Humility is a Learned Virtue
There are days when the markets are likely overwhelmed by the extreme flood of data flowing in and out. The type of day when sudden and extreme moves paint 50 bars in all directions all at once on your chart, that happens to be hooked up to its own algorithm to generate buy and sell […]
Continue readingIs there a Wow Factor?
The answer to the title question is an unequivocal “Yes.” It could be the widening of your eyes in amazement as the $ES trades in a 20 to 30 point range both to the downside and upside in 30 to 75-minute increments for a good five hours straight. Using the right tools, (signal generator and […]
Continue readingMarkets in Transition – Crude Oil
As I began my last post I continue to understand the trading mantra, “I don’t care.” I do care as to whether the shift in trend is towards buying or selling, but I don’t care about the why or what or where. This, for the most part, allows me to concentrate on the momentum. The […]
Continue readingHas the Bubble Burst?
It is not uncommon to move past a “bubble” bursting and not realizing it. Denial plays a big part in the recognition of such a phenomena. While I admit the speculation can grow extremely strong as pundits try to claim their 15 minutes of fame by making bold statements of impending doom only to get […]
Continue readingHappy New Year…Are We There Yet?
The first trading day of 2016 produced an awesome volatile day with many “decoupling’s” taking place. The finish of one year and the start of the new year often produce numerous “decouplings” as money begins to shift strategy. China got things going coming into Monday morning with the major equity exchanges shutting down after dropping […]
Continue readingApple Earnings Beat Estimates, Buying the Past or Future.
$41 billion worth of apples a quarter keeps the bears away or something like that. Apple reported earnings on Monday and beat estimates by a fair amount. Not surprising iPhone sales were brisk coming in at 39.3 million for the 3rd quarter. Why this came as a major surprise to analysts is the question when […]
Continue readingMonday’s Trade Fits Within Current Analysis – Here’s the Update
The broader indexes performed in line with expectations with the finishing touches put on the initial leg up off of Thursday’s lows being completed early in the session. Yesterday I updated the upside potential and provided Fibonacci resistance levels covering the entire declines, (thus far), off of the post FED highs to last Thursday’s lows. […]
Continue readingThe Return of Volatility and 2-way Trade, But for How Long?
Sorry I’ve been away from writing any updates for several weeks. I’ve been ultra busy getting the Logical Signals Trade Room up and running. The members thus far are an outstanding group already contributing across the board from trading indicators, patterns and products, to computer software and hardware. We are ready to move on to […]
Continue readingWhat a Difference 500 Billion ¥ Makes
The head scratching continues as traders try to understand and embrace the rip-roaring lift in the US markets after leaving a small but promising dent on Monday. After Tuesday’s start appeared to be continuing to add to the “woes” as news out of China over the weekend revealed a continued decline in the economy the […]
Continue readingIs That All Ya’ Got Apple?
After weeks of hype to pull everybody into the AAPL web the company finally pulls into the hall with Tim Cook taking the stage and starting the fireworks. Or I should say the anticipated fireworks. The only thing I can really say about the performance of the stock after all was said and done – […]
Continue readingThe Logical Signals Trade Room Opens Monday, September 2nd at 9 AM EST
I am very excited to begin the Logical Signals Trade Room on Monday September 8, 2014. Space is limited to 50 members, (subscribers) and while there are a few places still open the room is filling up. If you are still thinking about joining please reread the description below and take advantage of the special […]
Continue readingAre We There Yet?
I’m not sure why so many people get bent out of shape with the thought of a market correction. As if the markets correcting is akin to having root canal without anesthetizing the tooth being ‘rooted’. The markets are not falling apart they are falling into place – normalizing – returning to the mean. Calling […]
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