System Trading

If you don’t have a trading system in place that you follow, you have no place in the market. Pure and simple. BUT, if you don’t have a trading system yet, please continue reading. Better yet: sign up now below for my 1-on-1 “how to improve your trading” class, which will teach you a tailored…

State of the US markets: take two

Two weeks ago I showed a very simple chart of the 5 major US indices (S&P500, DOW, NYSE, NASDAQ and Russell2000 (RUT)), with a very simple technical analyses (TA) based on simple support and resistance trend lines put in place since the markets fell of their All Time High (ATH) chairs. Two weeks later and…

TSLA: is its stock -and company- in serious trouble?

The most famous electric car company stock is in serious trouble. Why? There’s only been 3 waves up off the IPO. Blue Primary A, B, C. Why? Because the current price decline has now overlapped with the 2014 price high and 2016 price high. This overlap with these former price high means that the current…

S&P 500 update: The market has spoken.

Over the past few weeks I kept you abreast on the different possibilities the market had. See here and here. Some of you “complained” those were “too many options”, but I don’t make those options, the market does, and any Elliot Wave practitioner worth his/her salt will report on the market’s options because EWT is…