Russell 2000 video overview

I've received a few comments lately regarding the strength of the Russell 2000 (small caps) so I made this video to share my thoughts on the index.  I also covered the charts on the following components of that index in order to get a better feel on where the index itself is likely to go [...]

Dec 21, 2012 12:43pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Russell 2000 video overview

OMX long final target hit

OMX has hit (and exceeded by over 10%) the final target today for a 29.7% gain in just over 2 weeks.  Therefore, consider booking full profits on this trade.  OMX will now be removed from the Active Trades category.

Nov 16, 2012 2:01pm|Categories: Completed Trades - Long|Tags: |Comments Off on OMX long final target hit

OMX first target hit

the OMX long trade just hit the first target for an 11.8% gain from entry so consider booking full or partial profits and/or raising your stops.  also note that upon further review of the charts, i have lowered T2 to the 9.60 level.  although i still prefer T1 on this trade, i think it does [...]

Nov 6, 2012 10:49am|Categories: Completed Trades - Long|Tags: |Comments Off on OMX first target hit

OMX long setup triggered

the OMX setup is breaking out of the previously posted bull-flag pattern, triggering a long entry.  due to the fact this is a counter-trend trade, i currently favor T1 at this time.  

Nov 1, 2012 9:54am|Categories: Completed Trades - Long|Tags: |Comments Off on OMX long setup triggered

OMX long/short setup

typically, most setups posted here are either categorized as a long setup or a short setup.  however, i will occasionally post a pattern that could go either way, such as a symmetrical triangle pattern.  in the case of OMX, this one is a bit more complex.  OMX plunged from about $19 in early 2011 all [...]

Oct 21, 2012 8:55pm|Categories: Completed Trades - Long|Tags: |Comments Off on OMX long/short setup