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 […]
Before the Open (Apr 30)
Good morning. Happy Tuesday. The Asian/Pacific markets closed mixed. China, Indonesia, Thailand and the Philippines did well; Hong Kong, South Korea and Australia were weak. Europe, Africa and the Middle East currently lean down. Turkey, Hungary and Italy are up; Denmark, Poland, Finland, Israel and Sweden are down. In the States S&P futures are flat […]
Before the Open (Apr 29)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed with a lean to the upside. Hong Kong, South Korea and India did well; China and Singapore were weak. Europe, Africa and the Middle East currently lean down. Russia, Finland and Hungary are up; Poland, the UAE, South Africa, Spain, Belgium, […]
Before the Open (Apr 26)
Good morning. Happy Friday. The Asian/Pacific markets closed with a lean to the downside. India and Indonesia closed up while China, Hong Kong, New Zealand and Taiwan closed with losses. Europe, Africa and the Middle East are current very quiet. Denmark, Portugal, Israel and the Czech Republic are up; the Netherlands and Austria are up. […]
Before the Open (Apr 25)
Good morning. Happy Thursday. The Asian/Pacific markets closed mixed. Japan, New Zealand, Australia and the Philippines did well. China and Hong Kong were very weak; Indonesia and India also posted losses. Europe, Africa and the Middle East are currently mostly down. Israel and Sweden are doing well, but the UK, Poland, Turkey, Norway, Hungary and […]
Before the Open (Apr 24)
Good morning. Happy Wednesday. The Asian/Pacific markets closed mixed. China, India, New Zealand, Australia and Malaysia did well; Japan, Hong Kong and South Korea were weak. Europe, Africa and the Middle East currently lean to the downside. Germany and Israel are doing well, but the UK, Russia, Greece, South Africa, Finland, Spain, Italy and Belgium […]
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 […]
Before the Open (Apr 23)
Good morning. Happy Tuesday. The Asian/Pacific markets leaned to the upside. New Zealand, Taiwan, Australia and Indonesia posted gains while China and Hong Kong posted losses. Europe, Africa and the Middle East are currently mixed. The UK, Norway and Israel are up; Turkey, Spain, Italy and Belgium are down. Futures in the States point towards […]
VIDEO: State of the Market (Apr 22)
In this video I do an update of my State of the Market series. The Dow, S&P and Nas are near their highs. Where are the mid caps and small caps? Do the breadth indicators support the market? Let’s see. VIDEO: State of the Market
Before the Open (Apr 22)
Good morning. Happy Monday. Hope you had a good weekend. The Asian/Pacific markets closed mostly down. China, Hong Kong, India and Indonesia suffered big losses. Europe, Africa and the Middle East are currently mixed. Germany, Russia, Greece, South Africa, Finland, the Netherlands and Sweden are up; Denmark, Turkey, Hungary, Israel and Saudi Arabia are down. […]