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Market Commentary

More Market Commentary
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Make A Wish List Of Stocks To Buy On Sale

Trading in markets like these can be very challenging. 

Quite frankly, the rules do apply. 

These markets do not care where the 200-day moving average is offering support or resistance, what the MACD is, the fact that all of your RSIs and Bollinger Bands are blown out.  Technicals respect ordered markets.  Panic is the antithesis of order.  So, how do we trade?  If you are scalping, many of your approaches will still apply.  Most traders, especially options traders are not scalpers.  There ar...

Aug 28, 2015
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Are You Protecting Your Portfolio?

With the vicious market declines over the past week or so several billions of market value have been wiped away.  It has taken quite a bit of time to build, and very little to take it down.  As the saying goes, take the stairs on the way up, and the window on the way down.  Yet, for those savvy enough to cover their tracks with some protection, perhaps the pain from deep losses was not that severe.

We talk about having insurance on every aspect of our lives - from our home, our cars, our heal...

Aug 28, 2015
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Is Apple Poised For A Big Plunge?

On 8/7 and again on 8/16 I noted that Apple shares had risk of a sudden drop to $100, where an unfilled gap awaited. Earlier this week AAPL closed that gap and then some.

Because AAPL is the leadership name among tech stocks, the 20-point rally in AAPL over the last 4 days has been a key driver of the rebound in the rest of the market.  

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That said, a large unfilled gap around $76 is the presumptive target. For a market to go down, it first needs to go up. The upside target is the low volume ...

Aug 28, 2015
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Is Another Global Financial Crisis Starting Now?

Is talk of another GFC a reality, or just ridiculous speculation with no foundation whatsoever?

Recently I wrote a very well received piece on the recent Greek Debt Crisis where I looked at the cold hard facts when the media went all crazy about a potential oncoming European Crisis, “Will A Greek Exit Trigger Another European Crisis?” It seems like we need to revisit this crisis topic all over again.

Last time, the markets were in a panic over a potential break-up of the Eurozone due to a pos...

Aug 27, 2015
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How To Profit From The Next Black Swan

The Nicholas Cage film Next is about a guy who can see two minutes into the future. He works as a Las Vegas magician and makes extra money quietly at the blackjack table.

 

As traders and investors, we would love to be able to see around the corner of time, especially during volatile periods. Since we can’t, when money is at risk, we tend to become fortune tellers and use our intuition to help inform our expectations.

 

Nobel Prize winner and Behavioral Finance professor Daniel Kahneman studi...

Aug 27, 2015
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Featured Stories

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Wealth Building 101: Gold To Soar In Looming Global Crisis

In an August 22, 2015 interview, Egon von Greyerz, founder and Managing Partner of Matterhorn Asset Management AG and GoldSwitzerland predicted “the most incredible bull market” in precious metals in the coming months.

 

With stock markets around the world apparently collapsing and the gold market rallying, von Greyerz said, “The perfect storm has now started. . .and this storm will turn into a hurricane probably in the next two months.”

 

Greyerz expects to see all stock markets down at leas...

Aug 28, 2015
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Gold Will Soar: Driven By Largest Currency War Ever Seen

 

Is The Gold Bull Down For The Count?

The person who lives by hope will die by despair.
Italian Proverb

Over the years we have frequently stated that every that every major bull market will experience at least one back breaking correction. Usually the correction culminates with a 50% pullback from the highs. In the case of Gold, this would equate to a pullback to $960.  The precious metal’s sector had a splendid lope that began in 2003 and ended with spectacular run in 2011.  To think that th...

Aug 27, 2015
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Trade The Open: 4 Charts Show You How

Conventional wisdom tells us to avoid trading in the first few minutes that a market opens. The action is often volatile and seemingly unpredictable. May people wait for the first 15 minutes to pass to let the market “show its hand”.

In this article, we are going to discuss an opportunity that occurs very close to the open; in some cases, giving a trade entry in the first minute.  This opportunity is one that you will be able to see quite clearly for yourself, if you take time over the coming...

Aug 25, 2015
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3 Steps To Improve Your Trading Profits

In this case study, Nathan overcame a common tendency and turned his trading around

Nathan’s trading results fell short of his expectations.  Often, his first trades of the morning ended in losses, and this soured him for the rest of the day.  Nathan knew the problem had to be mental, but wasn’t sure where to start.  

There are many reasons traders lose money.  How we think about those reasons and what we do about it can make all the difference. 

Nathan’s Thinking Problem

Nathan was blaming t...

Aug 25, 2015
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How Do You Know When To Sell?

Berkeley professor Terrance Odean points out that decisions to sell are not made in the same way as decisions to buy. As the market appears to be in a swoon, let’s explore this timely topic a bit further.  

It’s relatively easy to manage winning trades. There is little stress and plenty of self-congratulation. Indeed, studies show that investors and traders quickly take credit for trades that have positive outcomes. Whatever stress one might feel typically comes from the fear of giving back g...

Aug 20, 2015
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