You have no doubt seen this little potential head & shoulders elsewhere, so there is no new ground being broken here. But here is its current status showing a little hammer of hope trying to get the heck over the neck (blue) line. Actually, when I started the chart it was a cute little hammer ... Read more

Not sure how timely this is in The New Bull Market, but a quick word on dividend spreads since they came to the forefront the other day, and honestly, not sure the dynamics are clear if you've never spent time on a floor. Basically, here's how it goes. Let's say stock XYZ pays a quarterly ... Read more

The GMI and GMI-R have been zero since Tuesday’s close.  There were 3 new highs and 424 new lows in my universe of 4,000 stocks on Wednesday. The Worden T2108 Indicator is now 21% and heading down from the reading of 89% on January 6.  In the November swoon, this indicator bottomed at 1 ... Read more

              Here’s the breakdown on the odds of market condition 5% of the time the Market is  VERY STRONG Focus on Quality Long Patterns and even sloppy long patterns will work in this condition 20%   of the time the Market is STRONG to ... Read more

There were 3 new highs and 103 new lows in my universe of 4,000 stocks on Tuesday.  The GMI and GMI-R both declined.  But the QQQQ short term up-trend completed its 5th day.  I hold a little QLD and have a close sell stop in case the QQQQ declines more.  Note that MYGN and SXCI h ... 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

Hey guys I just got done making a new market update video for you and I put it on Viddler. In it I explain why I think that right now we might have, at the very least, a short term buying opportunity in the market. Enjoy the video and please let me know what you think of it too.  http://www ... Read more

In class just the other day we talked about Efficient Markets and concluded that while markets are exceedingly difficult to beat on a risk adjusted basis, it does appear that as we learn more perfect efficiency in the sense of a random walk, is not really the case. So it is a great coincidence that ... Read more