These 10 stocks broke through multi-month bases to all-time highs last week. I draw a green line at an all-time peak not broken for at least three months, sometimes for years.  I then use TC2000 to put in an alert and send me an email when the green line is broken.  All of my students […]

The markets reversed strongly down on Friday as did many of the speculative stocks I watch. Friday was also a high volume down (distribution?) day for the QQQ.  The market averages have been advancing since they bounced on 2/5.  I would not be surprised to see some retracement as current  events in Ukraine provide a […]

I have told you that I have been writing weekly calls on my position in GLD. GLD is an ETF that owns gold.  I have been learning how to bring in a nice income by writing calls on GLD because gold seems to be turning up in a Stage 2 up-trend. Gold often reflects investor […]

I spent a wonderful morning Saturday presenting a workshop to the DC Metro AAII Chapter. The audience of primarily Boomers was very appreciative of my rather conservative presentation. I stressed the desirability of focusing more on ETF’s than individual stocks in order to lessen volatility and stress levels. As always, I recalled some points I […]

The truth is that no one knows for sure.  IBD does still label the market in a correction. As I define it, the QQQ short term down-trend completed its 10th day on Friday.  Another flat or up day on Monday will end the down-trend and begin a new QQQ short term up-trend. I am  most […]

Since 2006, 76% of the QQQ short term down-trends that lasted 5 days, eventually lasted for 11 days or more. I am therefore content to remain mainly in cash with a small position in SQQQ.  SQQQ is an inverse ETF which is designed to rise 3X as much as QQQ falls. The Dow 30 stocks […]

I have been writing for some time about the fact that the current QQQ short term up-trend, was approaching the longest duration of any short term up-trend since 2006.  Since 2006, there have been 52 short term up-trends in the QQQ.  This table shows the length of the ten longest.  The current up-trend is now […]

I wrote a  few days ago that AAPL broke its critical 10 week average and then rebounded.  However, tt then closed the week back below its  10 week average.  This daily chart shows that AAPL has now created a lower high and lower low.  These pivot points were used to draw the turquoise channel lines. […]

I told you that I have successfully traded AAPL by holding it when it closes above its 10 week average and exiting when it closes below. AAPL has now closed below its 10 week average (blue dotted line) and I have exited the stock.  This weekly chart of AAPL  also shows that AAPL remains in […]

2013 was a strong up year for the market.  I though it interesting to make a comparison of how select ETF’s performed if one held them in 2013 and each of the two prior years. The results were illuminating for me.  As this table shows, in 2013  4 leveraged ETF’s far surpassed the performance of […]