On May 3 Leavitt Brothers profiled a handful of gold and silver charts. Why? Because they were acting well and were likely to outperform going forward. Trading is hard when you dig your feet in and defend every opinion. It’s easier if you can lose the biases and just play the leaders, regardless of where […]
Category: Charts/Essays/Reports
Software Stocks are Getting Obliterated
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 […]
Comparing the NYSE and Nasdaq Internals
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.
No Second Chances – This is Why the Market has been so Hard
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?
Many High-Growth Names Have Done Round Trips
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.
False Breakouts Everywhere
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.
My Interview with WorldClassPerformer.com
WorldClassPerformer.com has interviewed hundreds of athletes, artists, coaches, entrepreneurs, journalists, psychologists and writers who are tops in their field. When they asked for an interview, I jumped at the opportunity. Here’s a transcript.
My Kiss-n-Cross Setup to Play Continuations
SUNW progressed through one of my favorite setups – a kiss-n-cross trade, which uses the MACD and Stochastic. I talk about this trade in my masterclass. The sequence plays out on all time frames, but I have found intraday charts work best. Here’s an hourly. The MACD and Stochastic crossed down on Apr 4 and […]
Using Stochastic to Time Entries
Last week a great entry with SOXL was offered. Let me step you through it.
The Leavitt Brothers Trading List
This is every stock currently on the Leavitt Brothers trading list. The market is acting so well, I’ve had to post second and third targets for several setups.