We’re not saying I told you so, but we did! Airlines soared last week

Uncategorized Jul 27, 2016

We’re not saying
I told you so, but we did!!
Airlines soared last week


This was my tweet on Monday July 11, midway through the trading day. At that time airlines had just begun to move. UAL United Continental was trading at $42.50

The daily divergence clearly indicated the price should be around $47!!! How do I know that? look at the slope of the MACD in the Chart below and you can see where UAL SHOULD BE.

Continue Reading...

Your Powers of Concentration are required on Friday July 15th, 2016

Uncategorized Jul 12, 2016

The easiest way to recognize consistently powerful patterns is to focus on just a few ticker symbols, rather than the large universe of tickers that have options trading activity associated with them.

If you follow one or two ticker symbols that have high volume options activity, you’ll begin to recognize the technical patterns that jolt prices into motion, and you’ll greatly increase your skill and confidence!

By contrast, if you keep looking for new ticker symbols, you’re unlikely to develop the focus required to understand the nuances of the patterns associated with any one stock or index.
The most profitable patterns look the same, whether they are long term or short term. The differences between short-term and long-term chart patterns are in the duration of the expected price move.

A one-minute chart, for example, is not capable of producing a long-term price change. But even one- and five-minute chart patterns can produce great percentage returns; it’s...

Continue Reading...
1 2 3 4 5 6 7 8

Get Timely insight into The Markets

Overall Market comments and individual stock analysis and review. Just for signing up we'll send you  Free 4 Laws for The trading the Markets