Are your long positions and bullish biases starting to resemble a garden of curly, rusty steel?
Do you feel like after you enter a trade you risk getting screwed?
Do you see initial momentum on each trade followed by long …
Sunrise Santa Fe, New Mexico.
As I sip my morning coffee, I imagine the power lines as lines on a chart and the airplane a vertical price pattern gaining momentum.
However, as a mode of transportation, the plane’s upward trajectory …
To the right is a screenshot taken today of all six members of the Economic Modern Family.
The dotted line represents the 50 daily moving average. The solid line the 200 day moving average.
Semiconductors (SMH) sit smugly in a …
We placed a block of ice into the sink the other night and magically, Alfred Hitchcock presented himself.
The famed director began every episode of Alfred Hitchcock Presents by laying the groundwork for the evening’s story of suspense and terror.…
Today, news came out that New Mexico, our home state, has the highest unemployment record in the country. With a rate of 4.7% nationally, NM’s rate stands at 6.7% up from 6.5% a year ago.
Here are the top 3 …
Two out of the four market indices had inside trading days today. An inside day is when the current day’s trading range is literally inside the prior day’s trading range.
Imagine inside days like when investors look inside a window …
When the moon is full, the gravitational pull of the moon and sun are combined. Hence, the full moon exerts a powerful pull on the Earth.
The “lunar effect” whether real or imaginary, has no scientific evidence to back the …
“You sit on the bulls-eye and I will wrap my neck around yours to keep you there,” one Brontosaurus says to another Brontosaurus.
If you can imagine the Brontosaurus outside the bulls-eye as the indices and the one sitting on …
Sometimes, what catches the eye is the reflection rather than the thing itself.
For quite some time, the thing itself has had enough shine to superficially attract onlookers.
However, with the 5th day in a row of declines in the …
A huge fan of Game of Thrones, one of my favorite characters is Daenerys Targaryen, Mother of Dragons.
After losing her husband and child, she helps hatch three dragons from their eggs. At times, although they regard her as their …