Today I presented a bonus training session for new members which covered much more than what I would normally cover in the weekly trade plan video. As a result the video is very big, and the number of stocks I …
If Medusa Meets the Market’s Rallysaurus In Greek Mythology, anyone who looks at Medusa turns to stone. Has our long-in-the-tooth Rallysaurus caught her gaze? The dinosaur, now perhaps a rock, freezes with his head up high and his mouth ajar …
Market Bias: Bullish Longs: BID MCK CHK Shorts: CUBE MCD
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Will the Market Scratch on the Door or Pee on the Rug? Artist: James Palmer Mulligan “Devil or angel, I can’t make up my mind.” Blanche Carter A week ago Monday, the Dow Jones Industrial Average declined. Tuesday it rallied. …
SPY Longs JNPR USO MU Shorts MCD HON PM
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Market Has Bloodshot Eyes Artist: James Palmer Mulligan (our godson) Imagine the 3 wires coming out of the subject’s ears as 3 different moving averages. On the left side the trend points up. On the right side, the trend is …
The Market Stands at a Frontier “OPEC said to Agree on First Oil Output Cut in Eight Years” Bloomberg. Not exactly as old as this vintage gas pump, a united OPEC does appear as an anachronism. Said to agree as …
If the Sun Shines, The Market Should Warm Up Earth Ships Taos, NM Since the focus on solar energy in Sunday’s Daily, First Solar has rallied about 4-5%. The S&P 500, on the other hand, has declined by about 1% …
Market Bias: Neutral. Follow the OR move that also moves beyond the prior day's range. Longer term bias is based on the range formed over the last 7-10 days. Longs: AMGN CAR DDD APA Shorts: GNRC LULU IBM
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The Market Spins a Fragile Web Monday, many Traders felt like this crab shell spider waiting in repose in hopes of catching flies in their webs. Anxious to capture more flies, the threat from predators’ kept spiders and traders hungry. …