Archive for June, 2012

  • Dow Transports Are Looking Beefy
    Posted by on June 29th, 2012 at 6:16 am, Comments: 0

    beef·y  /ˈbēfē/ Adjective: Muscular or robust. Large and impressively powerful. The relative strength we’ve seen in the Dow Jones Transportation Average has been awfully impressive. [...]

  • Overbought Conditions Would Be A Good Thing For Stocks
    Posted by on June 28th, 2012 at 10:00 am, Comments: 0

    Contrary to popular belief, overbought conditions are a positive for stocks. Think about it, if stocks are overbought, then we have unquestionable evidence that buyers [...]

  • Talking Technicals On Bloomberg Radio
    Posted by on June 27th, 2012 at 12:50 pm, Comments: 0

    I got the chance yesterday to talk Technicals with Courtney Donohoe and Josh Brown on Bloomberg Radio. We had a lot of fun. Can’t wait [...]

  • Copper Also Likes To Live Dangerously
    Posted by on June 27th, 2012 at 10:10 am, Comments: 0

    This is one of my favorite measures of risk. If you want to know where risk assets are headed, you have to listen to Dr. [...]

  • It Would Be Too Quick Now To Have Another Spike In Volatility
    Posted by on June 26th, 2012 at 8:45 am, Comments: 0

    Occasionally we’ll bring up the volatility index if we think that it’s something worth noting. More often than not we just consider it a negatively [...]

  • Tech and Small-Caps Dominate the End of June
    Posted by on June 25th, 2012 at 8:44 am, Comments: 0

    Seasonality is a very powerful thing. In my opinion, ignoring market tendencies during certain times of the year can potentially put you at a disadvantage. [...]

  • Stock Market Needs To Hydrate, And That’s OK
    Posted by on June 22nd, 2012 at 11:12 am, Comments: 0

    SFO Magazine: Equity Pause Is Healthy, Blessing In Disguise Friday, June 22, 2012 By J.C. Parets The U.S. stock market remains stuck in a five [...]

  • Can Past Data Be Used To Predict The Future?
    Posted by on June 20th, 2012 at 11:54 am, Comments: 0

    This is a ridiculous question that I get all the time regarding technical analysis. I really don’t understand why. The simple answer: What other information [...]

  • Fibonacci Resistance on FOMC Day
    Posted by on June 20th, 2012 at 9:27 am, Comments: 0

    We’re talking about the two month sell-off from April to June. It was like a magnet. That 61.8% Fibonacci retracement was tested for the first [...]

  • Crude Oil: Is The Bottom In?
    Posted by on June 19th, 2012 at 3:39 pm, Comments: 0

    Looks to me like we might have a bottom on our hands in the crude oil market. I really dislike trading oil. The chart is [...]