Happy Veteran’s Day! In keeping with bank holidays, the market was quiet all around with pockets of pain and pleasure. The indices that came into Monday’s session with inside day ranges from last Thursday began the day slightly higher than …
Choppy action plus help finding defining stops and targets
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After Thursday’s nasty selloff, the Russell 2000 (IWM), the S&P 500 (SPY), NASDAQ (QQQ) and many individual instruments finished off the week with inside days.
In IWM, the top of Thursday’s red candle lines up well with the lows from …
From your Hot Air Balloon pilot: “An experienced pilot will bump along the ground to stop the balloon gradually, minimizing the impact.” Then, all hell can break loose! And so it goes. A cycle ends and ends badly with the …
An in depth look at our portfolio
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How I see new highs in the Dow:
If you actually need to get somewhere, a hot air balloon is a fairly impractical vehicle. You can't really steer it, and it only travels as fast as the wind blows. But …
How we are preparing for end 2013 beginning 2014
Read More: How to Optimize Your Sector Rotation Trading System for Success…
Those 4 scenarios we have been watching distanced further from realization on Tuesday. The Russell 2000s held the necessary support but retreated from the overhead fast moving average. The Real Estate and Homebuilders groups fell in price. The Financials also …
Risk, Risk, Risk-Most Important, 2nd to Position Sizing
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I watched for 4 scenarios to develop as the week began. First, that the Russell 2000s would recover, clearing resistance. That did happen although it still needs to clear the fast moving average. Secondly, that the Real Estate and Homebuilder …