One must not argue with the market.  It peaked long before the bad news came out and it has bottomed before a lot of good news has come out.  As a Maryland state employee, I am learning that we will lose 8-10 days of pay over the next 12 months.  I know MD is not [...]

I spend so much time trying to find the right growth stock that will outperform the market.  Now that we have the extreme ultra (3x) ETF’s it may be preferable to trade them.  An ultra ETF is a basket of leveraged stocks or futures that attempts to outperform the relevant index.  Since I like to [...]

While up-trend is intact, the markets appear to be weakening.  Still long, with the major up-trend. I am on vacation through tonight.

The QQQQ remains in a nice up-trend and I am long stocks.  We are in the period when few pundits believe the rally is justified.  That is okay with me.  I just ride the train as it goes in the right direction,  until it turns.  Two stocks I have been riding, PEGA and SXCI, have [...]

I am a little concerned that the Worden T2108 Indicator is at 90%, about as high as it gets.  It measures the percentage of NYSE stocks above their 40 day simple moving average. See weekly chart of T2108  below. (Click on chart to enlarge.) It may be time for me to hold off on new [...]

The market up-trend is in place and I am almost 100% invested on the long side in my trading IRA.  I am also largely invested in mutual funds in  my university pension. This is the time to ride the train and not to fight it.  No one knows when the up-trend will end.  The idea [...]