General Comments
[dc]I[/dc] wanted to share a few thoughts and some analysis that we published in our research a week ago, looking at the supposed "sell in May…" effect. There are a few lessons here, ranging from how to think about the market statistically, to how to factor
Breakout
[dc]A[/dc] few weeks ago, I discussed a possible impending breakout in the British pound in this post. This is a good time to take another look at the pattern, how it has developed, and see if we can derive some trading ideas. First, the driving concept here is
Breakout
Silver is sitting on long-term support, with good potential downside below. There are a few things to think about here: First, this will not be a clean or easy trade; this is a trade that we have been stalking specifically for nearly a year, and have been leaning heavily short
Breakout
[dc]C[/dc]urrencies have been difficult technical trading for the past several quarters. This is partly due to the nature of currencies—though there is a lot of TA lore about currencies trending fantastically well, they also go through really choppy periods. Though currency prices are set by supply/
General Comments
[dc][/dc]Take a few moments, here at the beginning of a new year, to think about how do you handle your market biases and convictions. We all know the glaring examples of "biases gone bad": Permabears, some of whom have been firmly bearish on stocks since the
General Comments
[dc]W[/dc]e certainly live in a time of wonder. Science has pushed back the veil of superstition and mystery; progress allows us to live longer, comfortable lives and to devote our attention, usually, to pursuits beyond mere survival. In so many ways, this must truly be the best
Chart of the Day
We have been short Gold in our daily research several times this year. The most recent short was initiated 9/23/13, but Gold has been a strong performer for us through much of the year. This recent selloff has the potential to lead to a feedback loop and spark
General Comments
[dc]C[/dc]harts can be a powerful tool for market analysis and trading. At a glance, they can provide a quick overview of important price movements, can highlight supply/demand imbalances, and can suggest where repeatable tendencies in the market might be. Furthermore, because they are a visual tool,
General Comments
This is repost of an article I wrote last year (2012). I would have updated the numbers, but it wasn't really necessary as last December was flat enough that it did not materially alter the stats. This is the time of the year when we will start hearing
General Comments
I was on Chuck Jaffe's MoneyLife show last Friday discussing the longer-term outlook for stocks in 2014. (The file is an 8 minute audio file.) The subject of biases is worth discussing, and I'll plan a blog post on it soon. It is important that whatever
General Comments
Reader Tom sent me a note: "I am hoping you can help me. I set a goal for myself in 2013 that I would study the Level 2 Screen. I set a goal and I kept it. I was at the screen nearly every day the market was open.
Chart of the Day
Daily S&P 500 Cash Index with SigmaSpikes® I would like to share a note that I published in my daily research this morning: Yesterday's downward closes in major stock indexes deserve some attention; as our readers know, we have long held a strongly bullish bias, and