Daily Archives: August 8, 2022

Showing articles 1 - 6 (6 total)

22Dec5:18 pmEST

Stock Market Recap 12/22/14 {Video}

The following video contains coverage of relevant broad market issues (for equities) in addition to plenty of actionable trading ideas across other asset classes. Feel free to pick and choose which ideas and parts of the analysis fit your style. Always properly manage your downside portfolio risk for any trades taken. Enjoy tonight's...

22Dec3:40 pmEST

70 Wonder Years

The great musician Joe Cocker died at 70 years old. He had a distinct voice, and also was featured in the theme song to the hit TV show, "The Wonder Years." Back in a few moments for my video market recap.

22Dec2:49 pmEST

Hacking Into These Two Charts with Precision

BlackBerry has been a popular ticker for short-term traders for a while now. And updating the daily chart, first below, we can see that Friday's weakness apparently was a failed move lower. We know that from failed moves in the market often come aggressive moves in the opposite direction. Thus far, we are seeing just that in BBRY, with today's...

22Dec1:34 pmEST

Looking to Be an International Harvester of Gains

CORN and WEAT still look to be acting best of all soft commodities. I remain long CORN and would consider adding to it over $27.65. The 30-minute chart of the CORN fund, below, shows a nice consolidating after the breakout  two weeks ago. WEAT may very well be bull-flagging here, as well. If there is no upside follow-through, then I may harvest...

22Dec12:54 pmEST

A Simple Job Down in Cuba

CUBA has been a good day-trading stock over the past few sessions. We profiled the 20-period moving average on the 5-minute chart last week after the initial political news about Cuba was released. Since then, the stock has continued on higher. Updating the 10-minute chart below, I still think you can use the 20-period moving average as a rough...

22Dec11:50 amEST

Trading Vehicles Only or You Can Kiss Your Money Goodbye

The price action in natural gas of late is a good reminder that highly-levered ETFs such s UGAZ (triple-long natty) are designed to be trading vehicles only, rather than buy-and-hold for a retirement account. In addition to the leverage, the ETFs suffer "decay" with the way they are structured. I was fortunate to sell UGAZ right at its...

 
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