Wall Street

Just updated the Stock Screener – 3 updates in all. I also removed the “Fat Lady Sings” and the “Diamonds in the Rough” as they weren’t yielding me any descent results – so there is no use in continuing with those. The other eight screens remain in tact. Also updated the Market Barometer, however all

If recent history is any indication, it would seem logical that the bulls will buy the dip here and push the markets higher. On the other hand though, the market has yet to take breather in what is historically the worst month for stocks - You Make the Call!

Believe it or not, what you think you know is what usually gets you in trouble when you trade. There are plenty of people who think they “Know” and quite honestly they don’t know jack-squat. The one thing that we can be completely certain of in the stock market is that it is uncertain. You

Unbelievable – TD Ameritrade’s online website is down and no one can log on. I have a small account with them still in which I hold some long-term positions. Nonetheless, this makes me nervous about what might end up happening to ThinkorSwim down the road. This is why I left TD Ameritrade originally – they

I recently ordered from Barnes and Noble, the Book entitled Trading in the Zone by Mark Douglas. It is written with one objective in mind – to help you conquer the markets mentally. He doesn’t go into fundamental analysis or technical analysis, instead he tackles what he terms Mental Analysis (Love that term!) I’ve read

Here is a new feature that I am playing with, and if popular, I will try to do it every morning prior to the market opening. Based on the prior night’s chart reading, I will come up with a handful of charts that have potential Long or Short setups and provide you a handful for

Just updated five of the ten stock screens (five are updated each week), and updated the market barometer. In regards to the market sentiment no major changes, but after today, if the selling pressure holds up, there will be changes across the board. We haven’t seen a sell-off like this in months, and we’re likely to

Just finished updating the Stock Screens (five of them updated in total), and updated the Market Barometer. Overall the market remains extremely bullish, almost too bullish if you ask me. This could be the point where euphoria starts to set in, and all the newbies (i.e. dumb money) who just recently jumped back into the

Here’s an article out of the Associated Press worth reading… WASHINGTON (AP) — Federal regulators on Monday made permanent an emergency rule aimed at reducing abusive short-selling, put in at the height of last fall’s market turmoil. The Securities and Exchange Commission announced that it took the action on the rule targeting so-called “naked” short-selling,

Two weeks in a row with nothing but strong bullish advances – the question becomes whether it can continue this week. So far, the market has responded well to earnings season. Next week there will be more reports, and when yourself in the midst of earnings anything goes. One thing I was surprised to see