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Market Commentary

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Be Prepared: Stock Top Seen This Week

In my June 22nd article for Traderplanet, I mention a top was pending and that hasn’t changed. Greece has been the primary reason for these wild market moves over the last few weeks and so far, if you took what you thought was going to happen and traded the exact opposite, you would have made a fortune.

Today, as I am writing this article one with any common sense would think the indexes would be down 200-300 points, as the Greece No vote won over the weekend. The SPX futures did drop some 3...

Jul 6, 2015
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Gold Rally Stalls: Is A Major Surge Ahead?

Gold prices initially rallied after the highly anticipated Greek vote surprised market investors, with an emphatic NO vote on the referendum question to yielding to further austerity.  The rally was short-lived as a strong U.S. dollar persuaded market investors away from safety bids for bullion. 

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Price action on the gold daily chart shows that the bearish trend has been firmly in place since price broke below the 50-day SMA on June 22nd.  A bullish ABCD pattern formed at the end of last wee...

Jul 6, 2015
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US Stock Analysis: Feta Complete

On Sunday Greeks voted on an economic program that no longer exists, in a referendum which is of questionable legality, using ballots which are not in existence and for which no funding is available. Grexit seems to be a fait accompli.  

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In the meantime, regardless of the Greek vote, US markets will continue to do what they do. The Hybrid Lindsay forecast calls for a low early this week followed by a rally to, roughly, July 15. In addition to Middle Section forecasts which are the heart of t...

Jul 6, 2015
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Psychological Damage Can Be Done To Investors

It is not easy to win over investor sentiment.  Anyone who lost money during the financial crisis can tell you how difficult it was to suddenly trust markets again, and there was the 'flash crash' afterwards that suddenly jolted any built up confidence.  For its part, the Fed has done everything they possibly could to bolster investor confidence, the lifeblood to the markets. On record they have succeeded, but many would question the tactics.  Yet six years in to the bull run many are questio...

Jul 6, 2015
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Trading Psychology: Mirror Mirror

I get a chuckle out of this picture because it clearly depicts one of the more slippery psychological factors that affect our bottom line results as traders: our inability to see ourselves as we really are.  

I have a Peanuts cartoon framed on the wall behind my trading desk that depicts Lucy giving psychiatric advice to Charlie Brown for 7 cents at an outdoor stand. She explains to Charlie that the brain works hard at night in dreams “to help you see yourself as you really are.” In the final...

Jul 6, 2015
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Featured Stories

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Algorithmic Trading: What You Need To Know

What are Automated Futures Trading Systems?

Often referred to as algorithmic trading systems, or simply algos, an automated futures trading system is a defined set of technical rules and parameters that ultimately determine entry and exit points for a given contract.  In the event that all of the stipulated technical events occur, a buy or sell signal is created and a trade is automatically executed without human intervention.   Simply put, it is trading on autopilot.

Each system is comprised...

Jul 6, 2015
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Creative Visualization For Improved Trading Results

Regular visualization is proven to improve performance by up to 10%. Professional athletes use it to improve performance, yet traders are for the most part unaware how this tool could have a positive impact on their trading results:

At the beginning of this year I started working with a group of professional traders to help them improve their trading performance.  The group was given a novel form of meditation which I developed with the aim to help them get out of their linear minds into a mo...

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3 Problem Trading Behaviors: How To Solve Them

It’s worth reminding ourselves that every trader is responsible for their trading actions and behavior. How we behave or act when trading will largely determine our trading success.  Here are 3 common day trading problems related to how traders act.  Left untamed, they will lead to failure.  All are within the control of the trader and can, therefore, be corrected.

Problem Behavior #1: Trading Without a Game Plan

Traders coming into the trading day without a game plan put themselves in a pre...

Jun 25, 2015
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Livestock Report: More Fireworks for Burgers?

Live Cattle Numbers tend to Taper off as Summer Wears On. Here is How Investors can Capitalize

While you’re tossing those steaks and burgers on the grill, you might want to consider how that meat can not only feed your picnic dwellers, but potentially put money in your pocket.

Like most commodities, the cattle market has longer term fundamental and cyclical factors that if recognized, can often be used to the advantage of the patient investor. These are the kinds of markets favored in our manag...

Jun 22, 2015
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FitBit (FIT) Looks Poised for a Healthy Debut

So far, 2015 has been fairly light on high-buzz, high-growth tech-related IPOs, but that figures to change this week with Fitbit's 29.9 million share IPO. As of this writing, the deal is expected to price within a range of $14-$16, but, given the buzz -- and it's very impressive growth rates -- it wouldn't be a surprise if the price range was lifted before it launches on Thursday, June 18.

With the company offering nearly 30 million shares, the float is on the larger side, especially relativ...

Jun 17, 2015
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