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 [...]

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 [...]

From time to time I attend stock meet-ups and listen to members opine about how useless the IBD 100 lists are.  People just like to denigrate things without examining the evidence and these untruths tend to get passed on unchallenged.  Each Monday, IBD publishes a list  of the top 100 growth stocks that meet their [...]

My short and long term indicators are still in up-trends.  I am enjoying the current weakness and will wait to buy TYH when it bounces off of support.  Support for me for TYH is around 126.  If TYH bounces around there I will buy it and place a sell stop below the low of the [...]

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 [...]

I spend so much time trying to find the right growth stock that will outperform the market.  Now that we have the extreme ultra (3x) ETF’s it may be preferable to trade them.  An ultra ETF is a basket of leveraged stocks or futures that attempts to outperform the relevant index.  Since I like to [...]

The QQQQ remains in a nice up-trend and I am long stocks.  We are in the period when few pundits believe the rally is justified.  That is okay with me.  I just ride the train as it goes in the right direction,  until it turns.  Two stocks I have been riding, PEGA and SXCI, have [...]

I am a little concerned that the Worden T2108 Indicator is at 90%, about as high as it gets.  It measures the percentage of NYSE stocks above their 40 day simple moving average. See weekly chart of T2108  below. (Click on chart to enlarge.) It may be time for me to hold off on new [...]

The market up-trend is in place and I am almost 100% invested on the long side in my trading IRA.  I am also largely invested in mutual funds in  my university pension. This is the time to ride the train and not to fight it.  No one knows when the up-trend will end.  The idea [...]

The market held by the end of last week and I am getting more bullish.  This is because we appear to be at the beginning of a significant turn up in the QQQQ.  According to Weinstein’s stage analysis, the QQQQ is beginning a Stage 2 up-trend, as shown by the fact that its 30 week [...]