Just a quick note to say I think the market has had its major top. I am going to wait for a pullback tomorrow (Wednesday 25th July) and have an open order to go short SDS at $51. Hopefully this will get filled in the next day or two. My reasons for going short via SDS are two fold. Firstly, I am...

The consumer is tapped out. After consistent 25 basis point increases to the Federal Funds Rate, we are finally starting to see the effects on the stock market. Yesterday morning we saw three headlines that caught my attention. The first detailed Sears’ guidance for this quarter – a reduction from...

Many of you will have read about the advantages of Exchange Traded Funds over Mutual Funds. However, have you considered beyond the “ETF” moniker to ask: “What ETF index should I be looking for”? ETF Basics To start with, let’s quickly examine the basics of ETFs. These are generalities, but tend to...

Bill (CEO of WineLog) did a quick little post on Wine Investing over at the WineLog blog and introduced me to a site called WineInvestor.com. > A good site to learn about wine investing is wineinvestor.com. Wine Investor is collecting (in one place) all the types of information I would need to...

I'm writing this one directly into the blog, and with any hope it will go up before market open today. Let's what we have on dee plate. AMGN Notes from late last week: "Stoch sell. MACD still strong. I think this guy is recharging." I've since changed my theory from "recharging" to "dropping"....

Below are my notes from yesterday, which I wrote before the open. I realize that I should be a bit quicker about putting these online because (1) they are sometimes timely and people might find them useful and (2) if I make a great prediction it will be easier to believe if I posted my notes before...

I thought I would share my watch list notes again. Here's what I wrote out this morning before the market opened. It was a really tough day out there, so I'm going to have to re-evaluate a bunch tomorrow. Hopefully this is helpful to you guys. AMGN No sell signals. Test of 30DMA coming up. Let's...

I'm getting back into trading a bit. Here are my watchlist notes from yesterday. Be warned, I'm a total hack. Even I'm going to do more research before using this stuff. Comments appreciated. > AMD > - Buy now. Watch intraday for bounce. Supports at $15, $13.50, $10. Half now, half on dip? > > ERTS...

In the middle of March I had an inkling that all was not well with my thinking. My thinking was that the market would pullback and that the global economy would slow down. Well I was wrong, and in the referenced blog entry I talked about what my head told me, and what my gut was telling me. It...

I was reading a blog entry on CPPTrader that was referencing an article from Bloomberg. I am a newbie with respect to trading, but with respect to AI I have been a few times around the block. It was something that I studied in University and have had an attraction to for a long time. I guess I am...