Two Words To Describe This Market: MELT UP
Don’t Fight The Tape:
Don’t Fight The Tape:
Risk vs. Reward Last week I wrote an article titled Trading Math and received quite a bit of positive response from it. The article discussed the importance of keeping your losses small and letting your winners run. This week, I want to follow up with a brief introduction to risk and reward in capital markets….
Conclusion: Not healthy for the global economy or The US stock market or other “risk on” markets. Unless it forces U/Ben to print more. Remember he doubled down in December when $45B/month (QE 3 announced in Sep) didn’t send stocks higher. Russell 2000: Down >400 Dow Points Transports: Down…
Link: http://www.bloomberg.com/features/2016-ev-oil-crisis/
LIKE THIS? SIGN UP FOR OUR FREE NEWSLETTER Infinite Opportunities: Those of you who know me know that I focus heavily on leading stocks. Why? Because by definition, leading stocks out-perform the market. So my chances for success are skewed in my favor when I focus on leading stocks. That is one tool in my…
The fact that there have only been a few distribution days (and not very damaging ones, technically) since the follow-though-day (FTD) bodes well for the current rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to proactively be buying high quality breakouts meeting the investment system guidelines. Trade accordingly. Never argue with the tape, and always keep your losses small
The Blame Game