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Oversold But Still Room to the Downside

As I’ve said for several weeks now, we’re oversold, yet with more room to the downside.   We’ll get some more cat bounces for sure, but there simply has not been the necessary capitulation (and resulting rebuild) yet.   I also said that this time we are very unlikely to get that V-shaped bounce that occurred in 2020.   This recovery will be slower and in many ways easier to recognize and trade when it comes.   In the meantime, we’ll have to pick off the cleaner setups when they arise, and make our overriding priority capital preservation.   Talking of which, one of our more recent members has reported extraordinary savings (literally 7-figures) simply by applying our processes, which he previously was not aware of.   Of course in some cases there will be simple options strategies to take

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Market reviews and blogs

Your best source of investment news from WiseTraders and Guy Cohen.

Macroeconomics and Stock Market

Understanding Market Conditions

Understanding the overall market condition when trading is one of the most important aspects of trading. Many traders fall into the trap of not knowing when to scale back their trades.

So how do you determine when is the right time to scale back your trades?

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Oversold But Still Room to the Downside

As I’ve said for several weeks now, we’re oversold, yet with more room to the downside.   We’ll get some more cat bounces for sure, but there simply has not been the necessary capitulation (and resulting rebuild) yet.   I also said

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Line of Piggy Banks

Tips for Building a Diversified Portfolio

You’ve probably heard the old saying “Don’t put all your eggs in one basket”. It’s one of the essential components of financial advice, which over the years has been simplified to: “Diversify your portfolio”. But not everyone explains why, how,

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Bottom Fishing is Not a Wise Idea

Over the past few weeks I’ve noted that the markets were oversold but still had plenty of room to the downside.   I could repeat that again, but finally the market responded with a steep bounce on Friday.   Before the pre-market

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Macroeconomics and Stock Market

Understanding Market Conditions

Understanding the overall market condition when trading is one of the most important aspects of trading. Many traders fall into the trap of not knowing when to scale back their trades.

So how do you determine when is the right time to scale back your trades?

Continue Reading

Still Oversold, Still Plenty of Downside

In Blackjack, the accomplished player backs off when his own (first two) cards are sub-optimal and when the dealer is on a hot streak.  The amateur player plays on regardless.  Conversely, only when the accomplished player has a higher probability

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Oversold With More Downside

First, just to say how much I and my team enjoyed our Miami Bootcamp. Our regulars reported that it was our best yet, and I also want to thank all attendees who make it such a memorable occasion. Plans are

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Same Again As Last Week

A weak close on Thursday keeps the markets on the same knife edge I’ve been talking about over the past two weeks.  The only conundrum is that we’re right in the middle of earnings, which means momentum can turn on

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Markets Still On a Knife Edge

We’re well into pre-earnings now, and the markets have inched downwards, giving a different feel to last week.   A couple of large institutions have been talking up a recession as the yield curve has flattened, while the main indices are

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