Over the coming weeks and months I will be analyzing these option indices and reporting [...]

The Challenge of Trend Trading

Published on 2012-04-26 16:20:48

The more I look at my charts now it appears I may  have bailed on my shorts prematurely and I feel better about added some short exposure in the form of DIA near the close. (all is explained in video) I normally try and wait for the end of the day before making any decisions and I [...]

Using RSI To Identify Waning Momentum

Published on 2012-04-26 01:32:52

So there are a couple of bearish patterns going on within the Nasdaq Advance Decline Volume chart. The head and shoulder top is the obvious one, but the one I want to draw your attention to is the stair stepping pattern of the RSI. It goes from very overbought to the 50 level where it finds support. [...]

Apple Makes Everything OK

Published on 2012-04-25 12:48:40

AAPL rising earnings does not equate into a healthy US economy. While today is not exactly the scenario I would have like to play out after AAPL released earnings it’s just one more example of how delusional the market is in regards to what is considered reflective of a growing economy. The effect of this earnings report on the [...]

Market Astrology: More Netflix Downside

Published on 2012-04-24 23:13:25

In light of today’s big drop with Netflix I thought I should do an update on the company since I have heard from many readers who have jumped in on the short game with this stock. Yesterday bought May 75 put options on NFLX @ 135 Today sold the puts @ 105 after NFLX is down [...]

One Bullish Perspective On The Markets

Published on 2012-04-24 12:12:56

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service for their insightful content and amazing value. Try it here at a significant discount. Given that I’m bearish on the markets it’s important to always consider the opposite [...]

Downside Break!

Published on 2012-04-23 18:09:39

Consider The Time Factor In Nasdaq Chart

Published on 2012-04-22 19:14:12

It’s important to consider the “time factor” when projecting key turning points in a chart. These vertical bars represent 20 trading days and while this is an imprecise art one can clearly see a trend around the recent head and shoulder pattern that has been forming over the last 2 months. Tops take time to [...]

Markets Frustrate Bulls & Bears This Week

Published on 2012-04-21 19:39:11

But would we really expect anything less from a mechanism designed to fool the masses. Trade your plan, absorb the volatility, and if the markets tempt you to prematurely exit your trade, do something other than stare at your monitor. Volatility has ticked up recently as it was approaching extreme levels, but there is still [...]

Learning To Let Go Of Past Trades

Published on 2012-04-21 02:57:01

One of my important methodologies of trading is that every stock has a very specific point in time to buy it that will give you the best reward/risk from a chart pattern perspective. I don’t look for stocks to trade, I look for patterns to trade. Once a pattern has been identified I watch for [...]

Playing It Safe Into The Weekend

Published on 2012-04-20 12:15:31

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service for their insightful content and amazing value. Try it here at a significant discount. The last few days we’ve been talking bull and bear counts along with a [...]

Energy Sector In Focus

Published on 2012-04-19 20:56:57

And now for something completely different….the energy markets. There isn’t a whole lot to talk about regarding the general markets. We’ve been opening strong, finished weak and distribution days have been outnumbering accumulation days for awhile now. Sentiment remains bullish, which is a bad thing for the markets and I continue to see very few [...]

Today’s Trading & Miners At A Glance

Published on 2012-04-19 12:45:46

It’s do or die time for these two charts and we should get a plunge soon which should provide a good buying opportunity or an upside break which should provide a good buying opportunity. You just have to have a little patience for the trade. Meanwhile, the Dow Jones Tire Index is bouncing today and [...]

Quick Look At The Major Indexes I Follow

Published on 2012-04-18 20:28:37

I count five lower highs. Price tells you everything you need to know. RSI 60 level continues to provide resistance. Here are some levels to watch for the Dow. Wedge forming on 60 minute. Pay attention to which way it breaks.

Market Astrology: Gold And Silver

Published on 2012-04-18 14:10:14

The following is an except from this weeks premium newsletter by Karen Starich, who uses astrology to forecast events in the financial markets. Learn how Astrology Traders can give you an unparalleled edge in trading. My projection for a move up beginning 4/10 was more beneficial for gold than for silver.  We could continue to see some price movement that [...]

Today Doesn’t Change My Bearish Bias

Published on 2012-04-17 20:19:41

Earnings will likely be the focus from here on out. I knew there was an outside chance we have a last gasp up but it’s never easy to sit through when it happens. In this video I take a look at why I think the market is still heading down, gold and the miners index [...]

Market Video Update: (CRX, COPPER, XNG)

Published on 2012-04-16 20:59:47

All About The Falling Leaders

Published on 2012-04-16 13:11:57

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service for their insightful content and amazing value. Try it here at a significant discount. Heck the 50 day in the face of fear or on an earnings announcement [...]

Short Candidates In the Tires Index

Published on 2012-04-16 00:33:11

As I become more bearish on the general markets I’ll be looking to short this sector as I like the RSI weakness on the benchmark as well as the horrid looking charts of the following stocks in this sector. I thought I had more to say to warrant another video tonight but I guess I [...]

Get Defensive In Your Trading

Published on 2012-04-15 12:11:23

My signals have transitioned to a very bearish state and my trading will reflect that for the time being. I will track the strongest stocks in my momentum watchlist on Stockcharts, but holding anything long right now becomes a liability. I will also be identifying some short plays later today.

Acquisitions Drive Key Metrics In Mobile Sector

Published on 2012-04-15 02:42:42

By Mobile Guru On Thursday night Google (GOOG) released first quarter earnings that had revenues up 24% year-over-year at $10.6 billion. While the market in general had a very neutral reaction to these solid results the key takeaway is still on the mobile front. Here is what Google said about Mobile during its Conference Call. [...]

Jackass Investing – Setting The Record Straight

Published on 2012-04-14 03:26:54

Mike Dever, Founder, CEO & Director of Research of Brandywine Asset Management, has the successful track record and the experience to author a book that questions the paradigms that investors so often take for granted with their poor-folios. Jackass Investing details 20 easy to follow chapters that turn every mantra that traders commonly use and upside-down, [...]

Using Micro Charts For Trend Clues

Published on 2012-04-13 14:51:41

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service. Try it here at a significant discount. “So where to from here? What do we need to see to say higher from here? Simple just look at the [...]

AAPL – First Real Crack Appears

Published on 2012-04-13 10:32:49

If this is a normal correction in the markets (between 5-10%) then AAPL should visit $570 at a minimum. If the correction turns into something more severe (greater than 10%) then I could see AAPL falling as low as $450-$470. The best reward/risk to short would be to wait for a retest of the $620 [...]

Was That It For The Correction?

Published on 2012-04-12 19:13:05

Dow/Nasdaq: Bearish TSX: Bearish but improving GLD/GDX: Bearish but improving Become the best trader you can be - learn on our dime!

Market Astrology: Friday The 13th

Published on 2012-04-12 08:56:30

The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Check out Astrology Traders for specific dates and in-depth analysis of future events in the various markets she covers. A quick heads up with  Friday the 13th just around the corner , and a few significant astrological events that should be noted. [...]

Cracks In The Recent Leaders

Published on 2012-04-11 21:46:25

The 3 Horsemen These have been the most ridiculously overbought charts I’ve seen in awhile. Traders can’t continue to hide in these stocks. The pattern I added to the CMG chart is what we are looking for to see the 1st sign of weakness among these leading stocks.  PCLN has already fallen out of it’s [...]

I Would Buy A Fun Pass At Caine’s Arcade

Published on 2012-04-11 10:54:27

When other kids his age are playing games, Caine is creating them out of scraps. What a touching story of one young boy who wanted to start his own arcade. If this doesn’t choke you up a bit you aren’t human. This takes me back to when I was a boy and I did innovative [...]

Vaulted Gold As An Investment (Infographic)

Published on 2012-04-11 08:40:12

From: Trustable Gold

Market Timing Signal: Down

Published on 2012-04-10 20:20:55

Even Apple Couldn’t Save The Market Today There was so much to go over tonight I had to make two videos. Yes my timing signal turned bearish today but it wasn’t time to enter the shorts. I will wait for a bounce before entering as I’ve refined my entry as the markets nearly always bounce [...]

Wave 4 Is A Possibility On The Indexes

Published on 2012-04-10 13:33:36

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service. Try it here at a significant discount. Thus far today’s action is exactly what one wants to see here. All from a daily support levels and micro 5 [...]

Markets Remain Cautiously Optimistic

Published on 2012-04-09 17:46:24

First off, one market that is clear is the TSX, which remains in a sell signal. However it’s too early to tell if the general markets on the US have topped and are about to move into correction mode. Today volume declined on the US and Canadian markets making it difficult to interpret whether today’s [...]

Futures Looking Weak

Published on 2012-04-09 02:33:18

We are seeing some unusual action in the futures market (compared to what we have seen as of late) where the US Markets look to open markedly lower. For my timing signal to trigger a sell signal we need to see the markets close at the lows of the day. With a flag forming at [...]

Patent Infringement Wars Between AUGT & MM

Published on 2012-04-08 10:58:19

By Mobile Guru Augme Technologies (AUGT), one of the mobile marketing emerging leaders set it sights on Millennial Media (MM) Thursday, targeting them for infringement on three of its patents. Augme Technologies filed suit for patent infringement citing three separate patents(6,594,691,7,269,636,7,783,721) on Thursday in the Delaware courts. In a story first broke by Techcrunch, Mobile [...]

AAPL – In The Eye Of The Climax Run

Published on 2012-04-07 13:47:00

I want to keep this stock front and center because it’s such a phenom in our culture and in the markets that it makes an interesting case study on runaways stocks. Since I first wrote about the current climax run on March 21st, we’re up another $40 and one could argue it’s just going to [...]

Google Glasses: Creepy or Cool

Published on 2012-04-06 22:40:12

Are we seeing a glimpse of the future where the internet goes from being all around us (wireless) to us basically becoming one with the net. I’m not so keen on this as I think we need less of the net in our lives, not becoming assimilated into it. Keep in mind this is coming [...]

Gold Bugs Index In 4 Time Views

Published on 2012-04-06 12:50:27

Prognosis: More Selling On The Way Gold and silver took another beating today and all my chart views point to more weakness. Maybe the $400 level will provide some respite from the selling but I wouldn’t bank on it. When gold bugs start dumping their metals it normally gets a whole lot uglier before it [...]

Strong Support Even If We Pull Back

Published on 2012-04-05 17:54:49

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service. Try it here at a significant discount. Here are the index charts with most showing either a tag of a support level or even a moving average. It’s [...]

Astrology Update On Dollar and Metals

Published on 2012-04-05 09:25:56

Below is an excerpt of an email discussion yesterday between Karen and I regarding what she thought about the recent Dollar strength and Gold weakness. I thought it had some good information and wanted to share. What are you thinking about the recent dollar strength and gold weakness. if you can confirm that the dollar [...]

More Downside Likely As Sentiment Shifts

Published on 2012-04-04 19:09:41

We didn’t have a trend change today but it’s getting very close. It’ll be interesting to see if the weakness we are seeing will carry into tomorrow as people may not want to hold over the long weekend. That would definately be a change in sentiment from what we’ve seen over the last couple of [...]

Using Low Volatility To Your Advantage

Published on 2012-04-04 08:32:58

By Christopher Ebert Fear of falling stock prices, as measured by the implied volatility of stock options, is now at some of the lowest levels in recent years. Despite the efficiency of the options market, volatility is one area where the market displays characteristics that give the perception of inefficiency, and traders may be the [...]

Dollar Up, Gold Down

Published on 2012-04-03 20:31:42

This looks to be the trade for the next week or so and with the general markets selling off this could be the start of a much needed correction in the markets. I’m seeing some preliminary signs that my timing signal could trigger in the next day or two. That doesn’t mean it’s going to [...]

Market Astrology – Strategy Going Forward

Published on 2012-04-03 08:25:23

In April we could see some very bullish moves in the markets that carries into May.  We have had a couple corrections in March that have provided some very good buying opportunities.  For Astrology Traders subscribers we recommended some stocks and entry points to take advantage of the pullbacks.   We also had one technology stock [...]

Bulls Remain In Charge Without Exuberance

Published on 2012-04-02 17:43:25

One thing that the market is doing very well is keeping it’s sentiment readings in check without becoming too optimistic. I’ve discovered by going back and analyzing these results with how the markets behaved at certain points in time is that when the bulls are over 60% then it’s bearish for the markets. When the bearish sentiment [...]

Significant Support/Resistance Levels For Markets

Published on 2012-04-02 12:16:18

The following is an excerpt form the mid day update by All About Trends. Premium members receive daily market commentary, stock picks, and a concise trading plan. I personally recommend their service and you can try it here at a significant discount. “We’ve been talking about the market potentially building out a sideways Wave four consolidation here and the [...]

When McClellan Oscillator & Dow Diverge

Published on 2012-04-01 21:50:36

Two Dividend Stocks Approaching Support

Published on 2012-04-01 13:06:03

Mobile Market Index Gains 52% In Q1

Published on 2012-04-01 01:27:35

While the first quarter of 2012 was positive for the major indexes, the Mobile Index continued to outshine returning an impressive 52%. Just this past week, newcomer Millennial Media saw its shares climb over 80% from its IPO price of $13, well above the predicted range from just months ago. Here is a short summary [...]

Healthcare Sector Breaking Out

Published on 2012-03-31 13:02:24

With Obamacare in focus, the health care stocks is breaking out. I particularly like how the ADX is setting up. Now I don’t really concern myself with whether it will pass or not, or whether it’s the right thing to do for the US as a country, my only concern is what this sector is [...]

How The Media Manipulates The Masses

Published on 2012-03-30 09:20:14

First off, I have no love for the media and this short interview illustrates the exact reason why. It astounds me how blatantly negative the media remains on Ron Paul despite all he stands for and everything he’s accomplished. The anchor just has to start the interview off stating that Paul “hasn’t one a single [...]

Window Dressing Could Be Key

Published on 2012-03-29 20:18:33

Update On Canadian Markets

Published on 2012-03-29 09:22:14

Yesterday on Twitter I mentioned if we breakdown from 12350 I expect this to drop all the way to the neckline in rapid fashion. This morning it appears that is happening and this sell off seems to be different from the view that this is the first time since I received a sell signal on [...]

Commodities Analysis (CRX, Copper, and HUI)

Published on 2012-03-28 13:28:23

Not looking so good on the commodities front. But it’s also not “blood on the streets” time. Just looks like an orderly sell off is beginning. Related Posts: Market Timing & Sector Charts Canadian Stock Market Outlook: Bearish Dr. Copper Looks Sick

Can You Make Money Investing With Astrology?

Published on 2012-03-27 22:46:50

The following is by Karen Starich, who uses astrology to forecast events in the financial markets. In February Forbes ran an article “Can The Planets Affect Your Portfolio?” that I though I should chime in on.  The answer is yes!  I have to say that as an astrologer and trader I think the article is very timely.  [...]

Strongest Sectors In The Market

Published on 2012-03-27 19:41:05

CNC – Stock to Watch

Published on 2012-03-27 09:36:50

CNC is one healthcare stock that had a nice earnings run last month and looks to be in the consolidation phase before making another run at recent highs. It’s recently gotten a while candle on the 3 Line Break chart and I’ve outlined the area on the 60 min chart below which I think represents [...]

Conquering The Psychology Of Trading

Published on 2012-03-26 20:49:49

Psychological Errors When Trading and Ways To Prevent Them   Making trades is stressful. Every trader has successes and failures, losses and mistakes. Psychological errors are almost always stress based, meaning that due to the stress of the trading situation itself, traders make poorly considered or impulsive choices that create panic or fear. The simplest way to [...]

Something Rotten In DRU’s Chart

Published on 2012-03-26 00:20:53

There was a strange sell off in DRU towards the end of last week that reeks of forced liquidation. Eric Parnell over at Seekling Alpha noticed this and I wanted to do a chart that better illustrates when DRU has a price shock such as it did last week it can spell disaster for the [...]

Stay Grounded In Reality

Published on 2012-03-25 14:04:42

The following is an excerpt from today’s weekend report from All About Trends. Premium members receive daily market commentary, trade ideas, and a concise trading plan. I personally recommend their service. Try it here at 50% off regular price. On Friday we said: “The bull count is looking like we could fly into quarter end, but don’t get [...]

Best Of Computer Hardware Index

Published on 2012-03-25 03:42:57

As a follow up to my Apple article I wrote last week about the impending pullback in that sector, I wanted to draw your attention to the Computer Hardware Index and the ridiculous state of overbought it is in as one more reason to expect a pullback not just in Apple, but in this whole sector. And [...]

“Keep it Simple” ~ Market Veteran Justin Mamis

Published on 2012-03-24 12:52:42

Justin Mamis And The Meaning Of Life Good interview above with a market veteran where he discuss which indicators he likes/dislikes. So what you’re saying is that people need to develop their subjective skills more than their objective skills.  I think that’s simply put, but yes. That’s why some people are no good at this. [...]

Stocks To Watch For Follow Through

Published on 2012-03-23 22:13:46

Here are 3 stocks I’ve added to my real time watchlist of momentum stocks over at Stockcharts. You don’t have to be a member to view it and if you are a Stockcharts member it would be cool if you voted or followed it so it gains more exposure on the site. Earnings were the [...]

Ron Paul On The Tonight Show

Published on 2012-03-23 14:05:36

No presidential candidate is perfect, but Paul has integrity and the most consistent message. We all complain about how the Government manipulates the markets, therefore we need Gov’t to get smaller. Audit the Fed and take them out of the equation. The solution seems so easy to me. behavioral targeting

If You Can’t Beat ‘Em….

Published on 2012-03-14 01:41:54

In all seriousness, the banking sector appears to have experienced a legit breakout. These are the two stocks I like the best to play some momentum trades on an intraday pullback. Here is my public watchlist on stockcharts that I update daily with the strongest stocks in the market. They also have a new feature [...]

Market Timing Update: Sidelines

Published on 2012-03-13 19:17:30

Mama said there’d be days like this… Here is what I sent out to subscribers shortly after the market close to enable anyone to place an after-hours trade. If you would like to receive more timely updates on my timing signal, you can subscribe for free at zentrader.net I took half off my shorts with about 30 [...]

Gotta Give These Markets Credit

Published on 2012-03-12 20:15:37

…Their resiliency is quite impressive. Finished flat on the day with my EWC short up, but my positions are starting to be a concern. I’ve seen this lots of time with my timing signal where one has to sit through a period of melt up, but it’s never easy.

Dispute Between Mobile Marketing Leaders

Published on 2012-03-11 21:12:33

The following is a guest post by fellow investor mobile guru, whose interest lie within the mobile revolution, start-ups & IPO’s, and intellectual property. Augme Technologies (AUGT), one of the mobile marketing emerging leaders took direct aim at its competitor Velti (VELT) on Friday. Augme Technologies filed suit for patent infringement citing three separate patents(6,594,691,7,269,636,7,783,721) on Friday in [...]

Rangebound or Down

Published on 2012-03-11 12:56:24

We’ve talked numerous times around here about how consolidations or corrections can occur in two forms, that being sideways or down. Sideways could actually be construed as a bullish correction. I know I know ,sounds weird and like an oxymoron, but it is what it is. Upon looking at the daily index charts I can see a few [...]

Canadian Stock Market Outlook: Bearish

Published on 2012-03-10 13:56:35

I’m starting to apply my timing signal to the TSX and it issued a sell signal on Friday. I would have taken a position in EWC if I would have realized the fresh sell signal had triggered but I was occupied and missed the trade. I think it’ll be fine and we’ll have the opportunity [...]

Follow Your Trading Plan

Published on 2012-03-09 01:24:38

Option Trading Basics

Published on 2012-03-08 16:07:24

The following is a post by Christopher Ebert, who uses his engineering background to mix and match options as a means of preserving portfolio wealth while outpacing inflation. He studies options daily, trades options almost exclusively, and enjoys sharing his experiences with anyone who is interested. Options are a complex subject, and there are many experienced [...]

Dr. Copper Looks Sick

Published on 2012-03-08 08:49:18

Copper has been forming a short term top over the last couple of months and is now in a rising bearish wedge at resistance. Volume has been rising on down weeks ever since the big sell off of last year. Keep your eye on the $3.90-4.00 level because if copper can break thru there than [...]

One “Buy The Dip” Perspective

Published on 2012-03-07 16:19:21

The following is an excerpt from today’s mid-day report from All About Trends, who teach traders how to achieve a rising equity curve. As a premium member for $15/month (50% off) you can expect to receive daily trade ideas,market analysis, and a concise trading plan for all their trades. I approve of their stock selection and highly [...]

Added To Shorts Today

Published on 2012-03-07 10:57:13

While there may be a little more upside left I decided to add to my short positions from Monday. I don’t want to get to cute and miss what I think could be a decent correction in the markets. Maybe we go up to 50 ema on the 60 min chart. Maybe we go to 60 [...]

All Signs Point To Further Weakness

Published on 2012-03-06 20:06:49

You don’t have to be a member of StockCharts to view my public watchlist and it does update in real time. StockCharts Momentum Watchlist

You Are The Product To Social Networks

Published on 2012-03-06 12:05:05

Companies mentioned in visual below. They are getting rich off of our privacy and I think this is a very timely piece with all the hoopla surrounding GOOG privacy policy, or lack thereof. Created by: OnlineMarketingDegree.com

Market Timing Signal: Short

Published on 2012-03-05 20:47:15

Last three months of timing signal.

Commodities Have Further To Fall

Published on 2012-03-04 22:49:25

However I don’t think the pullback will be that severe as there does seem to be decent support in the $850 area. It’s also worth noting the last time in October when the sell off reached it’s worst levels, the RSI remained above 30 – which is a sign of strength.

Tech Stock In Focus

Published on 2012-03-03 20:28:53

Below is an example of a stock pick that we didn’t include in this weeks newsletter for Astrology Traders because we already had plenty of content. We offer a 14 day grace period to ask for a full refund, no questions asked. I thought I’d share it as Karen sees big things for the Technology [...]

Market Internals Not Confirming Rally

Published on 2012-03-02 22:41:20

This could end up being a significant tell that this rally is going to end badly. You can see that we’re hitting new multi-year highs on the Nasdaq, but the percentage of stocks above their 200 moving average are lower than where they were in 2011 (when the Nasdaq was lower than where it is [...]

Stocktouch App For Traders

Published on 2012-03-02 09:36:13

I just got this app from Stocktouch the other day and will have a review on my thoughts about it’s ease of use and practicality for traders in a week or two. Good timing as I’ll be travelling next week to watch my daughter play in the BC Provincial Playoffs. Last year they came in [...]

2 Bullish IPO’s To Watch

Published on 2012-03-01 23:19:15

Overbought yes, but these are 2 stocks to definitely watch. I could have thrown ZNGA in this list but these are lesser known and I’m sure ZNGA is already on your watchlist if you trade momentum stocks. No follow through for the bears lessens the shock factor of yesterday’s sell off. Maybe we’ll get to Dow 116,200.

More Of The Same Today

Published on 2012-03-01 17:51:34

The following is an excerpt from today’s mid-day report from All About Trends, who teach traders how to achieve consistent gains through stock selection and daily trading education. As a premium member for $15/month (50% the regular price) you can expect to receive daily trade ideas and market analysis, along with a concise trading plan for each trade [...]

Feels Like Fear Is Creeping In

Published on 2012-02-29 20:30:49

Canadian dollar continues to ratchet up to each new target that is set. Video Below

“Banks Run the Country….Just Kidding?”

Published on 2012-02-29 12:13:43

The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Check out Astrology Traders for specific dates and in-depth analysis of future events in the various markets she covers. In my October 30, 2011 update for my Astrology Traders subscribers I wrote the following. “Regarding the power elite and harsh transits with [...]

2 Dividend Stocks Approaching Support

Published on 2012-02-29 00:17:10

Both of these could fall a little bit further before I would classify them as a buy, but they are starting to get into an area where they have previously bounced.

Financial Astrology: 1:1 Silver to Gold Ratio

Published on 2012-02-28 10:04:51

Over the next decade there are a series of eclipses and rare planetary alignments that could increase the odds for silver to reach parity with gold.  In the next couple of months we could begin to see more movement of gold investors into silver and the possibility of a new silver coinage law getting passed.  [...]

Was Today Bullish or Bearish?

Published on 2012-02-27 20:03:47

One could argue both points. Yes the dip was bought, however the trend is obviously weakening and the RSI is showing quite a bit of negative divergence. Bias is in the eyes of the beholder. One other thing I wanted to point out on the beige and green chart of the Nasdaq. Look at the [...]

Japan’s Bond Market

Published on 2012-02-27 01:46:38

The following is an except from this weeks premium service by Karen Starich, who uses astrology to forecast events in the financial markets. Learn how Astrology Traders can give you an unparalleled edge in trading. The hopes of speculators shorting the Japanese bond market on reports that the economy is in a doomsday scenario may get spoiled.  Recently Kyle [...]

Weekly Bigger Picture

Published on 2012-02-26 14:39:29

The following is an excerpt from the weekend’s report from All About Trends, who teach traders how to achieve consistent gains through stock selection and daily trading education. If you are interested to know which stock was added to the long watchlist you can click the following link and experience this for 50% off [...]

Major Breakout In WTIC

Published on 2012-02-25 22:41:17

This appears to be going much higher after a recent breakout of a diamond pattern. Yes it’s a bit obscure to draw a diamond pattern this big, but the boundaries fit and the pattern just emerged one day when I was looking at the long term chart of Oil trying to determine key ranges. Confirmation [...]

Swing Trade Setup – SIMO

Published on 2012-02-25 08:56:58

What I like about this setup: Strong weekly where RSI has stayed above 40 Stayed above any significant support levels Previous leader that could be forming next base (indicated in yellow) to rise out of What could go wrong: I would view it a negative if we fell below 61.8% Fibonacci Lack of catalyst to stop [...]

Slowly But Surely For The Financials

Published on 2012-02-24 16:37:30

Today the market stalled heading into the close, but at this point I think it’s going to take some sort of blow off top to put an ending to this upward grind. It feels like everyday is some sort of twisted groudhog day for the bears as every threat of a downward move is thwarted [...]

Gold Market Putting In A Top?

Published on 2012-02-23 11:56:00

From a time cycle perspective the gold markets have already topped as each of these cycles corresponded to an appropriate top in the gold market. I’m as bullish on gold as the next guy but the chart is what it is and one shouldn’t turn a blind eye. Until this sets a new high one [...]

Chart of the Day – Nasdaq

Published on 2012-02-22 23:00:13

The following is an excerpt from today’s mid-day report from All About Trends, who teach traders how to achieve consistent gains through stock selection and daily trading education. As a premium member for $15/month (50% the regular price) you can expect to receive daily trade ideas and market analysis, along with a concise trading plan for each trade [...]

Bonds In Focus

Published on 2012-02-22 13:23:32

The following is an excerpt regarding TBT from Astrology Traders newsletter that was sent out Feb 12. We’ve seen the up move back to resistance within the time frame she forecasted and with today’s pullback I view this as a buying opportunity. Disclosure – I personally added shares to my account at a cost basis [...]

Trade Setups – MDCO, EFX

Published on 2012-02-22 08:10:39

TSX Averted Major Sell Signal

Published on 2012-02-21 21:27:37

Microcap Mobile Index Off To Fast Start in 2012

Published on 2012-02-20 11:40:59

In early January, I created a Microcap Mobile Index consisting of stocks that have market capitalizations under $1B and a price over $1 that covered the companies below. Let’s take a look at how the group has performed year to date versus the NASDAQ composite. Impressively, the Mobile index racked up a 32% year to date [...]

Astrology: A Ron Paul Victory

Published on 2012-02-19 19:43:31

Ron Paul, in his 3rd run for President of the United States, has been almost completely ignored by the media while continuing to gain momentum in his campaign.   For decades Ron has been an outspoken critic of the Federal Reserve banking system and a proponent for the return to a gold standard.  He has [...]

Trade Setup – ELGX

Published on 2012-02-19 12:20:31

Long trade in the 12.30 area. Stop on a close below daily bollinger band. Related Posts: Trade Setup – QCOR Climax Top In Apple TSX Close To Major Sell Signal

Judge Napolitano Tells It Like It Is…

Published on 2012-02-18 18:15:25

…and it gets him fired. Not cool Fox news. All you did and the message that you sent is that you didn’t like Judge Napolitano letting the political cat out of the bag so you canned him. Personally I agree with everything he says in this video and it’s nice to see someone echoing what [...]

Astrology: About that Netfix Collapse….Again?

Published on 2012-02-17 22:39:53

The following is by Karen Starich, who uses astrology to forecast events in the financial markets. Learn how Astrology Traders can give you an unparalleled edge in trading. Last September my interest in Netflix (NFLX) was peaked when suddenly the stock slid more than 50% in 2 months.  I checked the Astrology chart for the company when Jeff [...]

Trade Setup – QCOR

Published on 2012-02-17 08:28:32

Long trade in the 31.20 – 30.65 area. Stop on a close below weekly bollinger band. Earnings could be next catalyst for the uptrend to resume.

Oil Poised For Upside Move

Published on 2012-02-16 23:48:59

Oil is looking like it’s going to bust to the upside any day now. It’s forming a wedge on many different timeframes and the ADX on the daily and weekly are both low that if it does breakout it could make a large move in that direction. ADX identifies the strength of a trend and [...]

Louie Schwartzberg on Gratitude

Published on 2012-02-16 16:49:22

Nature is a thing of beauty amplified when viewed through these time lapsed photos. This is a must see video to be reminded of the simple things in life. “You think this is just another day in your life, it’s not just another day. It’s the one day that is given to you… today. It’s [...]

Market Timing Call: Sidelines

Published on 2012-02-15 23:54:37

Momentum Watchlist on Stockcharts that I mention in the video. Chart of the day

Climax Top In Apple

Published on 2012-02-15 18:03:06

The following is an excerpt from today’s mid-day report from All About Trends, who teach traders how to achieve consistent gains through stock selection and daily trading education. When you become a premium member for $15/month (50% the regular price) you can expect to receive daily trade ideas and market analysis, along with a concise trading plan for [...]

Nasdaq Bounces Off Trendline

Published on 2012-02-15 00:44:11

“If you want to change your experience of the markets from fearful to confident, if you want to change your result from an erratic equity curve to a steadily rising one, the first step is to embrace the responsibility and stop expecting the market to give you anything or do anything for you.” ~ Mark [...]

The Many Pitfalls Of Selling Covered Calls

Published on 2012-02-14 15:29:25

The following is a post by Christopher Ebert, who uses his engineering background to mix and match options as a means of preserving portfolio wealth while outpacing inflation. He studies options daily, trades options almost exclusively, and enjoys sharing his experiences with anyone who is interested. Do You Want Fries with Your Covered Call? A [...]

New Leg Up Coming?

Published on 2012-02-13 23:00:32

TipTrades Alert Service Membership Giveaway

Published on 2012-02-13 12:55:07

In anticipation of next months launch of Wall St Daily Deals I have a free basic membership for the TipTrades service (valued at $120/year). They have 3 levels of memberships as seen here. Take a look around the website to see if this is a tool you think you may find useful, and check below [...]

Bollinger on Bollinger Bands

Published on 0000-00-00 00:00:00

It seems like after you read many of the general classics in trading and in your specialized market of choice, there doesn’t seem to be  much new under the sun. It’s rare to come across a book that you absolutely must add to your colle

7 Dead Cat Bounce Plays

Published on 0000-00-00 00:00:00

These are complete pure oversold plays where the 4 day exponential moving average has moved outside the lower keltner channel, which is traditionally a time when a stock or index can bounce. Add in the oversold nature of the markets and these could

Market Astrology: June 12, 2011

Published on 0000-00-00 00:00:00

The following is a guest posts by Karen Starich, who uses astrology to forecast events in the markets. I believe her unique insights will provide an alternative view to the markets, in particular the precious metals sector, as her field of study is

Markets Could Spiral Out of Control

Published on 0000-00-00 00:00:00

Support lies a good 100 points below on the Nasdaq which is considerable more for the Dow. Cash is the best position unless you were fortunate enough to be short.

Three Line Break Charts Help With Volatility

Published on 0000-00-00 00:00:00

Lately I’ve been utilizing the three line break chart view in my research as it allows me to see trends a little more clearly with the ability to avoid whipsaws. Steve Nison describes this alternative chart view as: “The three-line break char

Pandora’s IPO Could Be Opening Pandora’s Box

Published on 0000-00-00 00:00:00

The following is a guest post by a fellow investor (mobile guru) whose interest lie within the mobile space. It is said that when opening up Pandora’s Box what you find may seem very valuable, but it also may turn out to inflict a lot of pain and s

Phosphate: An Essential Part of the Food Equation

Published on 0000-00-00 00:00:00

The following is a guest post by a fellow investor (mobile guru) whose interest lie within the mobile space. I was playing catch up over the weekend on some reading when I came across an intriguing article by Jack Lifton on the Phosphate market: Feed

Regarding This Morning’s Weakness

Published on 0000-00-00 00:00:00

I find it worth noting that both the Dow and the Nasdaq have bounced off of key support levels this morning that I had previously drawn on my charts. Using that knowledge in the context of my timing signal, it’s not safe to buy the dip as I wou

TSX is Looking Bearish

Published on 0000-00-00 00:00:00

I’m bearish on the Toronto Stock Exchange (TSX) as of today’s close and will be looking to short it via Canadian ishares (EWC). Precious metals are weighing this index down significantly and I think it’s getting close to having a

Using Some Discretion This Time Around

Published on 0000-00-00 00:00:00

It’s always important to adapt as the market changes and sends you mixed signals. Even with my timing signal being long, my “spider sense” is tingling and am all cash except for my position in CORN. This video will explain what I

Remain Flexible in Volatile Times

Published on 0000-00-00 00:00:00

What a miserable day for trend traders on the general indexes. The only consolation for myself is that I was mostly in cash heading into today (except for a position in CORN). As I go into more detail in the video below, everything has reversed (agai

Tuesday Could Set The Tone for the Week

Published on 0000-00-00 00:00:00

Tuesday morning update: covered half of my shorts 30 minutes into the trading day. I’m not going to fight this morning’s strength and will wait for EOD to see if signal changes. Update: Shows you how much I’m with it….Markets

Bacterin is a Biotech Heading Towards Profitability

Published on 0000-00-00 00:00:00

The following is a guest post by a fellow investor (mobile guru) whose interest lie within the mobile space. In a previous article I had discussed Rockwell Medical Technologies (RMTI) and its potential movement based on a new drug approval as well as

Jim Rogers Unplugged

Published on 0000-00-00 00:00:00

This is a entertaining 2 part interview with Jim Rogers where I often found the host to be extremely ignorant with ridiculous assumptions and opinions. Right off the bat he accuses Jim of being in the “middle of the curve” because his bia

Market Timing Signal Flashes Buy

Published on 0000-00-00 00:00:00

How’s this for a double confirmation of a my market timing signal. Spyder Crushers Trade Timer also turned bullish today, well…actually it flipped on Friday, but he missed it (to much partying..ha ha). Mine would have flipped on Friday, b

Motivational Speech “I Am A Champion”

Published on 0000-00-00 00:00:00

The first few seconds you may be inclined to click away due to the low quality of the recording, but this speech is quite good. I’m always on the lookout for this sort of positive material for my daughter who plays provincial level basketball a

The New Sell and Sell Short is a Winner

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. The New Sell and Sell Short (Wiley Trading) by Alexander Elder How To Take Profits, Cut Losses, and Benefit From Price Declines I am pleased that Dr. Elder took the time to update this gem of a book de

Using ATR + Bollinger Bands to Anticipate Moves

Published on 0000-00-00 00:00:00

The Dow remains stuck in a down trending channel and has found resistance at the RSI 60 level the past 3 attempts to break through. The 2nd chart I want you to focus on the relationship of the 3 indexes to the Keltner Channels and notice that they co

Expecting More Weakness Despite Bounce

Published on 0000-00-00 00:00:00

Market internals are confirming this move lower as the number of stocks on the Nasdaq that are above their 200 moving average are falling fast.

Reader Analysis Request: Silver and Oil

Published on 0000-00-00 00:00:00

This post is in response to a reader’s question concerning what I’m seeing in the silver and oil markets. The first chart is a daily three line break chart showing an rising trendline support near the $92 area, which coincides with previo

Waiting for a Short Entry on TSX

Published on 0000-00-00 00:00:00

I know I spend a lot of time covering the US markets, and I wanted to take some time to do an update on the TSX. As I point out in the video I believe this bounce will be short lived, given the many confluence points that are lining up in the bears f

Alternative Nasdaq Summation Chart

Published on 0000-00-00 00:00:00

This is a neat chart used to confirm weakness or strength in the market. Basically when the Nasdaq Summation goes above or below the bollinger band then a strong trend has emerged. Use the ADX  to confirm that trend and Bollinger Band Width indicato

The Importance of Having a Trading Plan

Published on 0000-00-00 00:00:00

The following is a true phone conversation I had with a good friend of mine during the fall of 07′, after I had learned that he started trading. My words are italicized and I’ve changed his name. “So you started trading, what market

Bonds Look Surprisingly Bullish…

Published on 0000-00-00 00:00:00

…but most other asset classes look like they’re in the dumps. According to Stockcharts, McClellan Summation Index is a breadth indicator derived the McClellan Oscillator, which is a breadth indicator based on Net Advances (advancing issue

Metal Charts with Three Line Break View

Published on 0000-00-00 00:00:00

If there is a market you want to see a chart view with the 3 Line break, leave me a comment below and I’ll try and add to this post if I have time. I’m curious if any of you have dipped your toes in any of these markets? From my standpoin

The Truth About Day Trading Stocks

Published on 0000-00-00 00:00:00

The Truth About Day Trading Stocks: A Cautionary Tale About Hard Challenges and What It Takes To Succeed (Wiley Trading) If you are searching for a book that will get you started in day trading, this is it. Josh DiPietro will give you the straight tr

Coming Attraction Wedding Proposal

Published on 0000-00-00 00:00:00

I’m glad I’m already married because it’s just not enough to ask the old fashioned way for a girl’s hand in marriage. You’ve got to be extremely creative to get the girl these days! I must admit this is pretty cool to se

Bulls Have a Chance to Steal Momentum

Published on 0000-00-00 00:00:00

The inability of the markets to fall could put the bearish call in jeopardy. Everything still points down, but if we have a strong rally tomorrow it would take us back to where the timing signal went negative and ultimately could cause it to flip bac

Stay Away From the Dollar

Published on 0000-00-00 00:00:00

I’m not sure why everyone seems to bea dollar bull these days. When you look at the chart below it’s still on life support as it’s just barely made it back to resistance, which is the lower trendline of the massive 3 year symmetrica

“Silver in a Structural Bull Market” ~Yamada

Published on 0000-00-00 00:00:00

The area where I think real panic will hit is the $26.50-28.50 area. I also think that will be where support lies for this precious metal.

Late Rally Gives Bulls Hope

Published on 0000-00-00 00:00:00

Unless we have some follow through over the next couple of days, the late day buying today will be meaningless and as of right now I believe we’re heading lower based on the charts I’m seeing. Actually, a bounce is almost preferred to set

Time Could Be Up for the S&P Bull

Published on 0000-00-00 00:00:00

Below is a very telling chart from Hussman Funds that suggests the current bull market we’re in starting in 2009 could be just about over based on the fact that we’re 17% over the average bull market percentage return. In my experience, u

Strikes Against Nasdaq Adding Up

Published on 0000-00-00 00:00:00

I sort of got cut off at the end but I was just going to say that we may get a temporary bounce when the Nasdaq reaches it’s lower Bollinger Band, but not enough that I will cover all my shorts. I’ll just start to trim some then. The mark

15 Classic Trading Rules

Published on 0000-00-00 00:00:00

The following trading rules come from a seminar inside  Trend TV where the speaker, William Greenspan, goes over some of the more essential rules that traders should follow to attain the success their looking for. The classics are some of the most

Bond and Anti-Bond Update

Published on 0000-00-00 00:00:00

Observations: TBT – This is almost a picture perfect pattern that demonstrates the power of support and resistance. Given that it was rejected on the price chart at resistance and the RSI indicator at 60, and the moving averages are all pointin

Bloggers Turning Bearish

Published on 0000-00-00 00:00:00

@tickertape produced a great video…must watch,  telling you to get out of the markets. @spyder_crusher remains bearish @dougkass has a high sell short position betting the markets are getting ready to drop Tickersense’s blogger sentiment

Looking for Follow Through on Monday

Published on 0000-00-00 00:00:00

The market looks to be setting up with the head and shoulder pattern on the 60 min chart on the Nasdaq. Watch to see if it can follow through with weakness in the first part of next week and if it fails to follow through could be a big plus for the b

My Thoughts on Silver and Gold

Published on 0000-00-00 00:00:00

As you can see by the 3 line break chart in weekly view, the trend has obviously changed in silver. I would not be buying these dips as you’re most likely going to be straddled with losses very fast. If you do want to get into silver, I suggest

Four Weekly Breakouts Driven By Earnings

Published on 0000-00-00 00:00:00

I like the following stocks on their weekly and daily charts and if this market does break new ground on the Nasdaq in the coming days these names should be strong. I’m seeing a trend in the software related stocks. AZPN – software/progra

Market Timing Signal: Down

Published on 0000-00-00 00:00:00

The investing climate has shifted after the failure of the markets to follow through on yesterday’s strength. Prudent investors should be 100% in cash if they don’t want to short the indexes, which I did in the after hours market, while a

Focus Shifts Back to Long Trade

Published on 0000-00-00 00:00:00

As of today’s close the markets are still a hold, but I expect my timing signal to turn up if we have another day like today. The indexes looks great and are behaving as if this is nothing more than a bump in the bull’s road. Get your lon

Oil, Bonds, and the Dollar in Charts

Published on 0000-00-00 00:00:00

A few random thoughts in the form of charts and annotations.

We All Need High Probability Trading Strategies

Published on 0000-00-00 00:00:00

The following is a book review of Robert Miner’s High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets (Wiley Trading). The market is a dynamic place where emotions change in an instant and to hav

Optimizing My Market Timing Signal

Published on 0000-00-00 00:00:00

I didn’t have time to include this chart in the video that shows a continued decline in he stocks above the 50 day moving average in the S&P since October of last year. You can see the chart of the S&P below and the rising trendline tha

Phase III Trials Could Be Explosive for RMTI

Published on 0000-00-00 00:00:00

The following is a guest post by a fellow investor (mobile guru) whose interest lie within the mobile space. I have always found the largest gains in the Biotech arena are made once a company moves into Phase III testing on a potential blockbuster

Silver Chart Since ’99

Published on 0000-00-00 00:00:00

Just an few observations. Silver is still up over 10% for the year and we still have a lot of year left. Anybody who tells you the bull is dead in silver is making a baseless conclusion and is more interested in making predictions than trading. There

It’s All About the Earnings

Published on 0000-00-00 00:00:00

Via Bespoke. If you look at the six earnings quarters you’ll start to see the stair step decline down, which can’t be good for the markets. More than 1,800 companies have already reported their quarterly numbers this season, and with so f

Timing Signal is Close to Turning

Published on 0000-00-00 00:00:00

I’ll start off with the positives in the markets and it begins with the Semiconductors index (SMH). At one time today it appeared as if semi’s were going to break out, but a bout of late day selling from the major indexes caused this to g

I’m Becoming Less Bullish

Published on 0000-00-00 00:00:00

I don’t have much to say except that I’m getting less bullish as each day passes. This longer time frame of the Nasdaq shows a bearish wedge forming and a break below will probably send this index back around the 2600 level. Do I think th

Retail Gas Prices vs Light Crude

Published on 0000-00-00 00:00:00

If you ever thought that the price of gas goes up faster than the price of oil you are correct. Below are oil and gas charted over the same time period and you can see how the two are close in correlation, but gas moves just a little bit more quicke

No Reason To Panic At This Point

Published on 0000-00-00 00:00:00

Tech problems with WordPress tonight so I couldn’t upload the video, but I did post it on Twitter. Despite 2 days of selling the Dow has held up very well and there’s really no reason to think that buying the dips isn’t the best str

Things I Didn’t Like About Today

Published on 0000-00-00 00:00:00

Sell off on what the media portrays as “good news”. Individual stocks in my watchlist behaving poorly Stocks I own performing just plain bad One quality breakout added to my watchlist (see chart below) Volume was lighter on the Nas

Five Earnings Winners….

Published on 0000-00-00 00:00:00

…that should outperform many other stocks over the next one-three months. They’re all breaking out to new highs, clearning important previous levels of resistance, and investors loved their earnings reports based on this weeks price actio

Rubber Bands Keeps Getting Stretched

Published on 0000-00-00 00:00:00

The S&P could squeeze a little bit more out of the rally if you look at the RSI. What you can’t see is the rest of the chart as I only have so much room before it all looks like a bunched mess of candlesticks, but the top line above the RSI

Markets Overbought, But Could Go Higher

Published on 0000-00-00 00:00:00

This week is going to be interesting to see if the markets have a much needed pullback. I almost get the impression that a lot of traders are expecting that and while so many of my indicators are aligned with that thinking, the market never does what

AAII Sentiment Remains Contained

Published on 0000-00-00 00:00:00

Here are a couple of interesting charts with the first coming from DShort (click to enlarge) that shows just how far we’ve really come off the 08′ lows. It’s really anybody’s guess how far we’re going to continue to go u

A Trader’s First Book on Commodities

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. A Trader’s First Book on Commodities: An Introduction to the World’s Fasting Growing Market by Carley Garner With the current high-inflationary environment  in precious metals, oil, and fo

Sector Strength: Healthcare

Published on 0000-00-00 00:00:00

A common theme among the stocks that have been displaying momentum in recent days have been in the healthcare sector. Now I don’t know exactly why they’re moving at this point, but I’m fairly sure that these stocks will be higher in

Another Day, Another White Candle

Published on 0000-00-00 00:00:00

More of the same today as the markets grind higher.  One signal I mentioned in yesterday’s video to watch for to indicate an overbought level is the 4 ema moving above above the upper bollinger and as of today’s close they are at par. Hi

No Trading on the Eve of the Fed

Published on 0000-00-00 00:00:00

Tomorrow’s Fed meeting seems to have extra importance with the will they or won’t they continue with their quantitative ways. I’m continuing to sit on the sidelines to see how this all plays out as my focus list of stocks I’m

Bulls Are Firmly in Control

Published on 0000-00-00 00:00:00

I almost forget to share this chart of the Nasdaq Advance/Decline Volume chart to show how the market internals are beginning to reflect bullish action. Now that it’s broke through the previous peak of 14011 in April, it looks like the February

In Remembrance of Samantha Wong

Published on 0000-00-00 00:00:00

The following is a post from my wife Maria (@cruz_girl). My brother lost the love of his life, Samantha, to lupus. Samantha was diagnosed in 2005 but lived a very full and active life until November 3, 2010 when she walked into Vancouver General Hosp

Market Timing Call: Up

Published on 0000-00-00 00:00:00

My market timing signal did indeed switch today officially, therefore it’s safe to buy momentum stocks. It’s ironic and somewhat questionable that the signal flips on such a low volume move, but a signal change is a signal change, and the

Anatomy of a Blown Market Timing Call

Published on 0000-00-00 00:00:00

Wed April 13th – Market timing signal turns bearish. I get short immediately after the close. Fri  April 15th – I double down near the close as I believe the bounce to be weak and that the market will fall in the coming week. Here’

Focus on Strength, but Beware the Fed

Published on 0000-00-00 00:00:00

A few of the market leaders that showed up on my scans over the weekend. I’ll probably be a market observer tomorrow and wait for my signal to confirm an upside signal. Besides, given the strength in the markets Here are the sector leaders as I

William Gann, Astrology, and Tunnels

Published on 0000-00-00 00:00:00

These quotes are out of 2001 issue of Tradersworld in the article (pgs 25-28) entitled “The Time Factor of W.D. Gann”. Now I don’t know a whole lot about Gann, but the guy is anything short of boring. This article also talks a lot a

How Big Is The Facebook Effect?

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. The Facebook Effect: The Inside Story of the Company That is Connecting the World We are still at the infancy stage of the Internet transforming into the Social Internet. As investors wait for this com

Going All In: Poker vs US Gov’t

Published on 0000-00-00 00:00:00

I’m not much of a gambler and I find casinos incredible sad for the most part, but you can’t argue the similarities between poker and trading. Below are some of my favorite quotes from this short video that is well worth viewing. “I

I Did Not See Today Coming

Published on 0000-00-00 00:00:00

Mama said there would be days like today…Nice solid volume, everything looks uber good for a follow through. Let’s see if it happens. If so, then it’ll be good times ahead for the bulls.

Wednesday Momentum Stocks

Published on 0000-00-00 00:00:00

Here are a few of the standouts today that I think could do well if the market has a follow through day tomorrow, which despite still owning contras, I believe the market has the momentum to do so. Just remember the Fed meets next week and that could

Today’s Rally Was Meaningless…

Published on 0000-00-00 00:00:00

…when you consider the deterioration of the Nasdaq advance/decline line. It continues to make lower highs and the -DI of the ADX is on top and looks to be ready to break out of the recent consolidation. The RSI turned back near the bearish 60 l

What Are People Really Saying

Published on 0000-00-00 00:00:00

This is a neat video that goes into detail about what body language and gestures really are saying about how individuals feel.

Dip Buyers Could Be In Trouble

Published on 0000-00-00 00:00:00

If you are a regular reader of this blog and a short term trader, you had no business holding any long positions over the weekend. My timing signal, indicated by the red arrow, switched to down last week and Friday’s advance was quite weak. In

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

The Psychology of Selling – “We like to follow the crowd, we favour familiarity, we tend to go with default settings rather than making individual changes and we instinctively put all our eggs in one basket.” 4 Psychological Traps T

Full Moon Could Stall the Rally

Published on 0000-00-00 00:00:00

I realize as a short term trader it feels like everyday is a pivotal day, but I think tomorrow will be unique as my timing signal could turn back to bullish and we have a full moon, which recent months have been turning points. The video below will g

Two Stock Picks That Could Find Support

Published on 0000-00-00 00:00:00

The market did help itself with Friday’s rally however my timing system remains bearish/neutral. Should the market firm up on Monday it could be enough to flip it back to bullish. Lately the best way to play the markets has been to buy the bull

Google Mobile Revenue Blazing Despite Earnings

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. Last week Google (GOOG) reported first quarter earnings which included $8.58B in gross revenues , 27% ahead of last year and A 15% net increase income of $2.8B. Despite these solid numbers the stock was p

Ending of QE2 Will Have Consequences

Published on 0000-00-00 00:00:00

The following is a macroeconomic view of the current market from fellow Canadian investor Nicholas Marriot, who primarily invests based on fundamentals when leading stocks incur a significant pullback. Before we get to that, I want to revisit his p

Trading Wisdom Via Linda Raschke

Published on 0000-00-00 00:00:00

It’s important as a trader to always be studying and sharpening your skills. Here is a short video jammed packed with concepts from Linda Raschke that all traders can use in their trading plan. Key concepts from the video: The fewer decisions t

Market Update for 4.14.11

Published on 0000-00-00 00:00:00

Precious metals and oils rebounded and the markets came back from the dead to close near the day’s highs, however nothing changes in my book in terms of where I think this market is headed. We may go a little higher, but there seems to be a lac

How to Develop a Money Management System

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. A Trader’s Money Management System: -How to Ensure Profit and Avoid the Risk of Ruin (Wiley Trading) by Bennett A. McDowell. If you are serious about being a profitable stock trader then this boo

Market Call: Confirmed Down

Published on 0000-00-00 00:00:00

At the end of this post is the market video update for today. If you would like this timing signal delivered to your inbox in a more timely manner then be sure to subscribe to my free newsletter on your right. I included the 2 charts below because I

A Decidedly Negative Day

Published on 0000-00-00 00:00:00

There are a number of things that I didn’t like about today, with the top of the list being that my market timing signal gave a preliminary sell signal. The signal needs tomorrow to confirm to avoid any whipsaws and I’d say the odds are v

Three Recent Leaders Nearing Support

Published on 0000-00-00 00:00:00

I’m gathering a list of stocks that would be good long term buys, where one could buy some leaps or call options with the goal of holding them for a longer period of time. Basically these are recent leaders that have gotten smashed on the daily

Sold the Open, Bought the Close

Published on 0000-00-00 00:00:00

At the open I exited my long etf’s as I had a sense that today’s opening gains weren’t going to hold. I actually thought today’s selling would intensify and when that didn’t happened I reentered those same trades at cons

Strong Case For Bulls & Bears

Published on 0000-00-00 00:00:00

In an attempt to remain unbiased I did two videos today. One highlighting what I see that is bullish for the markets, and another where I point out some charts that could be trouble for the markets. I suspect the open will be volatile as traders dige

Sentiment Charts Not in Bull’s Corner

Published on 0000-00-00 00:00:00

The sentiment charts from Market Harmonics are stretched and it appears as if it’s going to be hard for the bulls to make much more headway with so much bullishness already priced in. “Experience is not what happens to you; it’s wha

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Recently Discovered Video Interview with Seth Klarman – Buffett says one of the few he would feel comfortable managing his money is Klarman Bears Give Up- Biggest switch in sentiment in 7 years (look for more of this in the media) Demystifying

Consolidation Could Be Almost Over

Published on 0000-00-00 00:00:00

At the end of the video I provide a list of the stocks that I’m watching to add on weakness. After moving to the sidelines yesterday I used this mornings to pick up some stocks that had fallen enough to be attractive after the last 2 days of in

Dominance of Mobile Technologies, Patents, & Intellectual Property

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. Back in November I wrote an article at Seeking Alpha entitled Top 4 Mobile Acquisition Picks for 2011. Three of these stocks AUGT, GLUU, and VHC have vastly outperformed the general indexes. In it I disc

When to Sell Your Gold & Silver

Published on 0000-00-00 00:00:00

With gold and silver zooming to the moon, it’s always good to take a step back and get some perspective on when one should sell their precious metals. This video gives some very clear concepts that are also educational on the history of the gol

Failure to Hold Gains Is a Concern

Published on 0000-00-00 00:00:00

Nightly video update talking about the Nasdaq and the possibility of it losing some of it’s momo. The VIX is sending mixed messages with the RSI stuck in a bear range and a potential bullish wedge forming. The problem with the VIX is that the m

3 Momentum Stocks Rising on Volume

Published on 0000-00-00 00:00:00

S&P Index Thoughts

Published on 0000-00-00 00:00:00

Per Quantifiable Edges: 1st Day of month bullish tendencies have been well documented here and elsewhere. April is an interesting month in that not only is the 1st day typically strong, but since 1994 the first week has performed especially well. I t

Complete Turtle Trader Reviewed

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. The Complete TurtleTrader: The Legend, the Lessons, the Results [Hardcover] If you are curious about the story of the legendary “Turtles”, then this book is for you. If you want to learn h

Timing Charts & Bullish Momentum Picks

Published on 0000-00-00 00:00:00

From my vantage point the Nasdaq is stuck between resistance and a possible gap that could be filled around the 2760 area. Other than some mild overbought readings on various indicators I track, I believe the place to be is long, while keeping some p

Investment Theme – Vacation Stocks

Published on 0000-00-00 00:00:00

Throughout the week I’ve seen a number of bullish stocks in a variety of sectors showing up on my scans. , and I’m starting to see an unlikely theme during one of the worst economic recessions most generations have seen in a long time. It

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Social Media and the Creation of Better Traders - Using social media to your advantage in your trading 10 Reasons The Market is Delusional- This is from February…but interesting nonetheless 7 Reasons Any Investor Should Write - “There are

Stocks > 10ma Bouncing Off Recent Lows

Published on 0000-00-00 00:00:00

Despite the lack of volume on the indexes, we are starting to see the percentage of stocks that trade above their 10day moving average rise back to more bullish levels. I consider the +80 level to be an area where momentum trading is best rewarded an

Don’t Overthink This Market – Stay Long

Published on 0000-00-00 00:00:00

The only real trade here is to be long as shorting here is going against the trend. Difficult as it may be to buy after the market has defied all logic that is what needs to be done. However do it sensibly by scaling into positions and do not outrigh

Discovering Why Stock Markets Crash

Published on 0000-00-00 00:00:00

Why Stock Markets Crash (Wiley Publishing): Critical Events in Complex Financial Systems. Who doesn’t love a good stock market crash? Outside of short term traders, it’s an opportunity to reload your portfolio if you’re a long term

Shelf That Bias as Dow Nears ’11 Highs

Published on 0000-00-00 00:00:00

Today we saw some follow through to yesterday’s timing signal turning bullish. While I realize that there are any number of reasons to doubt this rally (wars, natural disasters weighing on economy, window dressing, light volume)…I could p

Timing Signal Turns Bullish

Published on 0000-00-00 00:00:00

Angry Birds – the movie trailer

Published on 0000-00-00 00:00:00

Funny spoof clip but sort of what’s wrong with society when a video game for your phone becomes this wildly popular. I can almost see this being produced just to capitalize on those who have made the game so popular and can’t resist not g

Monday Momentum

Published on 0000-00-00 00:00:00

If you click the image it’ll be very clear and you can then see which charts interest you. Here are some of the best looking momo charts for today. A couple are lower volume so be careful, but for some volume isn’t an issue.

Mixed Signals Abound

Published on 0000-00-00 00:00:00

The market is keeping it’s cards close to it’s chest and so should you at this point. If you’re a bull it’s easy to assume that the market is going to rebound as that’s what it’s been doing for the last 7 months, b

Best Charts From My Weekend Scans

Published on 0000-00-00 00:00:00

I remain bearish but my signal will be tested early this week if we rally right out of the gates. I always run my bullish scans regardless of what the market is doing because I want to see which stocks are leading the markets as those will be the one

Swiss Franc’s Recent Dominance

Published on 0000-00-00 00:00:00

I am not a currency expert at all, but a chart is a chart and a breakout is a breakout. This is a nearly flawless bullish chart with the only negative being the high volume sell off on Friday. Other than that, this is a chart that should be bought on

Timing Signal Remains Bearish

Published on 0000-00-00 00:00:00

Yes I’ve totally missed this 160 point rally on the Nasdaq and make no excuses. People are buying this market because there’s no good place other than the equities market to stash it. However as long as my signal is bearish I’ll rem

Market Internals Falling as Markets Rebound

Published on 0000-00-00 00:00:00

You can see by these charts and the secondary indicators behind each of these charts that despite the recent rebound in the markets…the internals aren’t rising with the markets and remain well off their highs. I believe that with the rece

Trade The Trader Reviewed

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. Know Your Competition and Find Your Edge For Profitable Trading Trade The Trader (FT Press) is very basic, and the author didn’t deliver any solid trading tactics that one could apply in his/her

Dude…Where’s My Volatility

Published on 0000-00-00 00:00:00

Technically the VIX could  bounce over the next couple of days but since volatility has just about been removed from the markets…short of a selling onslaught tomorrow… the markets may well be in for further upside. My timing signal remai

Precious Metals & TSX Video Update

Published on 0000-00-00 00:00:00

7 year three line break chart 2 month – 60min chart

Midway Through the Seismic Window

Published on 0000-00-00 00:00:00

I saw this video last week and chalked it up to mild conspiratorial entertainment and didn’t think too much of it until I heard the guys at Financial Sense talk about how their preparing for an earthquake as California is on high alert. I consi

Cracks Emerging in the Bear Case

Published on 0000-00-00 00:00:00

If the market is ready to rebound and move higher there will be plenty of opportunities to get long this market. I wouldn’t be too quick to initiate new long positions until the market proves that it’s safe to get back in the market. I re

Start Building Your Long Watchlist

Published on 0000-00-00 00:00:00

Now is the time when you want to start looking for the most resilient stocks and that are hitting new highs, as these are the ones that are going to continue higher whenever this market turns around. It’s also a good time to prune your other wa

More Downside Seems Likely

Published on 0000-00-00 00:00:00

While it’s easy to think that this market has bottomed and is on it’s way up, I am not seeing any bullish signs that would back that theory up. Sometimes it’s hard to pass up what looks like a buying opportunity to play it a little

Why The US Gov’t is a Bad Business Model

Published on 0000-00-00 00:00:00

. Is it too much to ask for a balanced budget? These charts look so overwhelming negative that nothing short of a miracle will we ever be in the surplus again. clipped from www.ritholtz.com clipped from www.ritholtz.com The first chart illustrates ho

What Will This Full Moon Bring?

Published on 0000-00-00 00:00:00

The McClellan Oscillator is really starting to tank, which normally means that there’s more downside ahead. It generally has to form some sort of negative divergence before the markets start to find a bottom. Add in the fact that the % of stock

Japanese Yen Multi-Yr Breakout

Published on 0000-00-00 00:00:00

There aren’t that many bullish charts out there but this is definitely one of them. FXY has broken out to all time highs according to Stockcharts as their chart only goes back to ’07. With today’s gap up it is officially overbought,

Review of Alexander Elder’s Sell and Sell Short

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. Sell and Sell Short (Wiley Trading) by Alexander Elder If you are searching for a book on trading stocks then look no further, this is it. I have been a successful trader for years and read over 160 bo

TSX Issues a Sell Signal

Published on 0000-00-00 00:00:00

Today after the close one of the indexes that has been such a strong performer due to the resource rich lands of Canada has finally weakened to the point that a sell signal has triggered. It’s been down 7/8 past sessions and slightly oversold,

A Glance Around the Globe

Published on 0000-00-00 00:00:00

US Dollar Should Bounce At Support

Published on 0000-00-00 00:00:00

There are two time-frames (wkly/monthly) below of the Dollar that basically show the same thing. The dollar is currently at long term support with multiple indicators suggesting that we’re going to bounce here in the face of erroneous monetary

Markets Will Be Hypersensitive to “News”

Published on 0000-00-00 00:00:00

After completing the double top the Nasdaq started to experience weakness and negative divergence on the RSI foretold the recent declines. Had it not been the tragedy in Japan than was the catalyst it would have been some other macroeconomic news out

Don’t Be a Hero in This Market

Published on 0000-00-00 00:00:00

Even with a late day bounce these markets are very dangerous and have the potential for a big flush out. Look no further than the Nikkei to see how far of a percentage drop is possible when fear takes over trader’s nerves. I’m not having

Divergence in Sentiment Indicator

Published on 0000-00-00 00:00:00

. While the AAII Bullish Sentiment is starting to fall, which could indicate that the markets could be getting ready to bounce, the S&p Sentiment remains near it’s highs. What I take from this chart is that the S&P chart needs to correc

Nasdaq Summation Breaks Support

Published on 0000-00-00 00:00:00

I’ve had mixed success in using this as a market timing indicator. It often gives false signals and you can’t really trust the first signal that is given. However I’m finding that the best way to use this indicator is when negative/

Commodities Join The Correction

Published on 0000-00-00 00:00:00

It was good to see gold and silver join in the fun and hopefully we’ll get that correction in the metals market I’ve been expecting. The TSX has gone from being very strong to technically a train-wreck. Given that we’re at the 40 le

Micro-Trend Trading for Daily Income

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. Using Intra-Day Trading Tactics to Harness the Power of Today’s Volatile Markets Dr. Thomas K. Car’s books title really surprised me. When the volatility in 2008 got really wild and the Dow

Focus on Russia

Published on 0000-00-00 00:00:00

Based on the strength of the 2yr, and the recent breakout on the daily chart, the Russian ETF (RSX) is looking attractive, if it can manage a little bit more of a pullback. I indicated by the aqua box below the area where it would be a good buy based

Using Market Internals to Determine Direction

Published on 0000-00-00 00:00:00

As I was scanning over some of my secondary indicators I noticed a pattern within the ADX indicator on the Nasdaq Advance/Decline that we’ve seen before and I feel is worth paying attention to. I suspect when the coiling that is going on with t

A Hill in Spain

Published on 0000-00-00 00:00:00

He’s no Danny MacAskill, but a close second. I enjoyed the scenery and videography as much as I did the stunt work, but definitely worth a view. Related Posts: Way Back Home (Crazy Stunts) Inspired Bicycles

Market Sell-off Gains Momentum

Published on 0000-00-00 00:00:00

One way to time a top in a particular stock or index is to use the 4ema when it goes over the upper keltner channel. Add in a bearish engulfing candlestick and a declining ADX, and the Toronto Stock Exchange is an index that clearly needs to take a r

There’s a Secular Bull Market Somewhere

Published on 0000-00-00 00:00:00

. These charts remind us of the sideways market that the major indexes have been in for the past decade and the likelihood that the odds are in a sustained move down is waiting for us when all this market manipulation is behind us. clipped from seeki

Financials/Transports To Drag on Markets

Published on 0000-00-00 00:00:00

Since the Nasdaq isn’t giving us to many tells, with daily whipsaws, it’s important to look outside the benchmarks to see if there are any clues to be found as to which directions the markets are headed next. It’s been a losers gam

Update On Investment Themes for 2011

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. In January, I put together a list of key investment themes for 2011. In today’s investing world, the pace of change is only accelerating, and it’s important to revisit and reevaluate investing ide

Pullback Buy on Oil

Published on 0000-00-00 00:00:00

While I’m bullish on Oil, I have reason to believe it may pullback before heading higher. Check out this mornings fear inducing headline on Marketwatch in large print. In my experience the bigger the font, the closer to a short-term top. Potent

One of My Many Trading Mistakes – Bias

Published on 0000-00-00 00:00:00

GLD review in video below. Change of plans as my silver analysis is going to be graphs and words due to an inability to create another video at this time. Silver has really been the place to be within the metals markets and outperfoming gold handily.

Warnings Signs Remain Despite Rally

Published on 0000-00-00 00:00:00

Working off an Oversold Condition

Published on 0000-00-00 00:00:00

It’s clear that the Transportation Index is broken technically from the strong uptrend it was in. The recent breakout was a trick to sucker in those that were buying the breakout and it’s clear when you see the velocity of the recent down

Oil is About To Hit a Key RSI Level

Published on 0000-00-00 00:00:00

On the chart of Oil below we are about to go into the area were most consider overbought (above 70) on the RSI for the first time since 2008. I find this to be extremely significant and a harbinger of much higher prices in the immediate future and

Lower Highs to Become the Trend?

Published on 0000-00-00 00:00:00

Lower highs and the ability of a market to hold a gap up are signs that a trend is weakening. Be aware of this as the 1st day of the month has been traditionally bullish as of late. “Our research indicated that liquidations are vastly more impo

Bears Follow Through

Published on 0000-00-00 00:00:00

While I’m not about to declare victory for this timing call, today the bears made great progress towards this market having a proper correction. Now one must define what a “proper” correction is. I know many would like for me to g

What to Read Over Monday Coffee

Published on 0000-00-00 00:00:00

Near Trading System Testibility - “Testability is, in my opinion, the single most important requirement of a trading system design” Still Expect 2nd Leg Down- The mettle of this pullback will be tested on the 1st of March. This Is Getting

Lack of Quality Long Setups

Published on 0000-00-00 00:00:00

The Nasdaq’s pattern is at a crossroads and while it appears to be bearish at this moment it wouldn’t take to big of a push to the upside to make yearly highs. Prudence is required as tomorrow is the first of the month which in recent mon

The Allure of Investing Overseas Must Be Tempered By Forex Exposures

Published on 0000-00-00 00:00:00

The complexion of investing has changed greatly over the past decade as new mediums have grabbed the stage and the barriers to capital flows have been dropped all across the globe.  Capital will always seek out higher returns, even if that means inv

When to Exit Your Contra Positions

Published on 0000-00-00 00:00:00

If you joined me on the short side and you want a possible suggestion for a stop, use the line that I’ve drawn for each chart below. There definitely was some interest in these contra ETF’s when the markets started to slide last week, a

Scan Criteria For Sector Winners

Published on 0000-00-00 00:00:00

StrategyDesk is a cool piece of software from Ameritrade where you can create all kinds of customized scans. One such bullish scan that I’ve created is to try and identify sectors that are experiencing large daily moves, trading outside their a

Wall Street: The Other Las Vegas

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. I spent $150 on Wall Street: The Other Las Vegas to buy it used before this new version was published, and I have zero regrets about paying a premium to own this book. After reading over 150 books on s

Bears Must Keep Momentum Going

Published on 0000-00-00 00:00:00

If this bearish timing signal that I received this week is going to work out I feel that it has to happen soon to keep the downside momentum going. So far the selling volume on the Nasdaq has been very high while Friday when the market rallied subst

Massive Bearish Wedge on Wkly Nasdaq

Published on 0000-00-00 00:00:00

Oil has gotten my attention this week as it has broken out to new multi-yr highs and given the tensions that are occuring in the middle east it’s likely to continue higher. Now I’m not one to trade off of macroeconomics, but my scan resul

Go Bruins Go! – Champions!

Published on 0000-00-00 00:00:00

Update: We Won! Britannia completed an amazing season by defeating a team that has had their number all year. They scored the first bucket of the game and never relinquished that lead for the entire game. What is amazing about today’s win is th

The Disappearing Middle Class

Published on 0000-00-00 00:00:00

. clipped from news.yahoo.com • This chart shows that the poorest 90 percent of Americans make an average of $31,244 a year, while the top 1 percent make over $1.1 million: • According to this chart, most income groups have barely grown r

Uranium: Bounce or Break?

Published on 0000-00-00 00:00:00

The Uranium ETF (URA) has pulled back to an area where lately it’s bounced, often times very quickly. I pay attention to the RSI indicator a lot, and have found that when it stays between the 40-80 area it remains in a strong uptrend. When you

Market Timing Signal: Confirmed Down

Published on 0000-00-00 00:00:00

The character of the market is changing, evident by these three charts below. In the NASDAQ chart you’ll see that this is the first time in quite a while the red candle was completely below the middle keltner channel line. The -d1 line on the A

Recent Move in Gold Looks Like a Trap

Published on 0000-00-00 00:00:00

While it’s easy to think that gold and silver will continue to outperform all other asset classes, especially if this 2 day drop in the markets gathers steam, but that may not be the case and here’s why. Negative divergence on RSI as it h

Price is Right – Agora Financial Style

Published on 0000-00-00 00:00:00

Last summer (July 19-23, 2010) at Agora Financial’s “Assault on Enterprise” they had their annual “Whisky Bar” Panel, where they made predictions and took questions from the audience. All of the guests made their best gu

Can Libya Sink the Markets?

Published on 0000-00-00 00:00:00

While it’s early to declare the bull dead, there are more than enough signs, combined with the tension in the middle east to keep the selling pressure on the markets.

Buyers Were Scarce Today

Published on 0000-00-00 00:00:00

Today was the first day in awhile that the total downside volume eclipsed the 90% threshold. In fact, 92% of today’s volume was to the downside implying some serious selling. Good news if you’re a bear. You can also see the down volume on

Derren Brown Reveals Secrets of Cold Reading

Published on 0000-00-00 00:00:00

If you’re not familiar with Derren Brown I highly recommend checking out some of his programs as they are extremely interesting in pointing out how people are manipulated in everyday scenarios. In this interview with Richard Dawkins he points o

Bear Market Sectors Could Move Soon

Published on 0000-00-00 00:00:00

Based on the following chart from InvestTech (click to enlarge) one can make a strong case that we are about to enter the defensive stage. The financial etf (XLF) has not been performing well since the bounce in ’09, as it’s mostly been t

4 Momentum Charts to Watch for Tuesday

Published on 0000-00-00 00:00:00

Judging by the tensions that are mounting in Libya, I’m starting to think it was a good move to go to cash on Friday. It remains unclear as to whether it will effect our markets when they reopen on Tuesday, but it’s almost a certainty to

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Near Term Market Levels - Discussing the double-double of the SPX Increased Mimicry In Stock Market Provides Crash Warning - Trying to identify warning signs of a potential crash Low Volume Pullback - Until seller’s remorse hits, the path is up

Financing Can Provide Buying Opportunity

Published on 0000-00-00 00:00:00

. The following is a guest post by Mobile Guru. In December I wrote the article entitled “Top 4 Mobile Acquisition Picks for 2011”, and today I would like to update readers on two of my top picks that have already rewarded investors with substant

Divergences Abound

Published on 0000-00-00 00:00:00

(Click to enlarge) When the markets are hitting all time highs and indicators like the RSI and ADX (my 2 favorite) are climbing higher and higher each day, the likelihood of a pullback is low as it takes some time for the momentum to slow down. How

Decoding the United Kingdom

Published on 0000-00-00 00:00:00

I don’t know about you guys, but this sure does help me understand the United Kingdom, the British Empire, and the Crown much better than I previously did. Here’s a link to a useful diagram to go along with the video.

Bulls Pressing Their Luck

Published on 0000-00-00 00:00:00

But there’s really no other way to play this rally. It’s either you suffer the risk of a stealth market correction or you suffer the mental frustration of sitting on the sidelines.

4 Extreme Breakouts From Today…

Published on 0000-00-00 00:00:00

…that you’ve probably never heard of. I look at a lot of charts and consider myself familiar with the majority of stocks out there, so when I come across breakouts that I don’t recognize, it means the crowd hasn’t discovered t

OE, Full Moons, and Stock Crashes

Published on 0000-00-00 00:00:00

Since my timing signal turned bullish, noted by the green dot, the market action has been absolutely perfect if you are a bull. Dips have been bought, support levels have held, and the RSI action has stayed between the 40-80 level. Aside from the nor

How To Make Money In Stocks (4th Edition)

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns Complete Investing System: Your Ultimate Guide to Winning in Good Times and Bad As I finished this book I will now have read “How to Make Money in Stocks” three times, completing the 2nd, 3r

QE Study of Low Volume

Published on 0000-00-00 00:00:00

I find that lower volume when an index churns is a more reliable sign of a topping pattern. Often times investors/traders point to an index that is rising on lower volume and they expect it to fall and it never does. I would be on the look at for a c

Lines in the Sand for Nasdaq Summation

Published on 0000-00-00 00:00:00

When viewing the 3 line break chart for the Nasdaq Summation there are some very clear areas of support and resistance forming. The 500 level is an area of resistance defined by two different converging trendlines and should this index make it back u

US Dollar Looking For Support

Published on 0000-00-00 00:00:00

The US Dollar remains in a bear market and when you look at the long term picture it’s leaking value like a sieve, but that’s not to say it doesn’t have mini rallies to release the oversold pressure along the way. Recent action with

Star Performers Within Transports

Published on 0000-00-00 00:00:00

Out of all the individual sectors within the Dow Jones Transportation Index, it’s the railroads that offer the largest number of stocks hitting new highs and that are outperforming their respective index chart for that particular sector. When l

Weakness in India Could Be an Opportunity

Published on 0000-00-00 00:00:00

After the recent double top in the $BSE, preceded by a massive run from 8k to 21k, it’s no surprise that the Bombay Markets took a well deserved rest. I have reason to believe that this market has bottomed and is about to turn around. Now wheth

Transports Closing In On All Time Highs

Published on 0000-00-00 00:00:00

The Transportation Index is starting to show signs of life that it isn’t going to drag the Dow Jones down as it appeared it could have. I pointed out last week that the Dow Theory states that both the Dow Jones and the Dow Transports have to mo

Markets Continue to Defy Gravity

Published on 0000-00-00 00:00:00

I wanted to let my subscribers know that I uploaded a new stock pick in the members section here. If you’d like to gain access to the benefits that subscribers receive, which include an occasional stock pick or two, you can sign up on the right

Lessons from 40 Films in 7 Minutes

Published on 0000-00-00 00:00:00

Using Keltner Channels to Identify Tops

Published on 0000-00-00 00:00:00

This makes most traders sounds like savages…lol “Most investors’ decisions “can only be taken as a result of animal spirtis–of a spontaneous urge to action rather than inaction, and not the outcome of a weighted average

Trade Like an O’Neil Disciple

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. How We Made 18k% in the Stock Market Trade Like an O’Neil Disciple (Wiley Publishing) a great book for those of us wanting a peel back the curtain and take a peak inside the world of William O

Complacency Has Taken Hold of the VIX

Published on 0000-00-00 00:00:00

I see this as an important chart that I keep coming back to in my nightly research that is signaling that a correction is very close.  Over the past 3 and a half years when the VIX gets near the 15 level it has a significant pullback. It doesn’

The More Things Change….

Published on 0000-00-00 00:00:00

My wife saw this video of Charlie Chaplin in “The Great Dictator” and I was floored with how relevant the content of the speech, was when you take a look at the world we live in today. Let me make a few disclaimers before you read any fur

Pullback Trade Ideas

Published on 0000-00-00 00:00:00

As this market continue to set new highs, it’s important not to chase stocks. I see nothing in the Nasdaq charts that imply we’re going to correct, but I would like to see some sideways action to consolidate these gains (I realize I sound

Bulls on Parade

Published on 0000-00-00 00:00:00

TBT has been slowly chugging along in an upward fashion since it bottomed in late summer. It’s possible we run into resistance around the $42.24 area, but if that’s breached, I believe we’re going to reach the apex of the previous

Patent Reform Act 2011: Winners and Losers

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. After six years in limbo and significant changes from past years proposed patent reform legislation, the Patent Reform Act of 2011 is going to get hotly debated as it was approved by the Senate Judiciary

One Good Trade by Mike Bellafiore Reviewed

Published on 0000-00-00 00:00:00

I had high hopes for the recently published “One Good Trade” (Wiley Publishing) with a price point near $60 and many positive reviews on Amazon.  Given that the book was written by Mike Bellafiore, who co-owns SMB Capital and runs the po

Uranium Breaking Out

Published on 0000-00-00 00:00:00

There is a lot of momentum in the Uranium space and here are a few potential plays. The Global Uranium ETF (URA) broke out of an 8 week consolidation on Feb 1st on higher volume and then spent 2 days giving back very little on light volume. This is v

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Hunches And Gut Feelings - “Your main purpose must be to keep the mind clear and well balanced” How to Be Successful (Steve Vai) - Tips from a guitar legend. Demystifying Wall Street - Inside the Mind of Jared Levy – very interestin

Closing in on 2007 Highs

Published on 0000-00-00 00:00:00

I wanted to take a moment to see how far we’ve coming off the ’08 lows to potentially see what road bumps could be coming down the road. The AMEX networking index has been a strong performer and showed up on my sector scan on Friday, but

Opposing Views in Housing Market

Published on 0000-00-00 00:00:00

When trading in the Stock Market there is almost always a couple of different ways to look at data and charts. When I first looked at the chart below I saw the breakout, but then I also noticed the bearish wedge that is forming. To strengthen the bea

Market Timing Call: Up

Published on 0000-00-00 00:00:00

Here is the message I sent out to my newsletter subscribers an hour before the close so they could act within their portfolio should they choose to. If you’re interested in receiving free market timing alerts, along with other great features, t

Gold and Silver Ready to Resume Uptrend

Published on 0000-00-00 00:00:00

Just in time for my market timing signal to turn bullish, I’m seeing signs that now is the time to get back into the gold and silver markets. It appears that we’ve found support of GLD and SLV right where I had drawn it up. Silver has bee

Using Mini Cycles to Discover Edges

Published on 0000-00-00 00:00:00

. Knowing that markets move in cycles and patterns and are continuously changing to keep us on our toes, I wanted to point out one little mini pattern I just noticed as I was perusing some charts, patiently waiting for my wife to get ready for the N

11 Investment Themes For 2011

Published on 0000-00-00 00:00:00

. The following is a guest post by Mobile Guru. Without a doubt 2010 filled us with more surprises than anyone could have imagined and with that in mind here are some of my predictions for 2011. One thing I am certain of is that it’s going to b

Low Volume Makes Market Analysis Difficult

Published on 0000-00-00 00:00:00

. While I remain long with my trading positions in my account, my bias is leaning towards a market correction. It’s not so much a bias as it more of a general feeling of over-bullishness in many key indicators on the Nasdaq. I also spend a good

Coffee, Tweet Wisdom, and Market Psychology

Published on 0000-00-00 00:00:00

. The Psychology of Trading: The Three C’s - Mastering the self-control battle. How to find good setups before 4% breakouts- How @lasertrader scans for fast scalp plays DENIALISM: A Stock Trader’s Disease – Analyzing the rash decision m

11 Investment Themes For 2011

Published on 0000-00-00 00:00:00

. The following is a guest post by Mobile Guru. Without a doubt 2010 filled us with more surprises than anyone could have imagined and with that in mind here are some of my predictions for 2011. One thing I am certain of is that it’s going to b

Using Mini Cycles to Discover Edges

Published on 0000-00-00 00:00:00

. Knowing that markets move in cycles and patterns and are continuously changing to keep us on our toes, I wanted to point out one little mini pattern I just noticed as I was perusing some charts, patiently waiting for my wife to get ready for the N

Apple is Due for a Pullback

Published on 0000-00-00 00:00:00

. There has been a lot of discussion on this particular thread on Seeking Alpha regarding AAPL,  I opted to do some technical analysis on this stock to see if the charts are suggesting if Apple is a short, as the author suggests. It’s been q

Complacency Hitting More Extremes

Published on 0000-00-00 00:00:00

. This post is only going to make half sense to you because you don’t know where I’m getting my data, but just for the moment accept that there is data. There where is really irrelevant, it’s the what do I do with the information th

4 Stocks With Clean Breakouts

Published on 0000-00-00 00:00:00

. I spent the majority of the day away from my desk due to light holiday trading, there are some areas of strength in the market that momentum traders can focus on. I’m just not finding many decent entries in stocks over the past 4-5 trading se

Market Analysis on Slow Holiday Week

Published on 0000-00-00 00:00:00

. I uploaded a video, but can’t seem to embed it on my blog. You can access it by clicking here. I think it has something to do with an upgrade for Livestream’s software, but don’t have the time to try and fix … [visit site to

Nikkei Attempting a Long Term Bottom

Published on 0000-00-00 00:00:00

. Whenever the Japanese economy is brought up in conversation, there is usually a general agreement that their economy is decades away from improving. Some believe it will never improve and they’ll default and go bankrupt. John Mauldin describe

Sentiment Readings at Extreme

Published on 0000-00-00 00:00:00

. It’s one thing when a particular sentiment reading hits an extreme, be it a 2 month, or 6 month. However it’s completely different when we’re talking about historical extremes (24 yr) and one should start to be extremely cautious

A Beautiful Lie

Published on 0000-00-00 00:00:00

. That’s what today’s action on the markets reminds me of. Gap up, nothing but blue sky ahead, only to close off the highs, with so many sentiment indicators stretched by the Santa Claus Rally. I took my profits off the table today and no

Using Renko Charts for Silver Analysis

Published on 0000-00-00 00:00:00

. I wanted to demonstrate how peculiar that silver has been acting lately relative to it’s past behaviour. This chart is rather small and you have to click on it to make it bigger, but it needed to be this size to have a large enough sample siz

Chinese Stocks Adding Some Froth

Published on 0000-00-00 00:00:00

. Here are a couple of nice looking breakout plays that look like they have room to run. I also noticed a large number of China stocks that were acting over exhuberant during the holiday season. XING CHGS SHZ HIMX FEED SCOK This is one more sign of t

The Joy of Stats

Published on 0000-00-00 00:00:00

. An hour-long documentary by the BBC on statistics, but it’s well worth it taking the time to view and will appeal to most market technicians. Hans Rosling has a way of making statisitcs cool and entertaining. Below are a few of my favorite qu

Inflation Data Should Not Be Confusing

Published on 0000-00-00 00:00:00

. Would the real inflation data please stand up? The first regression chart plots the inflation data the government reports while the second one uses the data from Shadowstats and the difference couldn’t be more wide. Given that we really have

Site Will Be Down Intermittently…

Published on 0000-00-00 00:00:00

…for the next 24-48 hours as it is switched to different servers. Sorry for any inconvenience. Most of my communication will be micro-blogging on Twitter until Wednesday. http://twitter.com/zentrader

Looking at Distribution Weeks

Published on 0000-00-00 00:00:00

Just for fun when I was looking at a weekly chart of the S&P I started counting distribution weeks to see if I could garner any new insights into how, if any, affect it may have on the markets. This week was typical August trading and I don’

JKS – Momentum Trend Case Study

Published on 0000-00-00 00:00:00

I just came across this chart this week and the reason why I hadn’t noticed it until today is because it doesn’t fit into my volume requirements. However, this is a perfect example of what a strong momentum trend should look like when the

Great Stockcharts Offer

Published on 0000-00-00 00:00:00

Hey guys, just wanted to let you know that Stockcharts has a great offer that it’s never done before and I’ll be adding to my subscription even though I’m covered until Sept 2011.   As far as tools go this is the only one I subscr

Bears Have Renewed Momentum

Published on 0000-00-00 00:00:00

Today I got stopped out of my longs as they hit my entry price which reinforced the importance of taking 1/2 profits while you have them. I mentioned on twitter towards the end of the day that I got back short in DIA & QQQQ. Taking a look at

Alternative to August Trading

Published on 0000-00-00 00:00:00

Hey guys, just wanted to check in and say I’m on this detox/fast program called Sambu for the next 4 days (started yesterday) and it really took a lot out of me today. Hopefully I’ll feel better tomorrow but I haven’t eaten for over

Ebb & Flow of S&P

Published on 0000-00-00 00:00:00

I’m a sucker for these long term charts. This is one that’s going to require some looking over and if you click on the link it will take you to some great tables to go along with this date. clipped from www.ritholtz.com  

Check Out Red Dragon Leo

Published on 0000-00-00 00:00:00

I recently came across Red Dragon Leo and I find his videos extremely insightful and I thought I’d share with all of you. If you haven’t checked out his blog, I highly recommend it for the “out of the box” indicators and theor

Outsmarting Your Ego

Published on 0000-00-00 00:00:00

I uploaded a quick video below that discusses a concept regarding why most people average down and why that’s wrong most of the time. Remember that the market is still in a bearish environment and don’tget over positioned on the long side

Why I Went Long EOD…

Published on 0000-00-00 00:00:00

My videos are completely random thoughts without organizing the information in a specific order. That would take too much time and I think raw and uncut is always better. The one downside is that sometimes after I finish a video I realize I didn̵

Test Post

Published on 0000-00-00 00:00:00

Checking on my feeds.

Biotech and Drug Stocks Are Hot

Published on 0000-00-00 00:00:00

While I still have some very noticeable areas of my blog that still need fixed, I feel it’s important to do a post to get back in the swing of things. When I found out last night there was a very real possibility of losing a good portion of my

Synergy Pharmaceuticals Advances Phase III

Published on 0000-00-00 00:00:00

. The following is a guest post by Mobile Guru. Previously I had written about Synergy Pharmaceuticals (SGYP.OB) and their current status of their drug trials. Biotech’s advancing out of successful Phase II/III trials have the best opportunity for

Railroad Stocks Running on Cruise

Published on 0000-00-00 00:00:00

One standout sector today were the railroads today as they continue to plow to all time highs. Out of the sector I like the four stocks below however the strongest are UNP CSX as they are mirroring the index the most, hitting all time highs as well.

Is It Safe To Buy Gold Now?

Published on 0000-00-00 00:00:00

Using a couple of different time-frames we can get a handle on whether gold’s recent pullback is an opportunity to buy or wait for lower prices. I always use multiple timeframes to get a handle on where price is and where it could be going. The

Rally Continues to Defy the Bears

Published on 0000-00-00 00:00:00

Switching screen capturing software and I think you’ll find this one much clearer. It’s actually easier to use and quicker upload speeds, but the one drawback is the time is limited to 5 minute increments. I believe this will be beneficia

Another Cloud on the Horizon

Published on 0000-00-00 00:00:00

As the market continue to buy the dips I’m seeing another reason to become defensive. Let’s recap the major warning signs: Extreme bullish sentiment McClellan Oscillator has turned negative (last week) Nasdaq Summation Index has turned ne

Smart Money Preparing For the Worse

Published on 0000-00-00 00:00:00

This goes along with the overstretched sentiment we saw during December and the fact that the market continues to grind higher is a reminder that the market can go against logic longer than you can stay solvent when taking the contrarian trade. Wait

Aluminum Sector On Breakout Alert

Published on 0000-00-00 00:00:00

The iPath DJ-UBS Aluminum ETN (JJU) is the exchange traded note (ETN) option, which gives exposure to a basket of aluminum futures and is carving out a reverse head and shoulder pattern, which if it breaks out should well take this index over $40. Th

4 Stocks With Potential

Published on 0000-00-00 00:00:00

Below are a few stocks from last nights scans that I think have more room to the upside as long as the markets continue on with it’s bullish ways. GLDD and ININ have already broken out and are in peak momentum phase, while FXEN and SGEN are thr

Bullish on the Dollar (Short Term)

Published on 0000-00-00 00:00:00

I wanted to do some further analysis on the dollar, while providing some charts to support my short term bullish thesis. This is purely from a short term time frame as we all know the dollar is going to zero eventually, but a trade is a trade. My sit

Self Correcting Market Poses Unique Situation

Published on 0000-00-00 00:00:00

There is quite a danger premium built into this market as the market continues to grind higher. Here are a few thoughts as to what the look of a correction could look like from user AlbertaRocks on Seeking Alpha referencing the Hindenburg Omen, Goldm

Classic Sideways Market Action

Published on 0000-00-00 00:00:00

. This chart is significant to me because it charts my entire investing career. I started trading at the end of ’98, and you can see we’re a little above those levels. Buy and hold may not be dead, but it is certainly hibernating. “

Time Perspective (Applied to Trading)

Published on 0000-00-00 00:00:00

Secret Powers of Time The time zones that the narrator speaks of can easily be applied to trading and when he’s describing the two types for each of the categories below, consider how these perspectives can color our trading. Even he realizes

Two Indian Stocks Defying the BSE

Published on 0000-00-00 00:00:00

As I was going through the results from my scans, I noticed these two Indian-based standouts with undeniable strength. What’s interesting is that the Bombay Stock Exchange has just broken down from a symmetrical triangle chart formation. REDF i

Semis Lead the Way To More Upside?

Published on 0000-00-00 00:00:00

The semiconductor space had a massive day on Friday and now we must watch to see if this is the start of a big move up or a irrational, bullish-top type move. I’m somewhat partial to this being a blow off move, but all in all I remain bullish o

Trust in the Brave New World of Transactions

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. It was not long ago, perhaps 15 years, when people were concerned when they handed someone their credit card to complete a transaction. People could steal your credit card number and then rack up all kind

Defense Stocks Follow Through

Published on 0000-00-00 00:00:00

Defense stocks have been on a tear lately and they are on their2nd breakout. After the first one this sector consolidated for a few days and then ripped higher with strong follow through action. I included a few names below of stocks in this sector

Why The VIX Has Me Concerned

Published on 0000-00-00 00:00:00

  This chart of the VIX makes a compelling argument for an impending correction. http://screencast.com/t/Nn8syBVH clipped from www.growthstockwire.com The blue lines on the chart are the Bollinger Bands. They indicate the range of volatility on a ch

Momentum Stocks In Play

Published on 0000-00-00 00:00:00

I still feel like this market is very close to turning over, here are a few bright spots from my momentum scans tonight. NTWK and STZYF are lower priced issues that often are unaffected by what the general markets are doing. The markets obviously lik

Why The VIX Has Me Concerned

Published on 0000-00-00 00:00:00

. This chart of the VIX makes a compelling argument for an impending correction. http://screencast.com/t/Nn8syBVH clipped from www.growthstockwire.com The blue lines on the chart are the Bollinger Bands. They indicate the range of volatility on a cha

How Meditation Can Improve Your Trading

Published on 0000-00-00 00:00:00

I’m convinced that meditation is an integral part of my own success in trading and after completing “The Intention Experiment” I now know a little of the science behind why. With all of the information that we must digests as traders to try and

Classic Sideways Market Action

Published on 0000-00-00 00:00:00

. This chart is significant to me because it charts my entire investing career. I started trading at the end of ’98, and you can see we’re a little above those levels. Buy and hold may not be dead, but it is certainly hibernating. “

Trading Lesson From Mike Bellafiore

Published on 0000-00-00 00:00:00

. I’m currently reading “One Good Trade” by Mike Bellafiore, and a passage I feel is very relevant to what I do on this blog and my newsletter I want to share with you all, in light of a comment stream from last week. “Trading

Lack of Setups Dismiss Sector Rotation Theory

Published on 0000-00-00 00:00:00

I’m hearing rumblings that we’re seeing sector rotation out of the Nasdaq and tech stocks and into more traditional business found in the Dow Jones. The problem with this theory is that I’m not seeing many good looking set ups excep

Uranium Remains Attractive

Published on 0000-00-00 00:00:00

Uranium is one sector that as of Friday still has momentum in it’s favor and should continue to move higher. Individual issues within the sector have suffered minor pullbacks, with URZ being the standout. NLR and URA are uranium ETF’s

Markets Avoid Sell Signal, Barely

Published on 0000-00-00 00:00:00

No sell signal on the markets as the Dow continues to make new multi-year highs. It remains safe to trade the long side right now and we’ll see if there’s any downside follow through later in the week. Right now the momentum is too strong

US Dollar Can’t Find Traction

Published on 0000-00-00 00:00:00

This is no surprise when I say the US Dollar is in a long term downtrend, but last month I noticed some strength in the Dollar’s technicals which had me thinking that we might be in for a rally in this currency, but the recent action on the

Market Timing Update

Published on 0000-00-00 00:00:00

Click for video

Targets For Precious Metals

Published on 0000-00-00 00:00:00

I’ll have to reevaluate these targets when/if they get hit, but right now it looks like we’re on track to hit these first targets for gold and silver. The one on gold is a fairly obvious trendline, so it may get breached a little to the d

News Corp Goes Mobile

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. Anyone who has ever bought a Sunday paper you know that the ads comprise a majority of the paper and sometimes it seems like there are more ads than actual content. One large piece of the ads is News Corp

More Downside in Precious Metals

Published on 0000-00-00 00:00:00

It’s really hard to get all you want to say inside of 5 minutes, so I apologize for the abrupt ending. Essentially the markets can go either way at this point because my timing signal is close to going bullish or bearish, but I’m going th

Tracking the Presidential Cycle

Published on 0000-00-00 00:00:00

Many people base investment strategies around the Presidential cycles. Below are a couple of charts with predictions of what the markets will be that I found on Barry Ritholtz’s blog. I also wanted to include a chart of my own that goes back to

Remembering The Flash Crash

Published on 0000-00-00 00:00:00

I came across this video today where you hear live traders and their reaction on May 6th, which of course is the day of the Flash Crash. It’s always useful and interesting to go back and revisit trader’s reactions on monumental trading ev

4 Long Ideas With Momentum

Published on 0000-00-00 00:00:00

Here are four stocks that are displaying above average strength and breaking out to new multi yr highs. All have released earnings save for PRGO, which is scheduled to release on February 1st. I don’t like to hold stocks through an earnings rel

Steel Sector Lifts Industrial Stocks

Published on 0000-00-00 00:00:00

By my sector strength scan Steel’s move is by far the most impressive. Not only did we have a breakout that took out the 2010 highs, we did so on 2x the average true range, which means this move should have more to go. Below I included a chart

Analyzing the Egyptian Index with 3 Line Break

Published on 0000-00-00 00:00:00

I wanted to take a look at EGPT and see if there was a difference in the types of charts to see if one can gain an edge in getting short. When looking at a 3 line break chart of the Egypt Index you can see a bearish wedge forming with multiple points

What To Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Mr. Mumbarak, Turn on that Internet! - Why the Egyptian Gov’t are failing in their handling of the protests. Dude, Where’s My Correlation - “there is the obligation to respect the market’s message and let the “reason” present

Acquisitions To Increase in Pharma Sector in ’11

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. In 2010 the number of buyout deals was low in the biotech area due to conservation of cash coupled with some very large drug companies finishing up their mergers led to very few deals of smaller biotech&#

Velti Looking to Start a Revolution

Published on 0000-00-00 00:00:00

The following is a guest post by Mobile Guru. Just how hot will the emerging mobile market be this year? If the first notable IPO in the space is any indication, 2011 could be a barn burner. Velti PLC. (VELT), a mobile services provider formed ten ye

Multiple Indicators Point to a Correction

Published on 0000-00-00 00:00:00

Friday could be one of those landmark days that mark the end of this recent rally, and it’s sad that it took the protests in Egypt to be the catalyst for a sell-off. If we follow through and all three of the major indexes fall below the middle

Market Timing Call: Confirmed Down

Published on 0000-00-00 00:00:00

Today marked the first time since November that my market timing signal has gone bearish. At that time the upside momentum was to strong to allow the markets to correct properly, but I think this time is different. Or possibly it was just the Governm

Who Knew Volkswagen Was So Cool?

Published on 0000-00-00 00:00:00

Mondays can be a little blah, especially after the Friday we had. I think most traders are tiptoeing today trying to decide if there’s more downside left, or if we’re at a spot where the funds are going to step in and buy. These engineers

So I Guess Egypt Was a Red Herring?

Published on 0000-00-00 00:00:00

I may have underestimated the strength of POMO, but given the same scenario I would have got short given what my charts are saying 10 times out of 10. I’ll continue to hold until my signal reverses, which won’t be until Thursday, after th

Taxes and Inflation Are Draining Us

Published on 0000-00-00 00:00:00

The entire time I’ve been in Canada the price of gas has baffled me. I’ve been so used to measuring my tanks of gas by the gallon that when I got here and tried to think in terms of liters it never really translated, especially when you f

SIRI – Case Study

Published on 0000-00-00 00:00:00

The lastest move of SIRI reeks of a late stage breakout as each base is getting smaller than the previous one. Stocks need to base for 6-8 weeks to shake out the weak hands to go on a proper momentum run. On the regular candlestick chart you can see

Odds Favor an Upside Breakout

Published on 0000-00-00 00:00:00

I’m thinking that tomorrow is going to see a resolve to the last three weeks of churning and here’s why. My timing signal is on the verge of flipping back to the bullish side, however there are a number of conflicting signals that is maki

Universal Principles of Successful Trading Review

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns. Essential Knowledge for All Traders in All Markets This book is excellent for traders that are ready for it. You need a foundation in trading to understand its importance and take the principles seriou

Topping Pattern in Natural Gas Index

Published on 0000-00-00 00:00:00

There is a very obvious head and shoulder pattern forming that only needs the downside break to confirm, which could happen any day now based on the technicals. It could be so obvious that it fails, but I wanted to point it out. After bouncing off th

Markets Could Bounce, But Overall Bearish

Published on 0000-00-00 00:00:00

Related Posts: Regarding This Morning’s Weakness TSX is Looking Bearish Tuesday Could Set The Tone for the Week

If I Had to Offer Short Term Downside Targets…

Published on 0000-00-00 00:00:00

Beware the Algorithmic Gatekeepers

Published on 0000-00-00 00:00:00

I believe this to be an important video because the concepts presented here are some of those in which we don’t even consider. And when we don’t even realize that something is wrong how can we expect it to get fixed? “….the in

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Psychologist shows why we “choke” under pressure – and how to avoid it – Detailing a few ways to avoid paralysis by analysis, which all traders suffer from time to time. Silver Is Tracing Out 1980 Post-Bubble Pattern 6 Weeks of Dec

Dr. Steenbarger’s “The Psychology of Trading”

Published on 0000-00-00 00:00:00

The following is a book review by Stephen Burns, who is a trend follower that specializes in the Darvas System. The Psychology of Trading: Tools and Techniques for Minding the Markets Author Brett Steenbarger has done a great job with this book. He c

Markets Are Due For an Oversold Bounce

Published on 0000-00-00 00:00:00

I’m not about to get long in a big way, but I feel it’s important to take off the bear glasses every once in awhile and see if the market is telling us that it could bounce. No market goes any one way forever and 6 wks of declines and a v

Market Astrology: Rare Earth Metals

Published on 0000-00-00 00:00:00

The following is a guest post by Karen Starich, who uses astrology to forecast events in the markets. Her unique insights will provide an alternative view, in particular the precious metals sector, as her field of study is quite specialized and s

Bacterin and Rockwell Medical Join Russell Index

Published on 0000-00-00 00:00:00

The following is a guest post by a fellow investor (mobile guru) whose interest lie within the mobile space, biotech, and precious metals. In early May I speculated about the possibilities of Bacterin International Holdings (BONE) and Rockwell Medica

Happy Birthday! Zentrader Turns 3

Published on 0000-00-00 00:00:00

I just wanted to take a moment to let you know that zentrader turns three this week, as difficult as it is to believe it’s been that long that I’ve been spewing my thoughts and observations about the market. Thanks to everyone that makes

Despite the Recent Market Carnage…

Published on 0000-00-00 00:00:00

Here are four bullish chart patterns below that showed up on my bullish scans today. Today’s bounce was rather weak when you consider today’s volume on the Nasdaq, but it’s a start. I closed my only position in CORN today after the

200MA is the Obvious Play

Published on 0000-00-00 00:00:00

I find it hard to think that with everybody looking at that key moving average on the indexes that it’ll hold. Maybe…but doubtful. I’m expecting more losses on the indexes, especially with weakening internals and no capitulation yet

Why It’s Important to Take Profits Quickly

Published on 0000-00-00 00:00:00

What follows is a case study of a recent trade I had in CORN. This trade could have gone really bad had I not recognized a situation where taking profits off the table was more important than letting my winners run. Below are 2 views of the same char

One Night, One Lifetime With Two Legends…

Published on 0000-00-00 00:00:00

The following is a guest post by John Douglas, who enjoys intelligent discussions around writing and focuses on portfolio enhancement through options. Jesse Livermore and Titanic Thompson: Part 1 in a 5 part series. Through a strange time warp-or per

Do or Die Next Week for the Markets

Published on 0000-00-00 00:00:00

The following I sent out to my newsletter subscribers after the close today. Today’s volume on the Nasdaq and TSX could be considered to have a capitulation nature to them, with both of them having the highest volume since I received sell signa

BB Width Indicator is Vertical On Put/Call

Published on 0000-00-00 00:00:00

The vertical ascent of the BB Width Indicator is astonishing as I’ve never known it to go straight up like this. Anytime you see these anomalies in the charts it’s always exciting to see how it plays out (yes..I’m a chart geek). You

No Clear Buy Signals Yet

Published on 0000-00-00 00:00:00

Below is a chart of Copper that I ran out of time in the video below to explain what I wanted to go over. From Jan-May this commodity was essential rangebound as marked by the black box and to demonstrate the resistance area of that range I extended

Elephants Paint Self-Portraits

Published on 0000-00-00 00:00:00

This is one of the cool aspects of Youtube is to be able to see amazing feats that I otherwise never would have known existed. Maria knows a couple that were there and bought a painting so as far as I know this is all legit. Anyway you slice it…

China Restrictions Coming for Rare Earth Stocks?

Published on 0000-00-00 00:00:00

The following is a guest posts by Karen Starich, who uses astrology to forecast events in the markets. I believe her unique insights will provide an alternative view to the markets, in particular the precious metals sector. In July there is potenti

What to Read Over Weekend Coffee

Published on 0000-00-00 00:00:00

Flight Plan - “I expect the market to bounce hard this week”  - That was on Monday of last week. It’ll likely happen this week. Thoughts on Support and Resistance – “I get suspicious when a level is so obviously suppor

Market Astrology: Silver Panic

Published on 0000-00-00 00:00:00

The following is a guest posts by Karen Starich, who uses astrology to forecast events in the markets. I believe her unique insights will provide an alternative view to the markets, in particular the precious metals sector. The 2001 correlation to th

Who Says You Can’t Call Market Tops?

Published on 0000-00-00 00:00:00

Howard  Lindzon tweeted this morning about the May 1st top in the markets today, noting that a long term top is in, and it got me thinking about my thoughts on that day when Osama was allegedly captured. I remember having a feeling that the nex

Today Was Constructive From a Long Standpoint

Published on 0000-00-00 00:00:00

My timing signal remains down, however now is the time for aggressive traders to take small positions on the long side and be completely out of any short positions. I’ve been suggesting that over the last couple of days on twitter and the botto

How Do You Value Education?

Published on 0000-00-00 00:00:00

It’s obvious that this is a very pro gold & silver biased documentary, but there is some very interesting and factual information contained here. It’s a shame it’s called “College Conspiracy” because right off the ba

Positive Action on the Indexes

Published on 0000-00-00 00:00:00

Today was a wash for me as a migraine or one equivalent to that left me unable to do much of anything, causing me to sleep through the close, which almost never happens. However, today was constructive from a long standpoint even with the late day

Legends and Masters in the Game of Speculation

Published on 0000-00-00 00:00:00

The following is a guest post by John Douglas, who enjoys intelligent discussions around writing and focuses on portfolio enhancement through options. Part 2 in a 4 part series where through a strange time warp-or perhaps just a dream- the narrator

Conan’s Words of Wisdom For Grads

Published on 0000-00-00 00:00:00

I found his college graduation joke rather humorous given my recent post questioning the importance of a degree. But seriously…this is worth a listen. …th

Market Astrology: Solar Eclipse July 1, 2011

Published on 0000-00-00 00:00:00

The following is a guest posts by Karen Starich, who uses astrology to forecast events in the markets. I believe her unique insights will provide an alternative view to the markets, in particular the precious metals sector. A new theme – silver

Strong Breadth + Follow Through = Profits

Published on 0000-00-00 00:00:00

EOD update: Today was ugly with the Nasdaq selling off on high volume (nearly 2.9 million). The Dow didn’t make new lows but it looks like it’s going to next week. Still long a couple of small positions on the double etf longs… an

Transports Strength Bodes Well For Further Gains

Published on 0000-00-00 00:00:00

I started to see the first signs of bullishness in the market indexes on Tuesday but the Dow Transports, which I haven’t been paying attention to, looks to have put in a short term bottom two weeks ago. First with volume essentially drying up a

Seven Deadly Sins of Trading

Published on 0000-00-00 00:00:00

The following is a post by Stephen Burns, who is a trend follower that specializes in the Darvas System. Traders repent of your sins. At least that’s the message that Ruth Barrons Roosevelt preaches in her book “Overcoming 7 Deadly Sins

Dow and Dollar Analysis

Published on 0000-00-00 00:00:00

Yes we’ve broken through a major trendline on the Dollar but I don’t see much upside past $77.50 on this trade. That would be the area where I would be taking profits if I was fortunate to buy the lows and see how it reacts at that key a

Market Timing Signal: Bullish

Published on 0000-00-00 00:00:00

Today I received the all clear to start buying stocks on the US markets. On Friday I was expecting a rally and instead the markets looked as if they wanted to make new monthly lows. Today we got the rally that I was looking for and things look a lot

Market Astrology: Dollar “Yank” Part ll

Published on 0000-00-00 00:00:00

The following is a guest posts by Karen Starich, who uses astrology to forecast events in the markets. I believe her unique insights will provide an alternative view to the markets, in particular the precious metals sector. The banks will not get a p

Markets Behaved Like The World Isn’t Falling Apart

Published on 0000-00-00 00:00:00

A good start for my timing signal that gives us a little bit of buffer room. Obviously this doesn’t mean the market is immune from reversing, but at least today gives us a very visible area to focus on and if we move below today’s low I w

New Trader, Rich Trader: Critical Review

Published on 0000-00-00 00:00:00

The following is a guest book review by Christopher Ebert, who specializes in option correlations and strategies. If you are new to the stock market, don’t place another trade until you have read “New Trader, Rich Trader” by Stephen Burns! Even

3 Charts for the Bull Case

Published on 0000-00-00 00:00:00

As the McClellan Oscillator confirms this rally we should expect the markets to move higher. Rarely does this indicator make new monthly highs and then the market fall flat on it’s face. Usually there is some sort of negative divergence that fo

Traits of Livermore That Fueled His Success

Published on 0000-00-00 00:00:00

The following is a guest post by John Douglas, who enjoys intelligent discussions around writing and focuses on portfolio enhancement through options. Part 3 in a 4 part series where through a strange time warp-or perhaps just a dream- the narrator i

Michael Covel’s Trend Commandments

Published on 0000-00-00 00:00:00

The following is a post by Stephen Burns, who is a trend follower that specializes in the Darvas System. Michael Covel has written an easy to read and understand book entitled “Trend Commandments: Trading for Exceptional Returns” FT Press

I’m a Trader…It’s What I Do

Published on 0000-00-00 00:00:00

A few minutes ago I closed out my index long positions because I was trying to justify holding on for more gains and at that moment I realized that “greed” was trying to gain control of the steering wheel. That and last night I blogged

Too Much Strength Can Be a Bad Thing

Published on 0000-00-00 00:00:00

….(if there’s not some sort of intraday correction as the markets rally) This is a busy chart and I’m just going to give my 2 cents about the recent market action. With my timing signal flipping green earlier this week, it has been

S&P is Starting to Mirror Market Internals

Published on 0000-00-00 00:00:00

The majority of this video analysis the percentage of stocks of the S&P that are trading above their 50 day moving average. Regarding the strength of the overall markets….I wouldn’t be opening new index positions or momentum stocks un

Benoit Mandelbrot’s Joy of Fractals

Published on 0000-00-00 00:00:00

For the fractals in all of you…ha ha…get it? You know you’re a trader when you file Benoit Mandelbrot under the “amusement” category on your blog. “Bottomless wonders spring from simple rules…repeated without

On Capitalization, Golf in Relation to Speculation

Published on 0000-00-00 00:00:00

The following is a guest post by John Douglas, who enjoys intelligent discussions around writing and focuses on portfolio enhancement through options. Final part in this wilding entertaining and informative 4-part series where through a strange time

Looking at the Market Thru Short’s Glasses

Published on 0000-00-00 00:00:00

Charts from video: Nasdaq Toronto

Crowd Sentiment Signals a Top in Netflix

Published on 0000-00-00 00:00:00

I don’t pick tops in my trading that I actually act on, meaning go out and place a trade, because it’s against my entire moral trading fabric to short strong trends, but I noticed NFLX was a trending top on Alexa, and if memory serves me

© 2006-2013 OnToplist.com, All Rights Reserved