Stock Market Video Analysis for Week Ending 8/30/13

If the weatherman said there was a 60% chance of rain you would grab your umbrella. With markets below declining moving averages the intermediate term outlook remains stormy, why would you want to buy? Wait for evidence from price action before you put your hard earned capital at risk on the long side. The video … Read More

Stock Market Video Analysis for Week Ending 7/5/13

ANTICIPATE all market scenarios but wait for PRICE CONFIRMATION before you PARTICIPATE. Markets continued to recover from their recent selloff and while I have been pointing out the possibility of a short setup coming I have also stated what would need to happen for that bearish scenario to setup for a low risk trade. The … Read More

Stock Market Video Analysis for Week Ending 4/12/13

Markets continue to follow their “path of least resistance” and those who short (or buy $GLD) against the primary trend experienced another punishing week. The trend is your friend unless you fight it. There is a danger with a market which appears to be bulletproof and that is complacency. Complacency sets in when people believe … Read More

Stock Market Video Analysis for Week Ending 3/8/13

After the volatility we saw 2 weeks ago it appeared some consolidation was due for the markets but buyers showed up once again and longer term uptrends continued to exert their strength. The higher we go it seems that more people are focused on picking “the top.” The correct focus should continue to be objective … Read More