When to Close a Position
With all the literature out there, it’s easy to find trade set-ups and entry strategies, but the real money is often made with proper exit logic/strategies. What did classical thinker Richard Wyckoff say about closing a trading position? In his book Studies in Tape Reading, Wyckoff identifies four specific reasons to close a trade: “A Tape Reader must close ...
1994 Scenario: Market’s Worst Nightmare
Spike in Rates Could Spook Stocks In recent weeks, interest rates have moved significantly higher. Rising interest rates are typically a good sign for the economy and stocks, but one of the exceptions is when interest rates rise too quickly. From Friday’s Wall Street Journal: The recent spike in rates conjured up fears of a bursting bubble in bonds, a rapid ...
Infrastructure ETFs Are Overrated
Early in 2007, a prospective client informed me that he would not be placing his $1,000,000 portfolio with my company, Pacific Park Financial. He explained that another Registered Investment Adviser specialized in leveraged emerging market ETFs and that the firm’s performance was amazing. I challenged the individual to better understand daily compounding ...
Some Perspective via the Weekly Major Index Charts
As we reach the halfway point of June 2013, let’s pull back the perspective on the “Big Three” US Equity Indexes (Dow Jones, SP500, and NASDAQ) to get a sense of the primary and intermediate trends along with the current reference levels for strategy and trade planning. We’ll start with the SP500 ‘Bull Market’ chart from the March 2009 low to present: From ...
Navigating A Fed-Dependent Market
Experienced traders and investors respect and understand the concept of “Don’t fight the Fed”. The basic rationale behind the expression is that when the Fed is printing money, the odds are tilted in the bulls’ favor. Conversely, when the Fed is tightening policy, bearish odds begin to pick up. What Fight Are We Trying To Avoid? One of the most frustrating ...
Dual Upside Projection Target for Apple AAPL and Levels to Watch
Apple (AAPL) stock on a charting basis rests near a major inflection point that is worth our attention. Depending on what happens at the current price levels, we will be looking for a movement up to a dual-indicator projection target or else lower for a retest of the prior low. Let’s update our Apple analysis game-planning and focus on the key inflection level, ...
Is A Fed Tapering Correction Around Corner?
The next formal policy statement from the Federal Reserve could prove to be unfriendly to the current stock rally. Based on history, it is reasonable to state Jon Hilsenrath of the Wall Street Journal (WSJ) is plugged into the Fed. From a Hilsenrath WSJ story dated June 7: Federal Reserve officials are likely to signal at their June policy meeting that they’re ...
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When to Close a Position
1994 Scenario: Market’s Worst Nightmare
Did the Fed Carve a Bottom for the Dollar?
Infrastructure ETFs Are Overrated
Key Levels for IYR Real Estate ETF
A Big Day For Bio Stocks
ETFs for the “Third Scenario”
Fed Day Preparation and a Webinar Reminder
Housing Starts In May Rebound After April’s Sharp Correction
Does Diversifying ETFs Across the Asset Classes Cause Portfolio Abuse?
Gary Gordon: Does Diversifying ETFs Across the Asset Classes Cause Portfolio Abuse? http://t.co/bwPYHMSW8G #mkt #etf $$ 9:29 PM Jun 11, 2013
Dan Rosenblum: @adamfeuerstein @dsobek they are approved in Scotland were approved on 5/10 this is Wales 6:55 PM Jun 11, 2013
Dan Rosenblum: sorry I was wrong the $VRTX news is new I confused Wales and Scotland 6:53 PM Jun 11, 2013
Bob Lang: 16.5 on the $VIX for a bull charge into the close, up to 17 and higher the market tanks ---with the violence on the news going to tough 6:40 PM Jun 11, 2013
