The market is like Mike Tyson; How much are you willing to pay a coach to ensure you get out of the ring alive?

  Contrary to what you are used to from me, this post will not cover the financial indices’ price action, but is instead inspired by questions I received from a premium member, and by some tweets of two great traders/investors/advisers I follow on Twitter: Larry Tentarelli (@LMT978, https://trendtradingsignals.com/) and Steve Burns (@SJosephBurns, http://www.newtraderu.com/). I can…

A/D line giving warning signals?

The advance/decline line (A/D) plots changes in the value of the advance-decline index over a certain time period -daily, weekly, or even monthly- and is used to confirm the strength of a current trend and its likelihood of reversing. If the slope of the A/D line is up and the market is trending up too,…

Market breadth is getting very oversold again: can we expect another bounce or a meaningful rally soon?

Six weeks ago we observed market breadth (simple put the difference between the number of stocks advancing or declining on any given day; i.e. market breadth is negative when more stocks decline then advance and vice versa) was getting very oversold and forecasted either a bounce followed by lower prices or a meaningful rally was to…