Last week we talked with Keith Harwood about where he is finding good trades in a market that was continuing to slide. (check it out here) After yesterday's dive clean energy is still fighting the downtrend. Even thought they gapped down with the broader market...
Inflation has been off the charts since the beginning of the year so one would think a high Consumer Price Index report wouldn't be a surprise to traders. But the way that indicator impacts the market is a bit more complex. As we look to see if today's news will cool...
The S&P broke through the 50 day moving average last week as it pushed upward. We will be watching closely to see if it continues above the 4100-4150 level. That would be a sign that it is breaking out of the chaotic downtrend we have seen since the beginning of...
Sure that trade looks ugly, but it has to get better, right? it can't get worse... can it? We have all fallen victim to second guesses and tried to wish a trade to turn around. It begs the question of how long do you wait to exit a trade? It could even be a profitable...
With a downtrend holding intact and a market that is throwing many fake signals it may seem like good trades are a thing of the past. But with the right tools and some hard earned experience, there are great trades just waiting to be taken. We put Keith Harwood,...
A week ago, we noticed that OIH, the ETF that tracks oil stocks, was showing signs of a potential move. (check out the article here) Sometimes, the charts can see things we don't even know are happening behind the scenes. There could be a plausible explanation....
Trying to spot the trades that are going against the market seems like a tall order. But if you take a simple approach, you can find some really nice diamonds in the rough. We have looked at this approach in the past (check it out here) and the good news is it...
With the market getting tossed like a rag doll, finding high potential trades with any level of confidence may sound tough but it can be easier than you think. When you start to break down the recent market moves it reveals some clear guidelines to spot and build...
While gas prices have dipped just enough to get everyone back on the road again, oil has been working on a nice run and still has room to go up. After hitting a low in July, it has staged a steady crawl upward. But if you look at the chart you can see two strong...
Markets started a free fall on Friday and are looking to extend the drop. After laboring to create a bear market rally news from the Fed late last week thwarted the somewhat fragile upward momentum and looks to beat up the indexes quite a bit. Take a look at the...