Market Update: Short Term Ceiling in Place, Working on the Floor

Jul 9, 2020

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01:13 PM PST

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Did you know despite all the gyrations we've seen over the last seven trading days (counting today), the net change during that time is basically nil? That's right... after surging to new multi-week highs two Mondays ago, we've basically gone nowhere sinc
Technical Trade Alerts: International Royalty (ROY), Acura

Jul 9, 2020

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01:13 PM PST

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Despite today's pullback - not to mention our generally bearish short-term stance - we're not going jump to any conclusions about what's in store for stocks in the near future. The fact is, today's dip isn't even really threatening last week's gains yet,
Technical Trade Alerts: Bank of the Ozarks (OZRK), RealNetworks (RNWK)

Jul 9, 2020

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01:13 PM PST

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I'm still inclined to keep trading on both sides of the market, as opposed to just going long and riding the wave - the waves have to stop sometime, and I don't want to be positioned wrong when it does. So, I've got another pair of trade ideas for you...
Market Update: The Scale Just Tipped in Favor of the Bears

Jul 9, 2020

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01:13 PM PST

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The saga continues, though the plot thickens. Guess what - I'm still bearish. That shouldn't be a terribly big surprise to any of you who've been around at least the last couple of weeks, as I officially went bearish on stocks (short term only) on May 13t
Market Update: Is Today an Exit Opportunity, or an Entry Excuse?

Jul 9, 2020

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01:13 PM PST

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I hate to rain on a perfectly good parade, but I can't stress enough how I don't think the next three months are going to be anywhere near as bullish as the last three months have been, nor do I think they'll be as bullish as most other investors seem to
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