I received few comments regarding my trading philosophy.  Does that mean you all agree with me?  Your comments really do make a difference and inspire me to continue this blog.  So, please keep them coming.  In a few weeks I will begin teaching two courses on TA at the University of Maryland.  I expect that [...]

As a tribute to the Thanksgiving Holiday, I thought I would share with my readers the trading philosophy I have developed over the years.  It is based on my 40+ years of experience in the market and the insights achieved from my voracious reading about the market during that period. My philosophy is based on [...]

There are a number of stocks that came up in my “Darvas Scan” that are   trading near five year highs and have good technicals and fundamentals. These stocks include: NEU, PCLN, AMZN, NFLX, EGO, LZ, CML, ABV, CBD, WCRX, EW, WES, CPLA.  Some of these stocks may turn out to be rockets if the market [...]

Up-trend continues with my indicators at their maximum values.  I am away and cannot write a full post.

Well, the indexes again bounced off of their lower Bollinger bands and the market’s short term up-trend resumed. Note the 5th bounce that I just added in red to the chart I posted on 10/19 after four bounces.  Review that post if you want to understand the logic of Bollinger bands. If only I had [...]

The market deteriorated very quickly last week.  The 4 down days occurred on much higher volume than the single up day.  In fact, the up volume of some of the bear  3X ETF’s (EDZ, FAZ, ERY) was the highest I have ever seen, especially on Friday.  The 2X  Ultra short  QQQQ ETF (QID) also had [...]