In this week’s update we will go a step further and calculate where we think the probabilities are highest that markets will change direction.
Technical analysis isn’t a crystal ball. It’s more like a wind sock. Giving you a sense of which way the wind is blowing. Helping you to make decisions that have clear targets and stop loss levels. Where am I right? Where am I wrong?
Let me explain the difference between linear and log scale charts. As this is an important concept for new technical traders to understand.
We’re starting to see the same articles that we see every year, pointing out that September is the worst month of the year for the stock market...
The time has finally arrived to step up to the plate and buy some beaten up gold stocks. I've been waiting for what seems like an eternity...
Forget spending years at university studying macroeconomics and fundamental analysis of stocks and bonds. The US Fed is the only game in town and that’s all you need to know about.
How far can this stock market rally go, and when should we start to look for opportunities to get short for the next leg down?
My current targets on the S+P 500 are to the 35 week-50 week moving average zone, but when I look at that weekly chart I can see things going a lot lower...
If you want to take advantage of a big fall in the stock market the key is to wait until other traders are ‘stopping’ out of their short positions before entering a trade.
How markets react over the next few days will be very interesting. I have to say, I’m surprised by Ben Bernanke’s comments that the US economy is healing.