fbpx

Bounce Back or Bust

Last week, the major indexes were weak, pulling back from record highs. No surprise right?  We are in a major pandemic, we have a contested presidential election, the senate hangs in the balance, small businesses are cratering, and unemployment is high.  And market...

I have some questions

Here is my number one question: “What justifies the S&P 500 P/E ratio being 44% above its historic mean?” Seems like a reasonable question.  In this week’s update, I venture into a little bit of fundamental analysis.  Weird, I know, for a...

50-mile-an-hour headwinds

“50-mile-an-hour headwinds.”  That is a quote from “Maestro,” otherwise known as Alan Greenspan, Chairman of the Federal Reserve from 1987 – 2006, under 4 presidents.  He made that comment about the economy as it was struggling to come...

How to get Whipsawed

Here is how you can get “Whipsawed” in the market:  Chase headlines and assume that short term moves imply long term trends. It can be exciting, but I don’t reccomend it.  “Exciting” can equal significant losses. In this week’s...

My Trade Watchlist

It is a difficult market to trade right now; Coronavirus cases spiking, stimulus package suspense, a tsunami of corporate earnings, and of course the Presidential Election coming very soon. So we just stand back and wait?  Not neccesarily.  I have some great trade...

It’s Excruciating!

It’s excruciating!  Too see a perfect Bearish setup, but to be reluctant becuase of the “synthetic” forces that have impacted the market this summer.  What to do?  I offer my thoughts in this week’s video...

Some Folks Are Getting Schooled

As the Wall Street Journal says, “Volatility Teaches New Investors That Stocks Go Down, Too.” In other words, some folks are getting “schooled.” But who knows, the new wave of Bullish traders may push the market up even higher. Or, as the...

Expect Volatility

Mail in ballots? In person voting? A contested result either way? The markets are getting nervous about the upcoming election. The VIX may be the highest probability play. Check out this week’s video for my analysis and...

Here’s the Good News

The good news is that there is more to life than trading. The market is grinding sideways – the worst condition for a Swing Trader like me – but hey, it is summertime and it is beautiful outside.  So I’ll do something fun until conditions improve. In...