Midweek links and reading
Instinct can beat analysis. Read this. (Harvard Business Review) At one time, I did a lot of quantitative work on fundamentals. Not surprisingly, what most people think works in "fundamental…
Instinct can beat analysis. Read this. (Harvard Business Review) At one time, I did a lot of quantitative work on fundamentals. Not surprisingly, what most people think works in "fundamental…
[dc]M[/dc]any years ago, a friend of mine shared an encounter he had with a successful investing club. This club was not like many of the others—they didn’t pool their money…
[dc]I[/dc]t is certainly easy to find examples of real charts beside randomly generated charts--whether on websites and in books--and most traders know, by now, that it is very difficult to…
[dc]I[/dc]'m going to start doing something new for my readers. Several times a day, I will update the page of market statistics that is available here. I will tweet when…
[dc]O[/dc]ur trading ideas, "setups", if you will, must change with market conditions. Certain types of trades are more relevant at certain times. For instance, if the market is dramatically overextended,…
[dc]R[/dc]eader Tom points out and asks about a possible attempted trend change in Cliffs Natural Resources (NYSE:CLF). This is a good pattern, and a good opportunity to discuss a few…
An important reminder of how backtests can different from real world performance. One of the most important lessons for investors: (A Wealth of Common Sense) In so many ways, it's…
https://www.youtube.com/watch?v=ElbjW1k4saw&feature=youtu.be This video takes a look at a possible setup developing in the US Stock market: what could potentially be the first pullback following at attempted trend change. (You could…
[dc]I[/dc]n a post last week, I talked a little bit about the kind of commitment and emotional charge that I believe it takes to truly excel in any field. Whether…
[dc]G[/dc]iven last week’s volatile spikes, there has been a lot of talk about the VIX and volatility in general. This is a good time to take a deeper look at…
The videos for week 8 of my free trading course, dealing with pattern failures and the importance of discipline, are now online, and can be accessed from the course menu.…
[dc]I[/dc] recently received a few reader questions asking the same thing: what would my advice be to new traders? This is an important and daunting question (and I've written on…
Industrials are running into some trouble. This could be significant for the broad market, or it could be noisy sector rotation. (I'd bet on the latter, at this point.) Here's…
https://www.youtube.com/watch?v=fX4BS7ZR9Kw&feature=youtu.be Video blog looking at setups in the S&P 500 (SPY), Russell 2000 (IWM), Apple (NASDAQ: AAPL), Alcoa (NYSE: AA), Delta Airlines (NYSE: DAL), Wells Fargo (NYSE: WFC), Bank of…
[dc]I[/dc] want to share a brief look at longer-term market structure in the Canadian dollar today. We have a situation in which a few timeframes appear to be in conflict…
[dc]L[/dc]ast week I shared a new data visualization that looked at short and long term performance of sectors in context of volatility. This week, I'd like to share another tool…