After speaking at the MoneyShow in Orlando, I had a very nice sit down with Benj Gallandar. Benj is co-editor of Contra the Heard investment newsletter. I really like their work, and it was a real pleasure to meet with one of the true contrarian investors out there. Benj and Ben are patient. They buy Read More
The long and short of it all
Today I’d like to review the longer (macro) termed outlook via a current reading of my Bear-o-meter. I’ll re-post a chart of the S&P 500 that I’ve put up a couple of times that will point out a few potential technical targets for that index. Finally, I’d also like to review the neartermed probability targets Read More
Opportunities for mid-termed trades
Today’s blog is going to be short and sweet. Celebrate, for I shall avoid waxing eloquent, and get right to the point! Each of the 4 notations below are encapsulated in a capitalized summary sentence. Here goes: Reversals are often signalled by short-bodied candles. Short bodied candles occur when the market rises or falls Read More
Ask me anything: answers!
Last week I offered to do an “Ask me anything” blog. I received several questions, a few of which I answered right on the spot (they were not “big” enough questions to do a full write up on). But I did select 3 questions that I thought might be of interest to all. Here they Read More
James Bond. Licence to kill?
Who’s your favorite James bond actor? For me, it’s a close three way tie between Sean Connery (of course!), Pierce Bronson, and Daniel Craig. Not sure who’d I’d have to say my favorite was or is – each has merit. This summer, we get to see a new Bond movie with Daniel Craig AND Read More
Trading China’s 2 year trading range
The Shanghai has been meandering between 3000 to 3300 since early 2016. That’s two years of sideways nothingness. The index did try to break out of this range late last year, but it quickly retreated into its never-never land range as the trade talks heated up. Trump-o-nomics have been very positive for the US economy Read More
Turnaround stories
I thought it might be fun to examine some really sorry looking stocks that look to be putting in a base. Base breakouts can be powerful moves. A base that is in the development stage can be encouraging, but you do not buy a stock, or market, while it is contained within that base. That’s Read More
Bear-o-meter goes bearish
I did the full-blown Bear-o-meter reading today, and it came out bearish. The current reading is a “2”. As a refresher: The compilation assigns “points” to a number of different factors. If a factor is bullish, it can get a +1 or at most a +2 reading. If its bearish it can get a -1. Read More
Safety in bike riding and tech stock trading
I got to thinking the other day about the parallels of cycling (my beloved sport) and investing. Both of these ventures involve a degree of risk. The risk of investing is loss of capital. The risk of cycling is injury or even loss of life. In both cases, we can take precautions to make sure Read More
Staples not so stable
Consumer staples are in a bit of a tizzy. If we examine the SPDR Consumer Staple ETF (XLP), we can see that the sector has suffered about a 10.5% drop since its peak in February. Unlike the broader markets, it has not recovered similarly to the S&P 500 since the February market correction. XLP Read More