• Information received since the Federal Open Market Committee met in September suggests that economic activity has continued to expand at a moderate pace in recent months.  Growth in employment has been slow, and the unemployment rate remains elevated.  Household spending has advanced a bit more quickly, but growth in business fixed investment has slowed.  The

    By |Published On: October 24, 2012|3 min read|
  • At first trading seems extremely simple, and compared to many other occupations, it is. But then you jump in and it doesn’t take long until you realize that it isn’t that simple. In fact most clients that come to me are rather astute individuals, yet they are feeling quite humbled because they’ve not been able

    By |Published On: October 1, 2012|2 min read|
  • I’m a huge fan of Rick Santelli, as he seems to be the only honest reporter in all of main stream media. The guy gets it and doesn’t care whose feathers he ruffles in the process of stating his opinion.  What gets me is that no one seems to really care about the long-term implications,

    By |Published On: September 21, 2012|1 min read|
  • Needless to say it looks like Bernanke is doing everything in his power to repeat history under the assumption that the US economy can't go down because of unfettered/unchecked centralized planning. He believed the banks were too big to fail, and apparently the United States is too. History isn't kind to such arrogance. 

    By |Published On: September 13, 2012|0 min read|
  •   Information received since the Federal Open Market Committee met in June suggests that economic activity decelerated somewhat over the first half of this year. Growth in employment has been slow in recent months, and the unemployment rate remains elevated. Business fixed investment has continued to advance. Household spending has been rising at a somewhat

    By |Published On: August 1, 2012|2 min read|
  •   Information received since the Federal Open Market Committee met in April suggests that the economy has been expanding moderately this year. However, growth in employment has slowed in recent months, and the unemployment rate remains elevated. Business fixed investment has continued to advance. Household spending appears to be rising at a somewhat slower pace

    By |Published On: June 20, 2012|2 min read|
  • I've been working on this trading strategy for a while now, but really started to focus on it solely in the past week.  Here are some charts showing the moves and a brief explanation. 1. Have either 4 screens or set your 1 screen to 4 charts so that you can see them happening at

    By |Published On: January 13, 2012|2 min read|
  • This post shows the 2 possible trades on tza today.  Each is making use of the 20ma not only to confirm the entry, but more important to help confirm weakness and the sell point.  I always look for what I call an accumulation candle to occur for the buy….one that is significantly larger than most,

    By |Published On: December 19, 2011|1 min read|
  • For those of you interested, I thought it might be helpful to have all of the leveraged ETF's in one place.  Feel free to copy and paste them onto your computer for easy reference.  The first are 3x leveraged, followed by 2x leveraged. BGU - Direxion Daily Large Cap Bull 3X Shares BGZ - Direxion

    By |Published On: December 10, 2011|9 min read|
  • A great example of a positive breakout.  Wait for the moving average crossover to sell, or because of the amount of profit take 1/2 off the table and let the rest stay in play.

    By |Published On: December 9, 2011|0 min read|