Editors Note: This article was originally published on June 28th 2007, three years ago this week. At the time the NASDAQ was at 2,600 and within months it sold off to 2,200 confirming Chris’ belief that in the short-term…
I'm writing you today to give you a little trick to making yourself money in the market -- STARTING NOW! A little trick that, amazingly, investors (professional and individual) forget about, even though they know it's CRITICAL to profitable trading.…
Is the market back into bullish mode? Did the recent lows of 1040-1050 on the S&P 500 that were tested in May and earlier this month put a bottom in place? Are extreme volatility and fear in the rear view…
What the heck happened yesterday? It looked like everything was rosy (for bulls). If you look at where I highlighted in green, below, we were about to see a battle ram-like smash straight up through: 1. The intermediate down trend…
As I continue to watch the video footage of the oil spewing from the broken riser pipe, dumping thousands of gallons of petroleum into the Gulf of Mexico daily, it pains me to see the severe environmental and economic damage…
Pessimism has been at a multi-year high. You can see from the recent spike in the VIX and the ETN I recommended several weeks ago (Symbol: VXX). That typically means we are at or near a bottom (at least in the…
Ever since the “flash” crash on May 6, the market’s long bull run has lost its footing. That day had a technical importance, with the all important S&P 500 Index closing below the key level of 1150. Since that technical…