• Key Bounce off of Short-Term Support

    What a solid bounce yesterday for stocks off of short-term support When you have a 15 point pullback in today’s market over a 3-day period, it becomes a ‘Generational Bottom’ or better yet, a ‘Generational Buying Opportunity’ for the bulls. Yesterday the market had a solid rally, a bit unexpected, as I didn’t think much

    By |Published On: June 2, 2017|3 min read|

  • Let’s Trade in June with Some Volatility

    May was a good swing-trading month for me, but I’m ready for some volatility in June There was literally one day of trading in the month of May that showed the market still had a heartbeat to it still. Nonetheless, I managed to make it another profitable month of swing-trading as you can see the

    By |Published On: June 1, 2017|4 min read|

  • It’s Snooze in May

    Instead of “Sell in May”, it is “Snooze in May” But more to the extent that the market is simply lacking the participants for big moves. There has only been one move so far this month that was in excess of 1%. But really, this market has been extremely flat since March. Nonetheless though, we

    By |Published On: May 31, 2017|4 min read|

  • Market Divergence + Bitcoin Ramblings

    One last thought about bitcoin Okay, I want to go this whole week without mentioning bitcoin, crap I just mentioned it and even titled this post after it, so lets go ahead and throw that idea out the window, because it was over before it ever got started.

    By |Published On: May 30, 2017|4 min read|

  • That Wall of Worry is Getting Steep

    New All-Time Highs – Everything is fine…or should I worry? It is like the market is a sling-shot. Last Wednesday’s sell-off represents the moment where the sling gets pulled back, really hard, and the subsequent six days of buying in the market represents the market ‘letting go of the drawn sling and watching it propel

    By |Published On: May 26, 2017|4 min read|

  • Bitcoin Crash + The Stock Market

    Bitcoins grow on trees Stocks rise for a fifth straight day. For sure though, the talk of the town is the metaphoric rise in crypto-currencies, i.e. Bitcoin. I’m literally sitting in a coffee shop yesterday going through my charts, and a random stranger starts asking me what I think about bitcoin. I tell him

    By |Published On: May 25, 2017|4 min read|

  • Nothing to See, Now Back to Our Regularly Scheduled Quiet Market

    Back to the Dull Market Action Just as I was expecting, we are back to the market conditions that we saw prior to last Wednesday’s sell-off. The market has bounced hard off of those Wednesday’s lows and within four trading sessions, we are back inside of the box that price action has spent practically

    By |Published On: May 24, 2017|3 min read|

  • Terrorism Adds More Headline Risk To The Stock Market

    Manchester terrorist attack adds additional volatility to the market The horror that terrorist groups keep bringing to the lives of people simply trying to live at peace and keep to themselves is startling. I'll never understand what could possess a person to bring such havoc to the lives of others - random people that have

    By |Published On: May 23, 2017|4 min read|

  • Headline Risk + Market Jits

    Political headline risk holding the market hostage Friday looked and felt great, until there was about 45 minutes left in the trading session, then when wheels were up on Air Force One, WaPo and the New York Times dropped simultaneous, rumored based articles that no one can verify independently. 

    By |Published On: May 22, 2017|4 min read|

  • A Long Market with a Short Memory

    The market that doesn’t hold a grudge With every crisis or potential crisis that occurs, the market has one of the shortest memories of all time. In some ways the market would make an excellent spouse, because when something doesn’t go right, it only holds it against your for a day, maybe a couple of

    By |Published On: May 19, 2017|3 min read|