“Negative interest rates are an act of desperation, a signal that traditional policy options have proved ineffective…” according to this article at Bloomberg “By early July 2016, approximately $13 trillion in debt with negative yields existed in the world.” (article) I’ve thrown away most of my old books on how markets work because I couldn’t […]
Anytime I start to feel complacent I like to look back at last August and remind myself “they” can take this market down dramatically – at any time if they wish. I did a lot of research as to the “reasons” given for an -11% drop in mere few days. Those three items sum up […]
I created this handy diagram to help explain how stocks and sectors run in cycles. (click for full-size) “The market is simply a popularity contest where stocks and sectors come and go in and out of favor in the near-term, awaiting the next catalyst” – StockCats
One little tool in my bag of tricks I use when analyzing the market or stocks is the Heikin-Ashi chart. I’m honestly surprised there isn’t more discussion on this topic and I don’t see more people using it or posting HA charts. I was going to link to the definitive Heikin-Ashi trading book at Amazon […]
Given the recent “market turmoil” I’ve spent more time studying Monthly charts for clues on what to expect next – now that it looks like the SPX may have put in a significant top. I pay particular attention to the last two major tops – with respect to the configuration of certain indicators. I posted […]
Over the past couple years – both on Twitter and the old blog – I shared a simple indicator configuration I use to gauge the overall market environment. I use these same indicators on different timeframes, but earlier today I just happened to be looking at the weekly timeframe and as they say in the […]
How’s this for coincidence? Click Image for full-size. How did they get it so perfect? Right on the last trading day of January… Of course everything will change going forward but I thought it was amazing to see that monthly trendline come into play on the daily chart.