I have had the distinct privilege of interviewing a number of top traders who utilize technical analysis to produce significant outperformance in the market. Continuing that tradition, this month I am honored to share this extensive Q&A with Sylvain Vervoort who has over 35 years of trading [...]
Sad to say, it is time for the last member mailbag of 2009. If you are a new member or only read the website occasionally, I highly recommend you take time to read past mailbag posts as they offer more in-depth information about a variety of [...]
Will Santa Claus rally the markets this year? (BusinessDay)
2009 review & 2010 preview (Prag Cap)
In retrospect: a year that is almost over! (Value Expectations)
2010 should be a "can't-lose year" for investors (Daily Finance)
"If there is one word I'" [...]
At mid-month it is time for the monthly update to our widest discounts from book value screen. Since November 16th, the screen performed well by posting a +4.42% return (16 winners & 7 losers). During the same period, the S&P 500 gained +0.43%.
Here's how the screen has performed [...]
A couple of months ago I had the privilege of interviewing Bill Schultheis from The New Coffee House Investor. In it we discuss a wide array of topics and questions that all investors must face and conquer successfully to reach their financial and investment goals.
Recently [...]
We started the week at S&P 1105.98 and ended at 1106.41.
After extended rallies it isn't unusual to see a range bound trade to work off overbought conditions and that is exactly what we continue to see. For the week, both the Dow +0.80% and the S&P' [...]
Corey Rosenbloom from Afraid To Trade will be here at 11:AM EST to take our questions. To attend or view the archived session at a later time, please visit the following link:
Strategy Session: Corey Rosenbloom
Corey offers a lot of terrific market analysis at [...]
Back to the middle of the trading range as the market remains magnetized to S&P 1,100ish:
All but the Russell was able to post a positive return on the day though volumes remained very low. Like most days of late, much of the day's trading activity occurred [...]
Wake up gentlemen! (Times)
Dollar/stocks inverse relationship: when will it die? (MarketBeat)
Dollar bears beware! (MarketPulseFX)
We must spend our way out of this recession! (ETF Digest)
Merry Christmas Investors! (YouTube)
Time to open up the old member mailbag. Topics for today include:
How To Detect Breakouts
Adapting To Market Conditions
Three Wishes
Technical Review Of ASIA
Weakness Among The Market's Generals
A Perspective On Market Sentiment
The Lowest Form Of Technical Analysis
Using AAII's Stock Screens
Performance Drag [...]
Good morning. Futures are negative and pointing to a lower open following weakness in overseas markets and strength in the U.S. dollar.
There's quite a bit of noise this morning and the top headlines are:
FedEx shares gain on sunnier outlook (MarketWatch)
A decline in comparable store [...]
Good morning. Futures are negative as following mixed performances in overseas markets and a stronger dollar fueled by interest rate fears.
News flow is relatively quiet as we start the new trading week, but some of the top stories include the following:
Economists who foresaw payroll surprise [...]
Good morning. Futures are very positive following the jobs report which showed only 11,000 jobs were lost and a 10% unemployment rate.
In other news, China hints at sticking to dollar despite worries, Obama promises immediate action to spur hiring, House Democrats [...]
Although always in the forefront of my mind as a trader, I've been thinking about this topic a little more recently than normal.
As some of you may have heard, we had a highly-publicized tragedy here in Utah after a young man, John Jones who is pictured' [...]
Good morning. Futures are positive as the dollar drops and overseas markets rally especially in Tokyo as concerns over the strong yen eased, Euro area GDP was up +0.4% and the ECB left interest rates unchanged at 1% as expected.
That said, much of [...]
Another busy day at the farm as the majors knocked on the door briefly at new recovery highs but then rolled back into the trading range leaving us at S&P 1109. This is the third time we have closed that same exact level since November 16th.
[...]
Apocalypse how? (FT)
Five reasons to expect a near-term sell-off (Pragmatic Capitalist)
Support seen at S&P 1050-1085 (Bloomberg)
S&P 500 action calls for caution (Investment Postcards)
Russ is speaking. Are you listening? (Chart.ly)
Technical analysis on the emerging markets ETF $EEM (Afraid To Trade)
Is it [...]
Good morning. Futures are positive following strength in overseas markets, a weaker dollar, and reduced fears over Dubai.
As Wall Street returns to work, there is a lot more news to work with today. Some of the many headlines include news that Dubai World is [...]
If only every month were November! Since October 30th, the S&P 500 rallied +5.74%, Dow +6.51%, Nasdaq +4.86%, and the Russell 2000 +3.01%.
Let's now take a look at how the stock screen machine performed in comparison:
To access these proprietary stock screens, please login. [...]
This was a challenging trading week!
For the week overall the Dow fell -0.08%, the S&P 500 gained +0.01%, Nasdaq -0.35%, and the Russell 2000 -1.28%. The best performing ETFs were the US Natural Gas (UNG), Direxion Real Estate Bear 3x Shares (DRV), Direxion Financial Bear 3x [...]
Good morning. The bears are going to receive an early Christmas present courtesy of Dubai.
Futures are under the most significant pressure we've seen in some time on fears over Dubai's debt. Late Wednesday, Dubai World, the city-state's largest corporate entity, asked creditors for a six-month' [...]
It is always a pleasure to read what is on your mind and have the opportunity to reply to questions you send in.
In this mailbag, I will discuss the following:
Learning About Proper Position Sizing
Screening For Low Debt/Equity Ratios
Charting Fundamentals
BRIC Certificate Of Deposit
Transition [...]
You didn't miss much if you were already on vacation.
While traders had a lot of data to sort through and a potentially new trading tax to fear, we closed the day pretty much where it began with holiday-thin trading volume.
Like most days it seems, most' [...]
Good morning. Futures are relatively unchanged as the combination of mixed performance in overseas markets and lots of economic data have traders positioned neutrally.
This morning Q3 GDP revised was 2.8% which was in-line with the consensus. Advanced number was 3.5%. Also, Q3 corporate profits [...]
There's nothing like a ferocious gap to start off Turkey week:
Within the first 30 minutes, we basically priced in a full week's worth of gains and spent the rest of the day chopping around due to every tick in the dollar. Most of the short-term indicators [...]
It is no secret that I think stock screening can be an asset to both investors and traders who seek to outperform the market. For well over the past decade, Mr. Reese has dedicated his career to the extensive use, research and development of stock screens based [...]
Good morning. Futures are positive amid weakness in the U.S. dollar and positive action in overseas markets.
While there are no market moving headlines, some of the top stories include comments by Fed Bullard that U.S. should continue buying mortgage-backed securities past the first quarter of [...]
This week we started like a lion, but ended like a lamb. Or, should I say turkey instead?
For the week, only the Dow was able to show its strength by posting a gain of +0.46% while the the S&P 500 fell -0.19%, Nasdaq -1.01%, and the Russell [...]
Rennie Yang from Market Tells will be here at 11:AM EST to take our questions. To attend, please visit the following link:
One of my daily must-reads is Rennie's morning report where he shares statistical data derived from tracking numerous indicators [...]
Good morning. Futures point lower again as the dollar continues to improve, overseas markets were down and Dell's disappointment set a negative bias.
As expected it is a slow news day, but some of the more noteworthy headlines include an expansion in the Fed's balance [...]
The tight uptrend channel was finally broken today as the market filled Monday's gap and then found support at Friday's afternoon lows:
Like most trading days of late, most of the interesting action occurred within the first 30 minutes of trading. From the start, small caps were under [...]
Good morning. Futures are lower as markets overseas fall under sell pressure and the U.S. dollar sees a rebound. Weekly jobless claims were inline with expectations.
Top headlines include news that the bailout program could be extended, Fed officials play down impact of weak [...]
The three day view of the S&P 500 pretty much sums up the situation:
Much like what we saw last week, we continue to chop around with the programs defending every intraday low making absolutely sure that we don't set a lower low even on an intraday' [...]
From time to time I have been asked to offer my perspectives on things I have found common in successful traders. I have always struggled with my reply to that question because there are only a few traders of which I have gained enough understanding of what they [...]
Good morning. Futures were higher earlier this morning as the weaker dollar helped sentiment, but a few disappointing reports on the economy have tempered expectations. Namely, the CPI rose higher than expected, Housing Starts fell -10.6% in October, and a decrease in mortgage [...]
As we see yet again, the path of least resistance continues to be higher.
While we only managed to eke out a one point gain in the S&P 500, a new high is still yet another new high. Only the Russ was unable to rally again [...]
Keep the questions coming! For today's mailbag, I have decided to talk about the following:
How To Become A Great Chart Reader
Market Surprises & Loss Aversion
Trading With DeMark Indicators
Buying Oversold Stocks In An Overbought Market
Passive Lazy Portfolio Approaches
A One Man Contrarian Indicator
Being [...]
In spite of all concerns, the market headed higher once again.
While last week it appeared that we were range bound, today's action proved that theory dead wrong as we closed at new recovery highs in all but the Russell 2000 which posted the largest [...]
Good morning. Futures are positive as the dollar drops following comments from China and strength in overseas markets. In addition, we have a better than expected retail sales report (primary due to auto sales which was up +8.3%) and a pullback in manufacturing. [...]
After a strong start on Monday, we spent the next four days trading around and ultimately finishing up at the same exact level where we closed back on Monday:
With Monday's big gain, the S&P 500 gained +2.26%, Dow +2.46%, Nasdaq +2.62%, and the Russell 2000 +1.02%. [...]
As always, I appreciate all of the questions. For this week's mailbag, topics I'm covering include:
Why Should You Trade Only ETFs Versus Stocks
Trading For Gaps In Gold
Spotting Bear Traps
Large Portfolio Sizing Issues
The Most Important Level To Watch For In The S&P
Importance Of Volume' [...]
Good morning. Futures are in positive territory as the dollar turns weaker.
While the market awaits the latest read on consumer sentiment, Euro area GDP showed growth but came in weaker than expected, more positive earnings news and mixed reports on Trade Balance and [...]
The dollar goes up and stocks fall. No shocker there!
Upon my post-market review this evening, today's action seemed to generate no surprises. Strength in the dollar and broad weakness in energy appeared to be the primary drivers of today's trade and much like before, once [...]
Good morning. Weakness in overseas markets and a rebound in the dollar after governments around the world stepped up efforts to stem the U.S. dollar's slide have placed pressure on the premarket futures. However, futures have improved a little following a drop in weekly jobless [...]
We gapped higher, pressed to new recovery highs, became overbought and then pulled back as the dollar recovered. That's pretty much it in a nutshell.
There is an old saying that it doesn't matter where you go but where you finish that matters most. For the' [...]
