The Global Cellular Market is the subject of today's WALLSTRIP. Go to Full Article

If We Get an initial shakeout and IF the market then bounces, some of the stocks I will be watching closely for a bounce include; AAPL CME DOV HPQ IBM QQQQ calls I will be watching them on a 1 minute chart and looking for them to make a lower low ... Go to Full Article

Day Trading Is Not Necessarily More Trading In a recent trading session I was poised to take an entry for a nice looking short trade, but the pattern I was looking for never completed and the entry order was not triggered. I waited for a while, thinking that an opportunity to the ... Go...

A Robot Dinosaur? This Made Me Sick... Clearly, these people were financed by my enemies. Go to Full Article

We Are In A Recession Why wait till it is over like the National Bureau of Economic Research does? I’m officially announcing it: we are in a recession.No, not because of the ISM report but because of this little factoid:And according to Google Trends, a lot of people are freaking out about...

Canslim.net Morning Comment and Links (for traders) MORNING MARKET COMMENTARY for Monday, December 10, 2007 Major Averages Improving Ahead of Fed Meeting. - Kenneth J. Gruneisen, CANSLIM Certified, Registered Principal, Source Capital Group, Inc. (Members NASD, SIPC) ... Go to Full...

Market Oversold, But It's a Bear Market Apologies for not getting the weekly report out this Sunday. With a major move in the works for me and scrambling to get caught up after a few weeks off, it's going to take a few more days to get back into full swing. ... Go to Full Article

Doom and Gloom, and The Damn Thing 2.0 I’m hearing a lot of doom and gloom about the market. Whatever. I hear that noise every once in a while. What does it matter what other people say? The only thing that matters is what I think and how I trade - at least to me. ... Go to Full Article

Random Pic #11: Feeding the Ducks Me and my nephew feeding the ducks and geese in Northeast Ohio: Go to Full Article

Market Performance in 2008 The market has behaved extremely poorly in 2008, but do you know how dramatic the decline has been for 2008? Let’s compare major US Markets on a percentage basis:. Both the NASDAQ and Russell 2000, which are more volatile and have ... Go to Full Article

Trading Journal Resources Here are some noteworthy articles on Trading Journals: Trading Journals That Work by Brett Steenbarger, PhD How to Keep a Trading Journal: Trader Perspectives by Brett Steenbarger, PhD When Trading Journals Don't Work by Brett ... Go to Full Article

Patience Little Grasshopper I need more patience. I was in a few trades that would have worked in my favor but I got out for either small gains or small losses instead. I'm not familiar enough with my new software to figure out how to see my P&L totals and shares ... Go to Full Article

Divergence Resolved … but So What? Earlier, I highlighted a momentum divergence in the DIA (Dow Jones ETF) which resolved as expected to the upside. However, shortly after completing that divergence pattern and achieving its target, the market sold off extremely hard and ... Go to Full...

A dummy a day: Intuitive Surgical, Inc. (ISRG) I’m going to start posting trades that would have failed as well as these winning trades. That way there will be more mystery and anticipation before you hover your mouse over the chart. And maybe it will help to see the differences ... Go...

Just Another Correction Or A Trend Shift? During the cyclical bull market that started in early 2003, every time the market penetrated its long term moving average, it ricocheted off like a smooth pebble off a lake. In hindsight, it looks quite orderly and beautiful (see chart). But each...