Chart of the Day
$qqq
Technical Patterns
The beginning of another trend in Nasdaq stocks?
A few months ago I wrote a post on a certain kind of trending pattern I have called "slide along the bands." This pattern is characterized by a market that pushes into either the upper or lower Keltner channel, and trends against that channel with relatively few pullbacks.
Pullback
One, two, three steps to shorting stocks
I want to share a quick short setup in the S&P 500 index today. This is a repeatable pattern, and draws on many elements I have discussed here on my blog, and also in my book, The Art and Science of Technical Analysis. Take a look at the
Market Math
What happens after a big down day in stocks?
So the stock market sold off hard yesterday. If you were living under a big enough rock you might have missed it, but now the doom and gloomers, the technicians pointing at broken "levels" and trendlines, and the permabears will probably be saturating the media for a few
General Comments
Five questions to ask before each trade
Successful trading and investing is largely about asking the right questions. Many of the most serious mistakes we make come from blindly accepting our ideas and perceptions at face value. I would like to offer you a short checklist of questions that will challenge you to think more deeply and