You have often heard me say that the market is rigged, which it most certainly is via the Federal Reserve’s overall interest rate “engineering,”...
Last Friday the European continent was (essentially) completely downgraded. Standard & Poor’s slammed the region with NINE downgrades – some one...
The market is dead. Continuing with last week’s theme – there was no volume, no volatility, and no “action” of any kind. If the market isn’t...
I had high hopes for Monday’s trade when I said “Are enough traders home from their holidays to make for good trading Monday? That’s a close call...
Today’s early signs of life in the market were arguably due to the large drop in the Euro. And by “early signs of life” I mean the drop of US...
Friday’s early trade was higher on general optimism. The early rally ran into resistance and started its normal sideways (lack of) trend. Shortly...
The market fell again Tuesday and although three down days in four is nothing for central banksters to truly worry about (and there is plenty of...
Understanding support and resistance levels is an extremely important technical skill in any market, and I think it's absolutely critical if you...
Today’s missive – R&R - is not about rest and relaxation, but “rollover” and “rumors.” Thursday begins the S&P500 futures rollover. This is when...
[img] Monday was another Ramp & Camp day: it ramped higher on very low volume and set up a camp site. The volatility was ridiculously low –...
Yesterday I said “The reason why I am mentioning this again is that I believe it will become a bigger story this coming week. Oh sure, the...
Before US equities opened Tuesday, markets were roiled by soaring bond yields in Italy, Ireland, Spain, France, and Belgium. What’s this? I...
Last week I gave the outlook for the Non-Farm Payroll data “The consensus for Friday’s NFP is for 90,000 job growth, with an unchanged...
How often have you looked at a chart and tried to determine whether or not the market is really trending? How many times have you been fooled by...
As you know, MF Global has gone bust thanks to outrageous bets on worthless sovereign debt. But as you will read, it wasn’t the sovereign debt...
The topic of trailing stops comes up on occasion in my Virtual Trading Room. They can often cause some confusion, so let’s take a bit of time to...
Wednesday is supposed to be D-Day for the banking mafia. Will the Europeans have it all worked out by then – and by worked out I mean...
Once again the markets experienced an early updraft due to short covering that was followed by yet another preposterous Hopium explosion. One...
A friend of mine in the pit had been having a rough time lately when he asked me a typical question among us traders - How do I come back from a...
The market exploded Monday on the nationalization news of Dexia, no additional sovereign downgrades (but that hasn’t mattered recently anyway),...
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