1. The overall market looks good, but resistance is looming.2. A few more points down and I will start letting go of my short positions (already got rid of RTP).3. I will likely enter SPY around $87-884. Most stocks are pulling back with bullish undertones (low volume, orderly price movement).5. Lots of good looking breakout... Continue Reading →
Some Good Readin’
Here's some good stuff I have recently read"The best and worst of the first quarter.What to look for next week. Here's more.Blue Blood and Mutiny book review.Malcolm Gladwell on a topic I have studied extensively over the past two years, race and IQ.More Gladwell on race and IQ.Bill Maher on biofuels and socializing medicine.The amazing... Continue Reading →
My Favorite Trading Setups and More (Q & A Part 3)
Since the market is closed today, I took some time to answer some more reader questions:Thomas asks: What chart service do you use?Market Speculator answers: I use Telechart. Every evening, I run my scans (breakout, pullback, etc) and flip through charts from my watchlists. Over the weekend, I analyze the best and worst performing sectors,... Continue Reading →
Odds and Ins
Sorry guys, didn't have time to post yesterday and have not had the chance to update my trades. I hope to catch up this weekend. A number of stocks on my bullish watchlist are pulling back, which is great. However, some of them has gapped down to their buypoints, which is not so great. I... Continue Reading →
In Defense of Jim Cramer
Is there anybody more loved and hated in the stock trading community than Jim Cramer? I doubt it. The guy is a lightening rod, and deservedly so. He's opinionated and isn't afraid to speak his mind. Anybody who takes that approach is going to make some great and not so great predictions. If he's wrong,... Continue Reading →
Holiday Postings
It's been a great holiday season so far. Besides the December profits, I've been able to enjoy some of my favorite past times, reading and sports. I've read 11 books this month, which is probably the most I've read in one month since the summer before law school. On top of that, I've played basketball... Continue Reading →
Odds and Ins
I am not doing much trading today. Just managing my positions. BCSI was on my radar after the breakout, but the gap down today concerned me.Don't forget, I'll be posting answers to your questions later this week. Ask me anything. Send your questions to: SinghJD1@aol.comI'm going to spend the rest of the day doing some... Continue Reading →
A Blast From the Past: Criminal Minds
A little over a year ago, I posted quotes from the hit TV show Criminal Minds that related to trading. Surprisingly, it's been one of the site's most popular posts. It seems a lot of civilians (aka non-traders) search Criminal Minds quotes on google. Here is the post in it's entirety:One of my favorite shows... Continue Reading →
Links that Get the Market Speculator’s Seal of Approval
Trading LinksCharles Kirk does a good job of pointing out the developing double top in the S&P 500. While it's important to watch developing patterns, it's dangerous to make predictions before the pattern fully reveals itself. When everybody is looking at the same thing, patterns have a tendency to do the opposite of what is... Continue Reading →
Links that Get the Market Speculator’s Seal of Approval
Here is a list of posts and articles that are worthy of the Market Speculator's highly sought after seal of approval.Trading Links:Dr. Steenbarger shows that strength begets more strength. Maybe my pullback strategy won't work . . .The gold ETF looks golden. I'm a buyer on a pullback.The market in a minute. Dave Landry's presentations... Continue Reading →
Paul J Singh 