Day Trading Tools I Use in Technical Analysis Elliott Wave Principle In 1939, twelve articles by R.N. Elliott titled “The Wave Principle” were published by The Financial World. From the original publisher’s note: “During the past seven or eight years, publishing of financial magazines and organizations in the investment advisory field have been virtually flooded […]
Continue readingThe 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 readingUranium Now Back on the Radar & Law of Supply & Demand I spent the better part of the weekend reviewing the uranium sector. This sector continues to probe the bottom, while the nuclear energy argument has begun to shift with more anti-nuke environmentalists transforming into believers of the benefits of nuclear power. Nuclear […]
Continue readingFirst Down Day For Equities – Just the Beginning or Buying Opportunity? After Monday’s big disappointment courtesy of a very tight inside day, Tuesday’s trading action brought some welcomed relief. The optimal word is some. Refreshing is a word I heard used – It was like a fresh cool drink in the desert another contrarian […]
Continue readingNatural Gas Fails to Ignite Rally – Thursday’s Lows Just Above Important Near-Term Support – Increased Price Volatility = Opportunity Natural Gas dropped over 4% quickly after the latest EIA report showed U.S. stockpiles increasing beyond forecasts. The August future was off over 18 cents touching 3.55 before recovering to close at 3.59. The […]
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