Whoa Nelly! Quite the ripper this week as September is off to a tremendously bullish start. Bears were caught leaning the wrong way this week and it seems as though the market has gone from oversold to overbought in the matter of days. I, for one, am looking forward to a break from the markets [...]

For those that have asked, the archived version of the trading psychology webinar I did recently is now available. You’ll have to register to view it and will more than likely receive some marketing material from Trade King. You can opt out of the emails at any time (I think I receive 1/month). I’d appreciate [...]

Wednesday is what I’m calling the “event” where the $SPY ripped higher and never looked back. Thursday brought about a nice follow-through day, albeit on lighter volume. I like to track volume and feel as though it holds merit in certain areas of my trading. However, if you are on the wrong side of a [...]

Wednesday’s action caught some by surprise and perhaps a bit of short covering ensued as a result.  I track the $SPX in many areas and one metric is new daily highs. Here are the names of the components that printed a new daily high Wednesday. Some of the names below have decent looking charts. Ameren [...]

September is here and that means the kids are back in school, pennant races tighten up and football gets into full swing (except for Roethlisberger). September also brings the expectation that full market participation is back. Let’s hope so because the Summer was nice and boring (perfect for premium selling). Still fresh in the minds [...]