Ten Reasons Market Rally Is Confusing [View article]
The founder says he sold all longs this week. Brave decision [ie foregoing profits in a rising market] but may yet prove correct soon enough if the overheated tops out as momentum has slowed. I have halved my longs also.
Rare Market Indicator Sighting: T2108 Over 90% [View article]
Agree time to be careful with a heavy dose of earnings out next two weeks. Be open minded but also allow for a fickle market to suddenly change it mind to one of half empty from one of half full currently.
'The Age of the Unthinkable' - Why Life May Not Return to Normal [View article]
We have to adjust to the new reality of constant changes not a one way trip up and up the escalator because that is not sustainable. Granted the long term trend is still sloping up.
A very sensible article, allowing for possibility of sp500 reaching 1000 pts but at the same time having tight stop loss along the way. I like the emphasis on REAL STOP LOSS levels, not mental stops- agree indeed!
Now that Friday close of sp500 is above 850, guess the next resistance levels to watch out for are 875, then round number 900, 940 and 1000!
A sensible view of the markets, riding the optimism with a hand on the TIGHT stop loss trigger. That's what many are doing, myself included.
Someone wisely said let the market speak, and follow its trends. With a couple of failed rallies in the past 18 months, we cannot the possiblility of another one lurking but hoping for the best.
With the fundamental underbely soft, surfing this bull wave has to be done with care. May not be business as usual.
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Latest | Highest ratedShort in May and Go Away [View article]
Ten Reasons Market Rally Is Confusing [View article]
Fund Managers: From Bearish to Bullish in One Month [View article]
Options Trader: Thursday Outlook [View article]
A New Bull Market? [View article]
Rare Market Indicator Sighting: T2108 Over 90% [View article]
If You Missed the Rally, Don't Get Trapped Now [View article]
Shrinking Market Liquidity, or the Soon to Appear Black Swan of Black Swans [View article]
Sentiment Overview: Despite Rally, Investors Less Hopeful [View article]
It's Not a Recession, It's the New Reality [View article]
This Bear Market Rally Is Overdone [View article]
'The Age of the Unthinkable' - Why Life May Not Return to Normal [View article]
A Word of Caution on Double Bottoms [View article]
How to Deal with This Market [View article]
Now that Friday close of sp500 is above 850, guess the next resistance levels to watch out for are 875, then round number 900, 940 and 1000!
Not Every Upside Is a Bull Market [View article]
Someone wisely said let the market speak, and follow its trends. With a couple of failed rallies in the past 18 months, we cannot the possiblility of another one lurking but hoping for the best.
With the fundamental underbely soft, surfing this bull wave has to be done with care. May not be business as usual.