Tweet I was asked the following question over the weekend and after giving it some thought, I’ve come to the conclusion that the answer is not a simple one. I’ve read a number of times that it can take up to 10 years of trading to really come into your own and feel comfortable to trade […]

Tweet Short term gold appears to be overdone by the bearish wedge pattern. Technically it’s been acting like a dream with the way the RSI continues to set higher highs and lower lows but I just can’t see initiating new positions at these levels. Gold was up almost 2.5% on Friday but most gold miners […]

Tweet Additions: ARG AXS CTXS DELL ERTS FLIR FWLT IP KR LOW MAT NI PKI PM SWY TGT ZMH Observations: Earnings are having a very negative impact on stocks this month and it’s reflective in the January performance (-9%), the worst in history. Often times the short term market direction can be measured by investors […]

Tweet  Today was a good day. Not because I made money, but because I was in the zone. I was able to ride a trend that I recognized developing for the past few days and the market actually followed through for once. It was a good day because trading wasn’t boring and there wasn’t the […]