The market is at a cross roads, we are either at the bottom of a bull market or the beginning of a bear market. The up trend is still technically in place but the bears are fighting to bring us into an official down trend. Below or five key price levels […]
The Line in the Sand For Bulls Read More »
“If you diversify, control your risk, and go with the trend, it just has to work.” -Larry Hite. We often hear of trading with an edge, but how do we know for sure we have an edge? How do we know that the odds are in our favor, and that the more we trade,
7 Ways to Trade With An Edge Read More »
I am long Apple and Google going into Monday morning via in the money weekly options. I will not be one of those people fighting this tape. We are in an up trend, this is a bull market. Prices are going up not down, yes we could reverse, but we
My Thoughts, My Charts, My Picks Read More »
Many traders have not done their homework in understanding how the greatest stocks in history acted. How they created products that changed the world and both earnings expectations and real earnings drove these stocks up to dizzying levels. Traders that have not done the homework think these stocks are short plays and just can’t
Recipe For a Monster Stock Read More »
Apple is a strange animal. We have one of the world’s biggest market cap stocks at a value stock price with growth stock earnings. Apple itself is asymmetric, with all the naysayers continuing to believe that it is too big to grow and that it must stumble eventually we are sitting with a
My Thoughts on 3 Charts Read More »
“Bear markets have no supports and bull markets have no resistance.” -William Eng Two big mistakes new traders make is to short a monster stock at all time highs believing it has to go down or going long a stock in a death spiral because it just can’t go any
A Tale of Two Types of Stocks. Rockets & Anvils Read More »
“I think it was a long step forward in my trading education when I realized at last that when old Mr Partridge kept on telling other customers, “Well, you know this is a bull market!” he really meant to tell them that the big money was not in the individual fluctuations but in the
Win Half the Battle in One Step Read More »
In trading there are moving averages that are watched by many traders. While the most popular are the 50 day and 200 day simple moving averages there is another very popular one that is watched and on many people’s radar. Many traders use the 20 day sma, 21 day
A Key Moving Average in Play Now Read More »
With most indexes breaking out to multi-year highs after the European debt crises appearing to be kicked farther down the road for now we are setting up for a possible run up into new price territory in many leading names. I am holding three positions going into Monday morning. While
The 700 Club of Stocks: My Top Three Picks Read More »
Contrary to popular belief by the majority of the general population and even investors and traders stocks are not tied to their fundamental values or even the companies that sold the shares to raise capital. Stock prices are tied to simply what the current buyer and seller in the market is willing to exchange ownership
The Mechanics of Stock Price Movements Read More »
Trading is not all fun and games. We do not make money on every trade. It is not like other careers or jobs where you work and then get paid. Our pursuit is more like the life of an entrepreneur. Our idea may work or it may not. The
How New Traders Can Limit Their Pain Read More »
If you are a longer term trend follower and there is a long term trend, then you make money. If you are a shorter term trend follower and their is a trend in your trade you make money. Swing traders make money in range bound markets. Value investors make
Trader: Meet Thy Judge Read More »
[hr_invisible] Apple: For now still the same old monster stock story with a few added chapters. With Apple proving in court that Android is a copy cat and Samsung being told they must pay $1 billion in patent infringements to Apple , the stock shot up to all time highs in the post market
10 Reasons Why Apple $700 may be Inevitable Read More »
“There seems to be some perverse human characteristic that likes to make easy things difficult.” ~Warren Buffett “The business schools reward difficult complex behavior more than simple behavior, but simple behavior is more effective.” -Warren Buffett The biggest thing that trips up many new traders and even more experienced and
K.I.S.S. Principle for Traders Read More »
This interview with master trader Chris Kacher first appeared in Your Trading Edge magazine. Like his colleague Gil Morales, Chris is a protégé of William O’Neil, the legendary investor and author of ‘How to Make Money in Stocks’. Along with Morales, Chris is one of the few to have traded O’Neil’s own funds as an
Ten Rules for Trading Pocket Pivots Read More »
While my trading is more following capital flows based on trends that I measure with key moving averages there is one chart pattern that I find very useful and that has high probabilities of success. The cup and handle pattern is a bullish continuation formation, it is one of the newer chart formations and
Why the Cup & Handle Chart Pattern Works Read More »
The strange thing about trading is the vast majority of traders lose money. Most studies put it at 90% as the amount of traders that are unprofitable in the long term. How can this be? The majority of traders are trading on emotions and predictions instead of what
10 Ways I Trade With the Winning 10% Read More »
What were the greatest trades of all time? Who made them? Here is a list of the who, what, when, where, and how of the greatest trades that were ever made. While the risk management of executing many of these trades is not what many traders would want, we can see many of these
Top Ten Trades of All Time Read More »
The current pace of change in the world is at the highest velocity it has ever been. It use to take decades to build companies now it takes years. Apple can go from the verge of bankruptcy to the largest company by market cap in about a decade. General Motors can
Monster Stocks For a Changing World: My Top Five Picks Read More »
I am holding two long picks going into Monday morning $AAPL and $MLNX. While both of the stocks are in very strong bases they are very near to all time highs and have the potential to pop up and run if the market price action stays healthy. This is the
My Two Long Picks Right Now Read More »