Other Markets In Dow Points
Russell 2000: Down >400 Dow Points

Transports: Down >400 Dow Points

- Platinum down 5% almost 735 dow points
- Palladium down 6% almost 885 dow points

Russell 2000: Down >400 Dow Points

Transports: Down >400 Dow Points


The Stock Market Has More Room To Run A quick note on valuations…Even with the current meltup, the SPX’s P/E ratio is around 19, which is lower than its March 2000 top (~29) and its Oct 2007 top (~22). So from a pure valuation standpoint (not to mention all the easy money injected into the system from global…

Several Strong Setups: One thing I look for each week is strong setups. Anyone can be a great Monday morning QB and say – look at how strong XYZ is AFTER it broke out. For me, I find the real value is finding the gems before everyone else. Advanced Entry/Exit Points In Leading Stocks &…

Few old headlines that are very similar to recent headlines: It’s a funny old World: 1989-1991: Housing and savings and loan crisis: Fed eases aggressively as economy enters deep recession 1992-1994: Existing financial architecture in Europe (ERM) blows apart 1995-1998: European convergence trade in both FX and Bond spreads keeps European currencies relatively stable vis a vis the…

This week’s Trading Lesson Few Make Money; Most Lose: People frequently ask me, “How much money can you make trading stocks?” I understand why people ask the question but it is a question that does not have one easy answer because there are so many variables. It is like asking, “How much money can you…

I can’t help but notice that S&P 500 Futures (ESM4) are up 8 consecutive weeks in a row and up 11 straight days. Over the next 48hrs, the market will digest two important data points (ECB & Jobs Report). Clearly, in the short term we are extended to the upside and a light volume pullback…

Largest Economy In History & VALUATIONS Are Attractive The market continues acting great considering how weak it was acting just a few weeks ago. The benchmark S&P 500 jumped to a fresh record high on Monday which is very healthy. Late last week, the Nasdaq Composite, Nasdaq 100, Philly Semiconductor index ($SOX), and Mid Cap…