Thanks to your feedback I’ve decided to adjust what I’m posting regarding market breadth. In the graphics below you can see the ETFs I track and how they performed from week-to-week. I’m looking at three time-frames here with a short trend 9 SMA, a medium trend 50 SMA and a longer trend 200 SMA. These [...]

Every one of the top 10 ETFs ranked by trade volume via percent change for July were leveraged vehicles. Disturbing trend to me. Options are already perceived as a “gamble” or “too risky” by those unfamiliar with how they work and large leveraged losses can only add to that stigma over time. To the risk [...]

Took the week off for a family vacation and looks as though I really didn’t miss much as a nice doji formed on the weekly chart for the $SPY. I’m writing a post for next week regarding my vacation and some of the lessons I learned. Hope you have a good weekend (there’s a link [...]

It seems so easy to focus on the things we do wrong. I can name hundreds of mistakes I’ve made in my life. I choose not to focus on what went wrong, but rather on how I can improve my standing and learn from my mistakes. I found one of the most frustrating aspects of [...]

The major indices put in a nice week and look poised to have a follow-through this coming week. If a follow-through occurs, the breadth will have made some higher highs as most indices are approaching 50% of their components trading above the 200 day moving average. Tech continues to lead the way so it will [...]