Market Action:
I don’t like today’s action which looks very dojo-like on the S&P and Dow which both broke to new highs only to come back into their consolidations – not the decisive type of …
A Word on Google:
Very soon I’m going to send you the concluding part of my own videos on Informed Trading, so if you’re more of a stock fan, then keep an eye on your Inbox because it will be an…
Hi Everyone
Just a quick note to say that Doji type long-tailed bars have formed on the Dow, Nasdaq, S&P and a number of leading stocks including AAPL, GS, AMZN and WYNN to name but a…
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A concerted move up yesterday throughout the board as the US “officially declares the end to the recession” – notice I put that in parenthesis!
First let me say that I don’t ha…
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Ok, we have some divergence with the markets looking bullish (with nice bull flags forming) but the OVI having turned down on the S&P and the Nasdaq.
Let’s put this in context. …
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GLD finally broke out today meaning if you were patient, you’d be in a trade right now.
It’s been a pretty dramatic breakout and the OVI never got into negative territory even…
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I forgot to mention GLD, which is a Gold ETF …
Having been bullish for several weeks now, GLD stands on the precipice of a new breakout from its June highs.
The OVI w…
Hi Everyone
Impressive work by the markets on Friday but remember, in order to trade an upswing we need one of two things present before we can activate a trade safely:
(a) A consoli…
The Markets
One of the key advantages of trading breakouts with a robust trading plan is that if a flag or channel doesn’t break out in the direction of the trend, you won’t lose because your trade wa…
A strong bounce off the short term support today so far. There’s still a while to go today, but keep things in perspective, we just had the worst August in 10 years! Employment is still a …
