Weekly Analysis
We saw some major bullish intraday reversals on the Nasdaq, S&P 500 slides on lighter trade, and bearish bets. Massive index put buying Friday has the big boys running for protection, all week the overall put/call ran extremely bearish. There is a disconnect between actions of fund managers and their sentiment. Mix […]
Look for some new features this weekend!!!
I will be testing out a few features, including a watch list feature.
Stay Tuned.
-MS
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Excellent Article about “Trend Following”
Lao Tzu, a philosopher from the 6th century B.C., once said, “Those who have knowledge don’t predict, and those who predict do not have knowledge.” Trend followers do not predict market direction. They can’t predict the next big trend, and they can’t predict their performance. People have a hard time accepting those simple truths in […]
Semis lead the Nasdaq intraday reversal as oil flirts with $61
Let’s repeat yesterday’s entry…Bullish intraday reversal on the Nasdaq!
Iran is also in the hearts and minds of traders. Their blunt disregard for the UN Security Councils demands is a sign that it is their mission to produce an atomic weapon. Crude oil is feeding off this fear and will continue to […]
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