• Oversold on many measures
    Posted by on April 10th, 2012 at 11:30 pm, Comments: 0

    After five down days in a row, its easy to say the market is oversold. Several indicators can be used to gauge how quickly the [...]


  • Oil Poised To Move Soon
    Posted by on March 13th, 2012 at 12:10 am, Comments: 0

    Oil may be setting up for an impulse move in the very near future. The commodity has refused to give up much ground recently, despite [...]


  • 2 Stocks in a Narrow Range to Watch
    Posted by on March 8th, 2012 at 10:55 pm, Comments: 0

    While I think the market may be vulnerable to more consolidation there are plenty of stocks with healthy charts. There have been plenty of breakouts [...]


  • Trading Big Winners Seminar
    Posted by on March 7th, 2012 at 12:10 am, Comments: 0

    I had the opportunity to attend Joe Fahmy’s “Trading Big Winners” Seminar this past weekend at the Harvard Club in New York and came away [...]


  • Trading Idea of the Week
    Posted by on February 6th, 2012 at 12:25 am, Comments: 0

    With many individual stocks already extended, most of my best additions to my watch list this weekend came from some narrow range scans I ran. [...]


  • Drive The Bus!
    Posted by on January 31st, 2012 at 10:24 pm, Comments: 0

    “Drive the Bus” is an analogy that I always refer to when I talk to fellow traders about managing entries and exits. In life and in [...]


  • On My Watchlist
    Posted by on January 30th, 2012 at 11:51 pm, Comments: 0

    The S&P500 quietly pulled back towards its 20-day moving average this morning, but buyers quickly stepped in erasing much of the early weakness. While we [...]


  • And The Beat Goes On
    Posted by on January 30th, 2012 at 12:17 am, Comments: 0

    While the S&P500 ($SPY) and Dow ($DIA) ended the week near unchanged, the Nasdaq 100 ($QQQ) ripped to new multi year highs. The market is [...]


  • Topping Tails Abound
    Posted by on January 3rd, 2012 at 11:32 pm, Comments: 0

    Well, the market kicked off the new year with a strong gap up higher, but the close left much to be desired. $SPY, $DIA and [...]