The global economy is holding onto most of its 2010 gains. Favorable conditions should provide support for the U.S. equity market in particular as we head into 2011.
For the second consecutive session the major indices showed mixed results, and the Dow struggled with resistance at the November swing high. Stocks saw some strength at the open on Tuesday, but
In Wednesday’s trading, the major indices made swift and powerful advances that put the bears on the defensive. All five indices closed the session up over 2%. Further, the Dow and the S&P 500
Best Online Trades: It is starting to look like the recent correction we have seen in the S&P 500 (NYSE:SPY) is coming to an end. The stage appears to be set for some type of Christmas 2010 rally
Best Online Trades: The PowerShares QQQ Trust, Series 1 ETF (NASDAQ:QQQQ) took a major hit today on above average volume. The QQQ has managed to get into a deeply oversold level and is
Best Online Trades: I may have to switch back to a long signal again if I see the market retain its composure early this week.
Best Online Trades: In other words it is not easy to get this market to decline more than 1 or 2%. Only a couple days after I issued a BOT Short signal the decline so far is a very meager one
Best Online Trades: The market is looking a bit exhausted at this point. I issued a BOT Short Signal in my previous post because there seems to be enough evidence building up that says we
I have been reviewing the long term quarterly charts of the Dow Jones Industrial Average (NYSE:DIA) in the current decade and the decade of the 1970’s. The 1970 period has provided me
Today the Dow Jones Industrial Average (NYSE:DIA) accomplished a key milestone. It broke back above and into the very important resistance range that has defined a top for the DJIA several
The Dow has given a bullish signal known as the “Golden Cross” on the 1st of October. The last time this happened was in June of 2009, which was followed by a 3000-point gain in the months that
Monday saw markets down with the NASDAQ leading the way lower by over 1%. Whether this is attributed to profit-taking, economic uncertainty or the alignment of the planets is irrelevant.
Standard accounts of the option Greeks will explain that delta measures the rate of change in the price of an option per unit change in the underlying asset. The text I use with mentoring clients,
[War does not determine who is right, only who is left. – Bertrand Russell] Just when you thought it was safe to go back in the water, Japan and China are at it again. We discussed the “fishing”
WITH THE EXPLOSION AND POPULARITY OF ETF’s over the last few years, many advisors have moved a large portion, if not most, of their assets from single equities and mutual funds to ETFs.