The simple answer is yes and that is one major reason why I am not gambling on the news tomorrow. Read the rest of this entry »
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Can News Trump Technical Analysis?
The simple answer is yes and that is one major reason why I am not gambling on the news tomorrow. Technical analysis helps identify trends to help guide investment decisions but, TA should never be ...
Will We Follow-Through or was Wednesday Just a Trap?
The bulls were looking for a reason to buy at these low levels and today provided that oversold opportunity. China PMI came in slightly better than expected and that was a big relief to most ...
Don't Feel Obligated to Play this Market
While the bears didn’t gain any ground today, the bulls couldn’t get anything going either. With consumer confidence coming in slightly better than expected (yet not a strong number), the bulls tried ...
Free Games
Market getting you down? Slow day? Push the reset button and play a game to relax. // (function() { var hzex = document.createElement("script"); hzex.type = "text/javascript"; ...
A Third Hindenburg Omen Confirmation?
If I said today was a terrible day in the markets that would be a clear understatement. Even with almost everyone knowing that housing numbers would be well below expectations, it still seemed to come ...
A Daytraders Strategy: Part 1 of 2
Part 1 of 2 All successful day traders have a method or methods to reduce risk and net quick gains. The idea is to make quick yet small gains over and over to build wealth over ...
Lesson to Remember: A Terrible Trade (Thresher Industries THRR)
Most sites will talk about all the 1000% gains they supposedly made yet never talk about any bad trades or provide lessons to actually learn from. They want you to think that experts are flawless ...
Dangerous Stock Market Forum Pumpers: Be Careful
We seem to have found a new wave of pumpers in GoIP Global (GOIG) blinding new shareholders once again. As I stated before, this company has a great concept with a terrible driver behind the ...
A Daytraders Strategy: Part 2 of 2
Continued from Part 1 of A Daytraders Strategy Another successful strategy I use to day trade is very similar to the one used in Part One. However, this strategy uses different indicators to lead the decision ...
Economic Recovery being Proclaimed at Every Turn
The outlook on jobs continues to be a pain for any economic recovery even with some economic indicators, such as the market, saying we are seeing a recovery this very moment. I do not buy ...
The bulls were looking for a reason to buy at these low levels and today provided that oversold opportunity. Read the rest of this entry »
While the bears didn’t gain any ground today, the bulls couldn’t get anything going either. Read the rest of this entry »
After a strong showing Friday by the bulls and the chance to show us Monday that they are finally here to stay, the bulls instead chose to cower in the corner. Read the rest of this entry »
If I said today was a terrible day in the markets that would be a clear understatement. Read the rest of this entry »
The Monday morning vigor continued today but, after only a few minutes, it quickly disappeared and we trended lower into the close. Read the rest of this entry »
Thursday was another rough day in the markets as we continued the sell off. The bulls managed a bounce but we could not break the resistance at the 50-day simple moving average of 1087. Read the rest of this entry »
