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Market Commentary

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Is Tesla The American BYD?

Is Tesla a bubble stock?

A recent article at another investment blog drew disparaging technical and fundamental parallels between Tesla and a small Chinese car & battery outfit , whose stock soared 10X in 2009 after Warren Buffett bought 10% of the company. When management failed to deliver on its promises, shares of BYD fell back to Earth like Icarus unplugged. 

Shares of Tesla have risen more than 1000% since the IPO and have dropped 20% over the last month as the Nasdaq 100 corrects its ef...

Apr 16, 2014
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Did I Answer The Question?

Clearly the bulls and the bears are fighting it out in the trenches now. Today’s market action typifies what happens when these forces collide in an effort to control the trend. Understandably, this volatility has some worried, especially in the context of the military buildup in Ukraine.

  • Ed, I'm getting a little concerned about the situation in Ukraine.  What do you think? Is the market going to tank if the fighting starts? Tough question, but should I have a plan?

Actually, the question is ...

Apr 15, 2014
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June Australtian Dollar Futures: Trading Idea April 15, 2014

June Australian dollar futures a buying opportunity on more price strength.

 

See on the daily bar chart for the June Australian dollar futures that prices are in a solid uptrend and last week hit a multi-month high. Prices are seeing a corrective pullback on Tuesday but the bulls are still in firm command and there are no early technical clues that a market top is close at hand. A move above chart resistance at last week’s high of .9419 would give the bulls fresh upside momentum and it would...

Apr 15, 2014
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How To Trade Intel Earnings

Intel Corporation shares have slightly outperformed the broader market in 2014, up a modest 3% so far year to date.  The stock has traded in a 52-week range of $21.42-$27.12, having hit its low of $23.05 on February 5, the same time as the broader market.  The stock ticked up $0.38 in Monday’s session.

Intel Corporation is scheduled to report earnings after the closing bell in Tuesday’s session.  Analysts are projecting EPS of $0.37 per share on overall revenue of $12.81 billion.  Historical...

Apr 15, 2014
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The Journey To Profitable Trading: A Checklist

The path to consistently profitable trading can be a long and winding road for many traders.

There are many lessons to be learned —both about the markets and one's own personal psyche. Traders who have a passion for the markets and persistence can achieve success. There is some luck and also a lot of hard work and long hours involved in the process.

Here are a few articles to help you along your path.

The Inspiration To Trade

Why I Trade by Jerremy Newsome

Trading For A Living: Should You Take...

Apr 15, 2014
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Featured Stories

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Trading And Spouse Relationships


How trading affects our relationships and relationships affect trading

In the past couple of months, I have received several e-mails from traders who were in emotional stress. With only minor corrections, the market moved up relentlessly for a year. This has been a difficult environment for traders, as a majority tends to fade market momentum, looking for volatility. I also received two e-mails from trader spouses—pouring out their hearts, as the emotional stress was effecting their relations...

Apr 15, 2014
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Overcome Fear In Your Trading

Why is it so important to be able to trade without fear?

The reason is that the emotion of fear clouds your judgement and makes it hard if not impossible to stick to your trading plan. 

For example, the  trader plans to enter a trade when it pulls back to a certain pre-defined level,  he waits patiently for the pull-back and when price pulls back it does so with a large candle and high momentum.  At that moment his fearful brain kicks in and starts rationalizing that this particular trade w...

Apr 14, 2014
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SPX: Party Like It's 2000? Let's Hope Not

Goldman Sachs has been circulating a document repeating a question it is hearing more and more frequently from its clients these days: is the current market repeating the pattern that developed in March, 2000?

March of 2000, as everyone who was active in the market then remembers with some pain, was the month the tech bubble popped, and took the entire stock market down with it.

Then, as now, a handful of high-momentum stocks – an updated version of the `Nifty 50` of the last Millennium – wer...

Apr 14, 2014
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10 Commandments For Trading With The Trend

The principles that successful trend traders use to make money in the markets is difficult for the average investor or trader to understand.

Readers unfamiliar with systematic trend trading have a hard time grasping the concept of trading for profitability without trying to predict where price will go next. Most successful trend traders have preset planned entries that are triggered by a reaction to a new high or low price being hit. They use quantifiable price levels and indicators like movi...

Apr 10, 2014
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The Truth About Fundamental And Technical Analysis

It’s not at all uncommon to hear traders go around talking about being primarily a technical analysis trader or a fundamental analysis trader. It almost seems like there are two completely different camps in the market analysis war within the Forex market as traders pick and choose a side in the technical versus fundamental analysis debate.

When people ask me whether I primarily rely on technical or fundamental analysis in my trades, I know that there is always that opportunity for debate, but...

Apr 8, 2014
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