by Trent Smalley, CMT | Mar 18, 2019 | U.S. Stock Services Weekly Newsletter
The boiling point Strength in the past week in the US stock indices may be a hint we are more advanced in the construction of the wave B rebound from the December lows. The rush to buy reflects the typical wave B psychology and can hardly be explained by the minimal...
by Trent Smalley, CMT | Mar 18, 2019 | Stock Market Commentary
Relax, it’s just one stock. I am not calling market tops. I’ll leave that to the “pros.” 🙂 I do like to have a short position working in my trading account even in bull markets, and right now that short is Acadia Pharmaceuticals (ACAD)....
by Trent Smalley, CMT | Mar 13, 2019 | Stock Market Commentary
Each week I monitor about 200 different cannabis stocks, both exchange listed and over the counter (OTC). I have long term money invested in both as I see the potential of this industry still in its infancy. In the very early going, technicals were really all that we...
by Trent Smalley, CMT | Mar 12, 2019 | Stock Market Analysis, Stock Market Commentary, Technical Stock Market Analysis
First off, thank you for the kind words about the last post where I gave some advice on trading for a living. If you missed that feel free to check it out here: “My Advice If You Truly Wish To Trade For A Living” It was by far my most read blog post to...
by Trent Smalley, CMT | Mar 11, 2019 | U.S. Stock Services Weekly Newsletter
The bump in the road Over the past few weeks we have discussed the pattern and the associated internal technicals of the short-term S&P 500 uptrend. We concluded a correction was approaching and with key levels at last violated last week we must conclude that a...
