Since joining Twitter, I've had a number of conversations with Trade Report members who also use twitter. I've found a common mistake between twitter users, and that is over-trading and not understanding time frames.Yesterday, a member told me he had entered one of my focus list stocks. I asked him why, since it was not... Continue Reading →
Monday’s Game Plan
Here is the report I have sent to subscribers laying out my plan for Monday:Market Notes:Let's go over the state of the market on different time frames. The long term trend is bearish. We are still in a bear market. While I have not posted a long term chart, notice that the 200 day moving average (which... Continue Reading →
The Housing Stock Conundrum: Analyzing TOL
Housing stocks have made a windfall for those bright minded speculators who have traded the obvious short entry signals over the past year (I am not in that prestigious group). While the trend is still negative, there are signs that we may see a bottom forming. Today I analyze Toll Brothers, one of the "go... Continue Reading →
