Last week's sector update found a highly oversold situation across all the S&P 500 sectors followed. With the powerful rally this week, the Technical Strength numbers for the sectors have changed, and we are seeing patterns of relative ... Go to Full Article

Hats off once again to the fine Decision Point site, which separates out the common stocks from all the other NYSE issues for analysis. Above we see the advance-decline line (bottom pane) for NYSE common issues; clearly it's bounced ... Go to Full Article

"Novice investors like to put price limits on their buy-and-sell orders. They rarely place market orders. This procedure is poor because the investor is quibbling for eighths and quarters of a point, rather than emphasizing the more ... Go to Full Article

In every conceivable manner, the family is link to our past, bridge to our future. ~Alex Haley. Go to Full Article

"With an individual stock, you absolutely have to have a stop-loss point, because you never know how far down the stock is going. I remember selling a $100 stock one time and it eventually went to $1. I didn't have any idea it was going ... Go to Full Article

"One evening, while having dinner with a fundamentalist, I accidentally knocked a sharp knife off the edge of the table. He watched the knife twirl through the air, as it came to rest with the pointed end sticking into his shoe. ... Go to Full Article

"I've made phenomenal amounts of money for very simple decisions but I was willing to make them. Somebody had to. Others are looking for highly complex ways of interacting with the markets, when most of the time it's only the simple ... Go to Full Article

"The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. I do that so I can define my maximum possible draw ... Go to Full Article

"One adage that is completely wrongheaded is that you can't go broke taking profits. That's precisely how many traders do go broke. While amateurs go broke taking large losses, professionals go broke by taking small profits. ... Go to Full Article

"I turned from a loser to a winner when I was able to separate my ego needs from making money. When I was able to accept being wrong. Before that, admitting I was wrong was more upsetting than losing the money." ~ Marty Schwartz ... Go to Full Article

"The desire to maximise the number of winning trades (or minimise the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to ... Go to Full Article

With Thanksgiving soon upon us there was little to add to yesterday's consolidation. Suffice to say, no existing resistance levels were breached. The best thing that could be said for Tuesday were the new MACD trigger 'buys': ... Go to Full Article

Naturally, I dislike Joe Lieberman. However, this was a good interview. In it, he and Sue Herrera discuss the commodity rise and ways in which speculation in commodities may have led to an undue increase in their prices. ... Go to Full Article

As the charts from the excellent Barchart site indicate, anticipations of quantitative easing moved ten-year Treasury note yields below 3% last week, sending prices soaring (top chart). Interestingly, with so much pumping of liquidity, ... Go to Full Article

The Qs are battling the neckline of the inverted H&S pattern on the 30 min timeframe. Market action remains strong, do not let your guard down. Posted by Brian at 11/26/2008 11:35:00 AM · Newer Post Older Post Home ... Go to Full Article