Archive for January, 2011

  • Market Structure vs. News
    Posted by on January 31st, 2011 at 11:18 am, Comments: 0

    In a crowd of mostly technicians but also some skeptics at the MTA event, an audience member stated that technical analysis is useless because it [...]

  • Dude, Where's My Correlation?
    Posted by on January 26th, 2011 at 7:50 am, Comments: 0

    As discussed here, the Great Macro trade of 2008-2010 has shown signs of wear and tear.  The US Dollar does not get an automatic rally [...]

  • A New Market Climate
    Posted by on January 24th, 2011 at 8:41 am, Comments: 0

    “Price advertises opportunity, time regulates all opportunities, and volume measures the success or failure of all opportunities” James Dalton In the rush to label the [...]

  • Is This a Correction?
    Posted by on January 21st, 2011 at 8:20 am, Comments: 0

    WHO CARES?!  A trader’s job is 1) protect capital and 2)make money.  Call the market what you will, a chart making its final high looks [...]

  • Tracking the Earnings Battle
    Posted by on January 19th, 2011 at 8:22 am, Comments: 0

    We’re now in the time when the workload expands but so do the opportunities.  Instead of evaluating the market as a whole, I can return [...]

  • Mad Men or Happy Days Market?
    Posted by on January 14th, 2011 at 8:13 am, Comments: 0

    This is such a weird market…clear lack of selling pressure without scaring anyone into action.  Slip, sliding away in reverse, as shorts get nicked a [...]

  • A Winning Mindset
    Posted by on January 12th, 2011 at 8:19 am, Comments: 0

    After putting a hoop over the door in my son’s room, I was dismayed to hear him screaming every time he missed, to the point [...]

  • Mr. Market's Clues
    Posted by on January 7th, 2011 at 8:10 am, Comments: 0

    Last night on my drive home, I heard a popular fund manager call into CNBC Fast Money with his “shocking” bear case for equities.  I give [...]

  • A "Stop Buying" Signal
    Posted by on January 5th, 2011 at 8:41 am, Comments: 0

    True chartists can come up with a better term for Tuesday’s action, but I call it a “1 Since Hi” day.  No matter the individual [...]