Archive for July, 2011

  • Follow Up Post: If Any of This Applies to You Stop Trading Now
    Posted by on July 30th, 2011 at 7:23 pm, Comments: 0

    My post “If Any of This Applies to You Stop Trading Now” elicited a number of questions & comments from readers seeking advice. Many readers [...]

  • The Debt Ceiling Zugzwang
    Posted by on July 30th, 2011 at 5:38 pm, Comments: 0

    In chess there is a German word zugzwang (compulsion to move) which is commonly used when referring to a situation in which any move the player [...]

  • The Current State of The Market
    Posted by on July 29th, 2011 at 6:40 pm, Comments: 0

    All eyes are focused on the 200-day simple moving average on the S&P 500, there is also an important uptrend line from the March 2009 [...]

  • Taking My Bear Suit to The Dry Cleaners This Evening
    Posted by on July 28th, 2011 at 4:45 pm, Comments: 0

    The S&P 500 appears to be teed up for a test of its 200-day moving average which could come as early as tomorrow. The pullback can now be placed into the correction category as several market sectors have closed below key moving averages and support levels.

  • Clarifying My View on Gold & Silver
    Posted by on July 28th, 2011 at 12:48 pm, Comments: 0

    Gold & Silver remain in powerful longer term uptrends, however, in the near term I believe precious metals offer a poor risk/reward proposition from the long side.

  • Another Leveraged Product That We Don’t Need
    Posted by on July 28th, 2011 at 8:58 am, Comments: 0

    Have you guys seen this $RTSA? It is the iPath Short Extended Russell 2000 ETN – ETN stands for exchange traded note. This ETN seeks to [...]

  • Is it Time to Dust Off Your Bear Suit?
    Posted by on July 27th, 2011 at 8:27 pm, Comments: 0

    We can thank our elected representatives in our nation’s capitol for today’s 2%+ across the board equity market drubbing. Has the situation become serious enough [...]

  • If the Market Really Does Melt Down You Might Want to Make This Trade
    Posted by on July 27th, 2011 at 4:41 pm, Comments: 0

    After an ugly market sell-off, there are some serious signs of stress through markets. Most notably some closed-end bond funds saw high volume selling ($ARK, $PTY etc.).

  • If Any of This Applies to You Stop Trading Now
    Posted by on July 27th, 2011 at 12:57 pm, Comments: 0

    I normally don’t like to preach to my readers, however, this post is one that I have thought about writing for a while. For whatever [...]

  • Bull Flag vs. Disaster Sell Signal
    Posted by on July 26th, 2011 at 5:22 pm, Comments: 0

    Patriot Coal ($PCX) caught my eye over the weekend as a good looking buy setup. They reported earnings this morning and as a general rule [...]