Usually when I write something with much emotion attached to it I call a top or a bottom, but I can’t resist to document further this moment as I too have found myself getting excited these last couple days with gold- the trend is lower.

Inspired by Phil Pearlman’s call to action Im going to try and share my thoughts on the overnight Cyprus event. First off, Sunday was a day of sluggish thoughts about the week to come as I had a great St Paddy’s day weekend here with friends and family. Watching the market the week prior I [...]

I’m starting to hear more and more people calling for tops, everyone is looking for the next big pattern to create a signal- myself included. There is always a need for awareness and familiarity of ones surroundings.

Today was a big day for the markets. The transports continued to show strength and broke key price levels higher. In some minds this will now bolster the highs that we are making into the end of the year and possibly eliminate theories for more serious corrections to come based on a failing Fed effect [...]

I continue to work on correcting the mistakes that I make. I like to take the contrarian trade and with that mindset I tend to be aggressive. Im sure that there may be other things that I am missing, but what I have come to realize immediately is that I tend to view too many [...]

Is helicopter Ben just not going to show up any longer? What does that even mean? I follow price not Fed Chair hobbies. Will the death of Osama Bin Laden really mark a top in the stock market? Is this more of the grief he will leave behind? Do we now really need higher oil [...]

Focusing on the basics, the details and your time frames is no less important while observing a trade then actually trading it. A chart of PPDI that was noted on stocktwits by alphatrends had a great triangle setting up at the daily time frame which I have a tendency to like to trade. Though I [...]

While this may seem like searching for a scapegoat for a stocks price motion, it’s meant to reflect a timeline of events that in all actuality are random, as compared to past events. The probability of this particular event even seems foolish. If you asked someone if they would invest in a company that has [...]

Although transactions in the market are executed in a number of ways, whether electronic or human, a tick in a markets price has objective and could be categorized as either a trade or an investment. Traders and investors, to the market, are simply buyers and sellers of opportunity. However, there is also a third type [...]

Just like the many variations in a stock pickers picks, many times charts can be telling you the same thing differently. There is a common thread among all charts of the same equity that creates a semblance of these differences; time. For the trader, chartist or stock picker when analysis doesn’t follow through it can [...]

The statement “market error” is possible, but largely impossible. At times errors occur, they are rare but obvious, like in many individual stocks on May 6, 2010. But the “market error” speculated to have been made by reaching the indices low levels was largely exactly as it appeared and it was real. It did happen [...]

News as a business will seek out what is desirable and what is selling to audiences to remain profitable. Sometimes that audience is the market participants or traders, other times it is so called “Main Street.” Which I happen to believe is a lot like Wall Street, in a way. The two are axioms, and [...]

For anyone who is carousing the web looking for information and direction in the equity markets the pitfalls are numerous. But, the wolf in sheep’s clothing can be hard to discern for a beginner trader. Perhaps he or she does not have access to a higher level of information. Perhaps something from these news sites [...]

As a technical day trader I continue to work on solidifying my own day trading strategy. As I explore the markets for opportunity, I find that the urge to follow others “advice” becomes more distracting. That’s not to say that there is no such thing as stock market strategy advice or stock market trading advice [...]

Are You Sure You Don’t Want To Sell? Why do I hear this more and more in my head lately? Probably because it’s prudent to my strategy to take long positions down or off. But for the short term trader, the trading action is testing the strength of bullish sentiment to the point that institutional [...]