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    Sometimes A Market Bounce After Long Decline Looks like this

    What is a Dead Cat Bounce? In order to not offend the cat lovers out there, I thought I'd use a human example instead...(it tends to be more politically correct)

    By |Published On: September 28, 2012|0 min read|
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    Housing Stocks Look Ready To Dump – End of the Road?

    One thing I’ve seen pouring through the insane amount of daily charts today is the sudden change in behavior in home-builders. The four charts below represent this weakness quite nicely. In fact each one, Lennar (LEN), KB Homes (KBH), D.R. Horton (DHI), and Pulte Homes (PHM) all show bearish price patterns at their peaks that

    By |Published On: September 24, 2012|1 min read|
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    How Big Should I Make My Trades

    Let’s be frank – the bigger the better when it comes to trading stocks:  Big Returns = Big Money Big Portfolio = Big Positions Big Positions = Big Profits Bigger Positions = Bigger Cash Returns on Small % Gains = Less need for significant winning trades So Why don’t we all just trade as big

    By |Published On: September 12, 2012|3 min read|
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    What Am I Doing Day-Trading YELP Today?

    As I figure, I probably have about a 60% chance that this trade isn’t going to work out. So why the heck would I even make this trade to begin with? Because of the risk/reward that goes with making this trade. You see, YELP has seen a surge of buying interest in recent days, going

    By |Published On: September 6, 2012|2 min read|
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    McDonalds (MCD) and Why They Are Still On My Watchlist

    Yesterday I posted my long watch-list and on that long-watch-list I showed McDonald’s still on there despite a crazy head and shoulders pattern forming on the daily and the intraday charts. If you know me for any time now, you’ll know that I steer away trying to trade against those obvious pattern types.  However, just

    By |Published On: August 16, 2012|2 min read|
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    McDonalds (MCD) and Why They Are Still On My Watchlist

    Yesterday I posted my long watch-list and on that long-watch-list I showed McDonald’s still on there despite a crazy head and shoulders pattern forming on the daily and the intraday charts. If you know me for any time now, you’ll know that I steer away trying to trade against those obvious pattern types.  However, just

    By |Published On: August 16, 2012|2 min read|
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    Re-Election Politics and The Market Outcome

    The election for incumbents and stock market outcomes If you are like me, and live in a swing-state for this 2012 election, you are absolutely sick and tired of the ads, smears, lies, and just everything politics. I give more thought to moving to North Dakota every time an election cycle rolls around just to

    By |Published On: August 10, 2012|2 min read|
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    Now Ev’ry Trader Knows that the Secret to Survivin’

    What's the dadgum secret that this gambler knows that will allow us to succeed long-term in trading the markets?  Well let's just say it's a very simple secret: it goes like this...  [It's] knowin' what to throw away and knowing what to keep. Now to translate it for us traders: There's a time in place

    By |Published On: August 8, 2012|3 min read|
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    Son, I’ve made my life out of readin’ people’s faces

    Last week I did a post entitled “Don’t count your money, until the trading is done” and it was based off of a popular Kenny Rogers song called, The Gambler from way way way back in the day. It’s probably one of my favorite songs of all-time and there is a lot of relevancy to it considering

    By |Published On: August 6, 2012|2 min read|
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    Don’t Ever Count Your Money (Until the Trade is Done)

    This is going to be a farily informal post, but one thing I’ve been thinking about, and one thing that I believe gets in the way of traders in general is watching the Benjamin’s in their account. For me personally, I think watching how much an active position is up or down can really kill

    By |Published On: August 2, 2012|3 min read|