Software stocks, which mostly posted massive gains last year because they were growing and were unaffected by the virus, have been in downtrends for several months. Now, many of them are taking out lows and well on their ways to doing complete round trips. For trading purposes, these stocks are off limits. This list also […]
The market appears to be doing well, but beneath the surface, breadth at the Nas and NYSE suggests a big disconnect. Let’s go through a few readings.
Good morning. Happy Friday. The Asian/Pacific markets were split but mostly unchanged. India was strong; Japan and Malaysia were weak. Europe, Africa and the Middle East are split a little changed. Denmark and Turkey are up; The UAE, Finland and Switzerland are down. Futures in the States point towards a slight up open for the […]
In this video I discuss a few recent trades. You can learn a lot by studying old trades. VIDEO: Recent Trades Discussed – DASH, KOPN, NET, NIO, SKLZ
In this video I state my reasons why Bitcoin, although a great trading vehicle, will never be the digital currency it aims to be. VIDEO: Why Bitcoin Will Never be the Decentralized Digital Currency it Aims to be
Good morning. Happy Friday. The Asian/Pacific markets were very weak. Japan, China, Hong Kong, South Korea, India, Australia, Thailand and the Philippines posted big losses. Europe, Africa and the Middle East currently lean down. Denmark, the UAE, Russia, South Africa, Norway, Hungary, Austria, Sweden and Saudi Arabia are down the most. Futures in the States […]
The market has been tough to trade – in fact it’s one of the toughest markets in recent memory. The question is: why? Several indexes are near their highs while a few others are simply in the middle of their ranges. So why is trading so hard?
We’ve gone from one of the best markets in recent memory to one of the worst. Stocks that did incredibly well for several months – often posting 300-500% gains – have virtually done complete round trips. Here’s a humbling list that should serve as a reminder to not completely buy into an exciting story.
Despite the Dow, S&P 500, S&P 400 and Nas 100 hitting new highs recently, the market doesn’t feel right. Many previous winners have suffered big losses, and there have been numerous false breakouts.
Good morning. Happy Friday. The Asian/Pacific markets were split. China, Hong Kong, New Zealand, Taiwan and Indonesia did well; Japan, India, Thailand and the Philippines were weak. Europe, Africa and the Middle East are currently mostly down. The UAE is doing well, but the UK, Poland, France, Germany, Switzerland, Spain, Italy and the Czech Republic […]