Get Your QuickStart Trading Lessons

Get Your QuickStart Trading Lessons

Stock and Options QuickStart Trading Lessons, Imagine having a master trader walk you through 5 detailed training sessions showing you some of his most powerful trading knowledge and secrets and then you have the ability

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Was Friday’s Price Action a Fool’s Bounce?

The indexes are currently forming a “Bear Flag” bearish continuation pattern and although Friday’s price action was very bullish, I don’t feel that we are done moving down. Watch for the indexes to test support 5-6% below the recent high.

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Bullish But Cautious

We continue to move higher and I continue to be bullish. We are currently at a key resistance level in the Compq and we are testing the closing high from October 2007 at 2834. We are also about 29 points away from the trading high at 2862 in

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Get Your QuickStart Trading Lessons

Get Your QuickStart Trading Lessons

Stock and Options QuickStart Trading Lessons, Imagine having a master trader walk you through 5 detailed training sessions showing you some of his most powerful trading knowledge and secrets and then you have the ability

Read more

Was Friday’s Price Action a Fool’s Bounce?

The indexes are currently forming a “Bear Flag” bearish continuation pattern and although Friday’s price action was very bullish, I don’t feel that we are done moving down. Watch for the indexes to test support 5-6% below the recent high.

Read more

Bullish But Cautious

We continue to move higher and I continue to be bullish. We are currently at a key resistance level in the Compq and we are testing the closing high from October 2007 at 2834. We are also about 29 points away from the trading high at 2862 in

Read more

The Market Says Long And We Should Listen

We continue a very bullish move even in the face of seemingly strong geo-political headwinds with the events in Egypt.  I feel that we will continue to push higher and 2011 will be a very bullish year.  We are overdue for a correction but it shouldn’t be a massive sell off but rather more of [...]

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Pot Holes In The Road Ahead

Pot Holes In The Road Ahead

The market continues higher confirming what I suspect will be a very bullish 2011, although, we are overdue for a pullback. Watch for a breach of the 20 simple moving average and the recent trend line that has been in place since September. The retracement when it occurs

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The Dozen Do’s of Credit Spreads

The Dozen Do’s of Credit Spreads

Credit spreads should be a mainstay of your trading game plan. So much of your success in this trading strategy begins with the proper design and implementation of the trade. The following 12 tips will help you on the road to credit spread stardom.

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Will The Bearish Sentiment Continue Next Week?

Will The Bearish Sentiment Continue Next Week?

We experienced a bearish week as predicted in my analysis from last week. Today’s action was especially bearish with Egypt’s civil unrest. We were overdue for a pullback and it is healthy for the market to do so. I don’t believe the pullback will be massive

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Take Out The Umbrella

bullish trend appears to be weakening. Market internals such as the advance/decline numbers support a lessening of bullish sentiment. We currently have a bearish divergence with the MACD and Stochastics is indicating a bearish move. The Nasdaq looks to be leading the way down and has broken

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The Steady Climb Higher Should Continue

The Steady Climb Higher Should Continue

The market continues to push steadily higher on positive sentiment. We are now in earnings season and it will be interesting to note whether we get confirmation on the bullish outlook from the collective forward guidance. January is looking quite strong and is consistent with historic seasonal tendancies

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A Buffett Rule of Thumb

A Buffett Rule of Thumb

I recently read an article from Dan Ferris and he had some interesting statistics about the current valuation of the stock market. From a contrarian point of view, excessive optimism and speculation produces excessive, dangerous valuations. If you were to measure the valuation of current market

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Bermuda Triangle Economy

Bermuda Triangle Economy

Are we at the tail end of the biggest dead cat bounce in decades? There sure is a lot of bullishness out there for a market that has been essentially sideways for 2010. Are we at the tail end of the biggest dead cat bounce in

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