Time is on the Trader’s Side

Michelle B submits: Having read a few comments at trading blogs—OK, I have read zillions—I have encountered more often than not, a frenzied, harried, stressful approach to time when one is trading. Some feel the demonic pressure crushing them as soon as the market opens; others feel enervated by its demands needling and pinpricking them [...]

Profit Punch of Small Price Moves

Michelle B submits: Trading the second leg of two measured up legs separated by a bull flag is one my favorite trades, especially because the trade usually lasts only 30 to 60 minutes. In most cases, I will at least partially anticipate the breakout allowing me to keep a very tight stop loss. What is [...]

March 28, 2007 Stock Market Recap

(Note: This will be the last regular post (watchlists & recaps) until this weekend. Look for the next recap this weekend once I’m back from New York.) Trading was choppy & sloppy today as the market tried to digest Bernanke’s comments. The bulls gave it a good try mid-day but the indices still closed near [...]

Watchlist for March 28, 2007

The ‘homies’ (& their ilk) are in the news again with this FBI probe of Beazer Homes for mortgage lending fraud. So my group of homebuilders & lenders (BZH, KBH, LEN, DHI, CTX, PHM, TOL, CFC, WM, LEND, FMT, WFC…) will remain front & center on my monitors. The S&P is set to gap under [...]

Another WallStrip Party

If you’re in New York Friday night please stop by and help us celebrate the 100th episode of WallStrip: Come join us if you are in NEW YORK this Friday evening to celebrate the actors and crew that helped build Wallstrip through 100 plus shows. It is at 54 Bond Street, 3rd Floor at 9 [...]