It’s time to look at the broader picture of the Dow Jones Index, and then look at its 30 stocks to see which ones are overextended both above and below its 20 day simple moving average. Dow Jones Daily: The Dow (and S&P and NASDAQ) has ... Go to Full Article

The greatest human freedom is the freedom to choose one's attitude. ~Viktor Frankel. Go to Full Article

The indices had some impressive price moves on Friday and broke some important technical levels. For example, the S&P 500 broke out of its ascending triangle, the Nasdaq lifted off of its 50-day moving average and the Russell 2000 broke ... Go to Full Article

Last week's indicator review emphasized the range bound nature of the stock market, with more evidence of sector rotation than a fresh influx of funds being put to work. We broke higher late in the week on the heels of a strong US ... Go to Full Article

Stock Chart Analysis BNI Burlington Northern Santa Fe Corporation (Public, NYSE:BNI) Railroad stocks have been marching higher despite the general markets being weak over the past several months. Take a look at the chart below for BNI ... Go to Full Article

A trader recently posed this question in a comment to a blog post: How can I avoid overtrading? First, let's get definitions straight: Overtrading typically has two connotations: trading size that is too large for one's portfolio (ie, ... Go to Full Article

As you can see on chart, GLD is near important support level. I closed my Gold shorts (via Ultra short ETF for Gold - DZZ) on Friday. I am now waiting for bounce which allow me to enter new trade in gold - I expect that such bounce ... Go to Full Article

I am not very active this week. FED meeting was one reason. Low volumes during last 2 weeks is another. I do no see this up move as very bullish. I still see it as possible short selling opportunity. Especially European indexes are weak ... Go to Full Article

These are the stocks discussed in yesterday's live event. Do your own research and remember that risk management is job #1. These are just potential trading ideas, not recommendations. Go to Full Article

In last night's Trade Report, I highlighted commodities as an oversold bounce setup. I used POT as my primary example and entered today based on last night's analysis. I bought 300 shares of POT at the open at $176.31. ... Go to Full Article

* All About Trading: Check out this page of links from the Informed Trades site; both trading techniques and trading psychology material--a nice collection of readings. * Going Retro: Here's the best of Charles Kirk's posts from 2007; ... Go to Full Article

Hats off to Larry Fisher and Reid Valfer, co-founders of TradingRM, a proprietary trading firm in Chicago who have just launched their own blog. What makes this blog unique is that the posts consist of the same messages they send out to ... Go to Full Article

Since July 15th, the US stock market, as measured by the S&P 500 Index (SPY; blue line above), has rallied almost 7% on the heels of a resurgent US dollar. The dollar is strengthening, in part however, because of perceptions of economic ... Go to Full Article

If you missed this on Friday, make yourself aware of it now - the US Dollar Index surged significantly on Friday, breaking above key resistance, and possibly altering inter-market dynamics for some time to come. ... Go to Full Article

Here is the LINK for the live stock analysis of trading ideas for next week. Tune in at 6PM Eastern on Saturday August 9. The password is the first word on page 50. This event will not be recorded. There are very few books written with ... Go to Full Article