Today I was planning on following up on yesterday's lesson in ranking stock sectors, but because the market is so overbought I thought it would serve us best to look at how to exit positions, especially in a bull market. In the Model Portfolio of my Daily Battle Plan , we have taken exact ... Read more

A strong rally in the final hour of trading saw broad market indices close at the highs of the session, led by the relative strength in financials. After fighting off a weak open, markets reversed higher but failed an early afternoon breakout attempt and fell back into a range. Tech stocks faile ... Read more

A question I’m often asked is whether or not it makes a difference to take a signal at the close or simply wait until the next day’s open. I’ll answer this two-fold. The first answer is based upon the test results. Using our methods, entering a position on the close has historicall ... Read more

OK, we all know, or at least we hope we all know, that options volatility constitutes a prediction of of where *realized* volatility will go over the next X Days. The "X" we almost always use is 30. So a standard volatility measure, call it "The VIX" or "The VXN" generally seeks to express volat ... Read more