General Comments
[dc]R[/dc]eader Wei asks: From the examples in the book, you are clearly a long term trader using daily and weekly time frames. But what combination of time frames would you think is the best to apply the concepts and strategies in your book to day trading? Wei,
General Comments
[dc]R[/dc]ichard asks: "I saw a trade setup, but also saw reasons not to take it. [MACD divergence] A news release was also scheduled soon, and a large move before the report set up the trade again. I didn't take the trade, but the report
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
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]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.
Breakout
[dc]I[/dc]f you are a discretionary trader, you might also consider using some trading systems. In my published research, I publish three types of trades: purely discretionary trades (on both weekly and daily timeframes), a pullback system, and a longer-term trend following system. These systems were carefully selected
Chart of the Day
[dc]T[/dc]hough perhaps not properly a "chart" of the day, I wanted to share one of the several stock screens that we publish in my Waverly Advisors research. This screen highlights stocks that are consolidating with low volatility near the high (or low) of their 52
Climax
Double, double toil and trouble Fire burn, and cauldron bubble. -Shakespeare [dc]B[/dc]ubbles seem to be the theme of the day. Headlines like "Why Stocks Are Undoubtedly Experiencing a Massive Bubble", "Nobel Prize economist warns of U.S. stock market bubble", and "Shiller
General Comments
[dc]W[/dc]eek three of the course is now live. You can access it from the main page for the Course, which is here. This week is a very information-heavy week, so be prepared to spend some time absorbing the material. The first video is about an hour and