• Best day for this market in a long time, especially after trading in consolidation for about 3 weeks. I've got CREE up 4.5%, SJM up another 1%, XEC up about 6% and a whole slew of other stocks trading higher too.  In the video here, I tackle the market's direction going forward now that we've

    |August 1, 2013|1 min read|
  • I know some people will think I am a moron for this video, “How can you not want the profits from a trade?”.  Simple. I don’t want to risk the necessary amount of capital that I would have had to of done to get those profits.  Most traders don’t understand this. They simply think that

    |July 18, 2013|1 min read|
  • This is what I consider to be  a niche issue in the realm of trading, but I’ve seen it happen more and more lately, and in particular this year, and that is when the market is up 6,7 or even 8 days in a row. A lot of emotions start to enter the market, and

    |July 12, 2013|0 min read|
  • Today’s market action showed us a great example of how you can better understand how to trade around and during the times when the FOMC Statement or Minutes have been released. Nearly every time they make an announcement it sucks in hopeful bulls and bears alike out of fear that they will miss some far

    |July 10, 2013|1 min read|
  • Visa (V) was a trade that I booked profits in today of more that $10/share. But what is more important is to know why I booked those profits, and how I was able to avoid the $4.00 reversal that happened soon thereafter, to the downside.  I use Bollinger Bands, probably not in the most

    |July 8, 2013|1 min read|
  • Quite the market today – we get lulled into boredom and a market stuck within a 2 point range on the SPX and then this – massive sell-off into the close.  That 20-day moving average continues to be the achilles heal for this market…  Find out more in today’s Market Rant:

    |June 17, 2013|0 min read|
  • Market is breaking the necks of the bears today, as the majority of today has been primarily a result of someone yelling “FIRE” in a Bears-only movie theatre. They are all scampering for the exits, and with it their damaged pride. It is frustrating to be a bear in this market, because just when you

    |June 13, 2013|1 min read|
  • Enjoy a nice overview of today’s markets and a rant of my own over the need to call major market tops and bottoms. Don’t be that guy…or gal that does that. I’ll give you good reason why.  Just watch the video below. 

    |May 28, 2013|0 min read|
  • Enjoy my latest rant and first video in quite a few weeks – I found it necessary to get some stuff off of my chest when it comes to one of the most abominable trading habits that I can think of.  It is not that I dont’ care about the profits, it is that

    |May 23, 2013|1 min read|
  • In case you missed the Paul Tudor Jones interview on 60 minutes last night, I’ve provided the video below for you to watch. One of the greatest traders of all time… definitely worth watching.  Here’s the 60 Minutes interview.

    |May 6, 2013|0 min read|