Archive for April, 2011
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More Than One Outcome from a Divergence
Posted by Derek on April 29th, 2011 at 8:09 am, Comments: 0I’ve mentioned this week how wide the performance gap has been between what I call Leaders vs. the S&P 500. In most cases, this results [...]
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Today Means Everything, Today Means Nothing
Posted by Derek on April 27th, 2011 at 8:52 am, Comments: 0A trap in which I’ve fallen over the years is placing too much emphasis on every day of stock action, every hour, every minute. Where [...]
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Break Out the Weekly Charts!
Posted by Derek on April 22nd, 2011 at 8:20 am, Comments: 0After 8 weeks of chop and halfway through earnings season, we’re nearing the point where weekly charts make more sense than daily. It hasn’t felt [...]
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Trading Lesson From the Links
Posted by Derek on April 17th, 2011 at 5:14 pm, Comments: 0I realize the blogosphere has no need for another “trading as a sport” post. But fresh off my annual Myrtle Beach golf trip, I’m writing [...]
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A New Picture Emerging
Posted by Derek on April 13th, 2011 at 3:47 pm, Comments: 0We’re in the same price range as yesterday, with the same disappointment towards the inability for $SPY to hold a bounce. But my stats show [...]
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Can I Lose On Purpose?
Posted by Derek on April 9th, 2011 at 3:37 pm, Comments: 0In responding to a great piece from Ivanhoff on using intuition, I went looking for an article by Michael Mauboussin discussing the role of intuition. [...]
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Leaders Want a Break
Posted by Derek on April 6th, 2011 at 10:34 am, Comments: 0No alarm bell to sound, but prudent risk management says watch the leaders. If they stop leading, it is a sign of change. Well, in [...]
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Arbing Our Time Away
Posted by Derek on April 6th, 2011 at 7:32 am, Comments: 0We know each transaction matches a buyer and seller. Do each of these parties really view the current price so much differently that they’re willing [...]
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Seven P’s From a Day of Education
Posted by Derek on April 2nd, 2011 at 7:23 am, Comments: 0Wow, February and March got away from me…two months later and I’m finally writing a summary from the awesome day of education hosted by the [...]
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Derek Hernquist is a Portfolio Manager at D. Scott Neal, Inc. where he focuses exclusively on implementing an ETF-based Tactical Asset Allocation program for the firm’s investment clients. He studies price action across multiple time frames in search of sectors and More »
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