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 [...]

For the first time since early November, there were more new lows than new highs in my universe of 4,000 stocks on Friday. Furthermore, the Worden T2108 indicator is getting near the level (below 20%) where declines sometimes end.  Friday was the 11th day of the current QQQQ short term down-trend.  We are either at [...]

I recently attended a Worden seminar about their new software, StockFinder.com, which will eventually probably replace TC2007, my favorite analytic program.  While there, they talked about the  free software that they make available to everyone, Freestockcharts.com.  Freestockcharts.com is a platform that is very similar to their new StockFinder software, but it is free and  provides [...]

When I teach my class to honors students I find that the biggest mistake they make in trading is buying a stock when it is too extended from support.  They buy when it is extended and then sell as it falls back to support.  I did that a lot until I reviewed several losses and [...]

Many of you have requested that I post a chart showing the recent performance of the GMI over the past year.  The GMI, though not perfect, has successfully kept me on the right side of the market through the 2000-2002 and 2008 bear market declines.  I simply go to cash in my university pension and [...]

On May 10, I wrote: “So, stocks on the New America list often take off sometime after their story is published in IBD.  One recent addition to the New America list that looks promising technically to me if it can break $18.60, is ASIA. ”
After I wrote that post, I placed a  GTC (good til [...]

The uptick rule is designed to prevent short sellers from jumping nonstop on a declining  stock and driving it to oblivion. It was implemented in 1938 in the aftermath of the the depression and the huge market declines.  Every bear market needs a scapegoat and the public loves to blame the villainous short-sellers for everything [...]

There were 7 new highs and 1,221 new lows in my universe of 4,000 stocks on Friday.  The QQQQ completed the 14th day of its short term down-trend within a longer term down-trend. I heard on Fast Money that the AAII survey has the most bearish reading ever.  Furthermore, the momentum indicator in IBD for [...]