Various tips and ideas for regarding trading and investing such as placing orders, using stops, etc… These tips are included within the content of the posts listed below.
I was just asked the following questions & figured that my response was worth sharing: Q: What's your opinion on trading VIX? I'm looking at TVIX, which is 2x VIX, currently pretty low at $8.30s. I was wondering if it follows the same charting principles and indicators as normal ETFs? A: Let me begin by answering the latter [...]
Cognitive Biases The stock market continues to grind within a choppy trading range for nearly a month now. As with most sideways trading ranges/consolidation periods, the longer they last, the more powerful the ensuing trend will be once prices clearly break out above or below the range. I don't see any significant market [...]
This video covers the short-term outlook of the Nasdaq 100 via the intraday charts on QQQ and several of the top components of the $NDX. I recorded this video around 12:30pm ET and so by the time some of you are able to view this video, the QQQ will have either played out as discussed [...]
Investing.com has a pretty slick app available for phones & tablets. I find it particularly useful to quickly glance stock, currency & commodity futures in the evening after I've shut down the PC or in the morning before I boot up (or when out of the office). The app provides access to streaming charts with [...]
The video details a method that I developed to view real-time internals on any index, industry, sector or ETF, including the advance/decline ratio as well as new highs/lows.
As was mentioned on Thursday, after PWE (Penn West Petroleum Ltd) hit the final swing target for a very quick 31% gain, an "unofficial" pullback trade idea was posted here on Twitter shortly afterwards. The purpose of this update is two-fold: 1) T3 was the final swing trade target & although PWE was left on [...]