A Bullish Scenario

may be setting up in the S&P 500 (SPY), the key words here are “may be”. I still believe that the daily picture is still a mess, which favors shorter term trades, but we always have to be aware of all potential scenarios. One potentially bullish outcome would be for the SPY to make a … Read More

On Tuesday

I wrote “Inverted H&S Forming on the 10 minute Qs and other markets, but with the 5 dma still declining I would be careful on the long side. Call options seem like a good idea if you are bullish here for a trade, it limits the downside.” It was a small postion for me, but … Read More

Best of The Web

Best Blog- Technical Analysis ALPHATRENDS!!! click the banner to listen to the radio show from Andrew Horowitz of THE DISCIPLINED INVESTOR Andrew does a great job, my part begins 38:00 minutes in. Wallstrip also won their category! Nice! You can hear HOWARD at about 45:45. Congratulations to all the other winners and contenders.

Impressive Response

to earnings for Research in Motion (RIMM) Tomorrow the stock will open significantly above today’s regular session close, but as you can see from the chart, there really is no “gap”, the stock traded at every level up. Looks like we will get a “Santa Claus Rally” this year.