Whenever we get media images marking an extreme in sentiment, it’s best to be ready for the exits. Oil after the Russia/Ukraine war was an example. Remember when SPAC’s were a big thing? This image…
Category:
Stocks
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Chartists looking for momentum leaders should consider more than one timeframe. A stock may be leading over the last 200 days, but lagging over the last 100 days. Similarly, a stock could show big gains…
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When inflation is a huge concern, you’d think the stock market would celebrate in a big way when inflation shows signs of cooling. Not so much. April consumer price index (CPI) and producer price index…
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We have been seeing a lot of breadth divergences lately, and the granddaddy of them all is adding to that list right now. The Daily Advance-Decline (A-D) Line for the NYSE is making lower highs, which…
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Today, I am including a clip that covers currency pairs and several commodities. The four-chart screen is a daily screenshot of gold (GLD), sugar (continuous contract), the US dollar to the Euro (USDEUR) and platinum…
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Legendary investor Peter Lynch told the world to “own what you know” – meaning use the products and services of companies in the equity market. The Top-Down approach to market analysis yielded some interesting idea…
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On this week’s edition of Stock Talk with Joe Rabil, Joe discusses the 3 criteria he uses when evaluating a pullback trade to determine whether to buy. He shows how to evaluate the higher timeframe,…
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I was honored to spend time on Making Money with Charles Payne, which airs on Fox Business, and give a brief glimpse into why I am not as bearish right now based on the macro.…
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When we talk about “participation,” we are referring to the number of stocks actually taking part in a given market move. Presently, we are looking at the rally from the October lows and the indicators…
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In this week’s edition of Trading Simplified, Dave shows his methodology in action by showing a recent stock pick that he believes has tremendous potential. He then continues his series on the wisdom of Jesse Livermore.…