Tweet But it also pays to be cautious. I think if you’re an astute trader who is shorting a falling market or even in cash it pays to let the market prove itself before loading up the boat on the long side. I found this chart worth clipping to add to my collection for future […]

28
Nov
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Tweet I think the most bullish thing this market could have done today was drop a hundred or two on light volume to consolidate some of the gains it’s had over the last 5 trading days. When I was going over my trading indicators tonight this one jumped out as I immediately noticed that the […]

Tweet Mike Swanson and Andy Emerson talk about what you need to look for when a new bull market could emerge. Just to clarify the author doesn’t think the new bull is here just yet. He’s merely pointing out what it will look like when it arrives based on previous bear market endings. From www.wallstreetwindow.com

28
Nov
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Tweet I’ve mentioned this in the past that when TLT and SHY start to show up on my momentum scans that the market is usually nearing a trading bottom. However the action in these two markets have been acting slightly odd lately.  They normally have an inverse relationship  as shown by the Dow chart layered […]