Tweet Reader question: How long can the divergence in the DJT vs DJIA last? The QE3 put aside, I’ve never seen the Dow hold up this long with the transports doing so poorly, and don’t see them doing anything else but going lower, while the DOW hangs in. Is it because of last 2 days of quarter […]

Tweet By All About Trends In a market that’s near support and in a confirmed uptrend, it’s all about buying calls in stocks that are also at support. We’ve done that by buying the November calls of  NUAN and VELT when they hit support and now will hold through their earnings reports in November. Coming […]

Tweet By Financial Tap The poor economic news keeps rolling in and I will make it a point in the monthly edition to go over the current macro-economic outlook for both the US and world economy.  For now, it was just further weakness with news of weak durable goods announcement, a revised lower GDP, and […]