There’s an on-going debate about the current market – is a top forming, or has what’s taken place the last 18 months (give or take) just a big consolidation period within an uptrend? Entering such a debate is silly at best and dangerous at worst. Silly, because it doesn’t matter unless you’re managing billions of […]
Category: Charts/Essays/Reports
How Working in a Restaurant Molded Me as a Trader
I went to college, got a BS and MS in engineering from two top schools. But I spent most of my 20’s bartending and waiting tables, and it was during this time I started trading. Since we are somewhat a function of our circumstances, working in the restaurant industry molded me. In fact I may […]
Leavitt Brothers' Trading Ideas
Trading has gotten much better the last two weeks. Here was the LeavittBrothers.com trading list as of Friday’s close. Subscribe to Leavitt Brothers research.
My Worst Trade
“The game taught me the game.” Jesse Livermore said it 100 years ago, and it remains true today. Any trader who has done well and survived for a long time has a long list of stories involving bad trades, improper operations, terrible discipline and horrible luck. But those situations provide the stepping stones to success. […]
LB Weekly (Mar 3)
This is LB Weekly – our weekly report which backs up, sees the bigger picture and analyzes the trends and the staying power of those trends. It can be subscribed to as a stand-alone product at LeavittBrothers.net for only $149/year.
Moving Averages – Everything You Need to Know
A moving average is an overlay indicator that plots the average price over a given number of periods. It smooths out the data points and hints at a trend on whatever time frame is being viewed. Moving averages do not predict future prices – nothing can – they simply tell where price has been and […]
LB Weekly (Feb 3)
This is LB Weekly – our weekly report which backs up, sees the bigger picture and analyzes the trends and the staying power of those trends. It can be subscribed to as a stand-alone product at LeavittBrothers.net for only $149/year.
Wayne Whaley's TOY Barometer – an Update
This is an update of the November 26, 2018 report, where Wayne Whaley’s TOY Barometer was discussed. It’s Whaley’s top indicator, and now that new data is available, it’s worth seeing how last year played out and what’s likely in store for next year.
Historically, What Is the Character of a Market Bottom
The market plunged into its December low. The S&P fell 450 points in 3 weeks, and the number of stocks trading above their 20, 50, and 200-day moving averages hit levels not seen since the Financial Crisis. Now the market is moving straight up – call it a V bottom. The S&P has recaptured almost […]
2018 – The Year the Quants Got Destroyed
The market moved up 3 of 4 days last week, and despite the one big down day, the weekly candle closed with a solid gain and near its high. This is the first time since late October the S&P has posted back-to-back up weeks. If the mini move up continues a few more days, quants […]