Month: May 2008
Trading Books
Here’s another review of my book from BESPOKE The guys at Bespoke Investment Group (BIG) do some excellent unique research each day, it is one of my favorite blogs. Looks like I’m not the only one who has been writing. Dr. Brett announced he has a NEW BOOK with its own blog. By the way, … Read More
Bank of Hawaii (BOH)
is the stock of today’s WALLSTRIP Here’s a look at the current technical condition.
Stock Market Video Trend Analysis 5/29/08
I will be interviewed about my book live at 7:15PM Eastern tomorrow by MARC MANDEL from www.winningonwallstreet.com
Volatility
in oil is large today as the market experienced a short lived knee jerk rally when inventory information was released. The failure of oil to hold onto gains with “bullish” news shows that profit takers are becoming aggressive and a deeper pullback becomes more likely.
Uptrends
are defined by higher highs and higher lows. The uptrend on the daily timeframe in Sina Corp (SINA) is now confirmed by the uptrend on the 5 minute chart below. When it comes to taking profits everyone has different styles they are comfortable with, I like to sell into strength and hold partial balances for … Read More
What is Trend Alignment
Trend trading with multiple timeframes is the subject of my book. This video explains the concept using a real example of a stock which looks poised to continue higher. No plan is complete without a stop and this video looks at the risks as well as the potential rewards in Sina Corp (SINA) Remember, my … Read More
Financials & A Daytrade
as represented by the XLF are approaching what has been a key level of support at 24.40, breaking that level could lead to broader weakness.
Financials & A Daytrade
as represented by the XLF are approaching what has been a key level of support at 24.40, breaking that level could lead to broader weakness.