If you trade with any frequency, even weekly, you probably have a routine. Read some headlines, pull up a few charts. Scan for anything that catches your eye. Typically, the things that grab you are big moves. This index shoots up, that stock plummets. But what I...
A couple weeks ago Harley Davidson announced it had compliance issues with a supplier. It was very ambiguous in its announcement but it did say it was shutting down production for two weeks. Harley has a history of controlling supply to protect the value of its bikes....
A few months ago, Elon Musk offered $54 a share to buy the company. Last week it barely eked out a rise to $40. The offer was met with all kinds of drama but it is still hanging out there. In fact, a period for the deal to get blocked due to an anti trust review just...
We have looked at DexCom (DXCM) a bunch of times in the past. It got crushed in the broader market downtrend and has recently been looking for some support and may have found it. After dropping more than half from it's high last fall, it is leveling off. If it can...
While the market may seem like it is thrashing randomly, it is actually showing a repeating and potentially revealing pattern. Many times as traders we want things to confirm our expectations. That can often force us to rush the true pattern and misread it. If you...
If you don't want to get tricked again, you need to play close attention. Fool me once, shame on you. Fool me twice, shame on me. This market has been throwing out signs of a potential major trend shift all year long. Now we are looking at yet another potential juke...
Back in January we looked at a stock that was not following the broader market. Checking back in I noticed it is still a bit of an outlier. When we looked at Marriott (MAR) at the end of January, (read the article here) we noticed that it was sticking to its 50 day...
Signs are all over that people are pulling out of the market but they are leaving money on the table. When things get wild it doesn't mean you have to run. With some simple tweaks to your strategy you It is possible to use this current environment to continue...
When one of the smartest people you know sends you a heads up, you pay attention. On Friday, Don Fishback sent me an email and pointed out that the last time we had eight consecutive down weeks in the Dow was at the end of the 1929 crash. It had happened a few years...
Here are three important tips that can save your bacon as this market continues to thrash. First, the trend is the trend. It doesn't care at all where you think it should go. Right not the trend is down. It has made some attempts to shake the gravity, but the momentum...