“Half the lies they tell about me aren’t true.” – Yogi Berra. We talk with people and read articles and books every day about investing, and are constantly shocked at how little most people know about the real risks and returns of the stock markets. The bear market of 2008 has only only ma ... Read more

As we face another day that may have an up VIX and up SPX, it's time for a weekly reminder that these are strange times in VIX-land. Despite the early strength, the VIX remains over 4 points below August futures. This disparity has persisted for a while as the VIX churns around 25 while Augus ... Read more

Today I'm going to show you a good example of one of the rules of identifying when a bear market is transitioning to a bull market. Then on Monday and Tuesday we'll finish up with the series of how to protect short positions during these moves. Lesson Number One of the bear to bull transition ... Read more

This article originally appeared on  The Div Net  on April 8th, 2009. Occasionally, an investor may believe a stock to be undervalued based on his estimate of the business' underlying value. If his estimate is correct, he should generate excellent returns over the next several years if t ... Read more

CERN was a gapping stock this morning and moving against the market all day.  I placed CERN on my Relative Strength watchlist because of those reason.  CERN gave an option for entry by pulling back to an area of support on the five min. chart.  I entered over 37.99 and placed stop a ... Read more

First, a correction from yesterday. In his interview with me, the CEO of ProShares was correcting a few of the misnomers of the ProShares created by the media in general - not cable television. Again, the interview is being transcribed and will be published in whole once it’s completed. I’m su ... Read more

Why trade a gapping stock at the open? BRKR came across the trading desk as a stock gapping up this moring. Key point of interest was the close of yesterday trading range.  BRKR was gapping premarket and opened up over the entire negative range of yesterday’s trading action.  This ... Read more

Last year, one of my clients asked me this question. He was well-educated, but had simply never had an occasion to learn how investments work. It struck me at that moment that if he didn't know, then plenty of other people probably don’t, so I decided to prepare a short introduction to the ... Read more