The week ended with a great divide. Some might say, a Continental Divide! The S&P 500 and the Dow maintained their bullish phases. In fact, the initial gap lower turned out to be a great buy opportunity in multiple instruments. …
A constructive session given some more bad economic data and North Korea in the headlines. Friday's job report, I will venture to speculate, is already factored in for worse rather than unchanged or better. Therefore, the surprise could be on …
Only have to right 25% of the time and still be highly profitable with this strategy
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Ha! When I read back what I wrote last night about John Q. Public, then look at today's action, I realize why the public tends to lose-they get in too late and out too early! But really, the market hates …
Balancing longs and shorts, this correction doesn't hurt us
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Lots of traders, myself included, have spent the last 1-2 years using the small caps (IWM) as the major barometer of health/weakness of the overall market. Twitter has had a plethora of warning tweets about the concern in this index …
Having a Plan and Sticking to It
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Quiet session volume wise, but some of our concerns expressed last week, namely overall weakness in certain key areas, gave the market a red day after last Thursday's exciting close. The only sector of the major ones I write about …
Good time to turn to stocks under and outperforming for day to mini until signs are clear
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The Headline at the end of Thursday's session: S&P 500 closes the week at record high for the first time since 2007! However, it did not clear the closing high made on March 14th of 156.73. Thursday's high was posted …