How I Gauge Market Direction By Watching Individual Stocks
Traders first learn to use chartpatterns to time buy and sell decisions on individual stocks. But dont miss theforest for the trees. The time you spend combing the charts for trades also canfurnish you with an invaluable gauge of the overall market.Pattern formations dont just crop upin individual
Want To Cut Risk But Still Capture Big Moves? Try ETFs
The pattern trader wants volatility — one-sidedvolatility, that is. Buying off breakouts and pullbacks, we wantprice to spike upward.When we short, we want downward price volatility. But what if you playexchange-traded funds? Exchange-traded funds that track broad indexes dont produce the explosi
Using Inverted Cup-With-Handles To Identify Shorting Setups
Traders have long known that manybuy-side chart patterns can be inverted totime short entries. For even better results, weve also learned to turn the fundamental picture on its head as well: weak or deteriorating corporate performance for shorts vs. strong or improving fundamentals for longs.The me
Forecasting The Fed With Fed Funds Futures
No singleinstitution has greater more sway over U.S. financial marketsthan the Federal Reserve. And the Feds most powerful weapon is the federalfunds interest rate.The fed funds rate sets the interestcharged by banks for overnight loans to other banks in need of more cash to meet reserverequirement
Sell ‘Em Short: Three Patterns For Bears
You can divide short-selling patternsinto two groups: reversal patterns and continuation patterns. I am going to showyou examples of both.A reversalpattern assists you in spotting a major trend change. Theshort-seller, of course, is interested in spotting recent leaders right as theytop and break ap
Sell ‘Em Short: Three Patterns For Bears
I am going to show
you examples of both reversal
patterns and continuation patterns
Forecasting The Fed With Fed Funds Futures
No single
institution has greater sway over U.S. financial markets
than the Federal Reserve. And the Fed’s most powerful weapon is the federal
funds interest rate.
The Psychology Of Chart Patterns
More thanonce, finance profs have told me that chart patterns dont work.After all, why should the market obey achart pattern?This misses the point about patterns.Patterns dont dictate to the markets. Human collective behavior dictates to themarkets. And as a species, human beings act today just we
What Does Greenspan Have In Store?
The market action Friday was pretty
much a roller coaster ride as traders were bombarded by more earnings warnings
and analysts’ downgrades.
Stocks Appear To Open Mixed
Stocks appear set to open mixed Friday
in the midst of more earnings warnings and in anticipation to the upcoming
Federal Reserve Board meeting next week
Cautionary But Still Constructive
The market Friday continued to offer
relatively few decent setups among the high relative strength names while past
breakouts continue to act constructively.
Buyers Come In For 2:00 PM Rally…Why?
Stocks opened up flat Thursday and
ended the day higher.