Monday morning I awoke with vivid recall of a dream. In the dream, I met a safecracker who specialized in cracking those antique safes made of steel or iron with vault doors and frames. (Incidentally, they sell on EBay for …
High Volatility Yields New Trading Tactics
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Oh, what a tangled web we weave when we go long cause we believe! (Believe that the market will go straight up that is.)
After hoots and hollers on Tuesday, reality set in on Wednesday. Not harsh reality mind you; …
With current conditions even daytrades will go in the model
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Let’s begin with a shout out to the Dow for its observance of “200 is the New 100” one more time! Another shout out to the S&P 500 for the best day in 2014! Cheers!
Payday for the bulls, a …
A valuable timeframe when RSIs get too rich
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With eyes primarily focused on the indices, particularly watching to see if the DIAcould confirm the island bottom or if the QQQs would endure, Monday’s session proved yet another example of the resiliency of the market all around.
Even with …
Market Conditions and Risk/Reward Contributors
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In the ongoing miniseries, The US Stock Market and He’s Not Heavy, He’s My Brethren Market, after wild swings, huge volume patterns, reversal candles on top of reversal candles, the week ended promising for the bulls in the Dow, QQQs, …
Lately, I (and quite certainly many, many more of you as well) spend at least six hours a day staring at 8 different computer monitors with such intensity that by the time I drag myself to the gym, either cook …