The first day of 2014 began with negative price action. Now, as we approach the 2 week mark, the writing appears to be on the wall.
With the spectacular moves in certain sectors and with only a few longs, I …
Way to go out on a high note! The Friday U-turn I wrote about happened, but not in just a few instruments; rather, in many.
The fledgling Country ETFs turned around nicely which means with any follow through this week, …
I began this week predicting Monday would set the tone for the rest of the week. Well, if digestion, choppiness and diversion were the tone, thenyes-but directionally in the indices not so much. I also predicted that Friday after the …
Concerns in the market are not unwarranted, yet there are such bright spots. Therefore, more important than ever to note the sector and group rotations and make sure you are diversified.
With the FED clearly on taper mode, the dollar …
The market still has me somewhat concerned-not the end of days type of concern, but more of when will the big correction really get going type of concern. I write this because of how the first 3 trading days began …
Coming into today: “Considering we began with a correction from the highs in all indices and 2 days of a negative short term bias, if Monday continues in that direction, follow-through is the most likely scenario…. Then, we can look …
After the first 2 trading days of 2014 and with the start of the first full week of trading, earnings season, ending the coming week with a jobs report, I expect Monday’s direction to dictate the bias for the ensuing …
Hello 2014; hello correction. Although the last 10 trading days of December brought all indices and many individual instruments to new highs, many aspects of the market were troublesome in light of that. Furthermore, with Thursday’s session decline, many wonder …
The hardest thing for an active trader to do is leave a thriving bull market for a vacation where sitting on a beach or touring a museum bores in comparison. However, this active trader knows that the market is always …
Who doesn’t love a good headline? Dow Makes Another New High! But, headlines are sound bites. Sound bites catch attention. And attention is something better paid to the upcoming holiday season right now.
End of year tax selling, lack of …