|
||||
We are at an interesting juncture with the USD. Here’s the Trade Triangle chart:
This a weekly chart of the DX going back to the last major high in March. I’ve drawn a trendline connecting the three major highs. The red line across the bottom of the chart is at 79.919. That [...]
As many of you know INO is a huge Norman Hallett fan. He’s been a featured guest blogger at the Trader’s Blog many times (see previous posts) and today he was asked to give us an EXCLUSIVE preview to his new book, “Taming Risk - A trader’s guide”. His post below covers Systemic Risk and [...]
Here’s another useful way to trade from Dan Messer (You can get all his trades by subscribing to Khrono Stock Pro for $79.99 per month). He bought a half position in CHINA SECURITY (CSR) at $7.27 and he looked to buy the other half near $6.00. Full disclosure: I bought 100 shares at [...]
I just watched a very good video about trading using volume as a major indicator. The concept is new to me and will be incorporated in my analysis of charts in the future. I recommend that you take a look.
In Reverse Your Thinking and You’ll See Markets More Clearly, Geoff Bysshe, in this [...]
As big and as game-changing as the personal computer and the Internet were, I believe the mobile Internet—the integration of voice, data, video, and storage in one handheld device—will be more lucrative than both.
On July 18, I posted that JPM Gives Me The Willies! JP MORGAN CHASE & CO (JPM) was trading at $37 and just under its Fibonacci 61.8% retracement level. I thought the stock should be avoided. Around August 1st it broke through the 61.8% and has since traded to $43. Once again I think the [...]
If you are a Khrono Stock Pro subscriber, you know that Dan and Tony have wondered if the market had lost its senses. Dan said last week that insider transactions are 28:1 on the sell side. He’s been waiting for the appropriate time to take full positions in shorts.
Today, we received more evidence that [...]
Yesterday, the retail sales numbers for July were announced and they showed that sales year over year were down 8.3%. The latest month was down 0.1% from the previous month, which surprised an number of analysts. Meaning the turn is delayed.
Karl Denninger at Seeking Alpha analyzed the numbers in depth and one item sent a [...]
On July 17th I posted about Gammon Gold (GRS) and how I thought if the stock broke out above three little “chiclets” , I might get a quick run to $9. I got the breakout, went long the stock and on the 21st was stopped out at $7.40. The GRS earnings outlook came out and [...]
Reprinted from The Landfair Retail Focus:
In June I posted that we must Embrace The Internet! I said, “I can tell you flat out, the internet is one of the most disruptive inventions that’s come along. Yes, there will be many who don’t like the change it’s bringing us. It’s eliminating jobs, eliminating or sharply harming [...]
Recent Comments