Up-trend continues with my indicators at their maximum values.  I am away and cannot write a full post. gmi: 6 gmi-r: 10 t2108: 54 ... Read the full post ... Read more

Well, the indexes again bounced off of their lower Bollinger bands and the market’s short term up-trend resumed. Note the 5th bounce that I just added in red to the chart I posted on 10/19 after four bounces.  Review that post if you want to understand the logic of Bollinger b ... Read more

The market deteriorated very quickly last week.  The 4 down days occurred on much higher volume than the single up day.  In fact, the up volume of some of the bear  3X ETF’s (EDZ, FAZ, ERY) was the highest I have ever seen, especially on Friday.  The 2X  Ultra short  QQQQ ET ... Read more

I recently attended a Worden seminar about their new software, StockFinder.com, which will eventually probably replace TC2007, my favorite analytic program.  While there, they talked about the  free software that they make available to everyone, Freestockcharts.com.  Freestockcharts ... Read more

When I teach my class to honors students I find that the biggest mistake they make in trading is buying a stock when it is too extended from support.  They buy when it is extended and then sell as it falls back to support.  I did that a lot until I reviewed several losses and discover ... Read more

From time to time I attend stock meet-ups and listen to members opine about how useless the IBD 100 lists are.  People just like to denigrate things without examining the evidence and these untruths tend to get passed on unchallenged.  Each Monday, IBD publishes a list  of the top 10 ... Read more

The sudden deterioration in the short term indicators is a little troubling to me. While I am defensive, the longer term weekly up-trends are still up.  Last month, the market weakened considerably early  in the month, only to come charging back by options expiration.  We do not know ... Read more

My short and long term indicators are still in up-trends.  I am enjoying the current weakness and will wait to buy TYH when it bounces off of support.  Support for me for TYH is around 126.  If TYH bounces around there I will buy it and place a sell stop below the low of the bounce ... Read more

The table below, like the one I showed in late August, shows me the wisdom of forsaking individual stocks in favor of the 2X or 3X ETF”s.  Why try to find the few stocks that can beat these ETF’s when the odds are so low?  Since the current short bounce began September 1, ... Read more

All of my indicators are positive again.  My university pension is now  100% invested in mutual funds and at all-time highs. The GMI table below shows that things look good.  The SPY and QQQQ have closed the past 9 weeks above their 10 week averages, a sign of technical strengt ... R ... Read more