Tweet More of the same today as the markets grind higher.  One signal I mentioned in yesterday’s video to watch for to indicate an overbought level is the 4 ema moving above above the upper bollinger and as of today’s close they are at par. Historically this has been a good tell that the market […]

28
Apr

Tweet A common theme among the stocks that have been displaying momentum in recent days have been in the healthcare sector. Now I don’t know exactly why they’re moving at this point, but I’m fairly sure that these stocks will be higher in 3 months than they are today. This is by no means a […]

27
Apr

Tweet I almost forget to share this chart of the Nasdaq Advance/Decline Volume chart to show how the market internals are beginning to reflect bullish action. Now that it’s broke through the previous peak of 14011 in April, it looks like the February highs are within a stone’s throw away. This is a very good […]

Tweet Tomorrow’s Fed meeting seems to have extra importance with the will they or won’t they continue with their quantitative ways. I’m continuing to sit on the sidelines to see how this all plays out as my focus list of stocks I’m watching haven’t triggered any buy entries. It’s sort of hard to enter as […]