Finding the right signals will give me all the confidence in the world, and simultaneously, it will define my risk before I enter a trade. I always look for signs that the market may collapse, but also signs that it may recover. Having an open mind is what helps...
What kind of risk do you want to take today? When I look at the market, I see reasons for optimism on a technical level, and reasons for skepticism. On a fundamental basis, I see reasons for optimism, and I see reasons for skepticism. So how in the world...
UPDATE--Unusual market conditions are creating an urgent opportunity. This climate is ripe for crushing surprises and also account boosting swings. I am updating my webinar tomorrow to show how you can be in the best position for exploiting this climate. Sign up here...
Am I convinced? Is this the move that tells me that I should buy because the fall is over? Am I convinced that we’re falling into a bear market? Or am I still convinced that we’re going nowhere? For now, it’s the last one. I’d love to tell you we’re going...
Will oil ever take a breather and have a downward swing? Or more severe, can oil find a top and fall from current levels drastically? And how does that impact the rest of the trading universe? I’d like to think that when I drive to a restaurant, the gas...
Is now the time to buy the dip in tech? Or is it time to rotate to another sector? Or is holding cash the new king for now? These questions can all be answered with yes, and all can be answered with no. The key is understanding what type of risk you...
As the last week has progressed, the markets have been getting more and more convinced of a new bullish move. Tuesday’s 2%+ move in the NASDAQ 100 is certainly a positive sign, and it really shows how quickly investors want to get in – 2% is about twice the...
Is it over yet? Or are we just getting started? With the pullback, I’m looking for a bullish signal. Counter-trend tends to give the best leverage if you can time it right, so I’m looking to see if there’s something counter-trend that can tell me to time...
The market isn’t giving a lot of clear signals to the upside, but there are actually a handful of names that seem interestingly bullish in spite of the market’s overall bearish behavior. Part of what intrigues me about these setups is the general market action that is...
It’s time to really evaluate overall markets again. Breakouts or collapses seem to be getting into position in broad indexes, and once that first move happens, it could set up everyone else. So, let’s look first at SPY, the S&P 500 ETF that I monitor for our...