December 2013 - The Blog of Adam H Grimes

End of Year Thoughts

Post author:AdamHGrimes
Post published:12/22/2013
Post category:General Comments
Post comments:3 Comments

[dc]W[/dc]e certainly live in a time of wonder. Science has pushed back the veil of superstition and mystery; progress allows us to live longer, comfortable lives and to devote our…

Chart of the Day: Short Gold

Post author:AdamHGrimes
Post published:12/19/2013
Post category:Chart of the Day / General Comments
Post comments:1 Comment

We have been short Gold in our daily research several times this year. The most recent short was initiated 9/23/13, but Gold has been a strong performer for us through…

Chart of the Day: Failed Breakout in EURUSD

Post author:AdamHGrimes
Post published:12/19/2013
Post category:Breakout / Chart of the Day / Psychology
Post comments:0 Comments

Systematic traders have a perennial debate: how much or how little to intervene in your system's rules? There are a range of acceptable solutions, but the key is to be…

When You See This, Be Careful

Post author:AdamHGrimes
Post published:12/17/2013
Post category:General Comments / Individual Traders / Institutional Managers/Traders / Market Math
Post comments:15 Comments

[dc]C[/dc]harts can be a powerful tool for market analysis and trading. At a glance, they can provide a quick overview of important price movements, can highlight supply/demand imbalances, and can…

Chart of the Day: Complex Consolidation in European Stocks

Post author:AdamHGrimes
Post published:12/16/2013
Post category:Chart of the Day / Pullback
Post comments:4 Comments

The daily chart of the DJ Europe Stock Index shows a two-legged pullback that could be read as a complex consolidation. This is typically a strongly bullish pattern, and we…

Is It the Most Wonderful Time of the Year?

Post author:AdamHGrimes
Post published:12/16/2013
Post category:General Comments / Individual Traders / Institutional Managers/Traders / Market Math
Post comments:0 Comments

This is repost of an article I wrote last year (2012). I would have updated the numbers, but it wasn't really necessary as last December was flat enough that it…

Adam on the MoneyLife show

Post author:AdamHGrimes
Post published:12/16/2013
Post category:General Comments / Individual Traders / Institutional Managers/Traders
Post comments:0 Comments

I was on Chuck Jaffe's MoneyLife show last Friday discussing the longer-term outlook for stocks in 2014. (The file is an 8 minute audio file.) The subject of biases…

Chart of the Day: S&P 500

Post author:AdamHGrimes
Post published:12/15/2013
Post category:Chart of the Day
Post comments:0 Comments

Though there is a reasonably strong seasonal tendency for stocks to rally into the end of the year, consider the dangers in one-way trades. Many people know this tendency (the…

Reader Question: Using the Level 2 and Screentime

Post author:AdamHGrimes
Post published:12/13/2013
Post category:General Comments / Individual Traders / Readers Questions / Trader Development
Post comments:3 Comments

Reader Tom sent me a note: "I am hoping you can help me. I set a goal for myself in 2013 that I would study the Level 2 Screen. I…

Chart of the Day: Natural Gas

Post author:AdamHGrimes
Post published:12/12/2013
Post category:Breakout / Chart of the Day / Individual Traders / Institutional Managers/Traders
Post comments:0 Comments

[dc]I[/dc]f you are a discretionary trader, you might also consider using some trading systems. In my published research, I publish three types of trades: purely discretionary trades (on both weekly…

Chart of the Day: December Selloffs

Post author:AdamHGrimes
Post published:12/12/2013
Post category:Chart of the Day / General Comments / Market Math
Post comments:0 Comments

Daily S&P 500 Cash Index with SigmaSpikes® I would like to share a note that I published in my daily research this morning: Yesterday's downward closes in major stock indexes…

Chart of the Day: Consolidating Stocks

Post author:AdamHGrimes
Post published:12/10/2013
Post category:Chart of the Day / Individual Traders / Institutional Managers/Traders
Post comments:0 Comments

[dc]T[/dc]hough perhaps not properly a "chart" of the day, I wanted to share one of the several stock screens that we publish in my Waverly Advisors research. This screen highlights…

Toil and Trouble

Post author:AdamHGrimes
Post published:12/10/2013
Post category:Climax / General Comments / Individual Traders / Institutional Managers/Traders
Post comments:0 Comments

Double, double toil and trouble Fire burn, and cauldron bubble. -Shakespeare [dc]B[/dc]ubbles seem to be the theme of the day. Headlines like "Why Stocks Are Undoubtedly Experiencing a Massive…

Chart of the Day: Stops on Treasuries

Post author:AdamHGrimes
Post published:12/09/2013
Post category:Chart of the Day
Post comments:1 Comment

The chart of the 30 Year Treasury futures shows an important formation. First, we are short Treasuries, (in my published research) and have been for a while; the trade has…

Chart of the Day: Not a Bubble

Post author:AdamHGrimes
Post published:12/09/2013
Post category:Chart of the Day
Post comments:0 Comments

The media, both major and social, seems to be filled with people proclaiming that stocks are in a bubble. Bubbles do occur, but the current market shows no signs of…

Week 3 of the Course

Post author:AdamHGrimes
Post published:12/06/2013
Post category:General Comments / Individual Traders / Institutional Managers/Traders / The Course
Post comments:1 Comment

[dc]W[/dc]eek three of the course is now live. You can access it from the main page for the Course, which is here. This week is a very information-heavy week, so…