Market’s have rebounded well since the sell-off that led to a test of SPX 200-day moving average. Following today’s CPI report in the pre-market, and the subsequent sell-off, I was ready for the market to begin its selling yet again, so I raised my stops to protect all profits.Â
Beyond the technical analysis of the overall market, it is critically important to keep tabs on each sector, to know where the strength lies. For instance, had you invested in utilities over the past two months, you would be down royally, on your trade, while the rest of the market rallied. The same could be
One of my new changes to the website that I talked about last week was providing you with my watch-list of stocks that I am paying close attention to. Last week, I merely provided you with a list of symbols, but this week, I am ranking them by favorite to least favorite, and on top
Sometimes I can't help but think that this market has become so bullish that we are like the blind guy below who will swing at anything that has a bell on it! Regardless, the trend continues to march upwards, and we are foolish to ignore the opportunity before us. However that doesn't mean that we
Busy day for me today as I greatly reduced my short positions in my portfolio. I have to say that the past two days have been somewhat disappointing for me that we haven’t got as much action out of the market to the downside as I had hoped for. And both days have had intraday
Here’s a nice little cheat sheet to find the ETF to meet your investing and trading needs. While there are thousands of ETF’s out there, these are the ones that are most often traded in. We have them broken down by category so you find exactly what you need very quickly. Broad Market | Large-Cap