Market CommentaryMore Market Commentary
Do You REALLY Want That 10% Correction?
Many have been calling or looking for that big drop as an opportunity to get on board. But as we know, markets rarely accommodate, adding to the frustration of those who continue to miss out. Of course, the longer term market trend has always been up , but the trickier part is when to get in. Market timers claim to have an advantage of jumping in/out at exactly the right time, but that has consistently proven wrong. They will be right sometimes, but...Read More
Higher highs scare me, especially on stocks that are too high relative to valuation. Yet, I wonder if that fear is something from my past, a time when I knew less and lost more. I wonder if I need to up my confidence a notch to take advantage of a market that is refusing to give me openings on the downside.
- If we stopped buying tops in this market, there would have been plenty of missed opportunities. Onward and upward!
The above quote, , sparked my thinking about my trading confidence. It is...Read More
May corn futures a buying opportunity on more price strength.
See on the daily bar chart for May corn futures that prices are in a two-month-old uptrend, have just hit a six-month high, and the bulls have momentum and the near-term technical advantage. A move above $5.00 would become another buying opportunity. The upside price objective would be $5.30, or above. Technical support, for which to place a protective sell stop just below, is located at $4.85. Remember that the “mini” grain future...Read More
After two consecutive months of disappointing U.S. employment figures, the Bureau of Labor Statistics reported 175,000 jobs had been added in February, while the unemployment rate nudged up to 6.7%.
Where do we go from here? The S&P 500 made it 50th high in the last 12 months. Yet volatility has not depressed to nearly the same degree as S&P prices have risen. The VIX added over 2% to finish at $14.21 Thursday up after another intraday dip under the $14 threshold. VIX options tr...Read More
Crimea’s regional parliament voted unanimously to secede from Ukraine and become part of Russia—virtually guaranteeing a prolonged confrontation between Russia and the West. The current standoff is the biggest escalation between Russia and the West since at least the 1990s Balkans Wars and perhaps since the Cold War.
And yet a funny thing happened: Emerging markets across the board had a spectacular rally on Thursday. Russia itself was the only emerging market of any note to fall, yet the Ma...
Featured StoriesMore Featured Stories
We’ve all heard the saying about the smart money and the, well, not smart money.
When a stock is trending up or down, it is wise to follow the smart money versus your gut feelings, news, or what your friends are doing.
A LITTLE BACKGROUND
If you’re not familiar with “On Balance Volume” let’s touch on what exactly OBV is. OBV was initially introduced to the world of technical analysis by Joseph Granville. It was one of, if not the first indicator, to measure positive and negative volume flow...Read More
I used to watch CNBC pretty much all day. Every uptick and downtick of the S&P, the Nasdaq Composite and the Dow – I was right there.
IPOs? Sure, I could tell you about them. Earnings reports, hot trades, analyst actions. All of it.
It’s exciting. It drives TV viewership. However, for investors, not only is it useless, but it’s actually dangerous.
Nobody makes serious life decisions based on “Monday Night Football” or “The Voice.” But for some reason, an entertainment vehicle l...
As the calendar turns to March, tensions in the Ukraine are escalating and the threat of war is looming. It's a mid-term election year which is typically negative for U.S. stocks.
The current U.S. equity bull market will enter its sixth year on March 10, which is long in the tooth by historical standards. March could prove to be a bumpy ride for traders.
Here's a quick look back at top stories from last month.
Market WatchRead More
Becoming involved in the impact investment space may sound good, but the Global Impact Investing Network , a sponsored project of Rockefeller Philanthropy Advisors, and nonprofit B Lab jointly offer an analytics platform that helps investors measure the social, environmental and financial performance of their investments.
Specifically GIIN and B Lab together promote tools that help impact investors measure and track the environmental, social and financial performance of their investments using...
Here is the inconvenient truth about successful trading. It’s work.
Trading is more than just numbers — it is a three dimensional fight that rages primarily inside the traders themselves. Missing any crucial element can ruin a trader quickly. The trader must first develop a robust trading system that fits their own personality and risk tolerance. Then they must trade it with discipline and faith consistently through ups and downs. But that’s not all. Risk exposure must also be managed carefu...Read More