Bull markets are defined by leading stocks moving up, taking their place at the top of the heap. Market leadership is needed for movement in both directions, but most usually recognize when the upside leaders are visible. Looking at some charts from early May it’s not hard to find the ones leading the market lower…
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Below is a great article by Jill of nakedtrader.com! To recap our recent market timing observations, two weeks ago we noted that the world had returned to the line of thinking that lousy economic developments were good news, since they would give the monetary authorities an excuse to turn on the money taps, which as…
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As market players there is an overabundance of items we have to consider before making a decision, no wonder analysis paralysis is often the result. As if the equity markets are not enough to think about we also have to understand where the bond market is positioned. I have always believed an efficient bond…
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Below is an entry by Jill at nakedtrader.com. Check them out! First of all, we must confess to getting last week’s column wrong, when we said that the stock markets were back in the mode of treating bad news as good news. Over the past seven days we have been exposed to stories of economic distress…
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Hope is not a strategy – Vince Lombardi, former Packer coaching legend I was asked by some readers and subscribers the other day what my thoughts were on a potential rally, odds of it and how to be positioned. I recognize markets are severely oversold according to several metrics and on many timeframes, but that…
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I usually go with the first instinct, and then build upon that. John Otto We all have instincts and choose to react or not. Our first instinct is usually the correct one but do we tend to follow it regularly? With the wealth of information out there and opposing views it becomes extremely difficult to…
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I have never tried catching knives in real life, and clearly these guys are far better at it than I could ever be. [tentblogger-youtube k4zhp3ZCpKU] As you can see it takes great skill, focus and concentration….and luck. When there is reward on one end and extreme pain (regret?) on the other then I prefer to…
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A hearty THANK YOU to all the veterans who have served and sacrificed to make this country the greatest of them all. The freedoms we enjoy today are because of the selfless behavior of our wonderful troops to protect what we have. Nothing is taken for granted, we are grateful each and everyday. It is…
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With the wild and crazy action the last couple of days you might think I was crazy if I told you the net movement from the close on Monday to the close on Wednesday was three points. How could that be possible when the range was 32 points or roughly 2 1/2% of the index? …
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One of my favorite writers on the internet is Steve Place. Steve brings some fresh perspective about trading options and around volatility. I have mentioned him before and continue to read his material, it makes me a better trader – PERIOD. That is the highest praise that I can give anyone – Steve deserves it!…
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