Category: Analysis

Are We Going to Make New Highs?

Posted by Published on July 5, 2011

Back in May we felt that all signs lead higher however we were just a bit early. Let’s take a closer look at the monthly, weekly, and daily charts of the S&P500 to see why 1431.50 is the new target.

Read More

Is the Market Headed for a Breakout?

Posted by Published on April 21, 2011

The inverted head and shoulders that we talked about last week is fulfilling its end of the bargain, did you get long? Here is a look at the top line figures over the past few years. Notice that the NASDAQ and Russell are leading the way higher. This makes sense as a technology and small caps are where the most entrepreneurship and growth comes from…

Read More

Buyers, Sellers vs. Bulls, Bears

Posted by Published on March 31, 2011

You’ll notice the term buyers and sellers used in lieu of bulls and bears when talking about market moves. This is the correct way to relate to an up or down move in the market because we really have no idea whether it’s bulls or bears moving the market. Allow me to explain… John is bullish on the market, you could call him a bull,…

Read More

Identifying Market Trends

Posted by Published on March 14, 2011

When doing market trends analysis you are looking to identify not only the direction the market is moving, but whether or not it is moving in any direction at all. These are some things we look for when identifying the market trends. Questions to ask when Identifying the Trend Are we in a trend or counter trend on the monthly, weekly, and daily timeframes? Are…

Read More

How to Tell if a Rally is Real

Posted by Published on February 2, 2011

Needless to day, I am a bit skeptical to this last break of highs on the S&P500 why might you ask? Because of the VIX. The VIX is a measure of volatility in the markets, when volatility is high the VIX rises, when volatility is low, the VIX falls. As the old saying goes, “when the VIX is low, lookout below.” This is because we…

Read More

We’ve all asked this question, so what’s the answer? Should you stop when a specific $ amount is reached? When a specific # of points have been tallied? When you have 2 losers in a row? Well I can’t tell you what’s right for you, but I CAN tell you what I do. Over the years I have noticed that there are a handful of…

Read More

Options Expiry Week

Posted by Published on January 17, 2011

Week 3 of 2011 kicks off remembering Martin Luther King Jr. We have a shortened week this week and options expiry on Friday along with some big earnings from AAPL on 1/18 and GOOG on 1/20. For those traders who play gaps, options expiry Friday is a day to skip. Trader’s who usually trade the first 30-mins, be extremely cautious on option’s X as market orders are…

Read More

Filing for ‘Trader Tax Status’

Posted by Published on January 16, 2011

“In this world there is nothing that is certain except death and taxes” – Benjamin Franklin The government provides it’s biggest tax breaks to business owners and investors. As a self-employed trader, there are many ways to limit your tax liability along contribute to retirement plans and deduct additional business expenses. I am not a licensed tax professional, so I refer all my trader friends…

Read More
Back to top