Moving Average Convergence/Divergence, or MACD, is a momentum indicator that compares the difference between two moving averages with a third moving average. Signals are offered via signal line crosses, centerline crosses, divergences and a couple other patterns discussed below.
Category: Charts/Essays/Reports
RSI – Everything You Need to Know
Relative Strength Index, or RSI, is a momentum oscillator that compares a stock to itself. It oscillates between 0 and 100, with 30 being considered oversold and 70 considered overbought. Signals are offered via divergences, center line crossovers and classic charting principles.
Warren Buffett’s “2 List” Strategy for Focused Attention
This was originally posted by James Clear, of jamesclear.com ———————————- Warren Buffett’s “2 List” Strategy for Focused Attention by James Clear
LB Weekly (Aug 19)
For two weeks the market has somewhat been sounding the alarms that market breadth was weak and a forceful rally was not in the cards. Long term the market was in good shape, and I had no reason to believe stocks wouldn’t continue up into 2019, but in the near-to-intermediate term, there just wasn’t the […]
How Seinfeld Can Help You Trade Better
There’s a common path to proficiency in many fields. It doesn’t matter if you’re pursuing trading, chess, law, medicine, computer programming or entertainment.
LB Weekly (Aug 5)
This is LB Weekly – our weekly report, which covers the trends and the staying power of the trends. It is part of a LeavittBrothers.com subscription or can be subscribed to by itself at LeavittBrothers.net.
LB Weekly (Jul 29)
This is LB Weekly – our weekly report, which covers the trends and the staying power of the trends. It is part of a LeavittBrothers.com subscription or can be subscribed to by itself at LeavittBrothers.net.
Three Steps to Epiphany
There are three simple steps to being wildly profitable as a trader. The steps aren’t easy, but they are simple. The steps are: 1) Find your sweet spot. 2) Practice – get good at it. 3) Size up.
12 Reasons to Not Like This Market
Despite the rebound off the August low and the bounce attempts in November and December, I haven’t liked this market since last summer. These issues have been discussed at Leavitt Brothers for several months, so it’s time to summarize everything in one place.
The Market Has Bad Breadth (1/12)
The indexes are mostly dominated by large cap stocks that trade lots of volume, so it’s possible for a small number of big companies to paint the index charts different than what’s really going on beneath the surface. The internals, or market breadth, tell us what’s going on behind the scenes. The S&P 500 may […]