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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. > read more
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 [...] > read more
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 [...] > read more
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? > read more
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 [...] > read more
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 [...] > read more
Markets Remain Under Pressure
Published on 2012-05-23 00:28:51
Charts from video. > read more
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 [...] > read more
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 [...] > read more
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 [...] > read 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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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! > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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. [...] > read more
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 [...] > read more
“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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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) > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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. [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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. > read more
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. [...] > read more
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, [...] > read more
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 [...] > read more
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 [...] > read more
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! > read more
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. [...] > read more
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 [...] > read more
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 [...] > read more
Vaulted Gold As An Investment (Infographic)
Published on 2012-04-11 08:40:12
From: Trustable Gold > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 > read more
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. [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
“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. [...] > read more
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 [...] > read more
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 > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 > read more
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 > read more
Market Timing Signal: Short
Published on 2012-03-05 20:47:15
Last three months of timing signal. > read more
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. > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 > read more
“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 [...] > read more
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. > read more
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. [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 > read more
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 [...] > read more
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 [...] > read more
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. > read more
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 [...] > read more
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 [...] > read more
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 > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 [...] > read more
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 > read more
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 > read more
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 > read more
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. > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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. > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
Coming Attraction Wedding Proposal
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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 > read more
Bulls Have a Chance to Steal Momentum
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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 > read more
Stay Away From the Dollar
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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 > read more
“Silver in a Structural Bull Market” ~Yamada
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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. > read more
Late Rally Gives Bulls Hope
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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 > read more
Time Could Be Up for the S&P Bull
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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 > read more
Strikes Against Nasdaq Adding Up
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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 > read more
15 Classic Trading Rules
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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 > read more
Bond and Anti-Bond Update
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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 > read more
Bloggers Turning Bearish
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@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 > read more
Looking for Follow Through on Monday
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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 > read more
My Thoughts on Silver and Gold
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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 > read more
Four Weekly Breakouts Driven By Earnings
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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 > read more
Market Timing Signal: Down
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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 > read more
Focus Shifts Back to Long Trade
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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 > read more
Oil, Bonds, and the Dollar in Charts
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A few random thoughts in the form of charts and annotations. > read more
We All Need High Probability Trading Strategies
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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 > read more
Optimizing My Market Timing Signal
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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 > read more
Phase III Trials Could Be Explosive for RMTI
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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 > read more
Silver Chart Since ’99
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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 > read more
It’s All About the Earnings
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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 > read more
Timing Signal is Close to Turning
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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 > read more
I’m Becoming Less Bullish
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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 > read more
Retail Gas Prices vs Light Crude
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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 > read more
No Reason To Panic At This Point
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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 > read more
Things I Didn’t Like About Today
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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 > read more
Five Earnings Winners….
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…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 > read more
Rubber Bands Keeps Getting Stretched
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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 > read more
Markets Overbought, But Could Go Higher
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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 > read more
AAII Sentiment Remains Contained
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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 > read more
A Trader’s First Book on Commodities
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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 > read more
Sector Strength: Healthcare
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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 > read more
Another Day, Another White Candle
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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 > read more
No Trading on the Eve of the Fed
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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 > read more
Bulls Are Firmly in Control
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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 > read more
In Remembrance of Samantha Wong
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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 > read more
Market Timing Call: Up
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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 > read more
Anatomy of a Blown Market Timing Call
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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’ > read more
Focus on Strength, but Beware the Fed
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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 > read more
William Gann, Astrology, and Tunnels
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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 > read more
How Big Is The Facebook Effect?
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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 > read more
Going All In: Poker vs US Gov’t
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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 > read more
I Did Not See Today Coming
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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. > read more
Wednesday Momentum Stocks
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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 > read more
Today’s Rally Was Meaningless…
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…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 > read more
What Are People Really Saying
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This is a neat video that goes into detail about what body language and gestures really are saying about how individuals feel. > read more
Dip Buyers Could Be In Trouble
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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 > read more
What to Read Over Weekend Coffee
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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 > read more
Full Moon Could Stall the Rally
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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 > read more
Two Stock Picks That Could Find Support
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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 > read more
Google Mobile Revenue Blazing Despite Earnings
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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 > read more
Ending of QE2 Will Have Consequences
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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 > read more
Trading Wisdom Via Linda Raschke
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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 > read more
Market Update for 4.14.11
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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 > read more
How to Develop a Money Management System
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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 > read more
Market Call: Confirmed Down
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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 > read more
A Decidedly Negative Day
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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 > read more
Three Recent Leaders Nearing Support
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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 > read more
Sold the Open, Bought the Close
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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 > read more
Strong Case For Bulls & Bears
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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 > read more
Sentiment Charts Not in Bull’s Corner
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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 > read more
What to Read Over Weekend Coffee
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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 > read more
Consolidation Could Be Almost Over
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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 > read more
Dominance of Mobile Technologies, Patents, & Intellectual Property
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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 > read more
When to Sell Your Gold & Silver
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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 > read more
Failure to Hold Gains Is a Concern
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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 > read more
3 Momentum Stocks Rising on Volume
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S&P Index Thoughts
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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 > read more
Complete Turtle Trader Reviewed
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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 > read more
Timing Charts & Bullish Momentum Picks
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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 > read more
Investment Theme – Vacation Stocks
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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 > read more
What to Read Over Weekend Coffee
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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 > read more
Stocks > 10ma Bouncing Off Recent Lows
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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 > read more
Don’t Overthink This Market – Stay Long
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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 > read more
Discovering Why Stock Markets Crash
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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 > read more
Shelf That Bias as Dow Nears ’11 Highs
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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 > read more
Timing Signal Turns Bullish
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Angry Birds – the movie trailer
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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 > read more
Monday Momentum
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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. > read more
Mixed Signals Abound
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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 > read more
Best Charts From My Weekend Scans
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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 > read more
Swiss Franc’s Recent Dominance
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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 > read more
Timing Signal Remains Bearish
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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 > read more
Market Internals Falling as Markets Rebound
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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 > read more
Trade The Trader Reviewed
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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 > read more
Dude…Where’s My Volatility
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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 > read more
Precious Metals & TSX Video Update
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7 year three line break chart 2 month – 60min chart > read more
Midway Through the Seismic Window
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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 > read more
Cracks Emerging in the Bear Case
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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 > read more
Start Building Your Long Watchlist
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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 > read more
More Downside Seems Likely
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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 > read more
Why The US Gov’t is a Bad Business Model
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. 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 > read more
What Will This Full Moon Bring?
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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 > read more
Japanese Yen Multi-Yr Breakout
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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, > read more
Review of Alexander Elder’s Sell and Sell Short
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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 > read more
TSX Issues a Sell Signal
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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, > read more
A Glance Around the Globe
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US Dollar Should Bounce At Support
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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 > read more
Markets Will Be Hypersensitive to “News”
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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 > read more
Don’t Be a Hero in This Market
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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 > read more
Divergence in Sentiment Indicator
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. 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 > read more
Nasdaq Summation Breaks Support
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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/ > read more
Commodities Join The Correction
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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 > read more
Micro-Trend Trading for Daily Income
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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 > read more
Focus on Russia
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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 > read more
Using Market Internals to Determine Direction
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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 > read more
A Hill in Spain
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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 > read more
Market Sell-off Gains Momentum
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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 > read more
There’s a Secular Bull Market Somewhere
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. 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 > read more
Financials/Transports To Drag on Markets
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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 > read more
Update On Investment Themes for 2011
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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 > read more
Pullback Buy on Oil
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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 > read more
One of My Many Trading Mistakes – Bias
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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. > read more
Warnings Signs Remain Despite Rally
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Working off an Oversold Condition
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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 > read more
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 > read more
Lower Highs to Become the Trend?
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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 > read more
Bears Follow Through
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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 > read more
What to Read Over Monday Coffee
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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 > read more
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 > read more
The Allure of Investing Overseas Must Be Tempered By Forex Exposures
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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 > read more
When to Exit Your Contra Positions
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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 > read more
Scan Criteria For Sector Winners
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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 > read more
Wall Street: The Other Las Vegas
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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 > read more
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 > read more
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 > read more
Go Bruins Go! – Champions!
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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 > read more
The Disappearing Middle Class
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. 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 > read more
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 > read more
Market Timing Signal: Confirmed Down
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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 > read more
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 > read more
Price is Right – Agora Financial Style
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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 > read more
Can Libya Sink the Markets?
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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. > read more
Buyers Were Scarce Today
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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 > read more
Derren Brown Reveals Secrets of Cold Reading
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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 > read more
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 > read more
4 Momentum Charts to Watch for Tuesday
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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 > read more
What to Read Over Weekend Coffee
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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 > read more
Financing Can Provide Buying Opportunity
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. 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 > read more
Divergences Abound
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(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 > read more
Decoding the United Kingdom
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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. > read more
Bulls Pressing Their Luck
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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. > read more
4 Extreme Breakouts From Today…
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…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 > read more
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 > read more
How To Make Money In Stocks (4th Edition)
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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 > read more
QE Study of Low Volume
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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 > read more
Lines in the Sand for Nasdaq Summation
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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 > read more
US Dollar Looking For Support
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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 > read more
Star Performers Within Transports
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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 > read more
Weakness in India Could Be an Opportunity
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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 > read more
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 > read more
Markets Continue to Defy Gravity
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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 > read more
Lessons from 40 Films in 7 Minutes
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Using Keltner Channels to Identify Tops
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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 > read more
Trade Like an O’Neil Disciple
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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 > read more
Complacency Has Taken Hold of the VIX
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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’ > read more
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 > read more
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 > read more
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 > read more
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 > read more
One Good Trade by Mike Bellafiore Reviewed
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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 > read more
Uranium Breaking Out
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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 > read more
What to Read Over Weekend Coffee
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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 > read more
Closing in on 2007 Highs
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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 > read more
Opposing Views in Housing Market
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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 > read more
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 > read more
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 > read more
Using Mini Cycles to Discover Edges
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. 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 > read more
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 > read more
Low Volume Makes Market Analysis Difficult
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. 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 > read more
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 > read more
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 > read more
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 > read more
Apple is Due for a Pullback
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. 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 > read more
Complacency Hitting More Extremes
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. 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 > read more
4 Stocks With Clean Breakouts
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. 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 > read more
Market Analysis on Slow Holiday Week
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. 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 > read more
Nikkei Attempting a Long Term Bottom
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. 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 > read more
Sentiment Readings at Extreme
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. 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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
Site Will Be Down Intermittently…
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…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 > read more
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’ > read more
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 > read more
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 > read more
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 > read more
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 > read more
Ebb & Flow of S&P
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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 > read more
Check Out Red Dragon Leo
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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 > read more
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 > read more
Why I Went Long EOD…
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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 > read more
Test Post
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Checking on my feeds. > read more
Biotech and Drug Stocks Are Hot
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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 > read more
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 > read more
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. > read more
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 > read more
Rally Continues to Defy the Bears
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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 > read more
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 > read more
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 > read more
Aluminum Sector On Breakout Alert
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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 > read more
4 Stocks With Potential
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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 > read more
Bullish on the Dollar (Short Term)
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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 > read more
Self Correcting Market Poses Unique Situation
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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 > read more
Classic Sideways Market Action
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. 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. “ > read more
Time Perspective (Applied to Trading)
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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 > read more
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 > read more
Semis Lead the Way To More Upside?
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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 > read more
Trust in the Brave New World of Transactions
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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 > read more
Defense Stocks Follow Through
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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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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. “ > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
Market Timing Update
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Click for video > read more
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 > read more
News Corp Goes Mobile
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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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
Velti Looking to Start a Revolution
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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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
Markets Could Bounce, But Overall Bearish
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Related Posts: Regarding This Morning’s Weakness TSX is Looking Bearish Tuesday Could Set The Tone for the Week > read more
If I Had to Offer Short Term Downside Targets…
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Beware the Algorithmic Gatekeepers
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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 > read more
What to Read Over Weekend Coffee
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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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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… > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
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 > read more
Looking at the Market Thru Short’s Glasses
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Charts from video: Nasdaq Toronto > read more
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 > read more