Market CommentaryMore Market Commentary
Is this back to the future? Actually, I should ask is this “almost” back to the future? In just two days, the market has clawed, well, that is not the right word. How about in just two days, the market has roared its way back to where it should be, just a little bit down from its record highs.
- After their biggest six-day tumble in three years, European shares have regained more than half of their losses, jumping the most since November 2011 today.
- U.S. stocks rose, after the biggest jump in a...
Over the last 10 days, the Average True Range of a 60-minute bar in the NASDAQ futures has increased from around six points to 18 points. Why might this be important to know, even if you don’t trade that particular market?
You may have heard the phrase “More is different.” It means that incremental changes can make a qualitative difference, not just an arithmetic difference. An example of this is when the temperature of water drops from 33 degrees to 31 degrees – liquid becomes solid.
This “...Read More
In the last FOMC meeting of the year, the Federal Reserve decided to leave in every observer’s favorite phrase “considerable time.” When the Fed says “considerable time,” it reminds me of being a kid, asking your parents for something and getting the reply, “maybe later.” Maybe later? What does that mean? Is it yes or no and when is later? The Fedspeak translator 2014 still hasn’t told me what “considerable time” equates to on the calendar.
What we do know from the Fed’s statement and follow...Read More
Shares of Janus Capital are now poised to take out the Bill Gross hire level from September 26th. Less than a month after they hired the former PIMCO co-founder, the stock retested the $12.80 prior-resistance level turned support and has been putting in higher lows in the last two months.
If JNS shares can close above the $12.80 resistance level, it would setup for a $3 measured move to the high $18 range next year. A stop loss on a long stock position can be placed under the 50-day EMA at ...Read More
March Sugar Futures a Selling Opportunity on More Price Weakness
See on the daily bar chart for March sugar futures that prices have sold off recently, a downtrend is in place and prices have just hit a contract low. Bears have solid downside technical momentum to suggest more downside price pressure coming. A move below chart support at Wednesday’s contract low of 14.62 cents would become a selling opportunity. The downside price objective would be 13.25 cents, or below. Technical resistanc...Read More
Featured StoriesMore Featured Stories
The holiday season is here. It’s time for celebrating and good cheer. It’s also a time of heightened stress. For many traders, who already feel lots of stress, the holidays can feel doubly difficult.
Trading and Holiday Stress
We all know trading stress. Recent losses and drawdowns can bring on stress. So can managing a position, especially if it backs up on you. Even profitable positions can be stressful. We don’t normally think about profitable trades as stressful, but I have seen m...Read More
Most traders are unaware there are three types of oscillators used for stock analysis. These are based on three different data streams –
- Price Oscillators that use price and time data,
- Volume Oscillators that use quantity and time,
- Hybrid Oscillators that use price, quantity, and time.
There are innumerable price and time indicators and many are oscillators, but one stands out from all the rest – Relative Strength Index . It is not the most popular, but it is the best price oscillator for sho...Read More
Trading fears are not the sole domain of new traders, actually far from it. Much misunderstood, fear can hit at any time. The real issue about trading fears has to do with bumping up against your thresholds, which can happen at any time.
Growth and Development, Evolutionary Universal Laws
You are growing and changing all the time, for the most part not noticing that it is happening. However, when an evolutionary impulse hits, and you are standing in the way, like most people are, it can get ...Read More
It's Christmas time. Everyone has been good little boys and girls, working diligently these past 40 years or more, marching toward America's promise, the golden years when one can lay down the work tools and enjoy the comforts of retirement.
A False Promise
The post-war generation – World War II – came back and raised families based on a simple promise –work hard, buy a house, save money, and when old enough, retire, as in stop working. Now, their children are ready to realize that promise an...Read More
For the majority of Americans, income taxes are collected on a pay-as-you go basis through the automatic withholding on their wages through their employers. However, if you receive substantial income from dividends, interest, business income, and/or capital gains, you should check your estimated tax liability to verify if you need to make estimated tax payments. Failure to pay a required estimated tax installment will subject you to a penalty based on the prevailing IRS interest rate applied ...Read More