The first trading day of 2012 was spectacular for us as we booked several winners. When opening swing trades you need patience to let them work, and in this market that is no easy task. However, with a good trend, solid technical patterns and buyers on our side we were able to take advantage of…
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I’m ready to put the ‘pedal to the metal‘ in 2012, are you also ready? We should see some good action, excellent opportunities on both sides of the trade and some good looks with our option trades. It could not be much harder than 2011 and now that year is behind us I eagerly look…
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I would first like to wish you and your family a happy, healthy and prosperous New Year. It’s always at this time we take a moment to reflect on what we have, I am grateful for a wonderful family, good health and outstanding community of market traders like you. While some turbulence was seen in…
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Leadership – the capacity to lead, or the act/instance of leading. Where will we find the companies leading markets in 2012? That is the million dollar question. Your recent leaders of today may not be your leaders of tomorrow. PCLN? LULU? CMG? NFLX? CRM? Nah, there are new kids on the block. Depending on where…
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We’re about to close the books on this year, and around this time we look back on what went wrong or right, where we can make changes for better results in the new year. I don’t spend too much time looking back, but if I don’t look at the mistakes then I’ll never learn –…
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Many traders and investors are like me, having been to the ‘school of hard knocks’ to get educated. If I had my choice I would have taken a different, easier path. The trading barriers to entry are low but the barriers to success are very high. Nothing in life is free and certainly to understand…
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We are in the moving business, not the storage business. The charts and technicals tell us where price, momentum and sentiment have come from, while we interpret levels and decide which pattern is being set up. For the last month the markets have provided some jagged moves within a narrowing range (see chart below). Historically…
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Just a couple of weeks left before the Christmas holiday and the pressure is on. I’m not talking about the stores and shoppers, which will no doubt be crowded up until the last minute. No, I’m talking about managers trying to beat the markets or specific bogeys. Time is running out before year-end and many…
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That didn’t take long. Dow up nearly 1000 points in a week. Sentiment changes so quickly these days in these times of uncertainty. How was everyone feeling after Thanksgiving? A bit of indigestion for sure. Back in risk ON mode now? I cannot recall such an extended time of quick turns in trading and…
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Seems that every email I have received lately, blogs sent to me for reading or those on twitter give absolutely no chance for the world to continue. End of the world predictions are as common as a sunrise. Yet, how have those predictions ever worked out? Today’s macro issues are nothing to be complacent about,…
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