All of my indicators remain positive. Most important, the QQQ has now closed back above its 10 week average price, after closing below it last week.  It is amazing to me how many of the media pundits are saying the market is too high when the SPY and DIA have just broken through their green [...]

“It continually amuses me how people call into these radio commentators and ask them for their advice about when to buy and sell, when all have shown an inability to predict these major declines.  Each day these sages offer new advice and wipe the slate clean from their past failures.  Perhaps we need a system [...]

I am reprinting below some of my writings from a few years ago in order to give my new students some understanding of my approach to the market. “it is utterly useless for us on the outside, who buy and sell comparatively small blocks of stock, to conjecture about what “they” are doing.  We cannot [...]

I identified the beginning of the new QQQQ short term up-trend on September 7th.  The GMI on that day registered  5 (of 6).  One of the lessons I learned from the great Nicolas Darvas is to use one’s own judgment and to insulate oneself from the news, media pundits and other traders.  He learned this [...]

Now that the GMI is 6 and many stocks are hitting new 52 week highs again, I am looking for strong stocks to buy.  As you know, I prefer to buy stocks that have already doubled in the past year and that are trading at or near their all-time highs.  I also want the stock [...]

Well, we will finally see if the iPad success is already built into the stock’s price.  While a lot of pundits think that the stock is over priced, a look at the monthly chart suggests to me that the stock has just broken out of a 2 year base.  This stock may have a long [...]

I am dumbfounded!   I recently taped some of Cramer’s shows and reviewed Friday’s show this weekend.  At about 10 minutes into his show, Cramer responded to a caller who asked him about the use of stop loss orders.  Cramer ranted on about how he did not want his “home gamers” to put their orders on [...]

I am writing this post primarily to teach my students how I search for potential rocket stocks–stocks that have been launched and appear headed towards new peaks.  As I said in class this week, it makes the most sense to buy stocks that have the best fundamentals and technicals.  This strategy has been advocated both [...]

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 [...]

The table below, like the one I showed in late August, shows me the wisdom of forsaking individual stocks in favor of the 2X or 3X ETF”s.  Why try to find the few stocks that can beat these ETF’s when the odds are so low?  Since the current short bounce began September 1, the standard [...]