Previous Stocks

What’s next?

As you may have noticed, the past few days seem to have increased in volatility. With that, a lot of the students that I coach have wondered what the near-term direction of the market is. It seems that we either go up nicely only to have the gains erased, or we go down hard only… Continue Reading »

As rates go, the rally goes

There are plenty of correlations between the various markets. Sometimes these correlations are direct, and sometimes they are inverse relationships. Believe it or not, sometimes correlations can switch from direct to inverse. There are correlations between interests rates and the dollar, the dollar and the euro, bonds and stocks, commodities and rates, etc. etc. etc…. Continue Reading »

Gold go bye-bye?

A few weeks ago I published a Chart School newsletter in which I discussed the prospects for gold. At that time, I recalled hearing about what a great buy gold was seemingly every time I turned on the TV or even went to a mall. “Buy gold”, or “We buy gold”, it was always one… Continue Reading »

K.I.S.S.

Ironically enough, I’ve always been a huge fan of keeping trading as simple as possible. Many of the people I coach are somewhat stunned that I think that way considering I am such a big student of technical analysis. My experience has been that the more I learn about the complex, the more I am… Continue Reading »

Good Apple earnings bad for market?

Tuesday after the bell Apple Inc. (AAPL) topped analysts’ estimates yet again with the release of its latest quarterly earnings report. AAPL also raised revenue guidance above what Wall Street was expecting. Shares shot higher in after-hours trading. AAPL said net income rose 78% to $3.25 billion, or $3.51 per share, from $1.8 billion, or… Continue Reading »