The week seemingly seals a few deals. First, the market is tired. I imagine, traders are tired too.
Although all indices remain in bullish phases, the weekly prices ended either near the lows- i.e. Russell 2000s, the Dow, and S&P …
MMMP: Up 16.6% since Sept. 1st.
SPY: Up 10.5% since Sept 1st.
DIA: Up 8.1% since Sept 1st.
Now really, would you bother to try to pick bottoms or go short as we end 2013 with a great 4 month …
Very mixed signals will keep us light
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All I want for Christmas is my rally back! Instead, the volume indicator I waited for showed itself with a vengeance, posting a significant distribution day in volume in all indices. We saw and noted the reversal candles in the …
Weak longs shaken, time to take conservative route
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Flat has several meanings. 1. Smooth and even, without marked lumps or indentations. I wonder how many can say that about their equity after Tuesday’s session? 2. Lacking interest or emotion; dull and lifeless. That’s a yes! 3. In or …
How to trade them
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Red and green are not only the colors of the season, but also those of my radar screen. Not much in the way of volume either, which means the first day of the second week, of the last month of …
Mixing it up longs/shorts all with risk control
Find better trades with How to Spot Market Opportunities: An Intro to Swing Trade Alerts…
We ended Thanksgiving week thinking that volume would be the main indication for when this market could see a significant enough top to make that claim, as opposed to the orderly and healthy correction that the first week in December …