“We live in a therapy culture” and we also “live in our past” according to Robbins. He says most people believe that “biography is destiny, past = future, and it does if you live there”. We can know what to do intellectually, but not use it or follow through. Apply this to trading and I think [...]
I wish I could had a better read on where the markets are heading tomorrow, but to be honest it’s a coin flip. You’re basically pitting short term strength against long term weakness and right about now I can see a strong case for either to win. I would lean a little bit more on [...]
92% of today’s volume registered on the downside. The best thing that can be said about today is that total volume on the indexes declined. clipped from www.market-harmonics.com
I love that quote from this short clip and I totally buy into the concept of having solutions handed to you when you are not focusing on them. via gregor.us
For those that are bullish I put together a few strong momentum charts here that could be good stocks to target if (and this is a big if) the market’s forecoming correction is orderly and on declining volume. There are the types of stocks that I prefer to trade, but it requires an extremely bullish market environment for [...]
Just for the fun of it last month I decided to keep track of when the moon enters a new moon phase and observe how the Stock market reacts. Should any relevant information come out of it I’ll be sure to report it. Last month right after the start of a new moon the market [...]
“So long as the people do not care to exercise their freedom, those who wish to tyrannize will do so: for tyrants are active and ardent, and will devote themselves in the name of any number of gods, religious, and otherwise, to put shackles upon sleeping men.” ~ Voltaire
Don’t take my views on China, but take one of the more successful investors of our time, Jim Rogers. From my perspective, Rogers downright embarrasses Alexis on this interview and he is always a pleasure to listen to. Why is it those who make the most sense are most badgered by the media?
While yes I am short term bearish on the markets, one area of massive strength lately has been the Chinese stock exchange, SSEC. Although it is beginning to show some negative divergences (RSI/TRIX above) it has successfully broke through it’s 200 ma and should be on everybody’s radar who wants exposure to this region. A [...]
Busy chart, but here are the highlights. Markets continue to rise w/o a serious correction Volume shrinking NYMO fails to hit new highs as market rises TRIX is stalling I may be reaching here and maybe I’m seriously deluding myself into thinking this market is going to sell off, but even if we were in [...]