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Two Things That Changed in the Market

Since the April 2020 low, I’ve been bullish on the markets for two main reasons: The strong technicals and the accommodative Fed. I started writing articles around that time saying that even though the pandemic will get worse, “it doesn’t mean the stock market has to go lower.” Over the past two weeks, these two [...]

By |2022-06-30T12:55:22-04:00December 20th, 2021|Tags: , , , , , , , , , |

Pay Attention to Price Action

Back on July 22, 2011, I was long 6 stocks. A sharp trader friend of mine looked at the 6 charts and said: "Those are REALLY good setups, if they fail, the market is screwed." Two trading days later, I got stopped out of the 6 stocks and went into 100% cash (I wrote a [...]

By |2016-11-26T07:10:53-05:00January 2nd, 2013|Tags: , , , , , , , |
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