Market Notes: Yesterday the Dow pushed to new record highs. The SPY is creeping it’s way up and the Nasdaq ended the day flat. Green stocks are coming back to life. Several weed and alternative energy plays are looking to gap up this morning. I’m not...
Market Notes: After a major panic sell-off, the dip is being bought rather aggressively. The Nasdaq rallied more than 4% yesterday. The Dow and S&P 500 are near record highs. Futures are up again this morning, but the small cap plays I prefer to...
Markets Notes: The market is out of sync, which I believe to be good for the winners. The Nasdaq is in correction, the Dow posted new all-time intraday highs. A feat not seen since 1993. The market is rotating from tech to blue-chip. So there’s still...
Market Notes: Friday was a whipsaw, the Nasdaq, which entered correction territory last week, swung 7.5% through the day, finishing at its highs of the day. The SPY closed only 3% off record highs. This morning futures are pointing toward continued v...
Market Notes: Yesterday the sell-off continued. The VIX stayed relatively low so at this point, the market appears to be in a healthy correction. I laughed as my Twitter friends called this is a crash. Sure the market could still crash but all signs...
Market Notes: I got it wrong yesterday. Bears won, but that’s trading. It’s OK to be wrong just don’t stay wrong. The Nasdaq Composite led the way down giving up nearly 3%. It’s only about 2.5% away from correction territory. The majority of the stoc...
Market Notes: Stocks are moving exactly as they normally do in March opening with a bull day, followed by a bear day, and then back to bulls. With history as a guide, the next two weeks or so should remain in an uptrend. I’m watching for new record h...
Michael and Brian talk about what brought them to the market, what they like about the trading, and the goals of this podcast. Warning: there are a few audio issues… Sorry first try ? Books mentioned: *Reminiscences of a Stock Operator *Dark Pools *M...
Market Notes: The last week of February lived up to its history. In past years it have been very bearish as it has been last week. March traditionally starts strong and finishes weakly. Futures are up and steady this morning so right now history is p...
Market Notes: Yesterday the SPY gave up half its gains for the year. If the pattern repeats we could end February flat. The SPY ended down about 1% in January. The VIX has risen so I’m being extra cautious. Yesterday all the meme stocks faded all day...
