The stock market ended its recent losing streak today, finishing with modest gains.  The Nasdaq led the way, while the Dow lagged a bit, selling off in the last 10 minutes.  There are a number of stocks getting poised to breakout again to the upside, but the trends remain choppy, so these breakouts will likely […]

 
STRATEGY
 Now that you have selected your doctrine, you can develop the strategies that you will employ based upon your doctrine.  Plan your strategies with these steps as a warrior would follow:
 . Identify your objectives
 . Collect intelligence (data)
 . Plan for market conditions
 . Program yourself to trade
Identify Your Objectives
 Due to differences in personal assets, different people have different strategic objectives.  Identifying […]

The stock market ended the week lower on Friday, and is teetering on the edge of rolling back over to test the lows again.  One good sign of the 3 day decline is that volume has been light, and there has not been a true selling day in the mix.  However, there is some cause […]

The stock market ended the day lower on Thursday, while Crude Oil rallied, and is set to test its recent all time highs.  On the daily and weekly charts, Friday looks like a fairly important day for the stock market.  It is facing stiff resistance a few percent above the current levels, and a failure […]

Stocks pulled back a bit Wednesday on low volume on some weak economic data.  Overall, this is the type of pullback we have been looking for after the big rally of the last couple weeks.  One or two more days of pullback on light volume would be ok, but I would not be surprised if […]

Most food related commodities rallied today, while energies were essentially mixed with heating oil down, gasoline up and crude oil pretty flat.  After the recent sharp recent gains in the stock market, we were due for a breather.  Things may stay quiet in stocks for a few days, which is needed before they can undertake […]

The stock market rallied today on news that JP Morgan is increasing its bid for Bear Stearns to $10 per share, from the previous level of $2 per share, and an existing home sales report that suggests that the rate of decline in the housing market is slowing.  As a result, the Dow was up […]

I could never be accused of being a great forecaster of markets, but I believe this commodity bull market is dead.  When a bull market has a run-up like we have seen in Gold and other commodities over the last few months, that is usually a good sign the end is near.  When that move […]

One day after we had a follow through day in the stock market, confirming the huge upside day last Monday, we retrace most of the gains seen in the follow through day.   So what does this all mean for future direction?  We are essentially in a stalemate.  It should be noted that some of this […]

According to the CANSLIM methodology for market timing, today would count as the follow through day we look for to set off a new rally in the stock market.  Whether this is the beginning of a new bull market or a bear market rally will not be known until the indexes either surpass the highs […]