Technical Patterns
This is the first in a short series of posts in which we will look at the basic, fundamental elements of directional trading. This series will be written for beginning traders—for those taking their very first steps—but I can promise insight for more experienced traders and investors, as
fundamental analysis
Understanding stock markets can be difficult. Which index should we look at? There are many ways to slice stocks: by market cap, by proprietary index methodology, by geography, by valuation, by sector, by industry, by looking at individual stocks... the choices can quickly spiral out of control. Though there'
General Comments
So, it's January 14th and I'm writing my first blog of the year. There's an important lesson here: habit, momentum, and daily rhythm are important. I have come to believe the power of habit is one of the most-neglected truths of the human experience.
General Comments
Traders often say "I don't predict anything; I just follow my system." I've always found this a little bit curious because when you trade you are making a prediction, based on a few assumptions. (Even for those marketers who try to insulate themselves from
Technical Patterns
This blog post is a review of every TradeLab we have published for MarketLife since our previous post. TradeLab was designed to be an easily accessible and digestible "trading lesson" in context of a current setup in the market. We get to see patterns set up and play
General Comments
General Comments
I thought it might be useful to take a few moments to look at the technical situation in US stock indexes. Though this is important work, we are only going to scratch the surface. I'll end this post with a quick look at other things you might want
Pullback
On 4 December, I fired off a quick tweet that generated a lot of discussion in my Facebook and email inboxes. (Curiously enough, not so much discussion on the tweek itself.) The tweet was just a quick snap of a daily and intraday chart of Bitcoin (BTCUSD) with the caption
Chart of the Day
fundamental analysis
Investors are terrified at the thought of a recession. (Writers love it, because everyone will read an article on a recession!) Investors are right to be concerned, as bear markets in stocks have lined up nicely with recessions--investors have a tough time, and real value is destroyed in good companies.
Support / Resistance
Markets broadly exist in two states: trends or trading ranges. In other words, a market is happy with the current price (and accepts it) or is moving to another price. Of course, this makes everything sound a bit more predictable than it actually is: trends can seemingly go on forever,
Chart of the Day
This will be a very quick blog, as I'm just typing a few thoughts here in the first few minutes of what might be a volatile trading day. This morning, I noticed an extreme negative NYSE TICK reading on the open, and ran some quick stats. * The low