by Trent Smalley, CMT | Jun 6, 2017 | Stock Market Commentary
“The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.” – Jesse Livermore...
by Trent Smalley, CMT | Jun 5, 2017 | Stock Market Commentary
Paulson Client Money Vanishes (Bloomberg) Markets Face Three Big Geopolitical Risks This Week (Bloomberg) Authorities Know London Terrorists’ Identities (NYPost) Shiller Says Market To Rise 50% (NYPost) Bitcoin Close Again To All Time High (BI) A Former Wall...
by Trent Smalley, CMT | May 30, 2017 | Stock Market Analysis, Stock Market Trends, Technical Stock Market Analysis
Heading into a short trading week and the unofficial start to summer, there are a few charts we will want to keep an eye on in effort to keep a pulse on the overall tone of the market. A. Weekly RRG The weekly RRG shows risk off assets $TLT, $XLU, and $XLV have made a...
by Trent Smalley, CMT | May 30, 2017 | Stock Market Commentary
Tiger Woods Arrested For DUI, Blames Pills (Bloomberg) JPMorgan Upgrades UK Stocks (Reuters) Small Cap Tech Stocks That Are Ready For A Breakout (MarketWatch) Skepticism Mounts On Junk Bonds (WSJ) Could We See This Coming!?!! (Trading Analysis w/ Todd Gordon) Flying...
by Trent Smalley, CMT | May 25, 2017 | Stock Market Analysis, Stock Market Commentary, Stock Market Trends, stocks to buy, Technical Stock Market Analysis
Shares of the internet music streaming company have gone over about as well as a turd in the punch bowl as of late, but I think they are primed for a pop soon. Taking a look at a weekly chart of $P taking into account 2.5 years of price data, we can see from the Optex...