I know many people doubt the ability of this rally to continue.  But the QQQQ short term up-trend is only 11 days old!  I decided to apply the stochastics  indicator to the Worden T2108 Indicator.  The T2108 acts as a pendulum of the market, going from overbought to oversold, as does the stochastic.  The weekly [...]

On Saturday, I had the honor of speaking before the Virginia AAII Computerized Investing SIG.  I spoke about my technical analysis course at the University of Maryland and my trading strategy.  I presented a lot of material which I included in my Worden webinar.  For those who missed Saturday’s session or would like to review [...]

For those of you who are first time readers, welcome!  I want you to know that I write this blog to share my experiences gained from trading over more than 40 years. I also write this blog to educate my students at the University of Maryland, who are enrolled in my classes on technical analysis [...]

When the market has been in  short and long term down-trends, and then it  goes up 5% in four days (measured by the Nadaq 100 ETF, QQQQ) , one is left with the question of whether it is time to go long?  The truth is that no one knows for sure if the current rally [...]

At lunch on Friday I told my friend that I was moving 60% of my pension holdings from stock mutual funds to money market funds.  She was incredulous that I would do so after the market was already down so much.  I think her statement represents the psychology of the moment. The market has already [...]

Well, the GMI is back to zero and, by my definition,  the QQQQ short term up-trend is now over.  One of the toughest lessons I have learned over the past 40 years is that I should only stay in the market when there is a well defined trend.  What used to happen to me was [...]

I often search for new market leaders by scanning stocks that hit new 52 week highs.  This table  (click on to enlarge) shows stocks that hit a new high on Friday,  that are near their all-time highs, and had most recent quarterly earnings increases of  at least +50%.  The first EPS column is the most [...]

The GMI has moved up to 1 (of 6), because the 10 Day Successful New High Index turned positive, and the GMI-R is at 4 (of 10), reflecting the strength in my very short term trend indicators.  The Worden T2108 is now out of bottom territory, at 25%.  The number of NASDAQ 100 stocks with [...]

So many of the indicators and stocks I look at are looking very weak.  A lot of people say that copper prices are correlated with economic growth.  Copper is a key material in so many products related to building and economic development. While looking at my watchlist of indicators, I happened to see this weekly [...]

This monthly chart of the Dow 30 really scares me.  On a long term basis, it looks like we have merely retraced a part of the decline from the 2007 market high.  In fact, the market rally has stopped at about the peak of the market in 1999-2000.  The Dow has now started down and [...]